KuBitx reward ICO

Крипто Босс
7 min readAug 31, 2018

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My video reward

Hello, dear readers. I’m almost certain that the majority of people reading this post already know how to work with the crypto currency and use exchanges and exchangers, this is the specificity of this resource — there are mostly people who are versed in the topic. And now try to remember those times when you were newbies and took your first steps into the world of crypt. How scary you were, how meaningless and incomprehensible all these long passwords, graphics, candles, columns with some figures seemed to be …
Many people, after watching the TV, reading the media, they know that there are some bitcoins, that this is some kind of digital currency in which you can invest your savings and on which you can even earn money. People came to the stock exchanges, tried to register, did something and immediately left, because all this was too difficult for them. And in some ways they were right, because the existing tools for working with crypto-currencies have a number of problems:

Problems:

A complex interface, in which without having at least initial skills, is almost impossible to understand. The man went to the stock exchange, wandered around it for half an hour or so, and without realizing what to do to buy or sell those or other coins, he closed the window in order not to open it again.
Protection and security. It is enough to open any news resource of the crypto-currency topic to understand that there is not everything so smooth. Daily there are fresh news about hacking of some exchanges, purses, phishing attacks, theft of large-scale crypto currency, etc., that is, the loss of funds from the hands of intruders is a likely scenario. It seems as though to protect against malicious actions, most exchanges require users to verify their documents by providing passport scans, but not every user will want to give such information about themselves, few people who are there on the exchange, suddenly they work in collusion with some MFIs , they will collect credits for your documents, then they will sell them to collectors and you will have problems.
Purchase / sale of crypto currency for ordinary money. From the very first day of its existence, it was a problem. When buying crypt for real money, as a rule, most existing exchangers take absolutely inadequate commission. And if you buy / sell you need a large amount — then it generally becomes some kind of almost impossible quest.

Decision:

There was a young team of enthusiasts who, knowing full well about all the aforementioned shortcomings of the existing crypto currency market, offered an elegant comprehensive solution to these problems. Thus, the idea for the creation of the KuBitx project was born.

KuBitX is a new generation exchange for operations with crypto-currencies (buying, selling, exchanging, trading)

The main feature of this project is the ease of use, accessibility and consequently the popularization of the use of crypto currency among people who so far have little idea about this market. At the same time, special attention is paid to the security of money and personal data of users from hacker attacks and other malicious acts.

The essence of this project is that any person, even if he first hears of such concepts as “Blockchein” or “Crypto-currency,” had the opportunity to register without problems at the exchange and went there immediately to understand what is there for what and what to do. The project ecosystem also includes partnerships with banks and other financial institutions in order to provide users with the opportunity to quickly and easily acquire and sell crypt for real money from a bank card in virtually one click.

In a cut, the KubitX exchange includes three working tools:

The trading engine, which provides round-the-clock uninterrupted execution of operations of purchase and sale
Secure User Wallet for Asset Retention
Personal account with a panel for managing financial assetsAdvantages of using KubitX:

Practically unlimited scalability. The exchange is ready to register any number of users, flood any number of new crypto-currencies, and this is all without losses in performance.
Ease of use. Intuitive interface and user panel.
High level of protection and security. Developers deeply analyzed existing exchanges and platforms for working with crypto-currencies and, when designing their project, protected it from all the potential vulnerabilities found.
Use of blocking technology, which will ensure the integrity and transparency of all operations. Initially, the project’s own crypto currency, KBX, will be placed on the Ethereum block, but in the future it is planned to create its own blockade and transfer coins to it.
Decentralization. On a decentralized project, everyone is equal to each other and no one can invent their own orders and dictate them to others regardless of how much money they have.
Gentle commissions. On the KubitX exchange, they will be purely symbolic. The standard commission for the purchase / sale of assets will not exceed 0.05%, and in the event that the commission is paid by the own currency exchange crypto (KBX token) — the commission will be reduced to 0.0375%
Most of the financial assets of users will be stored on cold wallets, which will protect them from theft even in case of hypothetical hacking.
High performance. The bandwidth of the platform gives it the ability to process 12 million operations per second without delays! I do not exaggerate, today none of the existing stock exchanges can boast of such indicators.
Support for many languages.

