Revolutionize The Exchange Platform With KubitX

As the economic progress, several things have been introduced to the world, such as the advanced banking system, the new currencies, and the new economic policies. One of the most radical changes in the world economy today is the banking system and the new form of currency that has emerged just very recently. The cryptocurrency is the digital currency that is very new and different with the digitalized fiat currencies. The cryptocurrency applies an entirely different form of money with a very different schematics that the world has never seen before. The money or the token Is usually absorbed into the ecosystem of the blockchain, or a set of the decentralized and interconnected form of network that can be accessed individually in the specific area. The world of the financial sector has been forever changed in the dawn of the cryptocurrency.

But the new tech is not just emerged and devoid of all issues. Even seems prominent to challenge the ongoing and current form of business, the money is not very perfect in the term of practicality. In fact, one of the most damaging parts of the token critics is the lack of practicability, and therefore render the token useless outside a particular platform. The token is also suffering from the lack of security which is very vulnerable to any hacking and cracking attacks. It is estimated about billions of dollars has been lost due to the hacking attacks that have been conducted by a different hacker all over the world, who are exploiting the vulnerability of the new emerging platform. This makes the global economist skeptical about the rise of the cryptocurrency, and thus, those issues need to be resolved as fast as possible to expand the cryptocurrency and their platforms further.

To summarize things up concerning the crypto world, several damaging issues need to be resolved by all the platforms which apply the token.

  1. Security

This can be the most important thing for the platforms to concern about, as they are very lacking and thus can damage their entire ecosystem should a massive hackers attacks this platform. This security process is in fact currently undertaken by the various platform that runs their business, by adding more protection and cutting-edge technology for their ultimate security. Several platforms are also doing some multi-layer verification steps for the user to that only the respective user can access their wallet to store their token and exchange it as they please. The security need not only to adapt but also to outsmart the hackers by closing the gap and strengthening the weakness of the platform so that the hackers could no longer breach it.

  1. Exchange

The token exchange is very important since many token platforms rely on their ability to vest their token so that their token will have their investment value for the user. But the problem is, not many platforms provide the token exchange for the user and the customer of the cryptocurrency, but even if there are several platforms that do provide such services, the platform still plagued by the issues such as the lack of security, the high fee per transaction, the slow rate of transaction, and the limited scope of such services. This makes the people that are isolated or located in the remote places cannot have access to some of the platform services and thus generating inconvenience for them.

  1. Lack of customer services support

The customer services are essential to support and to give the education to the user of cryptocurrency. This is understandable since the world of cryptocurrency is still developing and just existed a few years ago, and therefore not many people know about the token platform. The critical information such as how the exchange works, the fees per transaction, the vestment value, the token worth and the general advice for the newbie investor are given by the customer, and therefore the customer services are essential for them. But unfortunately, not many platforms concerns for the customer services and thus make the customer having a difficult time to know the platform better and to conduct a smart purchase for their investment.

  1. The limit of the scope

This is also the serious issues that need to be dealt with by the platform of cryptocurrencies. There are numerous of the platforms nowadays in the world, but unfortunately, not all of them embraces the whole world. We do understand that there are several legal and infrastructure barrier to enlarge and broaden the services of the platform, but there is not a single platform which attempts to remove those barriers. The desolate regions in Africa and the remote places in Asia will never have any chance to be embraced by the platform, and thus they will be left out by the world. The scope of the platform needs to be so wide that it embraces the many countries so that the world of cryptocurrency can be well known and widely accepted by the people of the world.

For further information concerning the issue of a platform and the world of cryptocurrency, you can access the web pages below.

http://www.kubitx.io/

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

 

The Services Of Kubitx And What They Offer

The platform provides a tremendous change compared to the other platform that provides the services of exchange. The most critical part of the platform is that this platform provides the ability of the user to store their money, be it the crypto token and the fiat currencies alike. This is what recently needed by most of the people, especially that located in the remote region such as African and Asian region. Those people are lacking in the banking services coverage and thus still applying the most basic and traditional monetary system which are very vulnerable to any attacks and imbalance in the global economics. That is why the issue of inflation is the western African are very staggering since they do not have yet integrated to the global economic market.

