QURREX - The First Hybrid Crypto Exchange

Gambar terkait


As of the moment there are so many cryptocurrency exchanges in the internet where we crypto traders can do our trading. Most of these exchanges recently facing some issues such as security, demand, unstable website, poor API, poor support and many more. In summary, current exchanges are providing poor services to their users.


These issues would like to be addressed by QURREX. It is a combination of CEX- centralized exchange) the most effective solution in creating maximum possible liquidity across the majority of types of trading instruments, and DEX -decentralized exchange an indispensable tool for creating liquidity in low-liquidity instruments such as tokens issued as part of an ICO or the numerous altcoins. It is a multi-functioning platform that has a centralized node, which is comparable in its effectiveness to modern, cutting edge traditional exchanges. It has a client functionality that meets the demands of users of leading exchange and FX brokers. An it is using the blockchain network which resolves the problems of secure storage and eliminates the man in the middle, and, on the other, provides the user with aggregated liquidity from all network nodes, including the centralized platform.
If we will compare to other exchange, qurrex exchange platform is achievable for some exchange with years of effort.

Features of the Hybrid exchange Qurrex: CEX one of the nodes of DEX
  • The formation of an aggregated order queue based on data received from all the system’s nodes (both the centralized and decentralized nodes).
  • Routing of the aggregated queue’s orders to the blockchain network.
  • Identification of the system nodes where the best instrument prices are located and to which it is necessary to send the order/transaction submitted by the client (when it is possible to make a deal at the price specified in the order).
  • Including the order in the blockchain. Receiving information on matching results.
Note: an order which cannot be fulfilled at the time it is displayed, due to the absence of a suitable price on the whole hybrid exchange system, is listed on the node on which it was originated. Essentially, each node of the hybrid exchange will provide the user with the Best Execution service, obligatory for broker companies in most countries with a developed financial market.

ISSUES TO BE SOLVE BY QURREX HYBRID CRYPTO EXCHANGE
The issue with CEX are these:
  • lack of protection and an insufficient level of security (fraud, theft of cryptocurrency from wallets, theft of personal data);
  • insufficient liquidity, especially across low-liquidity instruments;
  • lack of rapid, connection-friendly APIs;
  • low capacity and substantial delays in completing operations in the bidding system;
  • lack of formal transparency, in particular, public and liaison protocols for interacting with clients in the event of any issues arising;
  • malfunctioning due to limited productivity; insufficient performance for peak trading activity periods;
  • non-adherence to the obvious rules of business practice;
  • malfunctions as a result of excessive traffic;
  • interfaces (both graphical and application programming) provide only restricted analysis and trading functionality, for example:
  • lack of mobile applications,
  • incomplete set of tools for graphical and technical analysis,
  • non-user-friendly interface,
  • poorly customizable user interface;
  • slow processing of deposits/withdrawals, limited means of such deposits/withdrawals;
  • unsatisfactory level of customer servicing, for example long response time from technical support services, lack of telephone support;
  • narrow choice of trading instruments, lack of “hot”/new cryptocurrencies and tokens.
While DEX issues are these:
  • secure storage of funds/cryptoassets;
  • the vulnerability of the central link/intermediary;
  • the search for a counteragent interested in a deal;
  • the transparency of completed operations;
  • cross-blockchain exchange (e.g. Bitcoin for Monero);
  • supply/demand volumes on equal terms for all market participants.
CONCLUSION:
Therefore, Combining CEX and DEX to a single Hybrid exchange will make more thing easier and reliable for crypto trader. Qurrex will be the optimal solution that each and every veteran, newbie traders and brokers will use in the future. Positively, it will attract more clients as it will offer more stability and excellent service in terms of handling their users.
TOKEN SALE INFORMATION
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



PARTNERS:

For More Information, Please Visit the Website below :

Profile : abdullahtakesi
My ETH : 0xC0134c6deB80a4550408dBF7E56c864d4BF6E65e

Komentar

Posting Komentar

Postingan populer dari blog ini

NuMoney Exchange

Gambar
  What is NuMoney Exchange?   An exchange that provides liquidity and accessibility with fiat pairings to cryptocurrencies especially altcoins, founded by a hacker turned entrepreneur, once wanted by Interpol. The exchange will have the best features of Gemini and Binance. The history of NuMoney and the team: https://exchange.numoney.store/story Why will NuMoney Exchange be an excellent choice compared to other Exchanges?    Not only are you able to input fiat into the exchange by bank deposits online, you are able to walk into the physical store and buy/sell crypto currencies with ease using cold hard cash. This is a great avenue for non tech savvy people to have a simple yet effective entry point into the world of cryptocurrencies. This might possibly be the first Crypto Bank in the making, after looking at their goals and existing infrastructure. It will not an understatement to say it has the potential to herald in a new generation of banking using
Baca selengkapnya

ZAN COIN

Gambar
What is ZAN Coin They are a Consulting Firm that hires Freelance Software Developers to work on specific existing projects for them. In return, ZAN Coin pays their Freelance Software Developers for services rendered on each project. With various “Freelancers” abroad, located/living in different countries, it placed hurdles in the way for ZAN Coin to make timely affordable payments to their numerous “Freelancers”. So they wised up, put their heads together to create a solution for the various issues they were having with their successful existing business model, structure and procedures. As we know, for any company to remain successful, they must adapt to an ever-changing environment, create solutions for existing problems, and always reduce expenses of owning/running a business. To tackle the issues head on, they came together and created a solution to the issues they were having. Thus, creating ZAN Coin. Dividends from each product sale. They will take over
Baca selengkapnya

ELLCRYS

Gambar
INTRODUCTION   Community contracts describe entities that allow one or more collaborators to build open source organizations that offer software products and services such as websites, APIs, smart contracts, packages, frameworks etc. Collaborators push and pull codes to and from the network, performing governance functions by creating, approving proposals and receiving compensation from the network. THE PROBLEM   Current web service providers limit organization accounts to only support a single owner who is granted unlimited access to add and remove users and manage the account and all resources. We see this in services like Github, Stripe, Heroku and thousands more. This kind of account or organization structure cannot work for future decentralized organizations where there may not be a single owner or leader, no trust and no headquarters.   This is a fundamental issue that needs to be solved before decentralized, effortcentric inter
Baca selengkapnya