KuBitX: Improved Cryptocurrency Trading Platform
Cryptocurrency at its best is very beneficial to token holders. The growth of cryptocurrency led to the increase of blockchain platforms and tokens as well as users but the increase of tokens especially the varieties of these creates a need for exchange platforms. Exchange platforms may be easier for those who have grown expert or accustomed to cryptocurrency but for others, it might seem tricky, like doing stocks. The increase in the development of cryptocurrency based platforms gave rise to different exchange platforms but what platform would one use from the complexities of the cryptocurrency world? The accessible, simple yet effective cryptocurrency trading platform is the idea that KuBitX thinks will set them apart.
The current cryptocurrency trading platform is dealing with issues that others may not notice simply because they are not educated with cryptocurrency or the exchange of cryptocurrency that's why it becomes one of the problems, the lack of awareness or knowledge when it comes to cryptocurrency and blockchain. There's also the lack of customer support which is an important aspect when it comes to dealing with platforms related to stuff involving money, plus lack of this would totally make interested cryptocurrency users to dismiss the urge to try platforms out. Another issue is the ease of use, usually, the lack of it is solved by good customer support but integrating a friendly-platform would be much easier to both the developers and the users to have seamless transactions. Next, processing speeds are not that fast and with the continuous growth of the number of users, the speed must catch up with it. Another problem is the exchange between cryptocurrency and fiat mainly because of market volatility as well as the search for efficient deposit and withdrawal of fiat.
The problems of the current cryptocurrency trading platform mentioned above became the source of the idea of KuBitX to create a simple and accessible exchange platform. The KuBitX team composed of knowledgeable individuals came up with solutions to those problems and will integrate the solutions to their platform to produce a KuBitX trading platform that will stand out among the existing ones. The KuBitX's five important solutions for an improved exchange platform answers the problems above starting from the ease of use. Ease of use would allow users to seamlessly try out the platform as well as continue using it instead of dropping it because of complexity. Other than ease of use, KuBitX plans to establish a good customer support available 24hours a day. If ease of use and good customer support is not enough of convenience, KuBitX will also offer multi-linguality on the platform which supports five languages to target an even bigger number of possible users as well as to add ease to people who are more comfortable in a specific language rather than the universal one. In technical solutions, the processing speed problem is aiming to be solved by KuBitX by having a 12M + per second transaction speed which is subject to improvement to a much faster speed. This is aimed to be achieved via Golang. Lastly, there's the solution for the friction with fiat in a cryptocurrency platform or exchange. KuBitX saw the potential of cryptocurrency but also saw that fiat is still an important means of exchange so to balance the two important medium, KuBitX will assist the fiat users in both their deposits and withdrawals with the help of partnerships they will form with payment service providers to enhance the assistance they can give.
For some, this may look like solutions any exchange platform can develop or promise but KuBitX will have two interesting services that will make it attractive: Ambassador/Channel Program and Financial Services. The Ambassador Program stays true to what KuBitX wants, which is to educate the people. With this program, local ambassadors can better relay the message KuBitX wants people to know. With this program, KuBitX can go with the flow and adapt to changes easily because of the closer touch ambassadors have with the market. Next is the financial services. The Financial service of KuBitX is not limited to what cryptocurrency usually offers because of its partnership with payment providers and banks which helps create services that are familiar to people like funds transfer, remittances, and others.
The KuBitX platform will integrate its own token called KuBitcoin in the system. The token sale details for KuBitcoin are the following:
Token: KBX
Price: 1 ETH = 8,909.09 KBX
Platform: Ethereum
Hard Cap: 25,000 ETH
Soft Cap: 10,000 ETH
To know more about the technical details and aspects of the project plus their latest updates, visit their official social media pages and website:
Bitcointalk Announcement Thread: https://bitcointalk.org/index.php?topic=4628365
Website: https://www.kubitx.io/
Whitepaper: https://www.kubitx.io/wp.pdf
Telegram: https://t.me/kubitx_official
Facebook: https://www.facebook.com/kubitx/
Twitter: https://twitter.com/kubitx
Medium: https://medium.com/@kubitx
Bitcointalk Username: AmorFati
Bitcointalk User Link: https://bitcointalk.org/index.php?action=profile;u=2077040