KBX

Revolutionize The Exchange Platform With KubitX

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

KubitX And The New Platform For Token Exchange

KubitX And The New Platform For Token Exchange

A token exchange is the most important thing for the cryptocurrency services and therefore the exchange need to be optimized in such a way that all customers can employ such services throughout the world. The cryptocurrency or the token has become new money that circulates in the global economy, along with the other fiat currencies. The token and the platform, still need to be improved though, since they carry so many issues which hamper the utility and usage of the token itself. The world of cryptocurrency is also just recently emerged, and therefore a majority of the people purchase the token without knowing the further details concerning the token itself, and therefore making the additional purchase and then resulting in the loss of money. This is an issue which needs to be taken down, and therefore all platform should strive hard to tackle this lack of education and information issue toward the general population of the world.

Secondly, a majority of the platform suffers the issue of practicability. The token, as we know, it is only useful within the platform to conduct several purchases or transaction, and they cannot be used just outside the platform. This makes the token very useless in the term of practicability since the token cannot be utilized to purchase the daily needs of the people. Even though there are also several platforms that attempt to solve those issues, they work uncoordinated and resulted in the abundance of the platform which intersects one after another, and therefore rendering them redundant and not so practical in the end. The coordination needs to be conducted per platform so that they can create a better ecosystem which is practical for the people to use.

As for the rest of the issues concerning the token and their usage, here are several of them.

  1. Scope

The cryptocurrency and the respective platform are and innovation to combat the old and aging business environment which are very centralized and benefit the few. But unfortunately, the scope of the platform is insufficient to the western countries such as western Europe and USA, and a little part of Asia. This means that the solution that is offered by the platform are not embracing the broad swath of the world and thus making the platform very exclusive and hard to be used in the majority of the countries. There are several issues for this parts, such as the tech barriers, the administrative and legal barriers, and so forth. The platform and the token need to be adopted by a majority of the countries so that they can feel the benefit of joining any particular ecosystem.

  1. Exchange

There is the infinite amount of token that revolves in the world, and each of the tokens has their value and type as well. That is a good thing since it gives the market a boost they need, and therefore encouraging the society to be integrated into the ecosystem of the platform. But due to the massive number of token that exists, the need to exchange the token become very important, but unfortunately there are not enough platform that provides such services. This leads to the tedious process of exchange, especially the token to the fiat currencies. The exchange also will require the user to pay a specific fee for the platform to gain profit and thus developing the platform. But that makes the user lost their money and therefore making the exchange impractical.

  1. Security

The security of the platform is also at risk, since several security issues need to be taken down by the platform, and one of them is the hacker. As we already know that the tech that brings the platform, which is the blockchain is somewhat new and still need a lot of work to improve the system. The hacker usually exploits the gap in the security to breach the protection layer and thus stealing the money. The report estimates that the hacker attack alone has cost the entire blockchain platform up to billions of dollars. This will ultimately shut the whole ecosystem if the issues are left untreated. The platform needs to have a coordinated work to increase the protection and the security of the blockchain and the smart ledger so that the hacker could no longer attack them.

  1. Improper customer services

Since the crypto-based business is very new in the global market, many people don’t understand how they work, and how do you even make the profit by joining one. This makes the people purchase the tokens simply it is the trend that currently goes viral, such as the bitcoin boom in recent years. We do know that the token is not a form of investment since there is no guarantee that the value of the token will be forever increased. That is not happening since the value of the token is fluctuating and thus making the newbie investor scratching their head. It is better for any platform, Or the token exchange platform has their supportive customer care which will tend to their customer and gives them the insight that they need before they purchase the token.

There are several reasons why people are purchasing the token, and one of them is to join the ecosystem of a platform, and the other to make the investment using the token. The next need to be educated that the token can increase their worth in the global market, but it can decrease since it is not a very solid form of investment such as the gold bar, some lands, or properties. Those are the issues that are plaguing the crypto world and need to be handled seriously. Otherwise the market and business of the cryptocurrency will start crumbling fast.

