![cover.jpg](https://cdn.steemitimages.com/DQmQe8uV8i2kr3JsAS8KB3sDcr8S7eEKjuhAxgyPhe9RzcC/cover.jpg)

Hello! Today we will talk about a new project called KuBitX. This is a platform that wants to unite people around the world in one project. Thanks to this platform, people who previously did not know anything about cryptocurrency will be able to begin to understand it.

Further on the website on the right you will find a video that will help you understand the project in more detail. What is the project itself? Many people during the revolution, cryptocurrency was left aside, they do not know anything about such things as bitcoin or blockchain technology. The main task of the KUBITKS project is to help them figure it out, to explain to them how to use it all correctly, so that no unnecessary problems arise.

Further on the site there are two technical documents that you can easily download in Chinese and English. Below are the ratings and the press, where there is a mention of the platform.

![1.jpg](https://cdn.steemitimages.com/DQmamvjXedfEF3ETfh7pjGik1AH3tdzsWhFydGRZkFSdp23/1.jpg)

KuBitX is a startup with African roots, registered in Valletta, Malta. It was founded by Eric Annan, a certified expert on blockchain, a lawyer in the field of cryptocurrency and the creator of the platform for trading Koinas Digitalkudi.com (Nigeria and Ghana). At some point, Annan decided - there is nothing to be limited to a couple of countries, you need to seize Africa entirely.

The chief accountant of KuBitX is Julian Mwangi. In her specialty, she worked for more than eight years in Nairobi (Kenya) with USAID, Procter & Gamble and smaller firms. By the way, Annan worked as a leading technical manager at Huawei. In general, the KuBitX team is made up of professionals with an impressive portfolio (Amazon, Dell, Google ...).

https://www.youtube.com/watch?v=McOZVENoZFA

The goal of a startup is to actually run a global cryptobirth, without reservation.

# How it works?

Many countries were left out of the blockchain revolution. Among them are the states of Africa. Why? Well, dry statistics: in 2014, 66% of the population of sub-Saharan had no bank accounts. Affected political instability, lack of financial literacy, low incomes.

The situation is improving with turtle steps, but the situation in Africa and in the world remains depressing - by August 2017, 2 billion people did not use banking services.

### The current kriptobirzh authors KuBitX immediately see a number of problems:

Bad technical support
Insufficiently fast transactions
Manipulation of courses by the "whales"
Vulnerability to hacker attacks.

In general, the ecosystem of exchanges, which one may seem, seems ill-conceived. Their infrastructure is rapidly becoming obsolete, which is why even market leaders like Bittrex and Binance have to stop registering - it seems that they are not ready for a constant increase in traffic.

![4.jpg](https://cdn.steemitimages.com/DQmfKJkn3hRL31cdu25vBnT7Qa2DFXLeSHJf74Gpb4DiQG6/4.jpg) ### KuBitX offers something better. Here is what is required of you:

Register on the platform (web and mobile applications for Android / iOS)
Enter the necessary personal data (personal account is available in 9 languages, including Russian)
And then trade, exchange “crypto” for “crypto” or “fiat”, if necessary, make deposits in traditional currencies and withdraw funds in them (here KuBitX relies on the help of regional partners).

### Advantages of KuBitX:

Transaction processing speed - 14 million / s (among competitors, on average - 1.4 million / s). KuBitX bypasses by far the most familiar Binance, Bittrex and Bitfinex
Technical support online 24/7 - in the languages of all countries where KuBitX is present (the company seriously intends to tear down the language barrier)
Transaction fee - 0.05%. When paying a commission in KBX - 0.0375%. KBX is an internal token exchange on the ERC-20. KuBitX will switch to its own blockchain in 2019 or 2020
Top protection with an eye on the mistakes of competitors
Stable operation of the platform - no failures due to excessive traffic
Readiness for scaling - start-ups will constantly run in new functions
Part of the business is seminars and master classes that increase citizens' literacy in crypt issues.

![2.jpg](https://cdn.steemitimages.com/DQme8aiGNLQWyKzBDwA2pkKU4PauTPie1gb7C694pDxZAsR/2.jpg)

Emerging markets need more blockchain awareness. In Africa, only 4% of the population is currently familiar with digital money.

# Why invest in KuBitX?

KuBitX will be multilingual, convenient, in every sense of the advanced cryptocurrency exchange. For three years, a startup wants to attract 10 million customers and gain a foothold in South Africa, Kenya, Zimbabwe, Ghana, Nigeria, Uganda and Angola.

24-hour online support and local representatives in all countries should play into the hands of KuBitX. Then the expansion will begin in the direction of Asia and Australia - there the exchange already has a reliable partner, LocalAU.

Now the capitalization of cryptocurrency amounts to a little more than $ 200 billion. Its further growth should provoke undeveloped markets, such as developing countries. So KuBitX is very far-sighted in expanding business in Africa.

# Token and ICO Details

Token Name: Kubitcoin (KBX)
Token Type: ERC-20
Total Supply: 500,000,000
Price: 1 KBX = $0.056
Currencies Accepted: ETH
Cap: $12.5m
Pre-Public Round Bonus: 20%
Public Round Bonus: 10%
Unsold Tokens: All Burned

![token-allocation.png](https://cdn.steemitimages.com/DQmWkytMGKPM8KpewAqRhXFW8ZVWPyhVLUV2yLcQKAgsmgJ/token-allocation.png)

One of the key elements that this project is pursuing for me is that 23% of the tokens that will reward the founders will be blocked for a long time. This ensures that the tokens will not be dropped onto the market, as we see that this happens with other projects.

You can get the KBX token during Private or Crowd rounds, stay tuned to our website and social networks. The KBX token is an ERC-20 compatible token, so it can be stored either on our platform or in any other purse compatible with ERC-20, where you have control over the private keys. The KBX token will be used primarily for the payment of trading fees on the KuBitX platform, and the further use cases indicated in our document will be implemented gradually.

# Conclusion

I would also like to say a few words about the team. I think that each of you understood that each member of the brigade has the highest level of knowledge and is very well versed in the field of cryptocurrency. The project team consists of qualified specialists with experience in such areas as blockchain technology, software development and marketing. Each of them has made a huge contribution to the development of the project. Together they constitute the whole mechanism of production.

Now we will summarize the project KuBitX. The company made the first stage of the sale of tokens very successful. It's hard not to notice. Due to its security and transparency, the project has a very big chance of success. These are not just some ideas and plans in the head of the developers, this is already a real project that moves forward with confident steps. Already many people around the world have joined them. The team tried to make this platform high-quality, affordable and affordable for you. I recommend you all to turn your attention to the project KuBitX. Thank you all for your attention and good mood! More information on the links below.

### More information on all the information can be found on the project website and in Whitepaper: Official Website: https://www.kubitx.io/ Whitepaper (English): https://kubitx.io/wp.pdf Whitepaper (Chinese): https://kubitx.io/wp_chinese.pdf ### Also all news about the project can be learned from the social sites of the project: Telegram : https://t.me/kubitx_official Facebook : https://www.facebook.com/kubitx/ Twitter : https://twitter.com/kubitx Medium : https://medium.com/@kubitx Linkedin : https://linkedin.com/company/kubitx-exchange/ ANN : https://bitcointalk.org/index.php?topic=4628365

### My Account
Bitcointalk username: iqbalitsmy99
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2336205