We sat down with the CEO of KuBitX, Eric Annan, to discuss the vision behind the exchange, his experience and the vision that drove him to set up the exchange.
Only 4% of Exchanges in Africa
Quoting a research study conducted by Cambridge University, Eric revealed that despite only 4 percent of exchanges being in Africa, the continent comes second in crypto adoption.
This disconnect is one of the reasons behind the existence of KuBitX. In order to drive adoption, education will be a key component in KuBitX’s mission.
Over 10 Million Transactions Per Second
KuBitX is looking to raise the bar when it comes to exchange speeds, security, and compliance.
According to Eric:
“We have built an exchange that will do 10 million plus transactions per second. Most exchanges are built on C++ or .Net. Our exchange uses the latest programming language developed by Google called Golang and is going to be one of the most compliant exchange.”