Topic: [ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform - page 30. (Read 35365 times)
August 28, 2018, 11:04:17 AM
Can you tell us more about token distribution plan?I mean how much for sale,team,marketing advisors etc,and when you plan to distribute the tokens?
August 28, 2018, 10:50:33 AM
Who do you consider to be your main competition?
August 28, 2018, 02:29:00 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
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.
August 28, 2018, 02:04:43 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
They said that identity verification was needed to trade and make withdrawals on the exchange. Then what's the problem?
Problems with large or small withdrawal values. They said it was necessary to verify identity, which meant that everyone who wanted to trade and make withdrawals on the exchange had to verify their identity.
I have to help to straighten out. Quoting from the 2 posts above;
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.Licimur asked "require us to verify our identity?" And MaZeeCM (team member) said "Yes, it will be needed."
Nothing is said for large or small withdrawals, which means all must verify no matter how large or small the value is.
August 28, 2018, 01:51:25 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
They said that identity verification was needed to trade and make withdrawals on the exchange. Then what's the problem?
Problems with large or small withdrawal values. They said it was necessary to verify identity, which meant that everyone who wanted to trade and make withdrawals on the exchange had to verify their identity.
August 28, 2018, 01:21:36 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
So there won't be a way to trade anonymously on KubitX at all? I think you should be a bit more flexible.
Yeah, I wouldn't mind if people who trade with small amounts could remain anonymous.
Why have to split, I think it is fair that the same rules apply to everyone.
August 28, 2018, 12:16:34 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
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
GDPR only applies to the European union right?
Correct
You can read here something about this issue.
https://blockexplorer.com/news/gdpr-blockchain-and-changes-to-cryptocurrency-services/
August 27, 2018, 05:54:17 PM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
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
GDPR only applies to the European union right?
Correct
August 27, 2018, 04:27:27 PM
we know that the last few months some of the exchange has been attacked by hackers resulting in a loss of millions of dollars, there are some questions I will ask, firstly, is KubitX centralized or decentralized exchange platform? second, what kind of detail strategy does KubitX plan to provide more security to the user's assets?
KuBitX has identified and reviewed the industry best practices in terms of security measures and designed our platform to include top level security features to safeguard both the client’s funds and trading operations from hostile penetration attempts.
Some of the key security features include:
- Multi-Factor authentication
- All user data at rest are encrypted using the very strong encryption algorithm
- Secure cold storage with cold wallet management Cryptocurrency Security Standard (CCSS)
- KuBitX has developed a third-party code verification
- GDPR compliant.
- OWASP Top 10 Compliant & More.
- Anti DDoS Protection
- Web Application Firewall
- Robust user’s account security
- Defense in Depth Security for the platform
etc.
And other KuBitX customized security measures
Please check this write up showing how important security is for an exchange
KUBITX CARES ABOUT YOUR SECURITY!
Check the medium post
https://medium.com/@kubitx/kubitx-cares-about-your-security-5272078c694d
I must say that this looks quite impressive.
Kubitx has more features then most of similar projects!
August 27, 2018, 04:03:40 PM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
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
GDPR only applies to the European union right?
August 27, 2018, 12:12:26 PM
What is the amount of tokens prepared for the bounty pool?
You can find it on bounty thread to:
https://bitcointalksearch.org/topic/bounty-kbx-kubitx-first-truly-global-exchange-5m-tokens-4632164
August 27, 2018, 12:05:12 PM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
So there won't be a way to trade anonymously on KubitX at all? I think you should be a bit more flexible.
Yeah, I wouldn't mind if people who trade with small amounts could remain anonymous.
Why have to split, I think it is fair that the same rules apply to everyone.
August 27, 2018, 12:01:17 PM
What is the amount of tokens prepared for the bounty pool?
The token distribution can be seen in our whitepaper
August 27, 2018, 11:56:48 AM
What is the amount of tokens prepared for the bounty pool?
August 27, 2018, 11:30:01 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
So there won't be a way to trade anonymously on KubitX at all? I think you should be a bit more flexible.
Yeah, I wouldn't mind if people who trade with small amounts could remain anonymous.
August 27, 2018, 11:28:02 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
This is implied when it comes to withdrawing money, regardless of the amount.
August 27, 2018, 11:21:57 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
So there won't be a way to trade anonymously on KubitX at all? I think you should be a bit more flexible.
August 27, 2018, 10:59:35 AM
we know that the last few months some of the exchange has been attacked by hackers resulting in a loss of millions of dollars, there are some questions I will ask, firstly, is KubitX centralized or decentralized exchange platform? second, what kind of detail strategy does KubitX plan to provide more security to the user's assets?
KuBitX has identified and reviewed the industry best practices in terms of security measures and designed our platform to include top level security features to safeguard both the client’s funds and trading operations from hostile penetration attempts.
Some of the key security features include:
- Multi-Factor authentication
- All user data at rest are encrypted using the very strong encryption algorithm
- Secure cold storage with cold wallet management Cryptocurrency Security Standard (CCSS)
- KuBitX has developed a third-party code verification
- GDPR compliant.
- OWASP Top 10 Compliant & More.
- Anti DDoS Protection
- Web Application Firewall
- Robust user’s account security
- Defense in Depth Security for the platform
etc.
And other KuBitX customized security measures
Please check this write up showing how important security is for an exchange
KUBITX CARES ABOUT YOUR SECURITY!
Check the medium post
https://medium.com/@kubitx/kubitx-cares-about-your-security-5272078c694d
I must say that this looks quite impressive.
August 27, 2018, 10:27:05 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
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
August 27, 2018, 08:23:13 AM
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
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