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ICO Review: KuBitX – The Crypto-Exchange For Emerging Markets

Project information

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.


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. 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.

Main Features

  • Trading fees will be paid using the KuBitX token.
  • KuBitX token can be converted into fiat money or cryptocurrencies.
  • New coin listing processes will be assessed by the platform in less than 24 hours.
  • To guarantee users funds, 70% of the platform assets will be in a cold storage wallet.
  • Trading fees (0.025%) 8 times cheaper than the current exchanges (around 0.2%).
  • A professional team that has worked in the top Fortune 500 companies and one of the “big four” consulting firm.

  • Cryptocurrency exchange focused on emerging markets with no geographical restrictions.
  • Through their API, users will be able to pay suppliers or receive Bitcoin as payment for their business.

KuBitX Benefits

Its developers have carried out extensive benchmarking with the platforms already in use today. This has made it possible for them to ensure that they are a few steps ahead of their competitors. In addition, their security team has been sourced from some of the leading security organizations.

The Kubitx platform is very scalable. This means that it is always ready to accept new features, and additions meant to improve the overall user experience.

The people behind this platform are strong believers in the power held by P2P payment ecosystems. As such, they believe that it is only a matter of time before the traditional finance systems get replaced by more robust, and efficient payment systems.

The Kubitx token will initially be based on ETH blockchain. However, there are plans to launch an independent chain in the near future.

Token Information
  • Utility token name = Kubitcoin.
  • Acronym = KBX.
  • Platform = Ethereum ERC20.
  • Max. number of tokens = 500,000,000.
  • Cryptocurrencies accepted = ETH, BTC.
  • Soft cap = 10,000 ETH.
  • Hard cap = 25,000 ETH.

Token Distribution
  • Private sale = 36%.
  • Founders and Development Team = 23%.
  • Investment fund = 20%.
  • ICO = 16%.
  • Advisors and Partners = 3%.
  • Bounty = 2%.

Funds Usage
  • Liquidity = 30.0%.
  • Technology = 15.0%.
  • Promotion = 15.0%.
  • Reserves = 15.0%.
  • Operations = 12.5%.
  • Legal = 7.5%.
  • Partnership = 5%.

Token Sale
  • Starts = Q3, 2018.
  • Ends = Q4, 2018.
  • Token price = 8,909.09 KBX/ETH.
  • Bonus = 20% (private round) and 10% (public round).
Program Bounty

BOUNTY CAMPAIGN: 5 000 000 KBX  to be divided according to the stakes accumulated amongst selected participants.

Bounty campaign includes these categories:
  • Signature campaign (20%)
  • Translation (15%)
  • Facebook (15%)
  • Twitter (15%)
  • Reddit (10%)
  • Article/blog (10%)
  • Youtube (15%)

Success Team from KuBitX Project.

Advisory Team of the KuBitX Project.

The Leading Team
  • Eric Annan – CEO, Co-Founder.
  • Domenic Thomas – CEO, FSP Division.
  • Amadeu Alexandre Filipe – Lead IT Operations, Co-Founder.
  • Victor Akoma-Philips – COO, Co-Founder.
  • LocalCoinSwap.
  • LightBitAtom.
  • BINKD.

We aim to offer a one-stop platform for our users. Many countries and citizens have been left behind in a new revolution called Blockchain, we will connect the dots and offer excellent service using the best practices of top global organizations.

If you are interested to join, or you want to be more clear to know all the latest developments from KuBitX Project, you can directly see all the links below :

ICO Review: KuBitX – The Crypto-Exchange For Emerging Markets ICO Review: KuBitX – The Crypto-Exchange For Emerging Markets Reviewed by haw on July 14, 2018 Rating: 5

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