The cryptocurrency landscape is ever-evolving with dozens of new players emerging every single month. Such a surge gives rise to the advent of fresh crypto exchanges, allowing people to trade and exchange different virtual tokens. Since the crypto market is a very young industry, crypto exchanges (which are a segment of this industry) are struggling with numerous problems including long and delayed transactions (especially when it comes to depositing and withdrawing funds), the vulnerability of users’ personal data and money, low liquidity, small capacity, closure of financial information from common users, etc. Combining the best practices of centralized and decentralized exchanges, the Qurrex platform is going to address problems of legacy exchanges. Yes, they are introducing the first hybrid exchange in the world, taking the cryptocurrency trading to a principally new level.

What is Qurrex in Simple Terms?

The project presents a hybrid cryptocurrency exchange incorporating an industrial infrastructure of centralized stock exchanges with a decentralized network, coupled with a set of special tools to simplify the process of trading and investing in crypto assets. It is essentially a multifunctional trading platform suitable for both professional, and beginner investors, traders, and brokers. Qurrex will be driven by the blockchain technology because the platform’s authors think it is the only technology able to solve the issues associated with safe data storing. By the way, they claim that this newly concocted crypto exchange will process over 70 000 of transactions per second with a maximal delay of 650 microseconds. Can a traditional stock exchange offer you the same benefit?

Trying to satisfy needs of both crypto veterans and inexperienced enthusiasts, Qurrex will provide an extensive functionality, covering all aspects of dealing with cryptocurrency:

• An intuitive user interface with customizable settings and personalized navigation
• Multifunctional graphics with interactive charts and drag-and-drop features
• Technical analysis indicators and embedded API
• Insurance of deposits kept in the inner wallets of users
• An ability to make deposits with fiat
• Analytics and market news aggregator
• A system of smart notifications
• Social communication means
• Versatile types of order (GTC limit order, IOC, GTD limit order, and many more) – for professional traders
• Algorithmic and social trading
• 24/7 customer support

This futuristic hybrid exchange will have a central node to route orders, ensure transparency, and attract big investors. Above that, this node will be linked to the decentralized network of nodes, allowing smaller trades to engage with the market, confirm transactional operations, and keep their own private keys if they want to. Qurrex is a blend of centralization and decentralization because it both provides for P2P trading, and recording the history of transactions on the blockchain. Their product is 95% ready to use, and you even can test it right now.

Qurrex Features

Since it is going to be the first hybrid crypto exchange in the world, it must differ somehow from its rivals. That is how Qurrex intends to beat the competition:

• Transparency and financial openness. Unlike traditional exchanges, Qurrex will reveal financial information for its community. For instance, they will provide quarterly reporting on all activities conducted by the exchange, have an independent audit by one of the most trusted auditing companies in the world, generate the most detailed reports about the state of users’ accounts, obtain the formalization of all exchange processes, and more.
• Utmost safety of assets will be ensured through the use of cold storage wallets, Hardware Security Module protection, and obligatory insurance of users’ crypto-assets. The security of Qurrex Exchange will also be evaluated by leading auditing agencies, and these reports will be publicly available.
• Interface usability and convenience. Platform users will be supplied with a pleasant-to-use and intuitive interface and a broad range of trading tools with the help of which, users can perform a detailed analysis of all cryptocurrencies they are interested in.
• High Liquidity will be achieved by attracting bidders to the platform. The team behind the project is now actively negotiating with international liquidity providers, institutional investors, banks, funds, and brokers, and algo/HFT traders to start cooperation with Qurrex.

Qurrex Quick ICO Details

Their token sale is live and will last up to 30 June. All in all, there will be 5 stage of their token sale. And the current one is the third. The platform currency is QRX, an Ethereum-standard utility token used for paying commissions on Qurrex Exchange. The token value is now 320 QRX per one ETH + 70% airdrop. Together with ethers, they also accept BTC and LTC as a contribution.

Final Thoughts

Does the world really need yet another crypto exchange, even if it is a hybrid one? The realization of such a complex project will take a lot of money and efforts, too, while there are dozens of well-developed and trusted cryptocurrency exchanges out there, functioning smoothly and seamlessly. Will they cut their way through such a dense competition? Still, do not take my opinion as an investment advice. Do your own research. If you want to support this project and invest in this ICO here is the link

Qurrex additional resources:

Website | Whitepaper | Blog | Telegram | Facebook | Twitter
Authored by: Will.Smith (@iwgeiw)