QURREX: INTRODUCING THE NEW REVOLUTIONARY HYBRID EXCHANGE PLATFORM
INTRODUCTION
Cryptocurrencies are digital properties created to be used as a means of exchange and to deal with safe transactions by the use of solid cryptography which sees to the addition of new units and cross checks transfers of value. They are built in such a way that they use decentralized control unlike other banking methods which works through a block chain and serves as storage for publicly made financial transactions. Cryptocurrencies like bitcoin and ethereum which are no doubt very successful currencies are used by major exchange sites in their transactions with them only focusing on the present rather than the future inclusive, having the issues of low performance and enormous delays in conducting transactions, vivid concerns as regards to the reliability and transparency of the exchange platform, lack of world wide exchange features with capability to attend to the need of future generations.
PROBLEMS OF CRYPTOCURRENCY EXCHANGE
Many cryptocurrency exchange have centralized exchange system which has one data base for all their transactions thereby exposing them to hacks which is a fixed point of failure, lack of liquidity is a huge problem which causes price swings, poor clearance and payment issues because it is not through norm methods and inadequate technological powress that makes the platform slow and unable to detect manipulations.
WHAT ARE CENTRALIZED AND DECENTRALIZED EXCHANGES?
Centralized exchange such as the new York exchange conducts their transactions through a fixed channel with no market competition.
Decentralized exchanges such as the foreign exchange market which conducts it's transaction through various channels and market prices.
QURREX SOLUTIONS TO CRYPTOCURRENCY EXCHANGE PROBLEMS
Qurrex however was created with the future in mind, and features to correct the these shortcomings and even offer more means of exchange and trading by hybridizing various cryptocurrencies.
Due to various problems encountered by centralized exchange system, qurrex proposes to use a decentralized exchange system which will solve liquidity issues by putting liquidity in small liquidity equipments like tokens and altcoins and also by allowing enough funds to be be present and circulated in the platform.
Since Qurrex is using a decentralized exchange system, there will be a huge increase in speed and transparency of transactions thereby making the platform more trustworthy and reliable.
Qurrex has plans of removing payments issues that occurred because the other exchange sites are contented with being just the third party that connects the buyers to the sellers instead of being actively involved in all the transactions processes just as qurrex proposes.
It also proposes to improve technological powress by providing advanced technologies that can make them detect manipulations and fraudulent activities going on in the market.
The decentralized exchange system proposed by qurrex can reduce by a great amount the possibility of hacking the platform and this is because their resources are not based in a single location.
In conclusion, it is obvious that qurrex intends to blend industrial infrastructure with block chain technology because the platform has Forseen that with time there will be industrial and institutional involvement in cryptocurrency exchange.
Token Details
Token Name: Qurrex
Token Ticker: QRX
Platform: Ethereum
Total Supply: 70,000,000QRX
Hardcap: $55,000,000
QURREX ESTEEMED PARTNERS
Crowdsale Fund Distribution
Token Distribution
For morw insightful information about QURREX, visit any of this links:
Website:
Whitepaper: https://goo.gl/ZmucrR
ANN: https://bitcointalk.org/index.php?topic=3185579.0
Telegram: https://t.me/qurrex
Facebook: https://www.facebook.com/qurrex/
Twitter: https://twitter.com/qurrex
Blog: https://medium.com/qurrex
Youtube: https://www.youtube.com/channel/UCYAsSGdCEHA96fUJWWGDL5g
Author: Cryptoqueenkim
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1380200