Re: [ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform
I see that 20% KuBitX tokens will be allocated for Investment Fund.Can you tell us more about it?
KuBitX is a Hybrid Crypto Exchange, meaning we will be having initiatives and investment that will bring the mainstream financial institutions wiling and ready to partner into our exchange ecosystem.
One of them is the purchase of a Bank which the investment fund will be used for.
As this investments grow, our investors thats invested in the KBX token will start seeing not just a good appreciation of the KBX token, BUT also a very low volatility on the KBX token which is very common in tokens thats void of some mainstream use cases.
I did not know you were planning to purchase a Bank, it looks like a huge project.
Why do you plan to buy a bank?And does that literally means to buy a bank?
Don't think that means buying a bank literally, probably a legal bank account to be able to deal with fiat to crypto and vice versa.
That is correct!
Yes, KuBitX will offer payment processing services to allow direct cryptocurrency to fiat conversion.This is great news
