QURREX: The Hybrid Exchange with Difference
The first hybrid cryptocurrency exchange integrating industrial of traditional stock exchange with decentralized network.
Qurrex is creating the most interesting and simplest made of cryptocurrency exchange known to be the next generation platform with the aim that it will win the trust of professional stock exchange players by improving and increasing the market liquidity and setting a good and comfortable new standard for the exchange of product.
This platform will be a centralized and decentralized exchange, having unique set of features and characteristics and shall be the leading gateway for the mass entry of institutional stock exchange players into the crypto-economy of ease.
This will be a platform for a well-organized and structured high quality exchange and trading services to customers or members of the crypto-economy.
This special project will become a very important factor in the development of the crypto-economy because it satisfies the demand and solves the pressing problems existing in crypto-economy exchange platform.
THE DOWN SIDE OF CENTRALIZATION
The most popular exchanges today are all centralized but there are bad sides of an exchange being fully centralized even though it controls enough liquidity. Securities have been the major challenges most exchanges faces and till date we keep hearing of different hacks happening around different exchanges.
When using centralized exchanges there is always risk of losing funds, this is because one controller commands everything which makes it simple, easy to make and easy to control. The core controller needs to be fast and active at the same time and if it fails it can lead to slow usage of servers.
Each of these hack have cost traders millions of their hard earned cash and people are currently seeking for a safe haven exchange which they can trust
THE WAY FORWARD
The idea of a hybrid exchange will actually solve many problems and Qurrrex is offering both worlds with all its features in one place. This will control enough liquidity and at the same time offer the best of security which most major exchanges lack.
A centralized exchange is structured in a way that all orders are routed through a single source and they also provide advance tools trading functionalities such as margin trading and stop loss, while a decentralized exchange is an exchange with no special institution holding customer funds and system acts autonomously. Decentralized exchange offers fast access, security and anonymity.
Qurrex is bridging the gap by offering both to our table with these features to a transparent, successful, advanced and effective project and the decentralized system.
It is due to some problems of the centralized exchange that gave rise to creation of Qurrex with decentralized network.
In attempts to solve the problem of speed and liquidity, it led to the decentralized trading platforms dependent on centralized services. But the good news now is the ability of Qurrex solutions to delivering decentralized exchange (DEX), using two approaches.
Another innovation of the Qurrex would be after the modification of the Blockchain network selected for delivering the decentralized exchange, the centralized node along with other nodes that make up the network will exchange information with the rest of the nodes and participate in the creation of aggregated market information for each electronic asset.
Majority of existing crypto-exchange are characterized by a low level of openness towards the users who do not have access of information. Lack of information results to lack of trust in both existing cryptocurrency exchanges. This has led Qurrex to make their projects to be open to its community.
High level of security is very vital for any project. Qurrex have many years of practical experience in providing security for traditional exchange system for over 10 years, and has never lost a single client operation. They plan to use the best vendor and the best software available on the market, to use secure cold storage wallet.
CONCLUSION
In the crypto market many people have lack of faith to exchange trading platforms due to lack of transparency in the system. Qurrex is the first exchange offering a hybrid exchange platforms that integrates all kinds of trade available and also provides transparency which will bring trust back to traders. This is a big stepping stone in the crypto space and will offer more confident to traders when trading. Many traders will be delighted to try out these unique features offered by the exchange which incorporates both advanced traders and new traders.
With many years of practical experience in the field of security we believe it can be pulled off by their team of experts.
More information on Qurrex