Qurrex - The Next-Generation Hybrid Crypto Exchange
The New Paradigm
Qurrex is a blockchain project that plans on creating a fully functioning cryptocurrency exchange that has a lot of the integration that the stock market has. The traditional stock market is a centralized platform, however, Qurrex plans on not implementing this aspect but instead creating a decentralized exchange with nodes - putting the power in the user hands.
This universal exchange will be transparent and fully decentralized while allowing lightning fast and scalable transaction speeds of 15,000 tx per second. These fast transaction speeds will make it possible for people to trade more efficiently, but also settle faster and ultimately profit more.
Qurrex will put an end to the long waiting times that plagues the current financial market and instead brings the power back to the people with instant transactions and low fees.
Cryptocurrency is still a very new technology
With any thing new there will always be problems and growing pains.
A lot of exchanges have low liquidity because they don't offer any competitive advantages and are not marketing to new users, and so trading pairs get manipulated, pump/dumps happen and investors get frustrated. Every exchange currently does not release full financial information to the public, and so transparency with customers is nonexistent. Most cryptocurrency businesses are not following the standard practices and are manipulating ethical decision making because of the nature of cryptocurrency. This creates a bad precedent and causes problems down the road when it catches up.
Since cryptocurrencies are relatively new, customizable and good interfaces are needed yet missing. Newer users find it hard to operate exchanges and will often times quit in frustration. Since traditional exchanges use third parties for deposits and withdraws, they are often delayed which is really the opposite vision of cryptocurrencies.
Lastly and most importantly,
Millions of USD are stolen from exchanges every year due to cryptocurrency hacks! This is a huge problem when dealing with financial markets and yet, many exchanges do not have the right procedures in place to fix this.
This not only hurts the exchange and investors directly, but indirectly puts out bad media and horrible negative mainstream publicity to people already weary of a new technology - it hurts the entire cryptocurrency ecosystem.
In order to have mainstream adoption people will need to feel safe investing their money in the exchange platform.
Qurrex plans on making a highly secure exchange by implementing security audits so that if an exploit is created they will be able to stop it before any damage is taken. Qurrex will offer a variety of different services within the platform to make sure the maximum amount of users are pleased. While all the basic financial trading functions will exist, one area cryptocurrency traders lack is the ability to marginal trade and this will become of high focus on the Qurrex platform. Along with a wide range of fiat trading pairs that have become very popular, Qurrex will provide mutiple fiat support allowing trading, deposits, and withdrawals. In the traditional cryptocurrency setting, customer service has been low throughout the entire industry and so Qurrex sees this as an opportunity to create a competitive advantage by offering 24/7 support and making it of a top priority to its customers.
**The functionality of the Qurrex Hybrid exchange is vast and so I would suggest at least reading this shorter version of the Qurrex WhitePaper called the One Pager for a greater understanding.
https://qurrex.com/files/Qurrex_Onepager.pdf
Qurrex Explainer Video
[QRX] Token Sale
The official public sale will begin on June 10th and end on June 30th
1 eth = 400 [QRX]
- $35 million Hardcap
Pre-Sale Live at https://qurrex.com with 25% bonus
Additional Information and Investor Resources:
Website: https://qurrex.com
WhitePaper: https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view
BitcoinTalk [Ann]: https://bitcointalk.org/index.php?topic=2899211.0
Medium Blog: https://medium.com/qurrex
Telegram Invite: https://t.me/qurrex
I hope you find interest in this project and thank you for reading my article!
Comments are always welcomed
Article written by @justiceforall
Bitcointalk user link: https://bitcointalk.org/index.php?action=profile;u=803528
Ethereum Address: 0xEa67d5856b48925972a9f3d6D9b923593B8B16a6
Oh - Another Exchange!
2018 is the year for exchanges. Plenty of market share available!
Yes I am excited also. Exchanges are big money
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