For further information regarding the crypto related issue, you can refer to the webpage here.

http://www.kubitx.io/

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

Kubit And It Role In Rejuvenating The Crypto World

As we already know, the world of cryptocurrency will always relate to the platform that issues the token or the cryptocurrency itself. The platform is the primary concern when it comes to the token since the platform will determine what kind of token that they will use, and how they will use the token. There are so many platforms that issue their token, and they come with a very different business concept which is very interesting. Some of the platforms run in the services, while the other works in the different lifestyle which are very important and fresh for the market. But one which makes them the same is, that they run to disrupt the world of the centralized and conventional business so that they can give a new alternative for the business.

It is also what happens with kubitX, which is also one of the leading platforms to disrupt the natural exchange platform ecosystem that is already existed today. It gives the alternative for the people so that they will have numerous possibilities and comparison when it comes to the token exchange platform. Here are several unique features of kubitX which could be used by the user for their gain.

  1. Adoption

The tactics of the platform are, to widespread the services as far as they can, so that more and more people adopt the platform. This is because the kubitX is not just an ordinary token exchange platform, just like any other else. KubitX will be able to store your money, be it in the form of a token and the fiat currencies so that you can have it as a wallet for your digital money. This is an essential service to simplify the methods of the transaction, especially in the region where the service of the bank is utterly lacking. The platform can serve as the ATM that can store your money, and you can use it without even having to have the physical paper money, just like the debt in the ATM.

  1. Rapid transaction

The world of blockchain and cryptocurrencies relies on the speed of the platform, and so do this kubitX platform. The transaction cap that can be conducted in the other exchange platform will be around 1 or 2 million transactions per second, and it means that there will be the delay of the transaction since there is a massive amount of transaction occurred in the blockchain per second. The kubitX will be able to have up to 12million transaction per second, and that number will steadily rise as the tech have been improved.

  1. Ultimate protection

As you have so many tokens that could be used for the daily purchase, you don’t want to lose it. The wallet or the place where you will store the token will be protected by the most sophisticated and advanced tech so that you will have a very secure and protected form of a wallet, and no hacker or cracker can do anything to your wallet.  The wallet will also have the multi-steps verification process so that only the user could access and exchange the token itself.

  1. Practical

There is nothing more satisfying than having the most efficient token platform at your disposal, and that is what kubitX is. As we have mentioned above, Kubitz will strive to implement the most advanced banking system in the remotest area of the world, so that they can have the banking services which could be used for a various occasion such as paying remittances,  merchants, funds transfer, bill payment and so forth. Those services are very crucial for the people since it will ease their life, and make them very comfortable in doing some financial transaction. The platform will also come in the mobile app to monitor your token and do all sort of transaction and exchange, and make this platform very versatile and practical.

More details About KubitX:

For further information concerning the usage of the platform, you can check these web pages.

https://www.kubitx.io/

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

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


The ICO And The Allocation Of Funds

The platform does employ the token as it is the part of the cryptocurrency and the blockchain ecosystem. The token is just like any ordinary token, which is called the kubitX token and have the worth around 0.0001112 ETH per token. The token is mainly used within the ecosystem to do some transaction that is imperative. The first is to pay the fees of the token, which is required for all the users to do per transaction. The fees work just like the taxes that will automatically be added to the token worth per transaction, and therefore you can pay such fees by using any token you have. But when you use the kubitX token to pay such fees, therefore you will be able to reduce the value of the fee, and you will have a more significant amount of money in your transaction. The fee reduction using the token will be up to 20% per transaction.

The only way to get the token is to join the sale. There are three types of the sale, which are the seed or the private sale. This sale is already over, and the platform is now moving on to the second type of the sale which is the pre-sale. The pre-sale yields the bonus for up to 20% and will have the minimum purchase of 25 ETH. Currently, the platform is running the pre-sale, and the sale will end on 31st August 2018. And as for the third type of the sale, which is the main sale, it has not yet announced in their websites, but there is a good chance that the sale will occur just after the pre-sale, which is somewhere in September to November.

And as the caps, there is no cap for each since the platform employs the general caps for both sales. The soft cap will be around 10 thousand ETH and the hard cap will be 25 thousand ETH. The token supply will be around 500 million tokens, which half of them, or 250 million will be used In these sales, and like the rest of them will be appropriately distributed to several parties such as the founder team, the advisors, legal and reserves.

KubitX Roadmap:

For further information concerning the token sale, you can visit one of the web pages here.

https://www.kubitx.io/

https://t.me/kubitx_official

Posted by kurniawan05

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