Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.
That will be required for everyone, or only if you want to withdraw big amounts?
It has been said necessary to verify identity when making a withdrawal.
So no matter how big or small the funds are withdrawn, if it has been said
"MUST" then everything must be verified automatically.
All user data is encrypted using the AES-256 before being inserted into
the database.
KuBitX has designed a customized security architecture to ensure encryption
keys are stored very well.
Secure offline multi-signature cold wallets/vault system.
KubitX system is fully GDPR compliant so its all good
Yes, these people are adding very new features to the exchange which it is going to be very good competition to the present exchanges. I hope soon Kubitx will become very good exchange in the coming days because the team has very good experience towards exchange building and developments.