Kavorka
Newbie
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Activity: 182
Merit: 0
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August 09, 2018, 07:36:35 AM |
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Why did you choose ETH based blockchain instead of making your own?
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Memmoria
Jr. Member
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Activity: 238
Merit: 1
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August 09, 2018, 08:00:24 AM |
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What fiat currencies are you integrating in the exchange?And how low is your fees? What percentage are you charging for traders?
Seems that this exchange project is trustworthy,with a good team
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RussellHantz
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Activity: 66
Merit: 0
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August 09, 2018, 08:49:14 AM |
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Why did you choose ETH based blockchain instead of making your own?
I think that Ethereum blockchain is good enough for nay project,no need to waste time and money making your own. |
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Art Vandelay
Newbie
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Activity: 219
Merit: 0
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August 09, 2018, 09:25:05 AM |
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What percentage of funds have you allocated towards legal and licensing issues?
Think that 7.5% tokens is alloceted for legal issue. That is a healthy amount in my book. And how about marketing? 15% for the marketing. Its good to see that team understand the importnace of marketing in crypto! |
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PujuTravala
Newbie
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Activity: 53
Merit: 0
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August 09, 2018, 10:18:02 AM |
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What percentage of funds have you allocated towards legal and licensing issues?
Think that 7.5% tokens is alloceted for legal issue. That is a healthy amount in my book. Yes,legal part is extremely important when you are trying to run an exchange,so its a good thing that team is aware of that! |
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HulioIglesias
Newbie
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Activity: 193
Merit: 0
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August 09, 2018, 11:43:44 AM |
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Why did you choose ETH based blockchain instead of making your own?
I think that Ethereum blockchain is good enough for nay project,no need to waste time and money making your own. Exactly, it saves you a lot of time and you already know that it works fine  |
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UncleT
Newbie
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Activity: 266
Merit: 0
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August 09, 2018, 12:18:32 PM |
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Why did you choose ETH based blockchain instead of making your own?
I think that Ethereum blockchain is good enough for nay project,no need to waste time and money making your own. Exactly, it saves you a lot of time and you already know that it works fine And it has been proven over and over that it's stable and secure, and that's a big factor. |
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Blueoyster
Jr. Member
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Activity: 248
Merit: 1
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August 09, 2018, 01:16:18 PM |
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Why did you choose ETH based blockchain instead of making your own?
I think that Ethereum blockchain is good enough for nay project,no need to waste time and money making your own. Exactly, it saves you a lot of time and you already know that it works fine And it has been proven over and over that it's stable and secure, and that's a big factor. Also you have access to a huge pool of developers and huge community. |
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Inmytree
Newbie
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Activity: 224
Merit: 0
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August 09, 2018, 04:05:02 PM |
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What percentage of funds have you allocated towards legal and licensing issues?
Think that 7.5% tokens is alloceted for legal issue. That is a healthy amount in my book. And how about marketing? 15% for the marketing. Its good to see that team understand the importnace of marketing in crypto! It is a good sum, it could be even higher because as you said marketing has became more important that it was ever before. |
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AzrailBogov
Member
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Activity: 350
Merit: 10
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August 09, 2018, 04:34:22 PM |
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I think that KuBitX is one of the most advanced and reliable platforms to date for crypto currency trading, developed in a very user-friendly form that allows people from all regions to realize their ideas
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HakiMikkinen
Newbie
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Activity: 140
Merit: 0
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August 09, 2018, 05:34:18 PM |
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What would be the best wallet to store tokens?Do I have to buy one for Kubitx?
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Chrmel612
Full Member
Offline
Activity: 406
Merit: 102
Republia - New Blockchain Technology
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August 09, 2018, 06:35:09 PM |
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Why did you choose ETH based blockchain instead of making your own?
It's like asking, who do most of the projects used Ethereum block than making their own. The answer is simple. It is easy to create and develop your own coin using only Smart contract plus their will be less hassle when the coin hits exchange. As most of the exchange supports ERC20 token and can easily be listed there. Means less maintenance cost for exchange. |
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Jeremija
Newbie
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Activity: 252
Merit: 0
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August 09, 2018, 06:55:05 PM |
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What percentage of funds have you allocated towards legal and licensing issues?
Think that 7.5% tokens is alloceted for legal issue. That is a healthy amount in my book. And how about marketing? 15% for the marketing. Its good to see that team understand the importnace of marketing in crypto! It is a good sum, it could be even higher because as you said marketing has became more important that it was ever before. I agree, marketing has become a very important factor for each project, it is clear that teams devote more time and money to this. |
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DOBARLOSZAO
Newbie
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Activity: 266
Merit: 0
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August 09, 2018, 07:15:49 PM |
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What percentage of funds have you allocated towards legal and licensing issues?
Think that 7.5% tokens is alloceted for legal issue. That is a healthy amount in my book. Yes,legal part is extremely important when you are trying to run an exchange,so its a good thing that team is aware of that! They shouldn't allow any mistake or omission so it is important to hire a quality law firm. |
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GREATKINGRAT
Newbie
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Activity: 230
Merit: 0
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August 09, 2018, 07:53:50 PM |
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What percentage of funds have you allocated towards legal and licensing issues?
Think that 7.5% tokens is alloceted for legal issue. That is a healthy amount in my book. Yes,legal part is extremely important when you are trying to run an exchange,so its a good thing that team is aware of that! They shouldn't allow any mistake or omission so it is important to hire a quality law firm. Have you already signed a contract with some a law firm? |
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Bacara
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Activity: 266
Merit: 0
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August 10, 2018, 05:02:09 AM |
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I see that you are focusing on emerging markets, why do you choose that?
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btcmegastar
Member
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Activity: 700
Merit: 12
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August 10, 2018, 05:33:04 AM |
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If I understood everything correctly by reading the whitepaper, they chose emerging markets (i.e. Africa) because there are a lot of people without bank accounts so this is actually a solid "entry point" for the market penetration.  Even i hear about it, from Africa there are many people don't have bank accounts but how far Kubitx will help them because kubitx an exchange platform where then convert the cryptocurrency into their local currency is that possible? |
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Gwiazdooka
Member
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Activity: 392
Merit: 12
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August 10, 2018, 05:51:27 AM |
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After the huge fluctuations this year, the main cause is related to the problem of hackers on the trading floor. That is an alarming thing right now. And this may be a good opportunity for Kubitx to bring security benefits and performance to the market.
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PujuTravala
Newbie
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Activity: 53
Merit: 0
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August 10, 2018, 06:12:44 AM |
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go live is still planned for Q3-Q4 2018?
Im sure team will follow the roadmap,i think thhats very important,so community knows team is able to deliver promised |
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crownjewel
Newbie
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Activity: 186
Merit: 0
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August 10, 2018, 09:38:49 AM |
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go live is still planned for Q3-Q4 2018?
Im sure team will follow the roadmap,i think thhats very important,so community knows team is able to deliver promised If they do change something they will let us know via Telegram I'm sure! |
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