KubitX PROJECT ((ICO 2018))-THE FIRST TRULY GLOBAL EXCHANGE

in #dprince22816 years ago

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Hi! everyone all over the world, as usual ! all of you know's, I always carry you along with any information about good crypto related projects through my blog.

INTRODUCTION:

Millions of new investors began trading cryptocurrencies. Of course, as with any investment vehicle, there are many different trading strategies, so it’s important to identify which one suits you best.

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To be successful in the world of cryptocurrency trading you must know the market very well, but above all, you must know yourself. Perhaps this is even more important than knowing the market, and your future in the world of crypto may depend on this level of self-honesty.

In general, there are four types of cryptocurrency traders based on the time they take between the opening and the closing of an operation (between buying and selling or vice-versa). You can combine two or more strategies, but the important thing is to know how to distinguish them and the differences in each one. From shorter to longer times, the types of trading are:

  • Scalping:scalping.pngScalping is a type of cryptocurrency trading which is based on buying and selling almost instantly. It is perfect for those looking for a fast trading style. The scalper does not take his eyes off the screen, seeing the variations in real time. These trades typically don’t last more than 5 minutes.
    This type of trading requires a lot of leverage to obtain considerable profits, and it involves opening and closing many operations on the same day. The idea is to bet a lot of money to get very little profit but in a brief time.
    The analysis of trends is not very important in this type of trading because short-term predictions are less accurate. If you are a scalper, you must know how to make quick decisions. You cannot “get attached” with a coin, and you must be very strict with your limits of Take-Profit and Stop-Loss.

  • Day Trading:day.pngDay trading is a short-term trading strategy that consists of opening a few positions at the beginning of the day and closing them at the end. This way, there is a greater range of action and a quieter period of operation, controlling the risks of leaving a trade open for a few days and suffering a change of trends by an unexpected event. i.e., if you live in the United States and leave a position open, bad news from Asian governments may cause a fall while you sleep. In the same way, some good news may generate an increase, but at the end of the day, what matters to the Day Trader is having control over the information.
    The most common candles daytraders operate with are candles from 15 to 30 minutes. Sometimes they observe 4-hour behaviors to see if their trading is part of a trend.
    They use indicators and technical analysis. The most recommended ones are the MACD and the RSI.

  • Swing Trading:swing.jpgThis is the most common type of trading in the cryptomarket. Generally, because of the significant volatility of altcoins, traders buy a currency and then change it to USD, BTC or ETH only to buy another altcoin and thus maintain their wave of profit (most altcoins are quoted mainly against Bitcoin).
    Swing trading cryptocurrencies consists of opening trade and leaving it for a reasonable period of time, from hours to several days. They generally use candles from 12 hours onwards with other essential indicators. One that is not usually missing is the volume of the market. The use of technical analysis is of great importance.
    The most common indicators are the MACD, RSI, Stochastics, however many prefer to use other signs that provide a more general view of market behavior: Fibonacci Regressions, Gann forks, Bollinger, EMAs, etc.

  • Position Trading:position.pngPosition trading is a trading strategy that is more “investment” than “trading.” It consists of opening positions and leaving them for several weeks to years. It requires extensive knowledge of aspects beyond the technical ones. Long-term investors are willing to take a significant amount of risk in favor of the possibility of making a considerable amount of profit.
    An in-depth study is necessary to know the reliability of each move that is made, for this reason beyond the technical analysis, traders must continuously apply fundamental analysis studies.
    The most common candles studied go from 1 day to 1 month depending on how willing investors are to maintain their position.
    But above all, as serious as the trading world may be, make sure you enjoy your trip.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: KubitX

WHAT IS KubitX?

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KuBitX is a revolutionary exchange project which is aimed at doing way more than most exchanges offer today. Already with significant bank partnerships to meet core needs in most emerging markets. The project was conceived and started in Q4 2017 with a team of all round professionals from Dell, Huawei Technologies, PricewaterhouseCoopers (PwC), Google, BP Oil, Amazon Web Services (AWS), MTN etc who have proven track records in their respective fields. The project is at 80% completion with an MVP trade engine that has capacity to do handle over 12 Million+ transactions per second with about 40 nanosecond latency. Our engine is also equipped with strong compliance architecture tools to check all non-complaint activities and thus make us the most preferred and secure exchange in the world.

