QURREX – A problem - solution fit
One of the primary issues with cryptocurrency exchanges is that they may not provide excessive-speed information connectivity like conventional exchanges, but the next-generation platform Qurrex will provide market contributors with capabilities they get used to, along with professional but friendly user interface, high-speed data connectivity, direct marketplace and technical analysis tools.
What is more, the current exchanges are also facing those below problems:
- Low liquidity
- Lack of APIs or protocols to connect systems
- The matching algorithm issue: If a direct transaction is conducted through messaging, there is increased latency in order to conclude the deal. Though with an automated system, there is always a delay in the process of achieving the market’s choice of price
- The speed of executing operations in many projects is up to the speed of the blockchain network, as well as the speed of matching incoming order confirmations of the second party’s deal
In contrast to many cryptocurrency exchanges, Qurrex's platform is designed for excessive-frequency buying and selling and excessive-degree of trading activities. This is good for a plethora of industry experts and investors.
Qurrex plans to store up to 98% of funds offline, multi-signature , and protected by Hardware Security Module (Would like to know more about HSM, please visit: https://www.ibm.com/support/knowledgecenter/en/SS9H2Y_7.5.0/com.ibm.dp.doc/hsm2.html
Qurrex also provies highly-secure storage of digital assets in a separate encoded contour of the node, preventing hackers form stealing the user’s assets. With the degree of transparency that Qurrex offers on its platform, users will be able to trade based on the proven success of other users and not just on the claims of success that are so popular on social platforms. Qurrex is elevating social trading to another level with its approach, proving how combining the potential of social media with the power of blockchain technology can benefit everyone financially.
To sum up, Qurrex will offer:
- Professional order types, such as GTC, IOC, GTD, FOK
- Multi-functional graphics and visualization tools
- High-performance and highly secure hybrid architecture supported by an independent technical audit
- Social tools including messenger, database, trading portal and forum, as well as social tools
- Algorithmic trading
- News streams. This offering allows traders to stay on top of ongoing events potentially affecting the cryptocurrency market.
- Modularity . Users and developers could create their own functions
- Technical analysis tools
A review about QURREX
The concept
QURREX is a potential concept with a lot of good selling points such as:
- Hybrid infrastructure, integrating centralized and decentralized exchanges.
- Payment portal for storing and pulling back fiat cash.
- Broad functionality to support the demands of all types of traders.
- Maximum straightforwardness by empowering consistent autonomous reviews and distribution of money related records.
- Up to 70,000 transactions per second.
- Availability of a social trading platform where people can rate trade strategies, use a transaction copying service, and find info on trading algorithms and embedded scripts.
- Highly secure & high performance: Qurrex can offer rapid information availability, and quick, high-volume exchanging; in light of the fact that its decentralized trade and blockchain system should not have the intervention of the third party in the trading procedure. The framework is intended to serve experts with engineering that meets monetary industry guidelines.
- The interface is highly customizable and comes with an advanced API.
Strategic partnership
Qurrex is in partnership with Andromeda Group. Through this partnership, Qurrex aims to expand and enhance market making, OTC desk operations, listing exchanges, and attract crypto investors. Andromeda Group intends to develop future fundraising strategies, assist with the fundraising process and with business development strategy and commercial partnerships.
Andromeda Group has announced that the total transaction amount of the deal exceeds 5 million US dollars.
Social media channels
Qurrex is doing their best to be available at many social media channels as possible in order to gain its reputation. For the Facebook’s fanpage, they now have more than 2000 followes. What is more, their Telegram group includes around 1200 members and there are also more than 1100 followers on their Twitter. You can be a part of their groups in order to be updated with the lastet information by clicking here:
- Facebook: https://www.facebook.com/qurrex/
- Telegram: https://t.me/qurrex
- Twitter: https://twitter.com/qurrex
- Youtube:
The whitepaper
The 61-page whitepaper of Qurrex is now available at: https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view (https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view). It contains the information about the problems and solutions offered by the team of Qurrex. In addition, there are paragraphs dedicated to the team’s profiles and the details of token sales. This white paper is very nicely-designed and the information is illustrated in details.
