Qurrex Hybrid Exchange

hillarie (0)(1)in #cryptocurrency • 6 years ago (edited)

Hello steemites, I am here again to tell yall about a new and innovative project called Qurrex

Qurrex will be the first cryptocurrency exchange based on the high performance architecture of the leading international trading platform. It is designed for the future - for an impending growth boom in cryptocurrency trading.

What is the Qurrex?

This project has been designed since 2016 and will be launching in the near future. Initially, the Qurrex platform was designed exclusively as a centralized cryptocurrency exchange system.

The reason for this is related to the team background: having worked for over 10 years on the creation of various exchanges and blockchain systems and products for traditional markets. However, distributed network research (Blockchain) encourages the Qurrex for new approaches and tools to solve many of the problems encountered over the past few years.

This is to increase liquidity and to increase client trust. This project will be an important factor in crypto-economic development, as it not only satisfies the demands and solve problems of current users of the existing exchange platform, but also creates favorable conditions for participants who are just plunging into the world of cryptocurrency.

As a proof, Qurrex has prepared a web version of the trading terminal test (demo) that will serve as the interface for the Qurrex exchange system. Currently, the client end of the service - the function of the platform for social trade and investment - is 60% can be operated.

On the other hand, the Qurrex also prepares the concept of CEX (Centralized Exchange) and DEX (Decentralized Exchange). Both are in the stage of development, and work has begun on a separate part of the system, for a degree of readiness of about 20%.

Aim

In order to provide clients with a user-friendly tool to carry out operations and maximize liquidity, Qurrex formulates the approach with the following steps:

Establishing a centralized exchange (CEX), in the long run, remains the most effective solution in creating maximum liquidity possibilities in most types of trading instruments.
Qurrex Exchange is designed to maximize and meet the dramatic growth in crypto exchange. So qurrex can be a solution to the problems of users on the cryptocurrency platform.
At the present moment, only in a centralized infrastructure that the effective creation of partial pre-deposit funds is possible (the function of ensuring the fulfillment of obligations of the transactions is always done by the central link infrastructure) and this technology, will eventually be introduced to the cryptocurrency market.

Creating decentralized exchanges (DEX) with high capacity, unfortunately, unreachable goals in the medium term, while clients need high quality services now. However, the Qurrex team believes it will be able to make it happen by combining both types of exchange. With that the shortcomings of each type will cover each other so that will only materialize the perfect system.