QURREX is the First Cryptocurrency Exchanger High Performance of the International Trade Platform

Hello everyone!

You want to invest in an Initial coin offering (ICO) program then I have an excellent ICO info to follow is QURREX – The First High Performance Cryptocurrency Exchanger from the International Trade Platform. For more details on this project let us discuss it together as follows.

Before joining ICO program we must know first what is QURREX project. Qurrex establishes an industry standard in crypto-economy for universal cryptocurrency exchange – which can ultimately be attained only by existing platforms after years of independent effort. This platform will be the first currency exchange cryptocurrency based on the high performance architecture of the leading international trading platform. Instead of responding to market demand “yesterday”, it is designed for the future – for an impending growth boom in cryptocurrency trading.

In addition, this project will be an important factor in the development of crypto economy because it not only meets the demands and solves the current user problems of the existing exchange platform. It also creates favorable conditions for the new wave of participants. currently not represented in the crypto world. As a demo model, we have set up a test web version of the trading terminal that will serve as the interface for our exchange system.

The test version can reflect current quotes for key digital currency pairs, provide trade and analytical capabilities, and provide news feeds from multiple sources. Currently, the end of the client service – platform functionality for social and investment trades – is 60% operational. At the back of the exchange system, the concept of CEX and DEX delivery has been developed, and work has begun on a separate part of the system, for a readiness level of about 20%. In early February 2018, an order-matching module will be launched in test mode and presented for external load testing.

Initially, the Qurrex platform was designed exclusively as a centralized cryptocurrency exchange system. The reason for this is related to the team background: having worked for over 10 years on the creation of various exchange systems and brokers and products for traditional markets, we have inadvertently become adherents of this approach.

However, research into distributed networks as part of the current project delivery leads us to new approaches and tools to solve many of the problems we have faced over the past few years. Here we are referring, first and foremost, the need to increase the liquidity of separate instruments, as well as to increase client trust in unregulated infrastructure providers.

The result of our investigation is the understanding that, to create an effective exchange system and meet the demands of various circles of users, what is needed is a harmonious harmonization of centralized and decentralized elements.

The main thing that we understand is the fact that, in infrastructure prepared to handle assets, the potential of the community behind the public blockchain network must be taken into account, for it is precisely this community that is the basis of the future crypto-economy.

To provide a convenient tool for clients to execute operations and maximize liquidity, we formulate our approach in the following ways:

Centralized exchange (CEX) will, in the long run, remain the most effective solution in creating maximum liquidity possibility in most types of trading instruments;

At present, only in a centralized infrastructure that makes some of the most effective pre-deposit funds possible (the function of ensuring transaction fulfillment is always done by the central link of the infrastructure) and this technology, in our view, will eventually be introduced to the cryptocurrency market;

• Decentralized exchange (DEX) with high capacity remains, unfortunately, an objective that can not be achieved in the medium term, while clients need high quality services now.
• With this, we believe that finally, the obstacles to creating high-capacity DEX will be overcome.

• DEX is an indispensable tool for creating liquidity in low liquidity instruments such as tokens issued as part of ICO or any number of altcoins;
• DEX is the natural protection of technical problems that must occur from time to time at the central node of a centralized system;
• DEX is the most understood and most transparent mechanism for reducing risk around the function of the central connection of the infrastructure, even at the expense of other product quality (processing time of operation, for example).
• This approach lies at the heart of our system and inspires us to simultaneously create successful, advanced, and effective central projects, and to move forward, heed the call to build and utilize a decentralized system.

Solution

Attempts by developers to solve the problem of speed, liquidity, collateral and algorithms for matching trade operations have led to the emergence of a decentralized trading platform dependent on centralized services, which solves the problem of keeping order books, keeping reserves for collateral, matching order entry and choosing technology for collective settlement . Such centralization raises the question of solving the global problem of vulnerable intermediary presence. From our perspective, most of the technical solutions in these projects are basically marketing innovations that aim to secure better product sales.

Main feature

High End Performance, Coral Theft Module is visible and reliable

• Throughput : >= 70,000 trx / second.
• Latency : <= 650μs and 99%
• Capacity : >= millions of connections
• No data missing

Hybrid Infrastructure

Integration of CEX and DEX with Single Order Book

• CEX with high-end performance for algo traders and HFT
• DEX with high liquidity from the Single Booking Book

Next generation security level

• Traditional Exchange System Security Infrastructure
• Safe «cold storage»
• «Hot» wallet insurance program
• Supervision by a recognized IT Security Company

Wide Function

• The Algo trading function is embedded in the GUI
• Automatic copy trading signals
• Various analytical tools & charts
• Social Trade Segment
• Information Services (Market Resources and Real Time Analysis)
• Non-Trade Segments (Corporate Services, Market Technology, Trade Management Services)

Liquidity

We plan to provide the Qurrex with high liquidity thanks to :

• Cooperation with large liquidity providers
• The liquidity fund of Qurrex is sufficient
• Best practice in launching new instruments

Transparency

We will be the first in the cryptomarket to act as a traditional public company.

• Maximum formalization of all processes (rule book, etc.)
• Regular disclosure of financial statements and reports
• Annual audit by Big 4

Hybrid Exchange Purchase Function

• Establishment of aggregate order books based on citations collected from all system nodes (both centralized and decentralized nodes);
• Aggregated book distribution distribution to the blockchain node;
• Choice of blockchain nodes with the best instrument / quotation price to place orders sent by the client (if the order can not be marketed, it is included in the order book of the original system node);
• Sending order to selected system node (for marketable order); entry of information on order into blockchain (for order queue);
• Confirm acceptance of implementation.

ICO QURREX Detail

• Public pre-sale period: 27 February – 27 March
• Fixed selling price: 800 QRX = 1 ETH or equivalent in BTC / LTC
• Volume min: 15 ETH or equivalent in BTC / LTC
• Maximum volume: 17 m QRX
• Bonus policy for public pre-sale:

For contributions from 15 to 30 ETH, we will credit 5% additional tokens;
For contributions from 30 to 150 ETH, we will credit 15% additional tokens;
For contributions from 150 to 750 ETH, we will credit 25% additional tokens;
For contributions from 750 and over ETH, we will credit 40% additional tokens.
For each interval, the upper limit is not included.

Token Sale

• Token Symbol : QRX
• Standard token : ERC20
• Token type : Utilities
• Total token supply : 70m
• Total tokens on sale : 55m
• Total token for pre-sale : 17m
• Public pre-sale period : 27 February – 27 March
• Sales period : April 02 – April 16th
• State joined – Cayman Islands

Token Sales Structure

Roadmap

• 2001 – 2014: Legacy Products
• November 2017: Prototype Qurrex
• February – April 2018: Sales Token
• June 2019: The functional Qurrex trade
• September 2019: Social trading services
• December 2019: Hybrid platform

 

Sources of information needed on this project :

 

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Tag: Bitcoin, Blockchain, ERC20, ICO, Qurrex