Moreover, the team has also have the 8-page onepager at: https://qurrex.com/files/Qurrex_Onepager.pdf (https://qurrex.com/files/Qurrex_Onepager.pdf) which is shorter and concise, suitable for those who do not have much time.
The website
Besides the good whitepaper, the website is also very detailed, contains all necessary graphics and information about the solution and the team. You will also be given the links to social media pages and relevant documents. You can now join their token sale by visiting their website: https://qurrex.com/ (https://qurrex.com/). The information is listed right at the home page.
The team
The team behind Qurrex includes professionals with expertise in stock exchange infrastructure development, investment banking, and business development. Netherlands-based CEO Matthijs Johan Lek leads the firm.
- Matthijs Johan Lek (https://www.linkedin.com/in/matthijs-j-lek-8671822/): Mathijs has worked in finance for 20 years, including investment banking, brokerage at Rabobank (Dutch bank), and business development. He is the founder and CEO of Qurrex, managing a team of traders and advisors.
- Slava Baikalov (https://www.linkedin.com/in/baykalov-vyacheslav-02819b155/): Slava has more than 10 years of experience in corporate finance, investment banking, and investment analysis. He is the chief operating officer (COO) as well as a co-founder.
- Andrey Sitaev (https://www.linkedin.com/in/andrey-sitaev-0a6291b9/): Andrey is the chief technology officer (CTO). He manages a team of 17 frontend and backend developers.
- Konstantin Sviridenko (https://www.linkedin.com/in/konstantin-sviridenko-55a032154/): Konstantin has great experience coding trading systems and financial instruments at stock exchanges. He will help to build the platform from scratch.
Token sale:
QRX is the only official token of the project. The maximum total number of released token is 70.000.000 QRX tokens and no more tokens will be issued. There will be 55 million tokens allocated for sale.
Investors can buy the token in ETH, BTC or LTC
ICO (main crowdsale): will happen until April 30, 2018. The estimated price of the token will be: 1 ETH = 500 QRX Investors can buy the token in ETH, BTC or LTC. More details about all bonuses on different stages catch in their whitepaper.
Conclusion
To sum it up, аs а pаrt of our review, we see strong potentiаl in this ICO. The concept of the project is very useful and potentiаlly very profitаble. The Qurrex exchange has been founded to meet the demand of the dramatic growth of cryptocurrency trading. Qurrex helps to solve the main problems experienced by current users of existing cryptocurrency platforms including but not limited to security, performance, and liquidity issues. Qurrex creates favorable conditions for a new wave of participants (including brokers and institutional investors) in the cryptocurrency world.
The site's design looks good and all of the information are provided transparently and with many details. Going by their strong team and extensive roadmap on the website, Qurrex exchange** **definitely does not seem like a short term project, it is worth investing both from short аnd long-term perspectives
The sooner you will support the project by buying its tokens, the better price you mаy expect аlong with bonuses. So far, the platform looks promising with all the required areas covered. However, we advise you to invest carefully as there is no 100% guarantee on success. Also, the security market may sound a bit risky for some new investors.
Please: If you found this article helpful, appreciate the information I have curated, appreciate the analysis I have provided, please support me by liking and sharing this article; you can also follow me at ICO Review (https://ico-review-daily.quora.com/) to stay updated with the most remarkable ICOs coming up. If you find the project valuable or interesting, support it by sharing and liking this page and keeping up with company profiles.
Interested readers can take a closer look at the following links:
Website: https://qurrex.com
Whitepaper: https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view
Author: Tram Nguyen
Contact: [email protected]
Telegram: @joseph_ive
Bitcointalk profile link: https.://bitcointalk.org/index.php?action=profile&u=1417448
Coins mentioned in post:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @vanhien! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of posts published
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit