Cryptocurrency market seems to be growing in popularity every day. With the astronomical rise of cryptocurrencies like Bitcoin and Ethereum, there seems to be an influx of people into the market. Many cryptocurrency exchanges can not even afford to have their account creation feature open all the time. Such is the demand for entry into the market that trading account creation for new customers is periodically disabled. Average daily trading volumea of the market are usually in trillions dollars. The total market capitalisation of the entire market stands at more than half a trillion dollars which is an astonishing feat considering the market is less than a decade old.

As cryptocurrencies become more popular and so crypto exchanges are in need. Today we will speak about two of them: Quoinex and Qryptos.

Both exchanges belongs to QUOINE - a leading global fintech company that provides trading, exchange, and next generation financial services powered by blockchain technology. With offices in Japan, Singapore and Vietnam, QUOINE combines a strong network of local partners with extensive team experience in banking and financial products to deliver best in class financial services for its customers.

QUOINEX - crypto-fiat exchange

QUOINEX was launched in 2014 and became one of the largest Bitcoin exchanges in the world by transaction volume. QUOINE offers powerful trading features, a sophisticated user dashboard, and secure regulatory compliance to individual and corporate customers.

QUOINEX provides trading services for Bitcoin and fiat currency pairs in Japanese Yen, US Dollar, Chinese Renminbi, Euro, HK Dollar, Indonesian Rupiah, Philippine Peso, Singapore Dollar, Indian Rupee, and Australian Dollar. QUOINEX has exceeded USD12 billion in transactions in the past two years.

For now most popular cryptocurrencies on Quoinex are Bitcoin, Ethereum, Qash and Ripple. Daily volume is around $120 mln dollars. QASH is the native currency for the QUOINE.
QASH Token Sale had 4,988 participants from 98 countries around the world. At the end of the sale on November 8th at 23:59PM SGT, the allocation of 350 million QASH (the equivalent of 350,000 ETH or USD105 million) was oversubscribed, making it one of the most successful blockchain fintech ICOs globally. It was a huge success and a big step for Quoine.

QRYPTOS - crypto only exchange

In June 2017, QUOINE launched a fully digital cryptocurrency exchange and trading platform called QRYPTOS, exclusively for cryptocurrency trading.

QRYPTOS was designed to make cryptocurrency trading convenient and efficient for everyone from the novice investor to corporate clients. All operational processes on QRYPTOS are fully compliant with global Know Your Customer (KYC) and Anti-Money Laundering (AML) standards. QRYPTOS is also a leading secure ICO listing platform.

For now there are listed many tokens and cryptocurrencies on Qryptos, such as Dragon Coins, Leadcoin, EZToken, Havven. For many of them it is first listing, and it is very good for Qryptos that they are accepting many new tokens almost every day. Daily trading volume is around $18 mln dollars.

QUOINE team & progress

Mike Kayamori (CEO) and Mario Gomez Lozada (President and CTO) founded QUOINE in 2014. Kayamori was previously a Senior Vice President at SoftBank Group and was the Chief Investment Officer of Gungho Asia. Lozada was the CTO of Merrill Lynch in Japan for 11 years before taking the Chief Information Officer role at Credit Suisse Japan.

The combined financial and technical expertise of QUOINE team members stand behind the quality and security of QUOINE's trading platforms and exchanges, which include QUOINEX, QRYPTOS and now QUOINE LIQUID. QUOINE LIQUID will be a revolutionary platform to solve one of the most crucial problems in the global utilization of cryptocurrencies, which is the lack of market liquidity in the crypto economy.

QUOINE is the first cryptocurrency firm in the world to be officially licensed by the Japan Financial Services Agency (FSA). The QUOINEX and QRYPTOS trading platforms perform over $12 billion of transactions each year.

QUOINE is unique in offering this suite of functionality all through one platform. With roots beginning in 2014, QUOINE is one of the oldest competitor as well.

Conclusion

I think, QUOINE will easily change the cryptocurrency industry for the better. The increased liquidity will be good for currencies, great for investors, and amazing for the blockchain industry as a whole.