KuBitX - First Truly Global Exchange

WHAT IS THE CONCEPT?

We aim to offer a one-stop platform for our users. Many countries and citizens have been left behind in this new revolution called blockchain we will connect those dots and offer an excellent service using the top global organisations best practice.

ADVANCED PLATFORM

KuBitX is one of the most advanced and robust cryptocurrency trading platforms designed in a very user-friendly manner to enable people from all regions and backgrounds get a stronghold of the ideas revolving around the Blockchain and the cryptocurrency space. It is built to transact at 12 million transactions per second. Avoiding exchange crashing, creating more to trade at faster speed.

SECURED WALLETS

Contained within the KuBitX ecosystem are the KuBitX Trade engines, the secure KuBitX wallets, and an advanced Admin dashboard for regulating the activities within the Trade Exchange.

FOR BUYERS AND SELLERS

By targeting even the remotest people for their inclusion in the cryptocurrency market, our goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers worldwide.

WHAT MAKES US DIFFERENT?

KuBitX has been developed not just as a trade engine but an engine for growth and development of the emerging markets assisting in financial inclusion, financial education and Blockchain adoption by the people. We strongly believe that KuBitX has the potential to reach the emerging regions and educate the citizens with little or no access to Blockchain based services and adoption and offer multiple crypto to fiat exchange and paring.

EXCHANGE ARCHITECTURE – KuBitX

The KuBitX Exchange is designed to operate at low latency, high throughput, and maximum uptime. By incorporating geo-replication in its architecture, the exchange is built to be fault tolerant, ensuring that the platform delivers a seamless and uninterrupted trading experience to its users. Below is a high-level abstraction of the exchange architecture showing how the different systems within the exchange are connected logically.

ADVANCED APIS AND FINANCIAL INTEGRATION

KuBitX’s advanced APIs promise to give the users a hassle-free trading experience. It will allow them to get connected to FIX, Rest, Binary, WebSocket, and third-party custom APIs. This architectural design will also enable integration with banking, payment gateways, and settlement.

ROADMAP ( Website : http://www.kubitx.io/ )

Q4 2017

• Project Initiation

• Project feasibility study

• Benchmarking

Q1-Q2 2018

• Project Engagement

• Team Structuring

• Legal processes for incorporation in Malta

• Whitepaper creation first draft (Business)

• Angel/Seed Contribution Engagements

Q3 2018

• Project Execution

• Launch KuBitX Channels Ambassadors (Flagship countries)

• Prototype

• Start Pre- Public Round of TGE

• Exchange Soft Launch

Q3-Q4 2018

• Project Execution (Contd.)

• Phase 1: Financial Services integration with KuBitX

• End Pre- Public Round

• Exchange Go-Live

• Public Round of TGE

• Global Promotions

Q1-Q4 2019/2020

• Project Add-ons

• KuBitChain

• Phase 2: Financial Services integration with KuBitX

• Continuous Improvement (Operations, Product Enhancements and Community Feedback for Improvement)

ABOUT KBX TOKEN

Ticker KBX

Token Type ERC20 (Ethereum)

Decimal 18

Total Supply 500,000,000

Currencies Accepted ETH

Soft Cap 10.000 ETH

Hard Cap 25.000 ETH

TGE Details Seed Round: Ongoing. Ends 16 July, 2018.
Pre-Public Round: 16 July - 31 August, 2018
Public Round: TBC

HOW KUBITX WILL BENEFIT YOU?

· HIGH SCALABILITY

Our platform is highly scalable, ready to accept new features to improve our users trading experience.

· BLOCKCHAIN

Our token is initially based on the Ethereum blockchain. We plan to launch our own chain in the near future which will then be very useful to many cases such as the most common social, utility, administration, and governance problems in developing countries.

· LOW FEES

Our fees are the lowest around, it is even lower when you choose to use our native token the KBX for fees payment. Trading fee on KuBitX exchange is 0.05%, however, the users opting to use KuBitcoin(KBX) tokens as a method of payment of trading fee will get a discount of 25% compared to the original trading charges.
- Trading fee = 0.05%
- Trading fee using KBX token= 0.0375%

· SECURE

We have made an extensive benchmarking with the current platforms, which allowed us to take few steps ahead, plus our security team comes from top organisations.

· ECOSYSTEM

As strong believers in peer to peer payment ecosystems, we believe that traditional financial systems will eventually be replaced partly due to continuous broken trust, censorship and a growing enlightenment of the populace.

· MINIMIZED RISK

Our multi-signature wallet and cold storage strategy will minimize the exposure of our trader’s funds. We have combined various strategies to secure the funds traded on our platform.