image sourceBeyond doubts, Quoine is one of the most prominent, efficient, and reputable platforms. One of the major reasons why Quoine has reached this height is because of their 100% cold wallet storage which means that all funds are kept offline for the safety of its users. This bold step that's taken by Quoine is for the security purpose of their users, as other exchanges cannot provide a well-secured platform for its users. Before manual withdrawals are being made, several signoffs are taken from their senior members of staff.
The world of cryptocurrency is slowly evolving and growing, and we're taking the direction of a token economy. Cryptocurrency has been seen as the future, and as such, several measures must be taken to provide security for the users of any cryptocurrency exchange. Customer's assets, ranging from cryptocurrencies to precious metals and many more should be properly protected and secured, not just that, where the funds are being kept must also be revealed to the customers. There are a few exchanges currently that can provide these benefits for the purpose of security for its users. It is very important to trade on an exchange that you can trust, and Quoine is one of the exchanges that have all these features.
It is well known that the blockchain revolution has just started, we're yet to see the best cryptocurrency project, although the best cryptocurrency projects seem promising, and as such, we're expected to see thousands of people dive into the industry. With the influx of people into the crypto world, the masses are expecting a reputable exchange that can accommodate thousands of people and also be able to carry out swift and efficient transaction activities.
Reasons Why Qash Is The Next Big thing
Qash, pronounced "cash" is the native currency that is used to carry out trading activities on the platform, as well as an avenue to join in the platform's liquidity pool.
1. QASH and QUOINE are backed by the Japanese government
Quoine, which was founded in Singapore and has its headquarters in Asia is responsible for the very first licensed crypto exchange in the word, Quoinex. It is a cryptocurrency exchange that met the standards set by the Japanese Financial Services Agency(JFSA). Qash was recognized as a legal cryptocurrency by the JFSA and as such, the cryptocurrency is on the same level as the likes of Bitcoin, Ethereum, Ripple and many more. This is very important because Japan has fully embraced the crypto-economy, and with this, Qash can only have a bright future ahead.
2. They Have An Amazing Team Who Are Major Players In The Fintech World
The amazing platform possesses a team with over 250 years of experience in both Finance and Technology. The team also have a good record in Forex IT, Algos, FICC (Fixed Income, Currencies, and Commodities), Equity Trading System and Forex Trading- and are all skilled in the internet and mobile technology. The CEO of Quoine, Mike Kayamori has over 20years of experience in business management, investments, venture capital, and IT, while the Co-founder, Mario Lozada spent over 13 years at Merrill Lynch in Japan. They also have amazing and talented coders, auditors, customer services and many more.
3. The room for growth is huge
Qash has been envisioned to be among the top 3 market cap cryptocurrency and anything less will be a huge disappointment, that's according to the CEO, Mike Kayamori. Qash is used across all of Quoine's services which includes Qryptos, Quoinex, and of course, Liquid. But with the inconsistent nature of the liquidity, demand for Quoine's service will depend on the value of Qash. It is also envisioned that Qash will be the most preferred method of payment for financial services, making it the Bitcoin of the financial world. Over time, other financial institutions and startups will adopt Qash as a method of payment while the utility will keep growing.
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Disclaimer:
Many of the findings on this article are researched and are based on my own opinion. I am not a financial adviser and as such, I'll welcome any debate.