Quoine - Things to know about Quoine

QuoinEx simply represents QUOINE Exchange, the platform is a new competitor that has emerged to inhabit the cryptocurrency space. QUOINE LTD which is the company behind QuoinEx operates two distinctive brands they are; QRYPTOS, this platform accepts digital asset deposits for trading purposes, while the other focuses on giving access to individuals to make fiat deposits, which is QuoinEx. Quoine is a company that provides exchange, trading, and high-class services as regards finance. Quoine is a blockchain project that has taken advantage of the blockchain system to create top financial services. Quoine Ltd has their offices in Singapore, Vietnam and of course Japan. It can only take a strong network of ally guided with a comprehensive team of experts in financial and banking services to render their best services as well as providing a top trading environment for their customers.

In the year 2014, the platform was launched, it was first recognized as Quoine Exchange, and afterwards, the name was rebranded into QuoinEx. QuoinEx made their way to the top as they became one of the highest exchanges in the world by processing the largest transaction volume. According to my research, QUOINE LTD annually processes transactions that are worth over $50 billion, the exchange is soaring high around the world, and the platform has processed transactions that have been recorded as one of the highest crypto-exchanges around the globe.

In June 2017, was when Quoine Ltd launched the QRYPTOS platform which is a cryptocurrency-only exchange and trading platform, the platform is exclusively for cryptocurrency traders and exchange purposes. Both Qryptos and QuoinEx provide their users with dynamic trading features, to ensure that users are given the best trading experience ever, we will talk about that subsequently. QUOINE LTD has been on the path of revolutionizing cryptocurrency exchanges in Japan.

In September 2017, they were the first global cryptocurrency exchange to gain authorization by the FSA (Japan Financial Service Authority) to operate in Japan. More so, the different trading platforms Qryptos and QuoinEx, have found their place among the most advanced exchanges in the world. The fiat deposit and cryptocurrency trading platform has come together to provide so much goodness in the blockchain ecosystem. This integration will form a new liquid portal that will provide access to liquidity pools derived by a consolidated platform.

In October 2017, Quoine Ltd grew into the first authorized global cryptocurrency exchange platform in Japan to execute a successful global ICO (Initial Coin Offering), which is the QASH token Sale.

In November 2017, Quoine Ltd raised 350m QASH tokens (which is equivalent to USD105m or ~ 350k ETH) in a successful oversubscribed ICO campaign, to aid fund the increase of the liquid platform, as part of the liquid development (Qryptos and QuoinEx).

In July 2018, both Qryptos and QuoinEx hit a high transaction volume of over USD50 billion combined; the volume was made in less than a year and a half. That is not all.

In September 2018, was when they re-launched both exchange platforms QuoinEx and Qryptos as LIQUID. The revolution of the blockchain ecosystem.

The main aim of Quoine Ltd is to see that high-quality financial services are rendered to its users. Having rebranded as Liquid, the Quoine Ltd promises a highly liquid platform to traders of digital currencies. As a result of this structural innovation, the platform has created its own native currency- QASH token.

QASH is the native currency of the Quoine ecosystem; it is pronounced “cash”. It’s a utility token that guarantees users the access to the various services provided by Quoine Company via their newest product - liquid trading platform.

The unique attribute of Liquid that makes it necessary for acquisition is the broadening of services offered by Quoine Ltd. With Liquid, Quoine Ltd aims to break new ground of technology on the trading platform, where cryptocurrency holders experience a high level of liquidity as well as security. Liquid platform guarantees a conducive environment where traders can trade their digital currencies with other existing digital currency like Bitcoin, QASH, Ethereum and other different fiat currencies.

The liquid exchange platform all provide a broad range of services for various types of users to be included in the benefit that comes alongside, irrespective of the digital financial assets they use for trading purposes. LIQUID has room for different trading patterns; futures trading, margin trading and so on.

QASH is an ERC20 token; the token can be used as a medium of payment for services on the Quoine’s LIQUID platform. Beyond that, QASH holders are entitled to incentives, promotional products, and discounts on the platform and also ICO campaign investment with tokens QUOINE will support during the launch. The Quoine team laid emphasizes in the whitepaper that QASH token can be used for organizational purposes, which is similar to how Ripple XRP token is utilized by some financial institutions.

The Quoine team minted about 1,000,000,000
QASH, and 35% which is 350,000,000 is issued to ICO participants.

200,000,000 QASH (20%) are reserved for the stakeholders and the team members.

300,000,000 QASH (30%) are distributed to the QASH community.

150,000,000 QASH (15%) are allocated to institutional buyers and their strategic partners.

Hopefully, by Q2 2019, they will be the creating their own blockchain and shift all the stored QASH tokens to the newly created blockchain.

QUOINE has the target of increasing liquidity in cryptocurrency investments via their QASH token, world book, and prime brokerage services. QUOINE liquid platform thrives a medium where investors can convert fiat into any cryptocurrency, they tend to achieve that by joining the order books of exchanges around the world.

Finally, if the team keeps accomplishing their goals and working towards their vision, at the same rate that they have, I believe that QUOINE LTD will revolutionize the cryptocurrency industry for the best. Increased liquidity will greatly support different cryptocurrencies not only QASH, investors and the blockchain industry at large.
Thanks for stopping by, I am @meemee.