KuBitX ICO (KBX Token): Quality Cryptocurrency Trading Exchange

Saturday, July 14, 2018

The digital gold fever is a factor that has led to the consolidation of crypto exchange platforms in the last few months. Exchanges are consolidating with the aim of making it easier for their investors to take advantage of leading cryptocurrencies. Ethereum and bitcoin aside, exchanges are also looking forward to taking advantage of the tokens offered through ICOs.

Trading and investing in cryptocurrencies has over the last few years proved that it can be a very profitable venture. Currently, there exist different kinds of crypto exchange platforms providing characteristics that are traditionally associated with the main global markets.

This has in return created access for cryptocurrency enthusiasts, decentralization, emerging markets, and blockchain technology to prosper. Kubitx is a crypto exchange platform that is currently located in Malta. Its vision is to create a secure, user-friendly, and highly efficient cryptocurrency trading platform.

Its main focus is to open the door for the inclusion and adoption of cryptocurrencies into emerging markets. This will make it easier for users to trade regardless of their location. Users in remote locations will, therefore, be able to trade with ease.

The KuBitX Concept

Kubitx’s aim is to provide a one-stop platform for all its users. The developers understand that many countries and citizens around the world have been left out of the blockchain revolution. They, therefore, hope that they can be able to connect all these dots to provide a top of the line solution based on best practice already in use by global organizations.

KuBitX Cryptocurrency Trading Exchange Features

  • Kubitx is led by a professional team that has worked in Fortune 500 companies, as well as some of the biggest consulting firms in the world
  • All trading fees are to be paid using its token
  • Its trading fees are expected to be up to eight times cheaper than those being used by other exchanges
  • You can convert Kubitx token into cryptocurrencies or fiat money
  • To provide a guarantee for all the client funds, 70% of the assets generated through this platform are to be stored in a cold storage wallet
  • Any new coin listing process being introduced is to be assessed via the platform in a period of less than one day.

What Is KuBitX?

Advanced Platform
This is one of the most robust and advanced crypto trading platforms currently in use around the globe. It has been designed in a simple and user-friendly manner to ensure that people from across the world can use it with ease. It aims to ensure that all citizens get to enjoy the power held by blockchain technology regardless of where they come from.

Secured Wallets
The Kubitx ecosystem comprises of a number of things. They include the highly advanced, and super-efficient admin dashboard, the Kubitx wallets, and its trade engines. The admin dashboard is primarily used for regulating the activities taking place in the platform.

For Buyers And Sellers
By targeting people from across the world, Kubitx hopes to become a diverse crypto marketplace that can be used by buyers and sellers from all parts of the world. All people will be included, even those currently residing in very remote locations.

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.

KuBitX KBX Token ICO Details

Parameters Of The ICO
  • Ticker: KBX
  • Token type: Ethereum (ERC20)
  • Decimal:18
  • Total Supply:500,000,000
  • Currencies accepted: ETH
  • 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).
NOTE: unsold tokens will be burned.


Crypto exchange platforms have become one of the main tools in the blockchain industry to trade Bitcoins, altcoins and tokens in an easy and simple way. A few of the current platforms are available only in some countries due to government regulations, which precludes many traders around the globe. Additionally, the growth capacity of the current exchanges has collapsed due to a large number of new users and some of these platforms have stopped their registration process because of the high volume of new users. Platforms such as KuBitX will be necessary to cover the high demand of users where the current platforms do not offer their services.

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Author: indopool
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