Blockchain: QURREX - THE FIRST HYBRID CRYPTO EXCHANGE

About Qurrex

Qurrex is the first multifunctional hybrid cryptocurrency exchange ecosystem by combining a centralized industry platform with a decentralized blockchain protocol in which the centralized exchange will serve as one of the nodes. Qurrex’s new generation platform integrates the industrial-grade centralized infrastructure of traditional stock exchanges (CEX) like NASDAQ, NYSE, and LSE with a decentralized blockchain-based network (DEX). The platform will substantially increase the market’s liquidity and set a new standard for crypto-exchange products. Its reliability, security, and speed are game changers for the crypto industry and professional traders alike.

From the unique features we developed, our project will become one of the leading gateways for the mass entry of the professional institutional stock exchange players into he crypto-economy. At the same time, we will be providing a high-quality exchange and trading service to current members of the crypto community who are currently experiencing difficulties with existing solutions. Thus, our solution is aimed at a wide circle of users:

From investors who have only just entered the market and want to acquire cryptocurrency for the very first time, too big brokers, and institutional investors.
Currently, the development status of the project’s separate modules varies from 20% to 65% completion.

The product’s key functional capabilities are as follows:

A highly secure, high-performance hybrid architecture supported by an independent technical audit
A broad functionality that satisfies the demands of users of any level
Maximum transparency for users: an independent audit, publication of financial accounts, maximum formalization of all processes
Payment gateways for depositing and withdrawing fiat money
An advanced interface that is highly customizable and comes with an advanced API
A platform for social trading and investing with its own marketplace
Fast and responsive multilingual user support operating 24/7.

The Qurrex multifunctional trading platform is a hybrid system that consists of:

A centralized node, which is comparable in its effectiveness to modern, cutting-edge traditional exchanges;
Client functionality that meets the demands of users of leading exchange and FX brokers;
A blockchain network which, on the one hand, resolves problems of secure storage and eliminates middlemen, and, on the other, provides the user with aggregated liquidity from all network nodes, including the centralized platform.

Hybrid architecture

1. Synergy Of:

Blockchain technology - ensures secure storage, eliminates intermediary and provides aggregated liquidity from all network nodes, including the centralized node
Centralized node - centralized exchange (CEX) with performance comparable to modern, cutting-edge stock exchanges

2. 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.

Qurrex and Andromeda Group announce the strategic partnership

It is an important milestone in Qurrex’s journey in becoming the first professional and truly global hybrid cryptocurrency exchange platform. Through the partnership with Andromeda Group, 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.

Andromeda Group is a private holding company focused on investing in high growth, sustainable blockchain assets. It has extensive experience and understanding of both traditional and evolving cryptocurrency markets. Its areas of operation include venture capital, crypto-brokerage and other opportunities in the blockchain sector.

Test our integration of cutting-edge technologies

Qurrex token & ICO details:

Token symbol: QRX

Token standard: ERC20

Token type: utility

Total token supply: 70m

Total token for sale: 55m

Country of incorporation - Cayman Islands

~ Public sales stages:

400 QRX per 1 ETH +100% airdrop, 10 june from 09:00:00(UTC)
360 QRX per 1 ETH +90% airdrop, 14 june from 09:00:00(UTC)
340 QRX per 1 ETH +80% airdrop, 18 june from 09:00:00(UTC)
320 QRX per 1 ETH +70% airdrop, 22 june from 09:00:00(UTC)
300 QRX per 1 ETH +60% airdrop, 26 june from 09:00:00(UTC)

More detail visit: https://tokensale.qurrex.com/

Roadmap

1. NOV 2017 ~ QURREX PROTOTYPE

An internal protocol for trade transactions was approved.
A scalable, fault-tolerant architecture for a multi-user terminal was designed and built.
A prototype of the system’s central link was developed.

2. FEB-APR 2018 ~ Token-sale

3. JUN 2019 ~ QURREX TRADING FUNCTIONAL

Obtaining CSSF license for providing broker services on the cryptocurrency market.
Integration with payment systems, a user dashboard, and acceptance of fiat currencies.
Marginal trading with cryptocurrency pairs, fiat currencies, and other assets.
API connection for placing trade orders and receiving market data.
Algorithm trading in the Qurrex web terminal.
Analytical services and infographics on the Qurrex portal.

4. SEP 2019 ~ SOCIAL TRADING SERVICES