THE FIRST HYBRID CRYPTOCURRENCY EXCHANGE
INTEGRATING INDUSTRIAL INFRASTRUCTURE OF
TRADITIONAL STOCK EXCHANGES WITH
DECENTRALIZED NETWORK
Cryptocurrency business is still very potential at this time especially now we see the price of ethereum and bitcoin in the consolidation area and very open to penetrate above the price of 20K for BTC and 2K for Ethereum.
And currently the most trending is the Token based Ethereum Blockchain, Sales Token through ICO "Initial Coin Offering" which we are familiar with today.
a very wise and appropriate choice if we invest our funds into ICO because it is very prospective in the future.
the end of this emerging ICO-based exchange, but we need to examine more deeply about the Project and the developer itself because to avoid fraud after the end of ICO.
Most of People Interested with Exchange Project moreover many advantage offered, thats why in Token sale generally hardcap reached include Qurrex because almost hardcap reached.
Many Reason why we must join to Qurrex Project, Qurrex Offering to Their Investor about Security of Exchange like from Fund, Assets, Account etc.
ACTIVE SAVINGS : Up to 100% fee discount
ACTIVE INCOME : Take fees as exchange
PASSIVE INCOME : Lease your Qurrex tokens
One Of Advantage For Us
QURREX is much faster
than any existing cryptoexchange
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.
Project Of Road Map
The development road map of our project includes several phases.
PHASE 0. DEVELOPMENT OF A PRODUCT PROTOTYPE AND HOSTING OF A CROWDSALE
Reference point: November 2016 – February 2018
In November 2016, at our own expense, we began work on the project. By now we have developed a minimally viable version of our trading terminal, which will be the main interface of our exchange system. In the current version, the interface allows for the user to display current quotes of key currency pairs, conclude deals, view news feeds from various sources, and apply technical analysis tools. In the future, we will develop a trading terminal as a platform for social trading and investing; we estimate it to be 60% complete.
Aside from our work on the trading terminal, we have also developed the core architecture of the exchange system with the integrated ability to execute requests in the CEX and DEX. We’ve also begun work on individual system modules. We estimate the completeness of the exchange system to be at 30%.
In November 2017, a closed pre-ICO was successfully held, during which 17 investors believed in the project, and their investments amounted to 1 million USD. Before the end of February 2018, the innovative system for holding transactions (matching) will be presented for loading testing.
PHASE 1. TESTING AND LAUNCH OF ORGANIZED TRADES ON THE CEX.
Reference pont: 1st half of 2019.
In the second half of the year, the operating office in the EU will be fully operational and we will receive licensing for the payment system to carry out activities in the EU.
As part of the work on the technology of the DEX, we are planning to obtain the first results of the new protocols (EOS, Tezos, 0x) and on their basis or on the basis of our own developments, to create a description of the decentralized protocol of the exchange and to develop a module for integration of the DEX with the CEX; we will also start the development of prototype nodes and the trading platform of the decentralized network.
The social trading platform will be put into commercial operation with the following functionality: a full set of tools for the trader, the addition of chat functionality, the ability to share charts, reporting and trade forecasts (JSON), the addition of the first news agent eSignal (Reuters), and the development of a commercial prototype interface for iOS and Android. For social communication, the Qurrex Community (forum, wiki resource) will be founded.
By the end of the second half of the year, we intend to provide customers with access to the test site and to publish technical documentation on the high- speed protocol. After connecting clients, we will hold public load testing. After finishing all the testing, we aim to launch organized exchange trading on the CEX with the main cryptocurrencies, and also to add the ability to perform position transfer transactions (Swap, REPO), which will allow access to margin trading and the implementation of unblocked sales (Sell Short).
Clients will gain access to classic stock market services, such as co-llocation and connection to a high-performance protocol. Institutional investors will be able to connect as trading participants and provide access to their customers.
PHASE 2. EXPANSION OF THE FUNCTIONALITY OF THE EXCHANGE CORE AND THE DEVELOPMENT OF THE PLATFORM FOR SOCIAL TRADING AND LAUNCH OF A DECENTRALIZED NETWORK.
Reference point: 2nd half of 2019.
By the beginning of the second half of the year, we will carry out stress testing of the decentralized trading platform as well as integration tests of this network with a centralized trading system. The results obtained from this testing will form the basis for launching the commercial operation of the hybrid exchange system.
After the launch of commercial operation, each customer (regardless of their type of connection through the central node or through a decentralized network) connected to the hybrid exchange platform will be able to access aggregated liquidity from all nodes of the network including liquidity provided by the centralized exchange. The broker’s dashboard, statistical services, and analytical instruments will be fully launched.
Traders will have the opportunity to write trading scripts in the web terminal, use the extended list of indicators, add services for auto-tracking trading strategies and PAMM management, and receive release of full versions of the mobile applications.
In trading instruments, the technology of smart contracts will actively be employed, allowing cryptocurrency to be gathered on specialized accounts for the subsequent managing both algorithmic strategies and managers.
The geographic coverage of the Qurrex network will be significantly expanded by opening offices and points of network presence in additional jurisdictions.
TOKEN SALE
"Public Sale Start on Jun 10th - Jun 30th"
1 ETH = 400 QRX
PARTNER'S
All Detail's about Us Please Visit
ETH : 0x8630585BF2C519b74551c1eCBE50f20698Ab2049
