QURREX: Most Secure & Professional Hybrid Crypto Exchange

in wafrica •  6 years ago 


cryptocurrency market is the latest technological trend with many investors, and markets going to that direction, it comes with its own set of challenges. These challenges are there because of the nature of the market and the fact that it is based on the blockchain which is a decentralized platform.
The cryptocurrency market challenges have been a setback to the fast-growing industry and account for the reason why there is no global adoption of the market so far. Some of the challenges include Lack of market regulation, lack of liquidity, complex integration, and long compliance process among many others. Those impacted by these factors include banking and financial institutions and governments that are planning to make digital currencies legal.
As blockchain technology continues to rapidly advance across the world, it has considerably affected multiple industries, particularly the financial industry. The decentralized storage of data and creation of innovative services that are accessible with smart contract payments have led to an influx of potential investors into this sector, especially in cryptocurrency trading.
However, a lot more needs to be done in the area of cryptocurrency trading to encourage increased investment and growth of the whole industry


INTRODUCTION OF QURREX
Qurrex is the first hydbrid cryptocurrency market which combines the centralize (CEX) and decentralized (DEX) ecosystem trading platform technology in which the centralized exchange serve as node and a blockchain network which on the one hand resolves problems of secure storage and eliminates middlemen, and, on the other, provides the user with aggregated liquidity from all network nodes, including the centralized platform.
Qurrex is on the goal on creating a start up for industry standard in the crypto-economy for a universal cryptocurrency exchange – one which existing platforms will eventually achieve only after years of independent effort. The platform will become the first cryptocurrency exchange based on high-performance architecture from the leading international trading platforms. Rather than respond to the market demand of “yesterday”, it is designed for the future – for the coming growth explosion in cryptocurrency trading. Moreover, the project will become an important factor in the development of the crypto-economy, as it not only satisfies the demands and solves the problems of current users of existing exchange platforms, but also creates favorable conditions for a new wave of participants, those not currently represented in the crypto world

WHAT IS QURREX FEATURING IN THE HYBRID EXCHANGE

The formation of an aggregated order queue based on data received from all the system’s nodes (both the centralized and decentralized nodes);
• Routing of the aggregated queue’s orders to the blockchain network;
• Identification of the system nodes where the best instrument prices are located and to which it is necessary to send the order/transaction submitted by the client (when it is possible to make a deal at the price specified in the order);
• Including the order in the blockchain;
• Receiving information on matching results. Note: an order which cannot be fulfilled at the time it is displayed, due to the absence of a suitable price on the whole hybrid exchange system, is listed on the node on which it was originated. Essentially, each node of the hybrid exchange will provide the user with the Best Execution service, obligatory for broker companies in most countries with a developed financial market.

REASONS WHY YOU NEED QURREX HYBRID EXCHANGE
Financial transparency
Many existing crypto-exchanges have low minor level of transparency towards their customers who don’t have vital information about their exchange which include the following
A key virtue of Qurrex will be its transparency towards the community, which will be achieved by way of:
• quarterly reporting of the exchange’s activity;
• conducting of an independent audit of the exchange’s activity by one of the Big 4 auditing companies;
• publishing of audit results
; • creating of an exchange management board of independent industry experts and community representatives;
• supplying users with the most detailed information possible regarding the state of their account and completed trading and non-trading operations.
SECURITY OF CRYPTO ASSET
Security is the number one watch dog for crypto asset in qurrex hybrid exchange. For more than a decade now financial asset have not be lost to third party
Qurrex has an advance software and hardware available on the crypto market and they are update whenever there are advance version , to update them when more advanced versions emerge to use secure cold storage wallets: the majority part (up to 98%) of funds will be stored in offline wallets, multi-signature protected (multisig-wallet), and protected by a Hardware Security Module (HSM); • We will receive ratings from the leading agencies who audit the security of exchange systems.
HIGH CAPACITY OF THE QURREX HYBRID EXCHANGE
Use of the optimal technology stack in terms of resolving similar issues, as proven in existing products and in providing solutions for similar high-capacity systems;
• An approach whereby each key system module is a service operating on a separate physical server (matching, risk module, gates, market data relaying service, social trading module, client service module etc.
• The capacity to duplicate critical system nodes, placing them on separate virtual or physical servers: for example, using separate matching services for different instruments/groups of instruments, and the use of separate risk modules for different bidders.
• Presence of a high-speed universal internal protocol (messaging); • Minimal cost for converting messages from the internal protocol into that of the users.
• Use of our own high-capacity hardware (servers and switches), and of hardware configuration for active tasks.
• The optimal choice in hardware for the system’s requirements.
• Maximum simplicity and effectiveness of the functionality of the infrastructure’s central link: employing only simple types of requests and the simplest and most reliable algorithms

TRADING INSTRUMENTS (CRYPTOCURRENCIES)
At the moment of writing this review, there are pretty coins available for trading on the qurrex platform, including the company`s own token,
You can also trade fiat currency like USD against the digital coins using some electronic payment systems.

If you want to gear up your trading, you can also trade in digital coins with forex brokerages, as all of them provide leveraged trading.

TRADING PLATFORM

As most crypto-exchanges, qurrex offers a web-based interface. Its platform is available in English, a functional functional order book, trading history window, as well as a chat room. Trading pairs are grouped into two categories: Crypto markets (inter-cryptocurrency trading) and e-Currency markets (trading digital coins against fiat currencies). Nonetheless, Qurrex platform is quite fast, the charting is very basic and it seems that liquidity is rather low. Besides, mobile trading platform to be made available soon

Here is a preview of qurrex platform

Methods of payment

Deposit and withdrawal methods on qurrex Exchange include wide range of cryptocurrencies such as in the below in the qurrex exchange site.

TEAM THAT BUILT THE EXCHANGE

ADVISOR OF QURREX HYBRID EXCHANGE

QURREX PARTNERS

CONCLUSION
Below is the a diagram summarizing why you need to trade your crypto asset in qurrex hybrid platform

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Looks interesting project to me.? What you guys think. :)

Congratulations @sonnyeyakwaire! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

am part of this project becos is gud

nice project

When it comes to seeking the epitome of security and professionalism in the realm of hybrid crypto exchanges, one must look no further than the pinnacle exemplar in the industry. This apex platform not only ensures the utmost security of users' assets through state-of-the-art encryption protocols and robust cybersecurity measures but also embodies the essence of professionalism in its seamless user interface and top-notch customer support. Its hybrid nature seamlessly integrates the liquidity of both centralized and decentralized exchanges, providing traders with unparalleled flexibility and efficiency in their transactions. Moreover, the incorporation of https://androidcure.com/notes-for-a-beginner-when-trading-on-cryptocurrency-exchanges/ underscores its commitment to excellence, allowing businesses to leverage its cutting-edge technology while maintaining their brand identity. In essence, this hybrid crypto exchange stands as a beacon of trust and reliability in a landscape often fraught with uncertainties. With its unwavering dedication to security, professionalism, and innovation, it continues to set the standard for the industry, attracting discerning traders and businesses alike who seek nothing but the best.

crypto world need this project

wow hybrid exchange nice to see this happening in my time

nice project l will like to be part of this

Very insightful, it's amazing how the crypto world is being developed and improved on a daily basis, new trends popping up to enhance the reliability of our crypto deals. Good content. Steemon!

Good project

Nice update, I never heard of this exchange before this post.Thanks man.👍

Thanks for update regarding qurrex

its a interesting have a good exchange in future