Qurrex - a crypto exchange that integrates the traditional stock exchange industry infrastructure with decentralized networks

https://qurrex.com

What is the Qurrex

Qurrex is a crypto exchange that integrates the traditional stock exchange industry infrastructure with a decentralized network. The Qurrex sees that now, during periods of recession and stagnation, many projects have been launched in the market, including those that have nothing to do with the crypto industry, overheated sales channels and rarely provide the necessary conversion, there is a capital outflow from ICO because to spur the growth of bitcoin and other altcoins, and the situation is exacerbated by frequent fraudulent projects. The Qurrex lies in an honest and unnatural appeal to society, the Qurrex makes no assumption that it will change the future of the whole world, the Qurrex consciously declares that we can create a new generation of trading infrastructure that will solve and enhance the lives of current users , and most importantly will meet the needs of future customers - institutional players, and the launch of Qurrex will deliver a round to the entire industry. Qurrex assumes that changes must be made together with professional entrances.

Qurrex has written the basic Whitepaper, Qurrex almost completed the demo version, and is finishing the development of a high-performance match module, whose public costs will be tested in mid-January. The Qurrex has a balanced and interesting token economy. According to the simulation scenario, the value of future discount figures per 1 token issued ranges from 3.3 to 13.6 USD in the first year of project implementation and from 11.8 to 222 USD for 5 years

Qurrex is the first hybrid cryptocurrency exchange that combines three trading systems :

• The concentration of cryptocurrency is concentrated professionally
• A unique decentralized cryptocurrency exchange for
• A unique decentralized cryptocurrency exchange for liquidity providers, consisting of thousands of new generation Mini-exchange trading terminals.

The development team that has successfully created the top exchange system, declared the project mission as follows :

• Integration of the Qurrex platform into the traditional trading ecosystem, to provide access to markets
• Integration of the Qurrex platform into existing traditional market exchange ecosystems, to provide access to the cryptocurrency market for more than 200 million users and 20 thousand professional players
• the first decentralized stock exchange account with democracy
• the first democratic decentralized stock exchange account with a turnover of more than 10 billion USD a day
• Overcoming all the problems of modern crypto trade "is teething" and provides social trading tools, automation, and
• Address all the problems of modern crypto trade "teething" and the provision of social trading tools, automation, and unique robots for the retail market.

An important part of the Qurrex economy - having QRX tokens - has an accurate and highly competitive function for then accurate and highly competitive functions for a long time and from various buyers. Here is the economic design of QRX

The functionality of this system is built on the basis of algorithms built into the graphical interface. This includes various automatic trading signals. Also, a large number of various diagrams and analysis tools are built into the system.

The company will use blocking technology, which ensures secure storage, full transparency and decentralization. In this case I will not be deep, because my audience has long known this technology. Other systems will have 24 hour technical support, which is very important.

Here is the proposed QRX economic design in various examples.

• QRX VALUE FOR CENTRAL PROFESSIONAL COST

Discount or money back. 20% of the exchange income from the trading commission will be distributed throughout the QRX token collection as a discount / cash-back. This possibility will be useful for active QRX exchange users who want to cut costs associated with their exchange. This is an example of distribution.

Say, the income exchange commission is $ 100, $ 20 which will be distributed evenly among 100 tokens. That means that one token holder is entitled to a 20 cents / cashback discount. But what is the immediate and relatively full-scale economic impact for ecosystem players

• Let's look deeper.

Exchange. 20% of the commission commission is about 50% of net income, which is an important part of the company's business. According to Bloomberg, the world's top 10 currency exchange rates range from $ 400 thousand to $ 3 million a day. That's about $ 150 million to $ 1 billion a year.

The project's hard stamp is $ 55 million ( 70 million QRX ). Taking into account commission costs and asset turnover estimates, one can assume a potential payback period of 5 to 12 months. But the fact is this period is slightly shorter.

We must consider here that estimates have been made based on current cryptomarket parameters, while Qurrex targets professional markets, whose capabilities and volumes are far greater than non-professionals.

Retail market. Currently there are about 10 million users crypto economy. The daily turnover equivalent to one user varies in the range of $ 1,000 - $ 2000, which is equivalent to $ 350- $ 750 thousand a year. The commission fee for a user exchange earns $ 600- $ 1200 per year. To allow average users to earn $ 1200 estimated cost per year, they must deposit less than 600-1200 QRX tokens (once) on the Qurrex exchange. Taking into account market growth, additional token deposits may be required later in quantities less than 300 QRX.

On the one hand, not too much. On the other hand - at an emission limit of 70 million QRX tokens, the total number of users with 1,200 QRX tokens should not exceed 58,333. For now 10 million users exchange cryptocurrency, covering only 0.6%, or every 180 people, for 200 million users of conventional market less than 0.03%, or every 3600 people.

