[ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform

[HakiMikkinen]

Are there stop limit options available on KubitX?

[1575894260]

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[1575894260]

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[MadeinCoin]

How you plan to attract new people into this exchanhe,do you already have some big partnerships set in order?

One of the partner KUBITX is NEM. its is big right?  

Why NEM? What was the reasoning behind partnering with NEM?

Their admin said, NEM is one of the partners who share the same vision as KuBitX in regards to education that’s one of the reasons for being the very first.

[DtpNumbered]

How you plan to attract new people into this exchanhe,do you already have some big partnerships set in order?

One of the partner KUBITX is NEM. its is big right?  

Why NEM? What was the reasoning behind partnering with NEM?

Their admin said, NEM is one of the partners who share the same vision as KuBitX in regards to education that’s one of the reasons for being the very first.

Can you elaborate a bit on that part about education?What does it entail?

[MaZeeCM]

How you plan to attract new people into this exchanhe,do you already have some big partnerships set in order?

One of the partner KUBITX is NEM. its is big right? 

Why NEM? What was the reasoning behind partnering with NEM?

NEM is one of the partners who share the same vision as KuBitX in regards to education that’s one of the reasons for being the very first

[ambiental]

Well it would be great if someone could share it since not everyone is using telegram.

It's not so difficult to use the telegram channel, but it opens many opportunities for many: quick answers to questions, participation in the company of generosity, always fresh news and support.

I am aware of that but I do not use Telegram for some personal (for someone even stupid) reasons. That is why I think it would be good to share stuff like this one on other medium as well (such as official website for example). I think it might not be bad to have something similar to blog/community section on the official web where some additional news might be posted to keep everyone update one the social aspect. Just my 2 cents...

[ArceriBau]

Did you have enough people to do the project? In my opinion, you should recruit more members to complete the project.

And why do you think so...?

[SheepovoDragon]

How many tokens/coins you plan to list at the beginning?

That info will be out just before exchange live so now we have time until 10th September

I didn't know that it is going happen so soon

Yeah, we are almost there, this last month flew by so fast...

I only started following this project relatively recenty  but it’s so cool that it’s going public so soon, not much waiting.

[Memmoria]

we know that the last few months some of the exchange has been attacked by hackers resulting in a loss of millions of dollars, there are some questions I will ask, firstly, is KubitX centralized or decentralized exchange platform? second, what kind of detail strategy does KubitX plan to provide more security to the user's assets?

[MaZeeCM]

we know that the last few months some of the exchange has been attacked by hackers resulting in a loss of millions of dollars, there are some questions I will ask, firstly, is KubitX centralized or decentralized exchange platform? second, what kind of detail strategy does KubitX plan to provide more security to the user's assets?

KuBitX has identified and reviewed the industry best practices in terms of security measures and designed our platform to include top level security features to safeguard both the client’s funds and trading operations from hostile penetration attempts.
Some of the key security features include:
- Multi-Factor authentication
- All user data at rest are encrypted using the very strong encryption algorithm
- Secure cold storage with cold wallet management Cryptocurrency Security Standard (CCSS)
- KuBitX has developed a third-party code verification
- GDPR compliant.
- OWASP Top 10 Compliant & More.
- Anti DDoS Protection
- Web Application Firewall
- Robust user’s account security
- Defense in Depth Security for the platform
etc.
And other KuBitX customized security measures

Please check this write up showing how important security is for an exchange

KUBITX CARES ABOUT YOUR SECURITY!
Check the medium post
https://medium.com/@kubitx/kubitx-cares-about-your-security-5272078c694d

[nothingman19]

we know that the last few months some of the exchange has been attacked by hackers resulting in a loss of millions of dollars, there are some questions I will ask, firstly, is KubitX centralized or decentralized exchange platform? second, what kind of detail strategy does KubitX plan to provide more security to the user's assets?

Regarding your question is KuBitX is centralized or decentralized: it is distributed and decentralized, isn’t it? The whole Ethereum is based on these facts? 

[CIESAJ]

Did you have enough people to do the project? In my opinion, you should recruit more members to complete the project.

And why do you think so...?

Yeah, what would make one think that?
According to the news from the team, everything seems to be going just as planned and scheduled. :/

[diimazavr]

Did you have enough people to do the project? In my opinion, you should recruit more members to complete the project.

And why do you think so...?

Yeah, what would make one think that?
According to the news from the team, everything seems to be going just as planned and scheduled. :/

That's exactly what it is. Do not panic. Everything goes according to plan.

