KUBITX: INVESTMENTS AND TRADING MADE EASY

OVERVIEW
There is an adage that says an idea is lovely when it has the ability to carry the crowd along. This point reflects back to the innovation of bitcoin which has led to establishment of hundreds of other cryptocurrencies.Although the main objective behind cryptocurrency is to provide a secured and anonymous way to transact and transfer funds from one individual to another. In order to carry out these ideology, a digital ledger of bitcoins transactions called Blockchain was created by Satoshi Nakamoto. The high rate of adoption into the market has made an enormous increase of cryptocurrencies like Bitcoin and Ethereum, hence made cryptocurrency market popular and stable with constant revolution.
The trading of all this cryptocurrencies on the other hand has been another barrier which many are also yet to understand due to the complex nature of the process. Many often time people get scared due to the risk involved in trading cryptocurrency. It is a known fact that many of the current exchanges are not making trading easy for old/traditional investors to come on board. A lot of exchanges are being created day by day but with all sorts of problem. Problems like lack of insecurity for investors’ fund, market manipulation, lack of liquidity and lack of awareness leading to distrust and people falling victims to barbaric acts.

CHALLENGES FACING CRYPTOCURRENCY EXCHANGE ECOSYSTEM

• Security Issues:
These issues have been lingering.It is basically the biggest threat to cryptocurrency exchanges, many often times exchanges face security issues because of hackers who sends all sort of Trojans and malicious links to affect exchanges which leads to many investors fund been stolen.

• Market Manipulation:
Due to lack of regulation on the way trades are being operated on exchange as caused market manipulation of prices, this is common in so many exchanges and it is seen to be one of the major challenges faced by exchanges. These manipulations are done by whales; they pump and dump coins for their own benefit.

• Lack of liquidity:
As a result of lack in liquidity, sometimes orders are not been quickly placed because of low supply and demand of some coins thereby leaving traders to wait for required buyer/seller to arrive on the exchange.

• Lack of good customer support:
Another major setback is the lack of customer support. Many often times users complain of bad user experience due to the non-responsive customer support provided by many exchanges. This is caused by lack of efficient and effective management staff to handle loads of request.

All these highlighted points makes the crypto trading dangerous to venture into which imperatively leads to reduction in the level of its total adoption.

SOLUTIONS PROFOUNDED BY THE PLATFORM

• The innovation of the KubitX Global Channel Ambassador, helps educate people and the ecosystem about Blockchain technology and thereby enhancing adoption by masses
With the innovation of the Anti Market

• Manipulation (AMM) tool on the KubitX platform, liquidity will be improved and the cost of transaction will also be reduced promoting the rate at which individuals venture into the activities in the crypto world.

• KuBitX has designed customized security architecture to ensure encryption keys are stored very well and Secure offline multi-signature cold wallets/vault system.

• KuBitX will educate people how to take advantage of Blockchain philosophy thus enhancing financial institution.

• KubitX will be creating opportunities thus developing the economy of the emerging market and empowering people through the constant practice.

TOKEN ANALYSIS AND INFORMATION

KubitX will be issuing a fixed supply of 500,000,000 Kubitcoin (KBX) tokens which are based on the ERC-20 standard. KuBitcoin (KBX) token is a utility token which can be used as a method of payment for the trading fee. The token can also be used for payment of incentives and rewards within the platform.

Token Name: Kubitcoin (KBX)

Token Type ERC-20

Total Supply: 500,000,000

Price: 1 ETH = 8,909.09 KuBitcoin(KBX)

Currencies Accepted: ETH

Soft Cap: 10,000 ETH

Hard Cap: 25,000 ETH

Pre-Public Round Bonus: 20%

Public Round Bonus: 10%

Unsold Tokens: All Burned

In Conclusion, Kubitx exchange has been created to make trading faster, easier, and more secured, with structures in place to assist in educating people on the benefit of investing in cryptocurrencies which will help improve the adoption of blockchain technology and also boost standard of living and other socioeconomic characteristics globally.

FOR MORE INFORMATION ABOUT THE PROJECT KINDLY ACCESS THE LINKS BELOW

Website
https://www.kubitx.io/

Whitepaper
https://www.kubitx.io/wp.pdf

ANN
https://bitcointalk.org/index.php?topic=4628365

Facebook
https://www.facebook.com/kubitx/

Twitter
https://twitter.com/kubitx

Blog
https://medium.com/@kubitx

Telegram
https://t.me/kubitx_official

Author's Details
Name: DULO WEGNER

BTT USERNAME
dulowegner

BTT PROFILE
https://bitcointalk.org/index.php?action=profile;u=1196236;sa=account