QUOINE LIQUID Platform
The first thing to consider before making any investment decision is liquidity of an asset. To make it simple, liquidity means how easily and quickly you can convert your asset into cash. The same rules apply in the crypto world. Today any crypto token investor faces a challenge every time they want to exchange their currency, as even the top cryptocurrency exchanges offer different crypto token pairs, so you have to open and manage few accounts, let alone the problems of converting cryptocurrencies to fiat.
SOLUTION
QUOINE is solving this problem by merging its existing products:
QUOINEX , one of the largest cryptocurrency exchanges in the world, and
QRYPTOS, a secure trading and exchange platform
into a single QUOINE LIQUID Platform.
New platform will be launched on September 02, 2018. The integration will take less than 24 hours. Anyone with an existing account will automatically become a Liquid account holder.
QUOINE LIQUID Platform is the world's friendliest crypto exchange for all crypto investors - individual and institutional, as well as token issuers and token holders.
The Platform is intended to also solve a problem of the price volatility, due to which traders have to transfer their assets from one exchange to another, searching for the best exchange rates.
QUOINE LIQUID will increase liquidity in the crypto market by providing sophisticated tools necessary for buying and selling cryptocurrency more effectively - World Book and Prime Brokerage.
[QUOINE LIQUID Platform]
WORLD BOOK
World Book is a book that aggregates information on orders and prices from multiple users all over the world, thereby enabling any trader to see an order of interest in the currency of their choice. It also helps to solve the problems of Liquidity Silos (when liquidity is available only for a user of a particular exchange) and Underserved Markets (markets that cannot support their own liquid Crypto Token as they are not big enough).
World Book consists of the internal order book and external aggregated order book, using FX market for creating fiat-crypto pairs never existed before.
The World Book is supported by three technologies:
- Matching Engine (ME)
- Cross Currency Conversion Engine (CCCE)
- Smart Order Routing (SOR)
ME allows to process few million transactions per second. It includes a scalability feature enabling to add new pairs of currencies once they appear.
CCCE provides automatic and almost instant conversion of currencies plus it allows to source liquidity from multiple places that are not normally matched.
SOR is what will help to find matches on external exchanges, shall no match be available internally.
PRIME BROKERAGE
Prime Brokerage will grant you access to all exchanges of the World Book with no need to create a separate account on each of them. In addition to that, you will easily transfer the fiat, as QUOINE has created a wide network of relationships with banks all over the world, including Japan, USA, Europe, Singapore, Indonesia and the Philippines.
With Prime Brokerage, you can also extend your Crypto/ Fiat Credit facility.
The LIQUID Platform will be really user-friendly. It will enable a trader to sell and buy crypto tokens very easily, using even the fiat of various countries, if required. You should just customize the user interface and select the pairs and tokens you want to trade. All transactions will be processed automatically by smart-contracts, so a buyer and a seller will surely find each other.
QASH - QUOINE LIQUID TOKEN
QASH is an ERC20 token to be used for two main functions: - paying for services on all QUOINE platforms;
- buying and selling it as Crypto Token on the open market.
In addition to that, QASH can be used by other companies for their business needs as a crypto token, such as BTC, ETH or XRP.
QASH BLOCKCHAIN
Being initially built on Ethereum’s ERC-20 token standard, but by Q2 2019 QUOINE is planning to create its own blockchain (QASH BLOCKCHAIN), where all QUOINE services will be shifted to. QUOINE believes that by doing so it will be able to provide the most sophisticated tools necessary for creating a scalable platform for providing advanced financial services with unparalleled security.
QUOINE Company
QUOINE was founded in 2014 by Mike Kayamori (CEO) and Mario Gomez-Lozada (President and CTO). In total, the team members of QUOINE have more than 250 years of experience in finance and technology. The company has a clear vision and impeccable reputation.
The competitive advantage of the LIQUID Platform is that its Token offering is a real product backed by a QUOINE - the first global exchange officially licensed by Japan Financial Services Agency. QUOINE is located in Japan where cryptocurrency transactions are legalized by the government ensuring stable operation of the company.
QUOINE LIQUID Platform is an ambitious project that will improve the entire crypto industry by solving its fundamental problem - liquidity - using the most state of the art technologies.