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How KuBitX will Benefit You?

Features of KuBitX?

The KuBitX wallet and wallet security system is easy to use and will meet all your needs and questions.
Transaction fees are as low as 0.025% and can be paid with a KuBitX token, easily converted into electronic money and Fiat money.
The 24/7 customer support system is supported by a very capable team.
The user-friendly web interface is easy to use and will provide appropriate training even for beginners in terms of functionality and ecosystem framework.
A global network provides services in five different languages.
KuBitX will soon launch mobile apps that can be used on Android and iOS.
Highly scalable platform with emerging features developed to enhance the user experienceKuBitX Exchange was created not only as a trading machine but also as a machine for developing emerging financial education markets, including finance and acceptance of Blockchain by users.
KuBitX plans to reach out to emerging areas and educate users even if they do not access the Blockchain-based acceptance and provide multiple passwords for exchange options.

·       HIGH SCALABILITY

Our platform is highly scalable, ready to accept new features to improve our users trading experience.

·       BLOCKCHAIN

Our token is initially based on the Ethereum blockchain. We plan to launch our own chain in the near future which will then be very useful to many cases such as the most common social, utility, administration, and governance problems in developing countries.

·        LOW FEES

Our fees are the lowest around, it is even lower when you choose to use our native token the KBX for fees payment. Trading fee on KuBitX exchange is 0.05%, however, the users opting to use KuBitcoin(KBX) tokens as a method of payment of trading fee will get a discount of 25% compared to the original trading charges.
- Trading fee = 0.05%
- Trading fee using KBX token= 0.0375%

·        SECURE

We have made an extensive benchmarking with the current platforms, which allowed us to take few steps ahead, plus our security team comes from top organisations.

·        ECOSYSTEM

As strong believers in peer to peer payment ecosystems, we believe that traditional financial systems will eventually be replaced partly due to continuous broken trust, censorship and a growing enlightenment of the populace.

·        MINIMIZED RISK

Our multi-signature wallet and cold storage strategy will minimize the exposure of our trader’s funds. We have combined various strategies to secure the funds traded on our platform.



ROADMAP

Q4 2017
• Project Initiation
• Project feasibility study
• Benchmarking
Q1-Q2 2018
• Project Engagement
• Team Structuring
• Legal processes for incorporation in Malta
• Whitepaper creation first draft (Business)
• Angel/Seed Contribution Engagements
Q3 2018
• Project Execution
• Launch KuBitX Channels Ambassadors (Flagship countries)
• Prototype 
• Start Pre- Public Round of TGE
• Exchange Soft Launch
Q3-Q4 2018
• Project Execution (Contd.)
• Phase 1: Financial Services integration with KuBitX
• End Pre- Public Round
• Exchange Go-Live
• Public Round of TGE
• Global Promotions
Q1-Q4 2019/2020
• Project Add-ons
• KuBitChain 
• Phase 2: Financial Services integration with KuBitX
• Continuous Improvement (Operations, Product Enhancements and Community Feedback for Improvement)

WHAT MAKES US DIFFERENT?

KuBitX has been developed not just as a trade engine but an engine for growth and development of the emerging markets assisting in financial inclusion, financial education and Blockchain adoption by the people. We strongly believe that KuBitX has the potential to reach the emerging regions and educate the citizens with little or no access to Blockchain based services and adoption and offer multiple crypto to fiat exchange and paring.

EXCHANGE ARCHITECTURE

The KuBitX Exchange is designed to operate at low latency, high throughput, and maximum uptime. By incorporating geo-replication in its architecture, the exchange is built to be fault tolerant, ensuring that the platform delivers a seamless and uninterrupted trading experience to its users. Below is a high-level abstraction of the exchange architecture showing how the different systems within the exchange are connected logically.

ADVANCED APIS AND FINANCIAL INTEGRATION

KuBitX’s advanced APIs promise to give the users a hassle-free trading experience. It will allow them to get connected to FIX, Rest, Binary, WebSocket, and third-party custom APIs. This architectural design will also enable integration with banking, payment gateways, and settlement.

EFFICIENCY AND PERFORMANCE 

KuBitX’s market exchange trading platform is a proven fast, high-volume and low-latency exchange engine. This exchange platform will be hosted on high availability IT infrastructure, thus, enabling fault-tolerant architecture with guaranteed 99.995 percent uptime. In order to provide a fault-tolerant architecture, a standby instance setup has been planned with active data replication. This standby instance will start as an active instance, in case the primary exchange goes down due to any reason. Active geo-replication will provide database redundancy and a low-latency platform for the end-users. Geo-targeted load-balanced environment for the trading front-end has also been planned for deployment. A high-level exchange and infrastructure diagram below indicates the planned setup of the platform. KuBitX has come up with a Trade Engine which delivers a speed of 12 Million plus transactions per second with a latency of 40-50 ns.





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