At the moment there is so much exchange of cryptocurrency on the internet where we crypto traders can do our trade. Most of these exchanges have recently faced several issues such as security, demand, unstable websites, bad APIs, poor support and more. In short, the current exchange provides poor service to their users.
These issues want to be addressed by QURREX. This is a combination of CEX-centered exchange) the most effective solution in creating maximum possible liquidity in most types of trading instruments, and DEX-decentralized exchange of indispensable tools for creating liquidity in the instrument Low liquidity such as tokens are issued as part of ICO or many altcoins. It is a multi-functional platform that has a central node, which is comparable in its effectiveness to modern, sophisticated traditional exchanges. It has a client function that meets the demands of the leading exchange broker and FX users. It uses a blockchain network that solves the problem of secure storage and removes people in the middle, and, on the other hand, provides users with aggregate liquidity from all network nodes, including centralized platforms.
If we would compare with other exchanges, the qurrex exchange platform can be achieved for multiple exchanges with years of effort.
Qrex hybrid exchange feature: CEX one of the DEX nodes
- Aggregate order queue establishment based on data received from all system nodes (both centralized and decentralized nodes).
- Routes the combined queue to the blockchain network.
- Identify the system nodes in which the best instrument prices are located and that are required to deliver orders / transactions sent by the client (when possible to make a deal with the price specified in the order).
- Includes order in blockchain. Receive information about matching results.
- Note: an order that can not be fulfilled at that time is displayed, due to the absence of a corresponding price on the entire hybrid exchange system, listed on the node where it originated. Essentially, any node of a hybrid exchange will provide users with the Best Execution service, mandatory for brokerage firms in most countries with developed financial markets.
PROBLEMS TO BE DETERMINED WITH QURREX HYBRID CRYPTO EXCHANGE
The problem with CEX is this:
- lack of protection and inadequate security levels (fraud, theft of cryptocurrency from the wallet, the theft of personal data);
- insufficient liquidity, especially in low liquidity instruments;
- lack of a fast and friendly API connection;
- low capacity and substantial delay in completing operations in the supply system;
- lack of formal transparency, in particular, public protocol and liaison to interact with clients in case of problems arising;
- malfunction due to limited productivity; insufficient performance for periods of peak trading activity;
- not adhering to clear business practice rules;
- malfunctions as a result of excessive traffic;
- interfaces (both graphical and application programming) provide only limited analysis and trade functions, for example:
- lack of mobile apps,
- set of incomplete tools for graphical and technical analysis,
- non-user-friendly interface,
- user interface that can not be properly adjusted;
- the slow process of depositing / withdrawing, limited means of withdrawal / withdrawal;
- unsatisfactory customer service levels, such as long response time from technical support services, lack of telephone support;
- narrow trading instrument options, no new "cryptocurrency and token" / new.
While the DEX problem is this:
- secure money storage / cryptoassets;
- vulnerability of the central / intermediary link;
- looking for a counter-counter interested in an agreement;
- complete operational transparency;
- cross-block exchanges (eg Bitcoin for Monero);
- volume of supply / demand with the same requirements for all market participants.
CONCLUSION:
Therefore, Combining CEX and DEX into a single Hybrid exchange will make things easier and more reliable for crypto merchants. Qurrex will be the optimal solution that every veteran, beginner trader and broker will use in the future. Positively, this will attract more clients as it will offer better stability and better service in terms of handling users.
TOKEN SALES INFORMATION
- Token Symbol: QRX
- Standard token: ERC20
- Token Type: Utility
- Total token supply: 70m
- Total tokens on sale: 55m
- Total token for pre-sale: 17m
- State merge - Cayman Islands
TO KNOW MORE ABOUT QURREX AND TOKEN ITS SALES, VISIT THE FOLLOWING LINKS:
Website: https://qurrex.com/
Whitepaper: https: //drive.google.com/file/d / ...
Bitcointalk: https: //bitcointalk.org/index.ph ...
Medium: https://medium.com/qurrex
Facebook: https://www.facebook.com/qurrex/
Twitter: https://twitter.com/qurrex
Please follow me on:
Facebook: https://www.facebook.com htt/Kho2x
Twitter: https://twitter.com/cocojam061015
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My Bitcointalk (Arumi.Bilqis) : https://bitcointalk.org/index.php?action=profile;u=965668
My ETH Address : 0x78A118ED0556B119ccafe86089a292A048234E79
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