Cubobit Launches First Digital Asset Exchange with Advanced Trading in Mexico, Powered by AlphaPoint Blockchain Technology

May 15, 2018

Mexico City, May 15, 2018 (GLOBE NEWSWIRE) -- Cubobit, the first Mexican cryptocurrency exchange to offer advanced trading, today announced the launch of its new exchange platform, powered by blockchain technology company AlphaPoint.

Cubobit is an advanced, safe, and secure platform, featuring multiple trading options, advanced orders, the ability to trade instantly and a chatbot for investors to interact and share trading strategies.

“We are incredibly excited to bring our vision to life with the launch of Cubobit,” said Amir Manzur Escobar, CEO and co-founder of Cubobit. “AlphaPoint’s award winning platform technology is trusted by many companies around the globe and we have trust in their proven solution to support our objectives in bringing Mexicans - and soon others in Latin America - access to all of the potential opportunities of investing in cryptocurrencies.”

With three different trade user interfaces - basic, intermediate, and advanced - Cubobit also offers investors a seamless workflow with the ability to adjust new orders within charts via an instant trade update feature.

“We are pleased to be working with Cubobit and their fantastic team. By providing trusted blockchain technology to help power this exciting new exchange, Cubobit is able to offer unrivaled access to a variety digital assets and digital currencies,” said Nirbhay Kumar, AlphaPoint Vice President, Head of Account Management and Client Success.

Cubobit is regulated by the Mexican Bank commission and it is in strict adherence to the recently enacted FinTech law, making Cubobit 100 percent compliant with Mexican laws and regulations. Additionally, Cubobit has reached agreements with some of the largest Crypto Exchanges in the world to provide the Mexican market with increase order book depth and liquidity.

Through its secure, scalable, and customizable distributed ledger platform, AlphaPoint enables customers like Cubobit to launch and operate markets. Its proprietary distributed ledger technology provides a highly-secured venue and is the technology backbone for Cubobit’s exchange to have a processing capacity of nearly 1 million transactions per second.

About Cubobit Cubobit is a Mexican company that offers their customers the best solution to trade cryptocurrencies against the Mexican pesos as well as to send, receive and store cryptos. Its platform provides state of the art security, technical support, reliability quality and liquidity. The Cubobit team is integrated by professionals in the financial sector with corporate and banking experience in Mexico and Latin America. For more information about Cubobit and to register for an account, please visit: https://cubobit.com and follow @cubobit.

About AlphaPointAlphaPoint is a global financial technology company helping institutions make illiquid assets liquid. Through its secure, scalable, and customizable distributed ledger platform, AlphaPoint enables customers to digitize assets as well as launch and operate markets. AlphaPoint and its award winning blockchain technology has helped institutions discover and execute their blockchain strategies since 2013. For more information, please visit https://alphapoint.com and follow @AlphaPointLive. cubobit-azul

Media ContactsCubobitmkt@cubobit.com

Marissa Arnold for AlphaPointMarissa@alphapoint.com or Press@AlphaPoint.com

Cubobit mkt@cubobit.com Marissa Arnold for AlphaPoint Marissa@alphapoint.com or Press@AlphaPoint.com

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