ABOUT KubitX

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KuBitX is a centralized cryptocurrency exchange. Building the most advanced and robust Trade engines, one of the most secure, fastest and robust platform today. Founded by a Team of result driven professionals working in the top fortune 500 companies and one of the "big four" consulting firms.
Currently, laying all the foundations and linkages to focus the KuBitX exchange as a vehicle to open up adoption and economic inclusion for the emerging markets.

KuBitX is Building the most progressive and hearty Trade motors, a standout amongst the most secure, most quick and strong stage today. Established by a Team of result driven experts working in the best fortune 500 organizations and one of the "sizably voluminous four" counseling firms. At the moment, the establishment of all the substrates and links to center the KuBitX trade as an opening movement of the selection and monetary incorporation for the developing markets

Kubitx are also going to target the fiat-crypto conundrum we face in this space. This problem originates with the high degree of volatility in this market, which makes securing fiat gateways very hard. This is yet another huge pain point within the space, I am personally sick of having to use CoinBase to buy crypto and then bounce it around a couple of exchanges to where I need it- all at high transaction fees.

It is designed to provide a user-friendly experience. It will provide faster customer service and take care of the user's concerns with diligence and convenience. It helps its users to follow their real estate appraisal in real time and provides functionalities to facilitate exchanges. The financial transactions made on this platform will be very safe because they will have the support of several signatures in a smart contract. He is currently using the Etherium-based currency and will later roll out his own currency, which will further add to user convenience. They will provide almost all financial services using linked electronic money, such as money transfers, merchant processing, transactions and a number of other services. They will help users track their assets with the electronic money of other platforms. They will take all the necessary steps to educate and engage everyone in this foundation.

Kubitx further claims that across the world the number of “unbanked” is in the range of 2 billion, which goes to show you the potential market of this platform. What you should realise as you are reading this article, is that we are early adopters to cryptocurrency and we have not even scratched the surface in terms of user adoption in my opinion. I fully believe cryptocurrency will take over, and all of these “new cryptocurrencies” will require exchanges to operate, just like Kubitx. Kubitx further state they hope to reach 1-10 million users in the first 3 years, I feel this figure could be a lot higher based on the stats above. I believe the team are being conservative in their estimate, as I believe within 3 years we will be well on our way to mass adoption of crypto.

This game-changing platform will not just be another fee-maker, in fact all trading fees will be paid using our token. We will never charge fees in other cryptocurrencies unless the user doesn't possess our token which will be easy to acquire in our exchange. We are here to provide transparent services to our customers; never compromising the integrity of users' data.

KubitX TEAM BAORD

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KubitX ADVISORS BAORD

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KubitX ROADMAP
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KubitX ICO ANALYSIS

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The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the KubitX EXCHANGE PLATFORM

KubitX TOKEN ANALYSIS

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  • Token Symbol »» KBX

  • PreICO Price »» 1 KBX = 0.00011 ETH

  • Price »» 1 KBX = 0.00011 ETH

  • MVP/Prototype »» Available

  • Platform »» Ethereum

  • Accepting »» ETH

  • Minimum investment »» 0.25 ETH

  • Soft cap »» 10,000 ETH

  • Hard cap »» 25,000 ETH

  • Country »» Malta

  • Whitelist/KYC »»KYC & Whitelist

CONCLUSION:

Thanks to Blockchain Technology and KubitX Exchange Platform for introducing better and incomparable ideas in the World Crypto Exchange.

For more information about this project, please! follow the links bellow » » »

★WEBSITE: http://www.kubitx.io/

★WHITEPAPER: https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

★ANN TREAD: https://bitcointalk.org/index.php?topic=4628365.0

★FACEBOOK: https://www.facebook.com/kubitx/

★TWITTER: https://twitter.com/kubitx

★MEDIUM: https://www.facebook.com/kubitx/

★TELEGRAM: https://t.me/kubitx_official

★REDDIT: https://www.reddit.com/r/KubitX/

••BITCOINTALK USERNAME: Dprince2281

••BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1907552;sa=summary

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AUTHOR: Dprince2281

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