Introduction
Blockchain technology is one of the best innovations that takes place in the 21st Century which brought about revolution on the way things are done all around the world. It is no longer a news that the rate of adoption of cryptocurrency across the globe is so alarming. Many people are now opting for transactions using the blockchain technology instead of the traditional means as the digital currency transactions are taking over the conventional means of transaction.
Nevertheless, many cryptocurrency investors and enthusiasts go through some rigours in a bid to trade their cryptocurrencies either to another cryptocurrency or to fiat currencies. The majority of the problem oftentimes originate from the exchange platforms, sometimes due to high exchange fee, hidden charges, complicated exchange platform, low liquidity and many more.
Personal Experience
I made use of an exchange platform sometimes ago and regretted ever trading on that particular platform due to high exchange fee charged for the transaction coupled with the fact that I was unable to withdraw all my coins. I had no alternative as at the time as the coin I wanted to trade was only listed on that exchange. That gave me a bad impression about the exchange and not only this particular exchange only, but such is the experience of many other users using some other exchanges.
The Exciting News!
The exciting news is that there is an exchange platform that has come with a difference in order to proffer solution to the problems been faced by users during the course of trading and transaction of their cryptocurrencies. The name of the platform is called KubitX
What is KubitX?
KubitX is the first truly global exchange, being one of the most advanced and robust cryptocurrency trading platforms that is so designed in a user-friendly manner in order to enable people from every regions, backgrounds and level of experiences get the ideas of the blockchain and the cryptocurrency space.
KuBitX is a centralized cryptocurrency exchange that is designed to carry out about 12 million transactions per second to avoid exchange crashing and create more to trade at a faster speed. KubitX is distinguished being the most advanced and robust trade engine and one of the most secured platform we have around.
This great platform will make sure that all trading fees are paid using the platform's token. It will never charge fees in other cryptocurrencies unless the user doesn't have their native token which would be easily acquired in the exchange. The platform will provide a very transparent services to the customers and will never compromise the integrity of users' data.
Features of KubitX
Security
One of the hall marks of KubitX being an exchange platform is security. This is held in high priority because it defines the future of the platform. KuBitX ecosystem consists of the trade engine and also an advanced admin dashboard which regulates the activities within the trade Exchange.
Diverse Crypto Market place
KubitX has target to reach people who have been excluded from cryptocurrency transaction due to their geographical locations, that is, people in the remote areas for their inclusion in the cryptocurrency market. KubitX will be one of the most diverse cryptocurrency marketplace for people worldwide.
Crypto Awareness
One of the things that are featured on KubitX is awareness and proper education to people on cryptocurrencies. This education will bring about more literacy levels in emerging markets through the means of seminars and workshops. KuBitX will focus on education through awareness campaigns that will infiltrate emerging markets.
Fast Transactions
KuBitX is a truly global exchange that favourably competes with other global exchanges that are currently carrying out about 1.4 million transactions per second. On the higher side, KuBitX is designed to carry out 12 million transactions per second.
Language Diversification
Another outstanding feature of KuBitX is language diversification. As we know that there are various differs languages across the globe so KubitX identified that language barrier is another issue for customer support. In order to tackle that, their global channel ambassador program will make sure that their is local dialect presence in each country.
Benefits and Competitive advantages of KubitX
Transparency
KubitX will be very much transparent and the fact that the token is based on the blockchain of Ethereum proofs the point. And they also plan to launch their our own chain in the nearest future. Transaction on the KubitX are stored on the blockchain so it could be tracked being transparent.
Peer to Peer
KubitX ecosystem operates through peer to peer payment. The platform believes that traditional or the conventional financial systems will someday be replaced due to growing enlightenment of the populace about cryptocurrency. Peer to peer is the modus operandi on KubitX.
Secured wallets
Another competitive advantage of KubitX is the inclusion of secured wallet which can hold the coins of the users without any fear of been phished or broken. Their security team are well organised and come from top organisations to give the best security ever.
Low risk
As a matter of fact, the level of risk that is incured by user by using KubitX is insignificantly low. The multi-signature wallet and the cold storage strategy really minimize the exposure of any trader’s funds to risk. KubitX combines various strategies to secure the funds traded on the platform and ensure safety.
Low transaction fee
The fees that would be charged on KubitX for transaction are the lowest you can get around, it even becomes lower when a trader choose to use the native token (KBX) for fees payment. KuBitX exchange charge 0.05% for trading as against many exchange platforms that charge 0.1%. However, when a users opt to use KBX as a means of payment of trading fee, the user will get a discount of 25% making the trading fee when using KBX token to be 0.0375%
Token details
Token name : Kubitcoin (KBX)
Token type : ERC-20
Price: 1 ETH = 8,909.09 KBX
Platform: Ethereum
Accepting: ETH
Minimum investment: 0.25 ETH
Soft cap: 10,000 ETH
Hard cap: 25,000 ETH
Total Supply : 500,000,000
Pre-Public Round Bonus: 20%
Public Round Bonus: 10%
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA, China.
For More information
Website: https://kubitx.io/
Whitepaper: https://www.kubitx.io/wp.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4628365
Telegram Community: https://t.me/kubitx_official
Telegram Announcement: https://t.me/kubitx_ann
Twitter: https://twitter.com/kubitx
Linkedin: https://www.linkedin.com/company/kubitx-exchange/
Medium Blog: https://medium.com/@kubitx
Reddit: https://www.reddit.com/r/KubitX
Facebook: https://www.facebook.com/kubitx/
Author:
Bitcointalk username: petox34
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2338476;sa=summary
0x433320eC655a5C8CaA811d24006C1ffC80a23b87