QURREX – The Most Professional, Institutional and Secure Crypto Exchange
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Qurrex, the hydrid cryptocurency exchange integrating industrial infrastructure of traditional stock exchanges with decentralized network has arrived.
Before I take you on this voyage, please check out this video presentation
Now that I have your attention, let’s get right to it
What Exactly is Qurrex?
Qurrex is the hydrid cryptocurency exchange integrating industrial infrastructure of traditional stock exchanges with decentralized network. Qurrex is a combination of past and present to create the future for a whole new type of trading floor. The first trading floor has that integration. Qurrex aims to brings the most professional and secure crypto exchange to the world. The platform is designed to be able to carry out an incredible 3.5 million transactions per second, placing it far ahead of its current rivals in terms of speed and efficiency.
The Qurrex ecosystem is a trading platform that’ll perform different functions — it’ll be a centralized node whose effectiveness can be compared with cutting-edge, modern exchanges; it’ll include client functionality that’ll meet the demands of the users of different stock exchanges and even FX brokers; moreover, it’ll be a complete blockchain network that’ll eliminate middlemen, provide enhanced security, and give the users aggregated liquidity coming from different network nodes.
Qurrex is successfully setting the most rigorous industry standards in the whole crypto-economy landscape. This ecosystem plans to be the first-ever universal crypto exchange that’ll be based on the most high-performance architecture that’s taken from prominent global trading portals.
Qurrex project will become a key factor in developing the crypto economy as a whole. That’s because the project will not only satisfy the needs of all the existing exchange users but also streamline new participants that aren’t represented in the crypto world.
FEATURES OF QURREX PLATFORM
Qurrex provides Financial Openness as the lack of data brings about an absence of trust in both existing and new cryptocurrency exchanges, especially centralized ones. This will be done by:
Independent experts providing technical audits
Publishing of audit results and providing users with the maximum information possible regarding the state of their account
Ensuring Fund Protection of Users
For any cutting edge computerized venture fixing to finance, one of the main primary necessities is an abnormal state of security of user’s funds. Qurrex is providing “cold wallets” where the participants’ funds will be concentrated using multisig-wallet technology and HSM security assembly modules. Qurrex is also focusing on ensuring the security of “hot” wallets.
Qurrex will use performance tools that will allow us to reach perform 70,000 operations per second, which is comparable to the majority of other exchange systems i.e. 40,000–100,000 transactions per second.
Users will have to follow certain “deal-making” rules to make the transactions. This is necessary to exclude conflicts and secure 100% predictability.
This platform allows almost instant fiat money withdrawal and the client support is rapid, responsive and available 24/7.
Qurrex is setting the business standard in digital money trade which it will inevitably accomplish simply following quite a while of autonomous exertion.
Qurrex system is composed of three elements within a single project:
• A professional centralized crypto-exchange;
• The first-in-the-world decentralized exchange for liquidity providers consisting of thousands of mini-exchanges;
• A new generation trading terminal.
Main Advantages for the centralized part (СЕХ):
• 20% discount on commission for any trade operations for a certain time period;
• An option to pay using a token for any services, or the exchange services. At the same time, the company policy provides that tokens need to be destroyed when returned;
• QRX exchange tokens may be traded both for fiat and crypto currencies.
The implication for DEX is as follows:
• Payment facility for decentralized infrastructure (creation of confirmation nodes);
• Payment of fees for transactions conducted in the hybrid crypto-exchange network.
BENEFICIARIES OF THE QURREX PLATFORM
Qurrex has users from a wide range of categories who might be interested in instruments offered by the exchange:
Institutional players willing to participate in the crypto-market operation;
Affiliate crypto-exchanges in need of liquidity;
Traditional financial market players including Forex who are willing to have work tools to handle crypto-currencies;
Private investors including crypto-angles.
ADVANTAGES OF QURREX PLATFORM
There will be minimal risks from the involvement by third-parties.
The storage will be highly reliable.
Creation of a consensus algorithm used to carry out transactions within the contract.
It will also be achieved by coming up with an advanced technology to maintain exchange’s condition.
We will not have to worry about losing the key of our wallet which was created as part of the contract.
There will be technology to defend people against double spending.
TOKEN SALE AND ICO DETAILS
QRX is the only official token of the project. There will be 55 million tokens allocated for sale.
Investors can buy the token in ETH, BTC or LTC
Token symbol: QRX
Token standard: ERC20
Token type: utility
Country of incorporation – Cayman Islands
TOKEN AND FUNDS DISTRIBUTION
MEET THE AMAZING TEAM AND ADVISORY MEMBERS
Key distinctions of Qurrex from modern crypto-exchange exchanges:
The speed of processing procedures (I’ll review this listed below).
Schedule of repayment entrances, which will certainly enable to perform all sort of purchases.
The possibility of guaranteeing all deposits.
Comprehensive platform capability.
Possibility to have own trading system.
Transparency – all the activities of the exchange will certainly be available to customers.
International user interface.
Multinational support 24/7 (this I have not satisfied on any stock exchange, if there is somewhere, I ask you to show this in the remarks).
Confirmed individuals will have the possibility to provide their items available for sale.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.