Qurrex Review on Hybrid exchange

in #review6 years ago (edited)

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Qurrex - the first hybrid crypto exchange, which combines the infrastructure of a traditional exchange and a decentralized network. With this combination, the trade in crypto currency will be safer and faster.
The Qurrex exchange was originally planned as a centralized exchange system because it was developed by the team, had many years of experience in creating brokerage systems and exchanges for traditional markets. However, the new realities of the modern world pushed the developers to reconsider their approach to solving many problems that have not ceased to be relevant in recent years. First of all, it was necessary to increase the liquidity of individual instruments, make them more convenient and raise customers' confidence in safety.

Traditional centralized exchanges have a number of significant problems:
• Insufficiently high-quality customer service;
• Serious flaws in safety, reliability and transparency on existing platforms;
• Availability, at present, only niche products on the crypto-exchange market;
• Lack of a universal set of characteristics that can meet the requirements of customers in the future;
• Insufficient liquidity;
• Lack of fast, easy-to-use API;
• Lack of formal transparency, in particular, procedures for interaction with the client in any emerging issues;
• Insufficient productivity and significant delays during trading;
• Failures due to excessive traffic;
• Interfaces (both graphic and applied) provide only limited trading functions and analysis;
• Slow processing of deposits / withdrawals;
• Narrow selection of trading instruments.
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What Qurrex offers.
Security.
Purses with reliable storage: the main part (up to 98%) of funds will be stored in offline wallets, protected by multisig-wallet and with the Hardware Security Module;
Deposit insurance: the exchange will cooperate with the best insurance companies and offer clients individual insurance against the theft of their crypto assets.
An independent specialized company will be engaged to continuously monitor and enhance the security system. The company will be publicly represented on the website and will meet its reputation for the result.
Also, an annual independent audit of the security system will be conducted.
Blockchain technology - provides safe storage, excludes intermediaries and provides aggregated liquidity from all network nodes, including centralized.
Speed.
The Qurrex exchange can handle up to 70,000,000 operations per second, which makes it the fastest existing stock exchange and potentially one of the largest trading platforms.
Qurrex provides 4 types of high-speed API (including mBinary), which were developed specifically for high-frequency trading (HFT).

Liquidity.
High liquidity will be achieved through cooperation with liquidity providers. The own liquidity fund is planned to be achieved through the use of a centralized node (SEX). Also, the program of encouraging participation of market makers in trade will be involved.

Transparency.
All processes will be maximally formalized, and financial reporting will be regularly openly provided.

Support.
To solve any emerging issues will be available multilingual support 24/7. There will also be a forum and chat.

Conducting ICO
Qurrex will be represented by its own QRX token.
Type of the token: ERC20

Maximum number of issued tokens: 70 000 000 QRX.

Number of tokens for sale: 55 000 000 QRX.

Course (at the moment): 400 QRX = 1 ETH

SoftCap: 5 500 000 QRX (successfully assembled);
HardCap: 35,000,000 QRX;

QRX token distribution:
• 78.6% Public sale;
• 4.3% Bounty;
• 6.4% Loyalty program;
• 3.6% Pre-sale;
• 7.1% Remuneration to the team.

conclusions
The project is interesting for its innovative solution to combine the traditional exchange and blocking technology, which will greatly facilitate the life of traders and make trade more secure. The project has already collected 24M $, with softwares 5.5M $, hardcards 35M $. Such trust of investors is caused by an experienced team with many years of experience in the stock market.
Details of the Qurrex project:
Web Site: https://qurrex.com/
Twitter: https://twitter.com/qurrex
Facebook: https://www.facebook.com/qurrex/
Telegram: https://t.me/ qurrex_chat
Whitepaper: https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view

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