[MaZeeCM]

Did you have enough people to do the project? In my opinion, you should recruit more members to complete the project.

And why do you think so...?

Yeah, what would make one think that?
According to the news from the team, everything seems to be going just as planned and scheduled. :/

That's exactly what it is. Do not panic. Everything goes according to plan.

Everything is going as per our initial plan & roadmap. Keep an eye out for us on the 10th of september. We have some something good in store for our followers

[gembira]

I see that pre-public round of token sale ongoing now. What discount now in compare with ICO and when ICO starts? Price plegged to ETH or USD?

Currently 20% bonus and we accept ETH but for USD you have to contact us by telegram or email

I mean that ETH price is changing, so price is fixed in ETH or USD for token sale? And when start and end of token sale?

[MaZeeCM]

I see that pre-public round of token sale ongoing now. What discount now in compare with ICO and when ICO starts? Price plegged to ETH or USD?

Currently 20% bonus and we accept ETH but for USD you have to contact us by telegram or email

I mean that ETH price is changing, so price is fixed in ETH or USD for token sale? And when start and end of token sale?

The TGE will be in different rounds as follows;

Seed Round: Ongoing, ended 16th July, 2018

Private Round: July 16th – August 31st, 2018

Public Round: TBA



The price of KBX token is as follows;

1 ETH = 8,909.09 KuBitcoin(KBX)
1KBX = 0.0001122ETH

Bonuses for various rounds are;
Private Round Bonus: 20%
Public Round Bonus: 10%

[10CMember]

Did you have enough people to do the project? In my opinion, you should recruit more members to complete the project.

And why do you think so...?

Yeah, what would make one think that?
According to the news from the team, everything seems to be going just as planned and scheduled. :/

That's exactly what it is. Do not panic. Everything goes according to plan.

Everything is going as per our initial plan & roadmap. Keep an eye out for us on the 10th of september. We have some something good in store for our followers

We're glad to hear this

[Slavko1122]

we know that the last few months some of the exchange has been attacked by hackers resulting in a loss of millions of dollars, there are some questions I will ask, firstly, is KubitX centralized or decentralized exchange platform? second, what kind of detail strategy does KubitX plan to provide more security to the user's assets?

KuBitX has identified and reviewed the industry best practices in terms of security measures and designed our platform to include top level security features to safeguard both the client’s funds and trading operations from hostile penetration attempts.
Some of the key security features include:
- Multi-Factor authentication
- All user data at rest are encrypted using the very strong encryption algorithm
- Secure cold storage with cold wallet management Cryptocurrency Security Standard (CCSS)
- KuBitX has developed a third-party code verification
- GDPR compliant.
- OWASP Top 10 Compliant & More.
- Anti DDoS Protection
- Web Application Firewall
- Robust user’s account security
- Defense in Depth Security for the platform
etc.
And other KuBitX customized security measures

Please check this write up showing how important security is for an exchange

KUBITX CARES ABOUT YOUR SECURITY!
Check the medium post
https://medium.com/@kubitx/kubitx-cares-about-your-security-5272078c694d

Nice to see that big focus is set on security! (y)

[Blongen]

Did you have enough people to do the project? In my opinion, you should recruit more members to complete the project.

And why do you think so...?

Yeah, what would make one think that?
According to the news from the team, everything seems to be going just as planned and scheduled. :/

That's exactly what it is. Do not panic. Everything goes according to plan.

Everything is going as per our initial plan & roadmap. Keep an eye out for us on the 10th of september. We have some something good in store for our followers

We're glad to hear this

Exciting work being done behind 🤩💪

[Gwiazdooka]

How do you plan to prevent investors from dumping the token after listing on exchanges?Will there be some vesting period?

[Dr. Van Nostrand]

I see that pre-public round of token sale ongoing now. What discount now in compare with ICO and when ICO starts? Price plegged to ETH or USD?

Currently 20% bonus and we accept ETH but for USD you have to contact us by telegram or email

I mean that ETH price is changing, so price is fixed in ETH or USD for token sale? And when start and end of token sale?

The TGE will be in different rounds as follows;

Seed Round: Ongoing, ended 16th July, 2018

Private Round: July 16th – August 31st, 2018

Public Round: TBA



The price of KBX token is as follows;

1 ETH = 8,909.09 KuBitcoin(KBX)
1KBX = 0.0001122ETH

Bonuses for various rounds are;
Private Round Bonus: 20%
Public Round Bonus: 10%

Can you tell us how much raised during seed phase?