QURREX
THE FIRST HYBRID CRYPTOCURRENCY EXCHANGE INTEGRATING INDUSTRIAL INFRASTRUCTURE OF TRADITIONAL STOCK EXCHANGES WITH
DECENTRALIZED NETWORK.
News & Announcements
Qurrex and Andromeda Group announce strategic partnership and 5 mln US dollars deal Qurrex, a first of its kind hybrid cryptocurrency exchange, is proud to announce its strategic partnership with Andromeda Group. Through this partnership, Qurrex aims to expand and enhance market making, OTC desk operations, listing exchanges and attracting crypto investors. Andromeda Group has announced that the total transaction amount of the deal exceeds 5 million US dollars. Andromeda Group intends to develop future fundraising strategies, assist with the fundraising process and with business development strategy and commercial partnerships.
QURREX Integrating Bancor Protocol to Provide Token Liquidity for Crypto Currency Buyers
We are now announcing the integration of the Bancor Protocol to provide continuous liquidity for Qurrex’s Hybrid D(C)EX platform.
Chairman of Qurrex's Supervisory Board Joins Qurrex Team Leaders We are excited to announce that Konstantin Sviridenko has joined Qurrex’s team as Chief Business Development Officer.
Big news: Qurrex CEX matching module is now available for load test If you wish to participate in the creation of a new generation exchange join the test process now! Just e-mail to: matching@qurrex.com.
Qurrex Token Pre-sale Starts February 7th with Non-Public Offering To Whitelist Participants
We at Qurrex.com, first of its kind hybrid cryptocurrency exchange, are excited to announce the start of a private token pre-sale.
Key Features
HIGH-END PERFORMANCE, SCALABLE AND RELIABLE CORE EXCHANGE MODULE
Throughput >=70,000 trx/sec.
Latency: <= 650μs at 99%
Capacity >= millions of connections
Zero loss of data
HYBRID INFRASTRUCTURE
Integration of CEX and DEX with the Single Order Book
CEX with high-end performance for algo- and HFT-traders
DEX with high liquidity of Single Order Book
NEXT-GEN SECURITY LEVEL
Security System Infrastructure of Traditional Exchanges
Secure «cold» storage
«Hot» wallets’ insurance programs
Supervision by recognized IT Security Company
BROAD FUNCTIONALITY
Algo trading functionality embedded in GUI
Auto-copying of trading signals
Wide range of analytics tools & charts
Social Trading Segment
Information Services (Real-Time Market Data Sources and Analytics)
Non-Trading Segment (Corporate Services, Market Technology, Trade Management Services)
LIQUIDITY
We plan to provide Qurrex with high liquidity thanks to:
- Cooperation with major liquidity providers
- Qurrex’s sufficient liquidity fund
- Best practice in launching new instruments
TRANSPARENCY
We will be the first at cryptomarket acting as traditional public company
Maximum formalization of all processes (rulebook etc.)
Regular disclosure of financial statements and reports
Annual audit by Big 4
Hybrid Architecture
SYNERGY OF:
Blockchain technology - ensures secure storage, eliminates intermediary and provides aggregated liquidity from all network nodes, including the centralized node
Centralized node - centralized exhange (CEX) with performance comparable to modern, cutting edge stock exchanges
THE FEATURED FUNCTIONS OF THE HYBRID EXCHANGE:
Formation of an aggregated order book based on quotes collected from all the system’s nodes (both the centralized and decentralized nodes);
Dissemination of the aggregated order book to the blockchain nodes;
Choice of the blockchain nodes with the best instrument prices/quotes to place the order submitted by a client (if the order is not marketable, it is entered in the order book of the original system node);
Sending the order to the selected system node (for marketable order); entry of information on the order into the blockchain (for queuing order);
Receipt of execution confirmation.
BEST EXECUTION LOGIC:
Each node of the hybrid exchange provides the Best Execution service to the user. Broker companies operating in countries with a developed financial market are obliged to provide the Best Execution service. In Qurrex this service is implemented by a special module – Smart Order Router, which is part of all the blockchain nodes, incluing the centralized (CEX) node.
Qurrex DEX blockchain is built of two types of nodes: confirming nodes and user nodes. The DEX protocol allows confirming nodes to charge other nodes a commission for the deals and transactions. The commission is charged in the deals's (transaction's) cryptocurrency.
There is a special kind of trading orders: DEX Cross-Chain cross-platform atomic orders (transactions). Cross-platform orders are charged just once, when being placed on decentralized nodes. Such orders are included in blocks as DEX transactions, while the confirming nodes charge their commission.
Qurrex founds special cryptocurrencies (qBTC, qETH). A trader can exchange these cryptocurrencies through DEX and his trades are to be charged for the deals theirselves, not for separate blockchain transactions.
TOKEN-SALE
Token symbol: QRX
Token standard: ERC20
Token type: utility
Total token supply: 70m
Total token for sale: 55m
Total token for pre-sale: 17m
Country of incorporation - Cayman Islands
Roadmap
2001-2014 Legacy Product
NOV 2017 Qurrex prototype
FEB-JUN 2018 Token-sale
JUN 2019 Qurrex trading functional
SEP 2019 Social trading services
DEC 2019 Hybrid platform
For more information, please follow the following links:
WEBSITE || WHITEPAPER || FACEBOOK || TWITTER || TELEGRAM ||
Bitcointalk username :Monyong
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