One will argue that cryptocurrency exchange platforms are already numerous and there is little to no room for new platforms emanating. But it will be a wrong judgement without first taking into consideration the current offerings and their respective challenges and comparing it to what the new player is bringing to the table. Literally there is no industry that doesn’t have need for new, innovative technological solutions and crypto market is in dire need of one. The crypto market is in continuous growth, daily current crypto exchange platforms record new signups. Currently the available platforms are finding it difficult to attend to the need of the crypto community.
Current Problems
Current crypto exchange platforms are plagued with numerous problems which have made the experience of customers, a not so smooth one especially for new users. Old time users also find these platforms problematic and unreliable and at most manageable.
- Current exchanges lack the speed to process transactions in real time.
- They charge customers exorbitant transaction fees.
- Customers have to put up with poor customer support.
- Cases of attack from hackers have been recorded that lead to the loss of funds of customers.
The solution to these problems lie in development of a reliable innovative trading platform that will be able to cater to the needs of teaming traders, grant a consistent trading experience, secure and reliable.
KubitX Solution
KubitX is a new generation blockchain based crypto exchange platform that has taken note of the current industry problems and intends to create a revolutionary crypto exchange platform that will provide;
- A processing speed of over 12 million transactions in a second. When compared to the current platforms you will be shocked to discover that this speed is more than 10 times what is currently obtainable. Customers will no longer have to worry about transaction delays as this will in effect make transactions instant.
- Fiat deposit and withdrawal to customers. Majority of the current digital platforms offer limited to access to fiat deposit and withdrawal as a result customers find it very difficult liquidating their assets. Kubitx will from the start offer customers the ability to deposit and withdraw fiat from the Kubitx exchange platform.
- A reliable customer support that will be available in 5 different languages. Customers will no longer find it difficult reaching out when they run into issues.
- An unmatched interface that is friendly and easy to use. Users irrespective of their educational background will find the platform easily accessible whether the user is accessing it from the web or mobile application. Kubitx promises an experience that is consistent among the different platforms.
- Lower transaction fees up to 0.05%, 50% lesser than what is mostly obtainable from other platforms.
Token Details & ICO
The Kubitx ICO is currently ongoing and is in the pre-public round which will last until the 30th of August, 2018. Other details of the KubitCoin (KBX) and the ICO are as follows b
Token Name: KubitCoin (KBX)
Token Type: ERC-20
Pre-Public Round: July 16th — August 31st, 2018
Public Round: TBC
Accepted Currencies: ETH
Total Supply: 500,000,000
Price: 1 ETH = 8,909.09 KubitCoin(KBX)
Soft Cap: 10,000 ETH
Hard Cap: 25,000 ETH
Pre-Public Round Bonus: 20%
Public Round Bonus: 10%
Unsold Tokens: All Burned
Pre-Public Round Minimum Contribution: 25ETH
Public Round Minimum contribution: 0.25ETH
Maximum Contribution: No maximum currently
Conclusion
KubitX will succeed in bringing the change we have so far longer for. A highly scalable platform, secure, reliable and offer full liquidity will go a long way into solving most of the current problems we experience.
For More Information
Website: http://www.kubitx.io/
ANN Thread: https://bitcointalk.org/index.php?topic=4628365
Whitepaper: https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
Telegram: https://t.me/kubitx_official
My Bitcointalk Profile https://bitcointalk.org/index.php?action=profile;u=2171173