KuBitX is one of the most advanced and robust cryptocurrency trading platforms designed to embrace the idea of “Simplicity” and “Accessibility,” empowering and educating people from all walks of life to embrace the technological revolution of Blockchain and invest in cryptocurrencies. Contained within the KuBitX ecosystem are the KuBitX Trade engines, the secure KuBitX wallets and an advanced Admin dashboard for regulating the activities within the Trade Exchange. By targeting the untapped, high potential demographics for their inclusion in the cryptocurrency market, their goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers. They aim to achieve this by developing a robust trade engine, providing regular banking services through their Financial Service Providers and initiating an Ambassador program to spread awareness and adoption. The KuBitX team is composed of an extremely talented and experienced bunch of professionals with significant work experience from Fortune 500 companies and “Big Four” consultancy firms that have identified “Inclusion” and “Adoption” as the major pillars of growth for any cryptocurrency marketplace. As a result of many brainstorming and ideating sessions, the team was able to come up with unique ideas such as an in- built Financial Services feature in addition to making the coin listing process convenient in terms of time and cost.
WHAT MAKES THEY 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. They 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.
KUBITX AMBASSADORS – THE VALUE PROPOSITION…THEIR DIFFERENTIATOR
The Ambassador program is key to entering, understanding and capturing the local emerging markets. An innovative offering like KuBitX will not be understood and adopted without engaging with people locally in each region It will not be sufficient to run traditional adverts, social media or digital marketing techniques. In the target markets, education/awareness creation by regional people will form the basis for understanding the Blockchain technology, crypto-currencies and the offerings of KuBitX.
WHAT’S THE VALUE OF AMBASSADORS?
- Ambassadors will engage with people in multiple ways, e.g. via information events in cities & large towns. Furthermore, they will connect with local influencers and people involved in government and regulation.
- The Ambassadors will help us accelerate crossing the chasm in their respective regions, helping KuBitX to be adopted much faster, and thereby reducing the budget for advertising in these regions.
- The Ambassadors being in-country will help us gain a better understanding of how they can drive the adoption of KuBitX and the inherent values it will bring across the Socio-Economic sphere of each country in the emerging countries.
Their goal is to enable the seemingly ordinary or day to day people and businesses from small to large to use the features of KuBitX for exchanging money from fiat into crypto or to make cheaper international payments.
KuBitX VISION AND MISSION
The ideation process behind KuBitX was undertaken keeping in mind the broader vision to educate, enable and engage people from emerging markets in the cryptocurrency ecosystem. The technological development that has taken shape since the dawn of the Internet era has been top down, i.e., from the developed nations towards the developing nations. This has created a gap in the overall development process thus compelling people from the emerging markets following the trail of development rather than being active contributors in shaping the process. KuBitX aims to leverage the emerging technology to move forward in the vision and mission that they have.
The broader areas upon which the vision of KuBitX has a focus upon are:
Education about Blockchain technology enhancing adoption by masses – KuBitX has come up with a unique initiative called Global Channel Ambassadors to enter, understand and capture local emerging markets. They aim to tackle the socio-economic hindrances to adoption. The KuBitX Global Ambassador Initiative will reach the grassroots to drive local adoption.
Liquidity improvement – Liquidity is one of the most important pillars of any exchange that exists. Many exchanges today suffer from a liquidity crunch leaving users stranded with their currencies. To tackle this, they plan to involve market makers to build sustainable volume on the exchange, reducing cost of transactions and simplifying the complete process. To avoid wash trading, they have Anti Market Manipulation (AMM) tool on the platform. Market surveillance, supervision and compliance are being looked into very carefully. The admin can choose to freeze an account associated with suspicious trading.
Robust Security – Security is one of the most crucial pillars surrounding a cryptocurrency exchange. They at KuBitX do take the security of the whole platform very seriously. Hereby, they not only are developing their own exchange system secure but also plan to make users aware of various frauds and hacks going on in the market.
Their strategic partnerships with banks and payment providers are helping us to create a full-service financial institution with cryptocurrency integration.
This entity will provide all of the traditional banking services and more: