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Ratings KuBitX

Cryptocurrency Exchange & Trading Platform

KuBitX is a revolutionary exchange project which is aimed at doing way more than most exchanges offer today. Already with significant bank partnerships to meet core needs in most emerging markets. The project was conceived and started in Q4 2017 with a team of all round professionals from Dell, Huawei Technologies, PricewaterhouseCoopers (PwC), Google, BP Oil, Amazon Web Services (AWS), MTN etc who have proven track records in their respective fields. The project is at 80% completion with an MVP trade engine that has capacity to do handle over 12 Million+ transactions per second with about 40 nanosecond latency. Our engine is also equipped with strong compliance architecture tools to check all non-complaint activities and thus make us the most preferred and secure exchange in the world.

3.8
23 22 expert ratings
Benchy 4.0
KYC
Experts
4.0
3.8
3.5
Review: coming soon PRO
Unknown
Token
KBX
Type
PreICO Price
1 KBX = 0.00011 ETH
Price
1 KBX = 0.00011 ETH
Bonus
Available
MVP/Prototype
Platform
Accepting
ETH
Minimum investment
0.25 ETH
Soft cap
10,000 ETH
Hard cap
25,000 ETH
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, China
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Jul 17, 2018
5
5
5
6%

"KuBitX is a centralized cryptocurrency exchange. Building the most advanced and robust Trade engines, one of the most secure, fastest and robust platform today."

How many transactions can you execute per second?

+4Agree
+1
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Victor Akoma-PhilipsICO team member replied on 17 Jul 2018
Hi Clemen Chiang

Thanks for your review and comment.

To answer your question, our trading engine will handle over 12 million transactions per second with about 40 nanosecond latency. That's about 7 times faster than the leading competition as of now. Imagine the possibilities!

Regards
Victor
for KuBitX
Juan Pablo Fernandez Aguero
Business Strategist and CEO
Rated on Aug 6, 2018
Modified on Aug 19, 2018
4
3
4
6%

Team ★★★★

The team is nice, good balanced and with a strong background. The advisors complete decently the core team.

Vision ★★★
I dont know how you can be different to the rest of exchanges. You are centralized, without special services and the ambassadors are not enough to success.

Product ★★★★
It seems that the development of the platform is on an advanced stage, good for improve the risk managment of the investors.

• It seems difficult to get a nice ROI with this ICO.

+4Agree
+2
-2Disagree
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Mofassair Hossain
CEO and Founder Perhalic, ICO and IEO Advisor, Investor, PR and Marketing Expert
Rated on Jul 15, 2018
Modified on Jul 15, 2018
4
3
3
5%

About team :
Don't find CEO and COO profile picture on LinkedIn Also and in the team CMO position is missing.
After all team is experienced as they worked with some reputed multinational companies.....
About vision :
Don't find any exceptional features in the exchange ..... There are tons of exchangers in the market ... so in competition market if your marketing level is low its hard to get exposure.
About MVP
I found a prototype. Will be waiting for beta

Agree
-3
-3Disagree
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Victor Akoma-PhilipsICO team member replied on 17 Jul 2018
Hi Mofassair

Thanks for taking the time to rate our project, we appreciate your feedback.

We are unable to tell why you cannot see the pictures of the CEO and COO on LinkedIn as they are available on their profiles. Perhaps you could try again on another device or browser?

About our vision; beyond the power of our engine and the expertise of our security and technology partners, we have taken a step further to educate and facilitate adoption in emerging markets (starting from Africa) through our unique Global Channel Ambassadors Initiative. These ambassadors are on ground in different locations around the world to provide education and technical support using the local languages. We believe that walking with these economic climes and helping them understand and embrace the power of the blockchain can bring about untold liberation, exposure and potential connection to the global financial markets.

Not only are we educating the people, we are working to make the adoption easier through our collaborations with financial service providers to make fiat-crypto conversion easy and almost seamless.

These are a few ways in which we differ from the typical exchanges out there.

Your point on CMO is appreciated; you will see some positive moves in that regard in the coming days as we approach our soft launch next month.

Regards

Victor
for KuBitX
Dmitry Pshenin
CBDO LATOKEN exchange| Cryptoinvestor | Advisor | Listing | Networker
Rated on Nov 2, 2018
4
3
3
5%

Unfortunately, the market has already not good. Now there are more than 200 crypto exchanges and are planned for another 1000 exchanges. I don't think it's a good time to invest in crypto-exchanges. The project has a good team, but the CEO does not have a photo in his Linkedin profile. While the project does not have MVP, I give a low rating.

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Miruna-Maura Barbulescu
Entrepreneur, Author, Journalist, Trainer, Influencer, Crypto Expert, Twitch Streamer and Marketing Specialist.
Rated on Oct 30, 2018
3
5
5
5%

The team is rather small and I would greatly recommend you to increase your team size in order to properly develop your project.
The vision is not quite original, but it is good.
And they have an MVP available! Good luck!

Agree
-1
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Ian Scarffe
Blockchain Consultant, Advisor, Consultant. European Commission - Horizon 2020
Rated on Feb 26, 2019
4
4
4
5%

Whilst there are a lot of cryptocurrency exchanges already available, if they can manage to achieve 12 million + transactions per second then of course the potential is massive. A fairly strong team leading it as well, it's going to be interesting to see this develop further.

Agree
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Shohel Alam
ICO,IEO Advisor| Blockchain Consultant | Growth Hacker | Listing On Exchanges | Marketing And PR Expert | Mentor
Rated on Aug 16, 2018
Modified on Aug 16, 2018
4
3
3
5%

Team is good and experienced and has strong background. It's looks Another exchange project and it's centralized. I don't find any exceptional features in the exchange. In this competition market it's really hard to get proper success without unique and exceptional features.

Product: It's just a prototype. Will be waiting for beta version.

Agree
-1
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Daryl Naidoo
Founder-Promethean Dynamics |Certified Blockchain Solutions Architect|Blockchain Advisory Council |Alliance of Blockchain Professionals |
Rated on Jan 31, 2019
5
4
4
5%

This is really an awesome project with loads of potential. I was fortunate enough to meet the team and some of the advisors at the Global Blockchain Congress last year and they are clearly passionate about what they are doing. I have also collaborated with some of the advisors and team members on other projects as well so I know how dedicated they can be.

Agree
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Paul Mears
ICO investor, cryto trader
Rated on Oct 13, 2018
Modified on Oct 13, 2018
5
5
4
5%

I spent two hours discussing this project with the team , why ? I am passionate about emerging markets and solving some of the issues that are holding them back especially in Africa
This is a team of blue chip trained professionals who have a network into the local customer and partner base which is critical in their target area.
Do they know what they are trying to do and problems to solve, hell yes , they have men on the coal face.
What is the opportunity ? Well they have several revenue streams and angles , any of which can make a very successful project and token.
I will be actively looking to partner with the team on two of my projects with africa base as I believe they will become an invaluable partner and success.
I'm a believer here and they tick the boxes for me as many western companies will not go near their user base due to fear and ignorance

Agree
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Paul Cliffe
ICO advisor|Crypto-asset and ICO investor| Libertarian|CEO of Block Venture Project
Rated on Jul 14, 2018
Modified on Jul 14, 2018
5
5
3
5%

Team - Well educated and experienced core team, good advisory team with relevant subject matter expertise.

Vision - admittedly, not a decentralised exchange in current form, but an exchange targeted primarily at the African market (a lot of tier 1 use cases for Crypto in reality, such as Zimbabwe in 2017) seems like a brilliant opportunity. The business development for the exchange will be very hands on, through use of ambassadors for education and interaction with potential users. The exchange mechanism seems sound, not dissimilar to anything on the market but with a better TPS rate and lower latency than available from major exchanges. The token is native to the exchange as per Binance.

The WP does a good job of showing how the funds will be used in the breakdown, with each stream of business development receiving a requisite amount to help the exchange and secondary/tertiary work streams evolve.

Targeting a continent where Crypto's use case as a free currency with no capital controls, geopolitical or inflationary issues is what really stands out to me here. If the transition from crypto back to fiat is relatively seamless, this exchange could be huge.

Product - I couldn't find the beta on the website, so cannot commit to anything higher than a 3 at this time, but should the team achieve their goals of a user friendly, high operating exchange with hassle free Crypto to fiat conversion, then I would happily remark this to 5.

All in all, potentially a game changing project for both the African continent and the crypto industry as a whole.

+5Agree
+4
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Victor Akoma-PhilipsICO team member replied on 17 Jul 2018
Dear Paul

Thanks so much for your review and encouraging comments. We appreciate it.

We will work to keep the public updated with our progress as we consolidate the partnerships and mechanisms in place to ensure success.

Our beta will be available early next month. We will appreciate your constructive feedback to help us make it the best thing out there.

Regards
Victor
for KuBitX
Suzat Fernandes
CFO & Co-Founder
Rated on Aug 18, 2018
4
4
4
5%

KuBitX has an edge over other exchanges as it already has partnerships with multiple renowned banks. The team is experienced from what I can tell, with good experience with multinational companies. The MVP is already released which is a plus. Though the company is trying to compete with the huge number of exchanges that are already in existence.

+1Agree
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-2Disagree
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Tinh Tran
ICO Advisor | ICO Communications Expert
Rated on Jul 16, 2018
4
4
4
4%

This industry needs a lot of professional and reliable exchanges so so-called game-changing platform must be something unique with unique features as well as remove all barriers that other existing platforms are facing such as fiat pairs, ...

What would you do to stand out of the crowds and how to attract more traders to use your new platform while other are doing it well now such as binance, bittrex....?

Security is also a key concern for loyal traders and even the biggest platform like Binance has also encountered recently. How to address this.

The MVP interface looks messy and it makes me feel another tradesatoshi to come. Happy to update my rating.

+2Agree
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Victor Akoma-PhilipsICO team member replied on 17 Jul 2018
Dear Tran Van Tinh

Thanks for taking the time to rate and review our product. We appreciate this.

To address your concerns; to stand out of the crowd, we are not only providing the fastest, most powerful and most compliant (future ready) exchange, we are also providing easy crypto-fiat conversion for new comers and old timers via our partnerships with financial services providers. In addition to this, our Global Channel Ambassadors are stationed across select countries in the world to help induct, educate and support new adopters when it comes to Blockchain and crypto related matters. We are about education and inclusion and we believe we can bridge that gap especially in emerging markets, while still catering for global market needs.

About the MVP, our beta will be ready early next month. We think you'll love it but are still open to your constructive reviews!

Thanks again.

Regards
Victor
for KuBitX
Kyon Yoshihara
Direct Marketing Manager,ICO produce
Rated on Nov 6, 2018
4
2
3
4%

Exchange platform ICO is filled worldwide.
This project seems to be preparing excellent members, safe roadmaps and differentiated points.
But I think it is weak as a reason for this exchange being chosen. Like other exchange ICO.

+10Agree
+10
Disagree
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Jan Schets
ICO advisor | CIO | Blockchain Consultant | Early Crypto Investor
Rated on Aug 24, 2018
3
4
2
4%

Another exchange, this one NOT following the global trend of decentralizing all exchanges.

Using ETH doesnt really make sense to me in this capacity. Ethereum suffers from congestion, has a high technical entry barrier, and is just not needed in this capacity. What will you do when another silly project like cryptokitties slows the entire ETH network to a halt? Would this mean no more transactions can happen on your exchange because your erc20 token cannot be used?

The concept of a global exchange is commendable and something that is needed in the current crypto landscape.

The concept of doing all fees in your own erc-20 token seems risky to me. What if the token value comes crashing down? How will you generate income then?

+1Agree
+1
Disagree
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Andrei Popescu
Co-Founder of COSS.IO & SCX Holdings and Seasoned Blockchain/FinTech Start-Ups Investor/Advisor
Rated on Nov 2, 2018
4
3
2
4%

This concept, clearly is not new and not very original.
I appreciate and like one thing in particularly, the Crypto Asset African market that you want a piece of.
I don't really believe you have the abilities, know-how and skill set to transform this important market;
A lot of focus should be directed towards self regulation; especially at this point - KYC, AML and CFT.
Another piece of advice: make sure you engage a solid security team that will insure all your wallets are working on the best security levels and processes.
Best of luck!

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-1
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Liliana-Delia Trocan
Journalist, PR, Business Woman and Crypto Enthusiast
Rated on Nov 2, 2018
3
5
5
4%

11 team members and 11 advisors. I highly recommend you to increase your team size. I can see that the project is still in its early stages so this might be the explanation.
Aside from this, the project looks promising. And they have an MVP.

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-1
-1Disagree
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Jayesh Trivedi
Crypto Exchanger
Rated on Aug 27, 2018
Modified on Aug 29, 2018
3
3
1
3%

I see lot of exchanges now a days!

The one thing I noticed is 12 Million+ transactions per second, how are you going to achieve that?

If you can provide satisfactory response, I will increase my ratings.

+2Agree
+2
Disagree
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Mohit Tater
Blockchain & ICO Advisor, Investor, Serial Entrepreneur
Rated on Jul 16, 2018
4
3
3
2%

Another exchange. I don't see how they can differentiate themselves in an already crowded market. Running an exchange is not easy business. All the best!

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Victor Akoma-PhilipsICO team member replied on 17 Jul 2018
Hi Mohit

Thanks for taking time to comment on our project.

We state in our White Paper how we're working to differentiate ourselves in an "already crowded market". We aim to walk with, educate and facilitate adoption of Blockchain (and crypto) in a largely untapped emerging market (Africa being the first focus). To achieve this, we have a Global Channel Ambassadors Initiative where our ambassadors all across the world connect with our current and potential customers to provide required education and technical support in their local languages.

We have partnered with financial service providers to make crypto-fiat conversion much easy for new comers and old timers.

Beyond these, on the technology front, our trading engine will be the fastest, most powerful, most compliant and most future ready exchange. We are a group of professionals who believe in doing things right. Our technology and security partners are the best in class at what they do. This synergy gives us the confidence that we can bring a huge positive difference to the industry.

We are happy to provide further responses to you if required.

regards

Victor
for KuBitX
Timothy Rainer
Entrepreneur, Blockchain Evangelist, CEO, Fintech Business Advisor
Rated on Sep 23, 2018
4
3
3
2%

After reviewing the entire project, I have come to the conclusion that this offers no benefit over existing exchanges.

The team is okay at best.

Binod is the only person who brings me any confidence in the entire project. His skills and knowledge are second to none but again, he is an outsourced employee and not core structure.

Vision lacks marketing.
Your building an exchange, you need significant ways to bring users to you.


Time of ico is not available. Maybe waiting for the right time to crowdfund?

If it improves somehow I will revise but at present based on facts and figures I cannot give any benefit for their exchange over others with lots of experience and more funds for discovery and scaling.

Agree
-1
-1Disagree
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Alessandro Sanino
CTO at The Tryvium Company
Rated on Mar 1, 2019
3
5
3
1%

The idea of an exchange is not new, there are plenty in the crypto space and some deliver poor results.

In the description they say they handle 12M+ tx per seconds:
What does that mean? how did you came to this numbers? Don't be afraid to be technical

Looking forward the answer to my question, project is interesting

Agree
-1
-1Disagree
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Robert Tjan
Cryptocurrency Enthusiast
Rated on Aug 25, 2018
Modified on Aug 26, 2018
3
2
3
1%

COO and CMO are well experienced, also added a Token expert is a good move.

The markets moving towards decentralized exchanges, atomic swaps, etc. Fees are half the price as Binance, however the power house exchanges have already been established IMO. Fiat withdraws are nice.

The tech behind this is great, however, the centralized exchange space is crowded and a thing of the past. It’s great you’re targeting emerging markets.

Colors align too much with Kucoin.

Ratings are not endorsements or financial advice of any kind. Always do your own research before investing, especially in ICOs.

+1Agree
+1
Disagree
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Ashton Wolfe
Listing Legend | PR | ICO Analyst
Rated on Nov 19, 2018
4
2
5
1%

The vision is weak as thousands of new exchanges are popping up with the same idea. I have hope in KuBitX if only they execute what they say. EG: top trading engines can only handle around 2 million tx's per second. If they can pull off 12 million+ tx's/second, this can be game changing and be leading exchanges in terms of the low-latency. Good luck team, I'll be keeping my eye out.

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-1
-1Disagree
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ICO analyzer bot
4.0
13%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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