QURREX : The Most SECURE CRYPTO EXCHANGE
QURREX:
In crypto economy a centralized exchange has been made but it is facing many projects so crypto community is demanding to create an efficient and effective decentralized crypto currency system. Crypto currency customers want three main features from system that includes security, transparency and liquidity.
Qurrex (first hybrid cryptocurrency exchange) was established to satisfy the needs of cryptocurrency customers.
Qurrex consist of
⦁ Centralized node
⦁ Blockchain network
⦁ Client functionality
Qurrex has high performance architecture and it is aimed to enhance the future market demands.
Hybrid Exchange Qurrex Features:
⦁ A aggregated order queue is established to accept data from all system nodes whether it be centralized and decentralized nodes
⦁ Data collected in first step is then transmitted to blockchain network
⦁ System nodes are identified to locate instrument prices and to transfer order or transaction of client
⦁ Order or transaction is included in blockchain network (if there is no suitable price present on hybrid exchange order is listed on the node back from where it was made)
⦁ If result matches a receiving information is generated and delivered to client
Key Features
⦁ Transparency in terms of openness
Exchanges should be open towards their investors and clients. Qurrex achieved this openness by
⦁ exchange’s activity is reported
⦁ Independent audit is directed
⦁ Exchange management board is made that comprises of experts and community representatives
⦁ All the information regarding clients account and trading, non-trading operations is provided to client in detail
⦁ Transparency in terms of formalization of all exchange processes
A formalized approach should be adopted to interact with bidders. By adopting formalized approach Qurrex achieves:
⦁ Investor interests are protected.
⦁ All the processes/ procedure of exchange system is transparent and are predictable
⦁ Some rules are defined for participants
⦁ Security and safety of assets
Non trivial solution are given by Qurrex to secure cryptocurrency. funds will be stored in offline wallets , multisig wallet and all wallets are secured by HSM (hardware security module).
⦁ High capacity of the platform:
High capacity is achieved by:
⦁ Optimal technology stack is used
⦁ Each System module server will be run on separate physical server
⦁ UIP (universal internal protocol) of high speed is used
⦁ High speed hardware are used
Things circulate on Qurrex platform:
⦁ Most famous and liquid cryptocurrencies.
⦁ Digital assets that follow platforms requirements
⦁ Digital assets on platform having agreement with issuer.
Bidders of Qurrex:
⦁ Private investors
⦁ Institutional and cooperate investors
⦁ Cryptocurrency exchanges
⦁ FX and classic brokers
⦁ Arbitrageurs
⦁ Market makers
⦁ Algotraders
Qurrex Architecture
Integrating Qurrex With blockchain platform
To integrate central element of system with blockchain platform smart order router, DEX/CEX order router , DEX/CEX market data translation service will be utilized.
Tools used for trading:
To carry both targeted and anonymous transactions spot tools, repos or swaps tools are used
Qurrex Token:
On centralized exchange:
⦁ Offering discount individually for paying commission fees resulting from organizing trades.
⦁ Use To pay for services and fees with other currencies
⦁ Qurrex token can be used outside of the exchange.
On decentralized exchange:
In cross chain transaction Charges are made if orders are quoting on DEX network nodes, blockchain will accept these quotes and a confirmation node will accept payment.
WEBSITE : https://qurrex.com
Whitepaper: https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view
Author : https://bitcointalk.org/index.php?action=profile;u=1464237
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