What is special about the KuBitX platform?
KuBitX is an advanced trading platform for crypto currency. The emphasis in the concept is made on simplicity and accessibility, and the work is built in such a way that everyone can use it without problems. The team of organizers wants to make a technological revolution, ambitious guys, is not it? The KuBitX system consists of exclusive process control mechanisms, wallets, as well as a specialized section that allows administrators to regulate the processes that occur. KuBitX are newcomers on the world stage, they took into account all the shortcomings of their predecessors and daily improve their product. Thanks to the use of the Golang language, the guys were able to achieve brilliant transaction speeds — an average of over 13 million operations per second. For comparison: the other exchanges have a speed of 1.2 million transactions per second.

The KuBitX team wants to win the trust of a potential consumer to the topic of crypto-currency and ensure the operation of a sustainable service for the further development of the market. They are in pursuit of a high goal, and not for profit, so the amount of commissions and personal benefits are recycled. The size of the collected commissions is minimal, which, undoubtedly, will be interesting for avid players of the crypto market, and an intuitive interface will help beginners to join the process. For the convenience of using personal wallets, applications have been created on Android and IOS mobiles, and in order to scale the territory of use, KuBitX has been translated into 5 languages. Clients stand for the project in the first place, so for them in the near future will work around the clock technical support based on the Global Channel Team.

Information about tokens and other details of the project
Organizers are going to invest most of the budget, improving it and fully adapting to the needs of the customers of the service. The company plans to issue its own KBX currency, which will comply with the ERC-20 standard. Since the platform will offer its customers uninterrupted service and high level of service, the stable growth of the internal token is guaranteed.

Token: KBX
Platform: Ethereum
Standard: ERC-20
Price: 1 KBX = 0.0001122 ETH
Payment: ETH
Minimum investment: 10 ETH
Hardcap: 14,000,000 USD
Presale: from July 16 to August 31, 2018, the dates of the public round will be announced later.

Crypto currency is regularly exposed to hacker attacks, which use security gaps in existing exchanges. Many sites have already managed to become victims of cyber attacks, which subsequently led to significant losses amounting to about a billion dollars, according to preliminary estimates. Therefore, for KuBitX security issues are of paramount importance. To protect users, there are various mechanisms thought out to the smallest detail: from DDoS prevention and extended SSL authentication to three-factor authentication. Therefore, keeping their assets on the platform customers can not be afraid of theft or loss.

Such work could be done only by an extremely talented team! КuBitX includes true geniuses that gush ideas and have experience working in companies from the Fortune 500 list. All participants motivate and perfectly complement each other. It was such a cohesive team that the guys decided to develop the crypto-currency market and bring it to new horizons.

Road map
Q4 2017
Project Initiative
Theo Project
Benchmarking
Q1-Q2 2018
Participation in the Project
Structuring the Team
The Legal Registration Process In Malta
Creating a Document (First Project: Business)
Entry of the Angel / Seed Investor
Q3 2018
Project implementation
Launching Kubitx Channel Ambassadors (Flagship Countries)
Prototype
Start of the Preliminary Public Round Tge
Starting Exchange Soft (Beta)
Q3-Q4 2018
Project Implementation (Continuation)
Step 1: Integration of Financial Services With Kubitx
End of the Preliminary Public Tour
Exchange Go-Live
Public Round Tge
Global Promotions
Q1-Q4 2019–2020
Project Additions
Kubitchain — Kubitx Exchange Now On Blockbain Kubitx
Redesign of the Platform
Continuous Improvement

Information about the project:
Website: https://kubitx.io/
Whitepaper: https://kubitx.io/wp.pdf
Facebook: https://www.facebook.com/kubitx/
Twitter: https://twitter.com/kubitx
Telegram: https://t.me/kubitx_official
Linkedin: https://www.linkedin.com/company/kubitx-exchange/
Bitcointalk: https://bitcointalk.org/index.php?topic=4628365

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My Bitcointalk username: BogdanGolova
My profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2132350
My ERC-20 ETH : 0xbDa885f32D13413dc31d5B8A781092e8EBE25002
My Telegram : @BogdanPolyansky (https://t.me/BogdanPolyansky)
My mail : dzyurko@mail.ua
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