Using this compilation we can come up with a clear understanding of QRX token requests and competition in the retail market.

Professional market. It is likely that rather than the average user, the main beneficiary of the discount / cash-back will be institutional players in the form of FX and traditional brokers, trading companies, liquidity providers, banks and other companies, whose volume of trade turnover is very high.

Let's make an example. An average broker with 10,000 users will pay $ 6-12 million in exchange commission fees annually. Ownership of 1 million QRX tokens will enable to save $ 1-4 million annually, which is practically comparable to 30-100% of net income in this business. For institutional players, the crypto market will be one of the highest margin segments, so ownership of tools that provide long-term savings in the market will be a strategic competitive advantage.

At the emission limit of 70 million QRX tokens, the total number of users with 1 million QRX tokens should not exceed 70. For 20,000 traditional market users, this is only 0.35% or every 250 people.

Financial lease. The special trade exchange feature of the Qurrex provides the possibility to operate token tokens token QRX tokens to enable QRX token owners to make a nominated interest rate advantage in highly liquid currencies ( USD, EUR, BTC, ETH, QRX ), while QRX Token tokens earn discount / money back for commission fee for a certain period of time.

So, the owner of an inactive QRX token transacting on the platform can still use it. They will earn a passive income thanks to a secure transfer token for temporary use by third parties. In accordance with our estimates, the rental fee shall not be less than 50% of the discount / cash redeemed for the rental period.

https://youtu.be/-4WUhYQApa8

In addition to the apps listed above, a QRX token will be used :

• As an exchange asset - Quotation QRX will be listed for secret key and fiat key. Therefore tokens will have attributes of market goods with high liquidity, with market prices subject to change due to an increase in exchange rates. This function will mainly be requested by exchange speculators ( professional traders ), hedge funds, investment banks, trading companies, etc. What is the benefit of the economic agent's expectations ( volatility ).
• the QRX token will be a means of payment for any Qurrex exchange service on the market ( current exchange rate ), and in this case we expect demand growth from the token transmitter ( ICO ) and HFT trader ( co-location zone )

The fundamental factor affecting the token market price is the economic result of the Qurrex exchange (trading volume and trade exchange cost) and market participants' expectations of future parameter fluctuations. The project team believes that the Qurrex will be one of the best 3 currency exchanges, and this is only a matter of time, even relatively quickly.

QRX VALUE FOR DECENTRALIZED EXCHANGE

The concept of a decentralized Qurrex exchange suggested by the team is aimed at finding a solution to the current major issue of decentralized exchanges - the absence of trade volume.

The solution is to create the first decentralized cryptocurrency exchange with a turnover of more than $ 10 billion per day. Currently the mutual turnover of all decentralized exchanges is less than $ 10 billion per day, which is less than 0.1% of the daily crypto market turnover. If we assume the pair is very liquid ( eg ETH / BTC ), it will be several times less than that.

Complementing this, rather than simply consisting of technological aspects ( atomic transfer or speed ), the means to overcome the economic aspects. The problem is that there is currently no decentralized exchange that will economically encourage liquidity providers to participate in trade organizations by providing liquidity. Therefore, the essence of a decentralized Qrex exchange is a liquidity circle, which because of its function is a kind of interrupted exchange capable of compiling a list of requests and achieving equilibrium.

The owner of the liquidity node may receive income by :

• commission costs in the context of distribution for liquidity needs and client liquidity management.
• off-chain commission fees to provide leverage, repo, access to systems and other services.

The decentralized system of Qurrex is designed to allow thousands of liquidity nodes as part of its structure. It is expected that liquidity providers will continue to earn at least a few hundred thousand dollars to several tens of millions of dollars per year by providing liquidity for niche tools paired with high liquidity currencies.

By taking an above-average broker with 10,000 users, we can estimate that they will earn $ 6- $ 12 million dollars a year from their clients in a decentralized crypto hybrid exchange environment.

Liquidity providers - who they are

In their traditional markets are banks, specialized financial intermediaries, large brokers, market makers. In a crypto economy it is possible to add large miners, mining, and niche niche niche niche owners to that list.

The right to create a liquidity node can be obtained only in return for a QRX token by the formula :

The value of the QRX token in a decentralized Qurrex exchange lies in the fact that in return for having a liquidity knot, it is possible to gain some kind of active and passive income. Demand is guaranteed to be awarded from various players, such as institute participants, large miners, mining, owners of significant stacks of cryptocurrency ( altcoin ). Only a few thousand participants have a liquidity knot.

