INTRODUCTION
The advancement in technology has brought development to many industries of the world. The innovative technology that has changed how things are done in different sectors is the blockchain technology; this has helped many sectors of the world to revolutionize from the centralized way of operation into a decentralized method. This will bring transparency and safety to different transactions. And most of the digital currencies (ETH and BTC) in the crypto market today are based on this innovative blockchain technology. The trading part of this cryptocurrencies is the part most investors and trades in the world are yet to understand this has scared many potential investors and enthusiast from investing into the crypto market. This is because the current cryptocurrency exchanges process is based on the old ways of trading which make trading and investing in cryptocurrencies projects somehow tricky. Though we have several exchanges coming into the market today, they have not been able to deal with security, liquidity and others issues faced by investors in the cryptocurrencies market. This prompt the innovative blockchain based project called KuBitX to come up with training and exchange based on blockchain technology. This will allow this technology to reach the untapped cryptocurrencies market in the world.
WHAT IS KUBITX?
This is an innovative centralized exchange built on blockchain technology. KuBitX is providing a secure and user-friendly trading platform. The platform will allow the developing nations of the world have access to their fantastic trading machine and education about the cryptomarket. The project will be able to reach countries in Africa and others market that has not fully understood how blockchain technology operate.
PROBLEMS FACED BY TODAY CRYPTOCURRENCY EXCHANGE
• Poor customer support: Nothing can be more frustrating than not having your quarries or questions answered, and this is the current trend in most cryptocurrency exchanges. This poor customer support will always be one of the challenges faced by the existing exchanges.
Market Fluctuation: Since the crypto market is not regulated by government or organizations it usually goes through market fluctuations like the increase in exchanges fee. This is caused by the major investors in the crypto market that buy or sell their shares in different cryptocurrencies markets.
• Liquidity Issues: This won’t allow exchanges to execute orders as at when expected. Liquidity plays a significant role in the most crypto market, and this is one of the problems facing the current exchanges.
• Cyber Threat: This is another issue faced by the crypto market. Many of the cryptocurrencies projects don’t have enough security to prevent hackers from having access to the investor’s crypto assets.
Those are few of the cryptocurrency issues KUBITX platform based on blockchain technology wants to solve. The platform is designed to make the trading stress free and educate developing nation of the world about blockchain technology.
BENEFITS OF KUBITX EXCHANGE
The platform ecosystem is built on blockchain technology and provides impressive features that make trading amazing. Few of those features are listed below:
• Fast transaction: The platform transaction will be executed under 12m+ (million) per second compared to the low processing speed of most exchange in the crypto market.
• Fiat Transaction: KuBitX is in partnership with different financial institutions to make the transaction in fiats stress-free.
• Customer Support: KubitX is aware that amazing customers support can be the thin line between excellent and average exchanges. That is why the platform is given attention to this part of the project.
• User-friendly platform: This exchange has been designed with a platform that makes trading easy for beginners and professional traders.
• Multi-Lingual: The exchanges in the crypto market are a bit biased when it comes to language integrations. But KuNitX platform is offering different language integration that will make the trading on this platform comfortable and friendly to the potential investors.
KUBITX TOKEN
KUBITX (KBX) is the token is an ERC 20 based token that can be used on the platform. This can be easily changed to fiat or used for different transactions on the platform.
TOKEN DETAILS
Token: KBX
Type - ERC20
Total supply: 500,000,000.00KBX
Accepted currency: ETH
Total Supply: 500,000,000
Price: 1 ETH = 8,909.09 KuBitcoin (KBX)
Soft Cap: 10,000 ETH
Hard Cap: 25,000 ETH
ALLOCATION
ROADMAP
TEAM
PARTNERS
CONCLUSION
KUBITX is an innovative blockchain based project that will make trading transparent, secured while orientating the developing nations of the world about the benefit of blockchain technology. This will be clear the doubt of most investors about the crypto market and encourage the adoption of this great technology.
For more information about this innovative project, click on the links below:
WEBSITE : https://www.kubitx.io/
WHITEPAPER : https://www.kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
TWITTER : https://twitter.com/kubitx
FACEBOOK : https://www.facebook.com/kubitx/
MEDIUM : https://medium.com/@kubitx
YOUTUBE : https://www.youtube.com/channel/UCm6o0xRXXlrPR0-OqcBwXOA
TELEGRAM : https://t.me/kubitx_official
REDDIT : https://www.reddit.com/r/KubitX/
ANN THREAD : https://bitcointalk.org/index.php?topic=4628365
AUTHOR'S DETAILS
Bitcointalk Username: Bountyfit
Telegram: @odunayoipaye
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2256159
Wallet: 0x7e45cfC9613022C736C6D821Bdd486588A5242d0
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