In the traditional exchange market most of the operations are done by brokers. They make the most significant fiat segment. In the future the same situation will occur in the world of cryptocurrency.
Statistically, traditional (fiat) exchanges have about 20,000 professional players. Primarily we are talking about the institutional market players. They have more than 200 million clients, including traders. As a result global daily fiat assets turnover is greater than 7 trillion dollars. Crypto currency exchanges are not even close to this. The value of the crypto market is approximately $10–30 billion.
However, traditional market players don’t mind working with cryptocurrency. But there is one issue — currently a major player can’t enter this market in a legal way so easily. The issue is not only the legislation and absence of appropriate regulation of the industry, but that the crypto exchanges which exist nowadays are not the most reliable work tool.
Most cryptoexchanges can’t support institutional players with capabilities they are used to — software and work method. Qurrex hybrid crypto exchange developers decided to create a platform designed to satisfy them all — both crypto market and fiat market players.
Qurex
This is a hybrid cryptoexchange that combines the most successful aspects of both centralized exchanges and decentralized systems to form its foundation. The main idea is to provide cryptocurrency market participants with a reliable toolset that is characteristic of the traditional financial sphere.
The developers of the exchange are working on such elements as:
● Reliable, scalable, and accessible tools for working with cryptocurrencies and fiats;
● The ability to integrate cryptocurrency technological solutions with traditional financial market tools;
● A real-time work mode;
● Performance that is comparable with the productivity of the Visa and MasterCard payment systems;
● Adherence of the exchange’s work standards to the standards accepted on financial markets.
One of the most important roles in the Qurrex project is given to the exchange token — QRX. It can be considered as the central element of the platform. The token provides certain capabilities to all of the exchange players, which are hard to overestimate, and they are related to both amateur traders and institutional clients.
- Exchange fees reduction
- Commission fees earnings
- QRX lease passive income
- Speculative income
TOKEN
function will primarily be demanded by exchange speculators such as professional traders, hedge funds, investment banks, trading companies, etc. who profit off of expectations of the economic agents (volatility).
• A payment instrument. QRX token will become a payment instrument for any services of Qurrex exchange at the market (current exchange rate) price, and in this case we expect demand growth from tokens emitters (ICO) and HFT traders (co-location zone)
To find out more information please visit the site:
White paper : https://drive.google.com/file/d/1r1RnRbUFHS1u2CY0NQ4Yo18qLvTXMW2T/view
Telegram channel : https://t.me/qurrex
Telegram chat : https://t.me/qurrex_chat
Facebook : https://www.facebook.com/qurrex/
Web sites : http://qurrex.com/
Username BTT : ubay82
Link BTT : https://bitcointalk.org/index.php?action=profile;u=1760607;sa=summary