Qurrex – the first hybrid cryptocurrency exchange

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
• Over the years, major exchanges such as Binance or OKex were born, which today represent the giants in the global cryptocurrency industry that manage billions of dollars in transactions on a daily basis and take a small slice of every transaction that takes place within their platform. These exchanges are defined centralized (also called CEX) because after the deposit of their cryptocurrency everything is managed through their internal wallet and above all the user does not have total control of their cryptocurrencies, which is delegated to the managers of the same exchange. A centralized exchange is not always synonymous with security, just think of the damage created by MT. Gox in 2014 and of which today the market still cries the consequences.

Lately, the tendency is to create decentralized exchanges (also called DEX), such as Idex or Etherdelta, where exchanges take place following the principle of Bitcoin: managing a peer-to-peer exchange without the need for a central organization that processes and certify everything. In fact, through decentralized exchanges, the user does not have to rely on the security or honesty of the exchange because his funds are held in his personal portfolio and not in that of a third party.

Qurrex - the hybrid exchange

 In this context it is worth highlighting an interesting project that is trying to combine the advantages present in the two exchange modes: Qurrex a hybrid exchange that is both DEX and CEX at the same time.

The exchange of Qurrex aims at the integration of the industrial infrastructure of traditional exchanges with a decentralized network allowing to create the world's first hybrid exchange of cryptocurrencies.

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

They also have a Youtube channel. You can understand the project easily within 2 minutes by watching their introduction video at: https://www.youtube.com/watch?v=-4WUhYQApa8

The whitepaper

The 61-page whitepaper of Qurrex is now available at: 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 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/. 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: 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: 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: Andrey is the chief technology officer (CTO). He manages a team of 17 frontend and backend developers.

Konstantin Sviridenko: Konstantin has great experience coding trading systems and financial instruments at stock exchanges. He will help to build the platform from scratch.

The pre-sale of Qurrex started on 7 February and provides bonuses for initial investors.

Token symbol: QRX

Standard token: ERC20

Type of token: utility

Total number of tokens: 70 million

Token for sale: 55 million

Presence number of tokens: 17m

Nation where Qurrex - Cayman Islands will be founded

For more information, please visit the link below:

• Facebook: https://www.facebook.com/qurrex/
• Telegram: https://t.me/qurrex
• Twitter: https://twitter.com/qurrex
• Medium: https://medium.com/qurrex
• White Paper: https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view
• Github: https://github.com/Qurrex
• BitcoinTalk: https://bitcointalk.org/index.php?topic=2899211

Author: tinhkhuat

ETH: 0xe4992c92072435470746e28d274f67f34047986f

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1885373