QRX and its role for the trading terminal

The trading terminal or Qurrex middleware will provide a series of trading services for b2c. For example, such as algorithmic trading, autofollow, trading signals. Socialized merchants - small QRX owners - can gain access to this service at a discount or, in some cases, for free. Also, owners of medium and large QRX stacks will have discount access to b2b information exchange services, such as market data.

It is not possible to purchase a QRX token in retail before pre-sale personal sales. Currently the hybrid crypto exchange team interacts with and processes institutional investor orders only.

According to the plan after the pre-ICO settlement in May-June, 2018 a small number of tokens will be awarded to the public sale through a white list with a storage system. Storage system has been launched.

The cost of 1 QRX is equivalent to US $ 1 or equivalent to cryptocurrency. You can buy tokens using Ethereum, Bitcoin, or Litecoin. The total amount to be sold during the ICO is 55 million tokens of 70 million issued, ie 78.6% of the total number of coins emitted.

About token

The token will be called QRX and use the ERC20 standard. Total token capitalization is 70 million, of which 55 are allocated for pre-sales. Token will be used to pay for services and commissions when working with other currencies, and the token holder will receive individual discounts obtained in accordance with the formula found on white paper to regulate the trade. All the references you find at the end of the article. And of course QRX criticism will be referred to as commodity exchange

Token Sales Structure

Token Price : 500 QRX = 1 ETH or BTC / LTC ratio

Details of Bounty Distribution

To follow the bounty of programs organized by qurrex, you can immediately see the thread about the bounty of qurrex in bitcointalk, which means you will have the opportunity to participate in the campaign and be able to get QRX Tokens by continuing to support the current Qurrex project, the prize amount allocated around 1610. 000 QRX ~ 1.610.000 USD for this prize campaign:

• 25% for bounty Signature Campaign
• 20% for reward Reddit campaign
• 12.5% for the prize
• 12.5% for Twitter bounty
• 17.5% for Youtube & Articles
• 10% for Telegram prizes
• 2.5% to subscribe to YouTube bounty

Token Sales Details

To follow the token sale qurrex you can register directly on the sale of qurrex tokens:

• Symbol : QRX
• Standard token : ERC20
• Token type : utility
• Total token supply : 70m
• Total tokens on sale : 55m
• Total token for pre-sale : 17m

Qurrex has been designed to create a suitable gateway for professional traders in traditional financial markets for the crypto economy and to meet the challenges of exponential growth in cryptocurrency trading. The new platform will integrate centralized exchange based on enterprise technology from traditional stock exchanges with a centralized network of thousands of liquidity nodes with partial exchange functions for miners, brokers, liquidity providers and other institutional players.

Matthijs Johan Lek, CEO of Qurrex says :. " We look forward to working with Andromeda Group to strengthen our capabilities and allow us to deliver new features to our new product. This is an important milestone in the journey of the Qurrex to become the first professional and true global platform of cryptocurrency hybrid "

Roadmap

Chairman of the Qurrex Team

This company is made by professional team for professionals! They want to share much of their experience about the manufacture and operation of platforms that will withstand high loads, which can not be handled by many resources.

The founder and CEO of the company is Mathhijs Johan LEK. He has worked in finance for over twenty years, including investment banks, brokerage services, and business development. He also leads a team of professional traders and advisers with a wealth of experience in the foreign exchange market, specializing in trading strategies, algorithms, and trading bots. Recently, the team is actively studying the crypto currency industry.

Advisors And Partners

Conclusion

Judging by the professional team and the white paper, I concluded by myself that if ICO is successfully completed, the platform will significantly increase trading in crypto-loans, both for whales and newcomers in this field. For example, for the first time I saw the idea of ​​creating a decentralized exchange platform based on traditional exchanges. Qurrex should start in the world of exchange without "brakes" and successful trade, the more the team continues to develop and create partnerships with other companies, and this is the first sign of serious intentions.

And I, in turn, wish the project and his team success, development and, of course, the successful completion of the ICO. I would love to follow the news, and wait for the high-speed trading platform

For detailed information about our ICO, you may also visit our website address below :

• Website : https://qurrex.com/
• White paper : https://goo.gl/ZmucrR
• Bitcointalk : https://bitcointalk.org/index.php?topic=2899211
• Twitter : https://twitter.com/qurrex
• Facebook : https://www.facebook.com/qurrex/
• Telegram : https://t.me/qurrex_chat&https://t.me/qurrex
• Medium : https://medium.com/qurrex
• Youtube : https://www.youtube.com/channel/UCYAsSGdCEHA96fUJWWGDL5g
• Github : https://github.com/Qurrex

Author Article : Boyambon07

BitcoinTalk : https://bitcointalk.org/index.php?action=profile;u=1505254

ETH : 0xE4Dcb7142A7fB9E3090059B69CedfEb88B2D2690