The first hybrid cryptocurrency exchange and multifunctional trading platform
Hello crypto world, im Fery here to explain about QURREX.
Today, in a growing crypto-economy, the paradoxical situation has grown more rapidly. on the other hand, total central exchange hegemony has been established, using minimal basic client functions and services – positions only strengthened by trading volume and cryptocurrency capitalization.
At the same time, institutional players in financial markets backed by hundreds of millions of clients and have large amounts of funds, find it hard to trust the cryptocurrency trade market due to lack of industry standards and transparency.
Vulnerability and backwardness of their trading platform technology become a big problem, other things like infrastructure compared to classically managed exchange systems.
WHAT IS QURREX?
Qurrex is the first hybrid crypto exchange integrating industrial infrastructure of traditional stock exchanges with decentralized network. Created by professionals for professionals. We would like to share with you our significant experience of creating and operating high-load systems at traditional stock exchanges, gained for many years.
Key features of qurrex:
- High-end performance, scalable and reliable core exchange module
- Hybrid infrastructure
- Next generation security level
- Broad functionality
- Liquidty Transparency
The featured functions of the hybrid exchange is formation of an aggregated order book based on quotes collected from all the system’s, dissemination of the aggregated order book to the blockchain nodes, choice of the blockchain nodes with the best instrument prices/quotes to place the order submitted by a client, sending the order to the selected system, entry of information on the order into the blockchain, receipt of execution confirmation.
and, Qurrex is the first hybrid cryptocurrency exchange that combines three trading systems:
- Professional centralized cryptocurrency exchange;
- nique decentralized cryptocurrency exchange for liquidity providers, consisting of thousands of mini-exchanges;
- New generation trading terminal.
The Qurrex team is developing the world’s first multifunctional hybrid cryptocurrency exchange ecosystem project by combining a centralized industry platform with a decentralized blockchain protocol, in which centrally exchange will serve as one of the nodes.
They are creating next-gen etalon platforms, which can be trusted by stock exchange users by substantially increasing market liquidity and supplying a set of new standards of exchange products.
The product’s key functional capabilities are as follows:
The ecosystem od qurrex is for trading in and investing in crypto-assets, aimed at a wide circle of end users. It contains the requisite range of instruments to meet the demands of both non-professional traders and investors, and professionals, major brokers and institutional investors. The ecosystem contains an exchange system with rapid protocols, a social trading platform, tools for social communication, and instrumentation for the creation of our own robots (automated trading algorithms).
- Centralized nodes, their effectiveness is comparable to a modern, cutting-edge traditional exchanges.
- Client functionality that meets the demands of users of leading exchange and FX brokers
- Blockchain network, which one side solves the problem of storage and eliminating intermediaries, while the other hand provides users with the aggregate liquidity of all network nodes, including centralized platforms
In fact, qurrex will set the crypto-economic industry standard for a universal currency exchange cryptocurrency.
Each node of hybrid exchange will provide the best execution service to the user. in Qurrex this service is implemented by a special module-smart order router, which is part of all blockchain nodes and centralized nodes.
Qurrex DEX blockchain consists of two types of nodes; confirming nodes and user nodes. The dex protocol allows confirming nodes to fill other nodes as a commission for deals and transactions. Qurrex creates a special cryptocurrency qBTC and qETH, which traders can redeem through DEX and their trades are not for separate blockchain transactions.
Token symbol: QRX
Token standard: ERC20
Token type: utility
Total token supply: 70m
Total token for sale: 55m
Total token for pre-sale: 17m
Country of incorporation — Cayman Islands
Start: 27 February
End: 7 March
Token for sale: 17m QRX tokens
Accepted currency: ETH/BTC/LTC.
Sale fixed price: 800 QRX = 1 ETH or equivalent
Min contribution: 1 ETH or equivalent
from 1 to 10 ETH we will credit 5% additional tokens
from 10 to 30 ETH we will credit 15% additional tokens
from 30 to 150 ETH we will credit 25% additional tokens
from 150 and more ETH we will credit 45% additional tokens
Airdrop: If at the end of public Pre-Sale (07/03/2018) Current ETH rate to USD will be 5% and higher than Sale fix price, we will credit additional tokens to the client’s ETH address or client’s account at his personal cabinet at qurrex.com.
3,6% PreICO investors
6,4% Loyalti program
4,3% Bounty fund
Crowdsale fund distribution
13% Team11,1% Operation cost
12,9% Liquidity program
PHASE 0. DEVELOPMENT OF A PRODUCT PROTOTYPE AND HOSTING OF A CROWDSALE
Reference point: November 2016 – February 2018
- In November 2016, at our own expense, we began work on the project.
- In November 2017, pre-ICO was successfully held, of which 17 investors believed in the Qurrex, and their investment of 1 million USD.
- Before the end of February 2018, there will be a transaction or matching to be presented to include innovation-based testing systems.
PHASE 1. TESTING AND LAUNCH OF ORGANIZED TRADES ON THE CEX
Reference pont: 1st half of 2019
- Qurrex office will operate in the full EU and will receive a license for the payment system to conduct activities in the EU
- Clients will easily gain access to classic stock market services, such as collocation and connections to high-performance protocols.
- Precisely at the end of the second half of this year after connecting the client, qurrex will conduct public testing, intends to provide the transfers with access to test sites and publish technical documentation about the high-speed protocol.
PHASE 2. EXPANSION OF THE FUNCTIONALITY OF THE EXCHANGE CORE AND THE DEVELOPMENT OF THE PLATFORM FOR SOCIAL TRADING AND LAUNCH OF A DECENTRALIZED NETWORK
Reference point: 2nd half of 2019.
- Perform stress testing on a decentralized trading platform as well as network integration tests with a central trading system.
- After the launch of commercial operations, any customer connected to the hybrid exchange platform will be able to access aggregate liquidity of all network nodes as well as the liquidity provided by the centralized exchange.
Qurrex team and advisors
You can find out more about the platform or participate in their sales crowd through the following links:
- Website: https://qurrex.com/
- Whitepaper: https://goo.gl/ZmucrR
- Bitcointalk: https://bitcointalk.org/index.php?topic=2899211
- Twitter: https://twitter.com/qurrex
- Facebook: https://www.facebook.com/qurrex/
- Telegram: https://t.me/qurrex_chat & https://t.me/qurrex
- Medium: https://medium.com/qurrex
- Youtube: https://www.youtube.com/channel/UCYAsSGdCEHA96fUJWWGDL5g
- Github: https://github.com/Qurrex
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1779284
My Etherwallet: 0xa178385fCA8dd9D442F3A1E1F7a7c877F4Cf7F83