KuBitX ICO Reviews
The digital gold rush has made the exchange platform of cryptocurrency consolidate in a short period of time, where investors from around the world are trying to take advantage of cryptocurrencies such as Bitcoin, Ethereum and tokens offered by innovative projects through ICO.
The purchase and trade of cryptocurrency can be highly profitable and, at present, there are different types of cryptocurrency exchange platforms that offer a variety of characteristics but most operate in major world markets, setting aside access to emerging markets, cryptocurrency fans, blockchain technology and decentralization.
KuBitX is a cryptocurrency exchange, located in Malta, which aims to build a sophisticated, easy-to-use, and secure trading platform focused on opening up the adoption and inclusion of a cryptocurrency economy for emerging markets, allowing access to multiple users in remote locations.
Main feature
Trading fees will be paid using KuBitX tokens.
KuBitX tokens can be converted into banknotes or cryptocurrency.
The process of recording new coins will be assessed by the platform in less than 24 hours.
To guarantee user funds, 70% of the platform's assets will be in cold storage wallet.
Trading costs (0.025%) 8 times cheaper than the current exchange (about 0.2%).
A professional team that has worked for a Fortune 500 company and one of the big four consulting firms.
New thing
Cryptocurrency exchange focuses on emerging markets with no geographical restrictions.
Through their APIs, users will be able to pay suppliers or accept Bitcoin as payment for their business.
Token Information
Utility token name = Cubitcoin.
Acronym = KBX.
Platform = Ethereum ERC20.
Max. number of tokens = 500,000,000.
Cryptocurrency accepted = ETH, BTC.
Soft cap = 10,000 ETH.
Hard cap = 25,000 ETH.
Token Distribution
Private sales = 36%.
Founder and Development Team = 23%.
Investment funds = 20%.
ICO = 16%.
Advisors and Partners = 3%.
Bounty = 2%.
Use of Funds
Liquidity = 30.0%.
Technology = 15.0%.
Promotion = 15.0%.
Reserve = 15.0%.
Operation = 12.5%.
Law = 7.5%.
Partnership = 5%.
Sales Token
Start = Q3, 2018.
Ended = Q4, 2018.
Price token = 8.909.09 KBX / ETH.
Bonus = 20% (private round) and 10% (public round).
NOTE: unsold token will be burned.
Team Leading
Eric Annan - CEO, Co-Founder.
Domenic Thomas - CEO, FSP Division.
Amadeu Alexandre Filipe - IT Operations Leader, Co-Founder.
Victor Akoma-Philips - COO, Co-Founder.
Competitor
LocalCoinSwap.
LightBitAtom.
BINKD.
The existence of Social Media
Twitter.
LinkedIn.
Instagram .
Youtube.
additional information
ICO website.
ICO White Book.
Conclusion
The Crypto exchange platform has become one of the major tools in the blockchain industry for trading Bitcoin, altcoin, and tokens in an easy and simple way. Some platforms are currently only available in some countries due to government regulation, which prevents many merchants worldwide. In addition, the current growth capacity of the bursa has collapsed because a large number of new users and some of these platforms have stopped their registration process due to the high volume of new users. Platforms such as KuBitX will be needed to mask high demand for users where platforms currently do not offer their services.
INFO DETAILS:
Website: https://www.kubitx.io/
Whitepaper: https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
Facebook: https://www.facebook.com/kubitx/
Twitter: https://twitter.com/kubitx
Telegram: https://t.me/kubitx_official
Ann Threads: https://bitcointalk.org/index.php?topic=4628365
Author: titadamay
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1317877
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