By applying the Kubitx, not only they will be able to exchange any kind of token to any fiat currencies that they desire, but they will also be covered in the banking services so that they can transfer and exchange their fiat currencies as fast as they can, compared by utilizing the traditional form of exchange. This will encourage the local economy to grow and stimulate the prosperity of the surrounding region.  But those ideas and goals are long-term since the pre-condition for that goal to be achieved Is the massive usage of the apps in the regions.

To sums things up, here are several issues that can be resolved by utilizing the platform.

  1. Economic integration

The integration of the local economy into the global economy is essential in this day since it will make the economy much more stable. Even though there are several risks of integrating one country economy to the global scale, the benefit will certainly outweigh the risk since there are so many benefits that can be acquired when a country chooses to do so. The linkage of the economy will be in the form of crypto exchange and fiat currencies transfer that will cover a massive part of the world. That is very important for the local economy to grow since the locals can benefit by utilizing the apps and the tech that can certainly bring more positive impact for the people.

  1. Fast rate exchange

As one of the most important thing for the cryptocurencies world is their ability to be exchanged with all forms of fiat currencies. This is pleasant for all investors that wish their money to be converted to the token, hoping that their token value will grow in the meantime. But there is one difficult issue for this features, which is the slow rate of exchange, and the fees that have been inflicted on the user by the platform. Up to now, there is not a single standard that can formalize the exchange of token to fiat currencies, and therefore the value of a token will generally be dictated by the platform itself. The fees that have been applied by the exchange platform is also rather high and therefore making the token holder grumbling as their token worth is no longer valuable and benefit the holder.

  1. Simple and easy to use

The most satisfying things about this apps are that the user interface, as well as the thorough services that are included in the services are very simple and easy to be used. Even the most inexperienced user will automatically understand how to conduct a transaction such as to buy a certain token, or to sell it, or to exchange it to the other fiat currencies. There are also large variations of token that you can purchase and exchange by utilizing this platform, making this platform very versatile and useful for all the cryptocurrencies player.

  1. Customer support and multilingual

The most important thing for services that want to be spread out and covers a massive part of the world is the customer services and the features of multilingual. There are a lot of languages that are being used by many people besides English, such as the Russian, Chinese, Arabic and so forth. Fortunately the platform does these languages along with the other languages, as this platform employs about 5 languages in it. The customer services, whom will interact with you and the other user will also be able to speak those languages so that you can speak with them in your respective language. The platform has huge mission and vision, which is to encompass a large swath of the world, and therefore they need be able to grasp the market by expanding their services and integrating their services to the rest of the world. This is one step ahead of introducing the cryptocurrency to the rest of the world, and to make the token as one of the most influential money, along with the fiat currencies.

For further information concerning the platform and the mission of it, you may refer to the web pages below.

https://www.kubitx.io/

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

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


The Token Sale And It Distribution

Since the platform employs the blockchain system, therefore they have their token and their token sale. The kubitX token or merely the token is the token that primarily used by the platform to conduct the internal transaction that occurred within the platform itself. The token can also be used to pay the fees per transaction, and you will have the 20% bonus, and therefore you can have the lower fees per transaction. By applying the token, you can also get the higher amount of money per transaction, since the fees are lowered. However, you can use any token or fiat currencies to pay for the fees.

And as for sale, there are three phases of the sale that is occurred within the platform, they are the private sale or referred to the seed, the pre-ICO, and the public sale. The private sale is already over, and now the platform is moving to the pre icon or the pre-sale. The pre-sale is already ongoing and will last for about a month, or at the end of August 31st. There is no soft or hard cap for any specific sale, but they do apply the caps for sale as a whole. Meaning that they will cancel out all kinds of sale whenever the hard cap has been reached. And as the caps, the soft cap for sale is about 10 thousand ETH, and the hard cap will be 25 thousand ETH.

The public sale, unfortunately, has not yet released and informed to the public, and therefore you need to wait for the platform to move to the last sale. But as we have already mentioned above, if the cap Is already reached in the pre-sale, therefore the public sale will be canceled. The worth of token for the public sale is also not released, and it seems they are waiting for the result of the pre-sale. If you are interested in the pre-sale, you can join it by spending about 25 ETH, as the requirement for the people to join it.

For further information regarding the token sale, you can access the web pages below.

https://www.kubitx.io/

https://t.me/kubitx_official

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741