QASH – Liquid Cryptocurrency

yuvadeep (50)in #cryptocurrency • 6 years ago

Hello,

Cryptocurrency Introduction : -

The Year 2009 which is a very memorable year in the history of the trading market and financial services because till the year 2009 nobody knows what cryptocurrency is, but for the first time ever in the history of mankind, a new revolution has begun with the name called as BITCOIN. A digital currency challenging the traditional stock exchange platforms and existing financial services where the transactions are secure, private and transparent processed within a fraction of a second.

BITCOIN has given a new definition to the trading world and introduced a new bunch of opportunities for trading enthusiasts and influenced many trading professionals other investors globally to emerge a number of cryptocurrencies, cryptocurrency exchange platforms into the market.

Even in this enormous growth, one major problem or I would say it is a curse to the cryptocurrency market i.e. Liquidity. When can we call a company is running successfully for example if it has a number of employees or more branches or more infrastructure not only cryptocurrency markets even in other business platforms if any company is able to finance or liquidate the needs of the employees, investors, shareholders etc on time.

Because Liquidity fulfils the financial needs to run the business successfully and saves the company from the short-term commitments. If the company fails to liquidate its dependants on time then we call it is not a successful or reliable company or business.

QUASH : -

Quinone is the first ever liquid cryptocurrency exchange platform globally which is licensed by the Japan FSA. Quinone Company is running two global cryptocurrency exchange platforms called Quoinex and Qryptos . The Quinone Company cryptocurrency is called as QUASH which is an ERC 20 Token.

QASH token is being used on both the platforms of the Quinone company and enables the users to pay the services on all the platforms including the Quinone company platforms and it enables the users to trade as a crypto token in all the existing cryptocurrency platforms worldwide existing today.

Quoine Solution for Liquidity Problem : -

The main motive of introducing this platform is to provide liquidity to the non-liquid crypto market. The Quinone team designed this cryptocurrency exchange platform with World Book and Prime Brokerage concepts. World Book is a single globally sourced cryptocurrency trading platform whereas Prime Brokerage provides combined series of financial services which enhances the users to access the highest level of liquidity.

World Book : -

World book is a multi-market order book, which accumulates all the orders & prices of world’s different liquidity sources on to one single platform and makes it into a highly liquid tradable order book which enables the users to allow orders in the currency of their choice. The world Book is designed to solve the basic 2 problems which are facing by the crypto traders. One is exchanging the cryptocurrency with their home countries currency and the other one is underserved markets.

For example if anyone want to exchange their cryptocurrency tokens directly with their home countries currency depending on the current demand there may not be such combination available to exchange at the user-defined price and the ones who are holding their cryptocurrency tokens in a smaller exchanges (underserved markets) even they cannot expect their defined price at their defined exchange combination.

And these two major problems are solved by the World Book concept by connecting these exchanges and orders into a single point of liquidity which allows the users to exchange their crypto tokens in their desired currency.

Prime Brokerage : -

->Prime Brokerage enables the users for combined series of financial services and reduces the counterparty risks.

->Prime Brokerage increases the ROI, which includes direct market access, Fiat management and credit facility.

->Prime Brokerage with the Smart Order Routing technology (SOR) helps the users to get direct market access and connectivity to all the esteemed global exchanges instantly.

Benefits through World Book & Prime Brokerage : -

Reduction of Counterparty Risk : -

->As I earlier said Quinone is the first ever liquid cryptocurrency exchange platform globally which is licensed by the Japan FSA (Financial Services Agency), Quinone saves the users from the counterparty risks because in Quinone platform the counterparty for the users will always be Quinone. Because once after becoming the Quinone user, it enables the users to have the direct access to the world’s largest liquidity pool and to trade all the existing digital currencies at one place with more benefits by using a single account.

Increases the Capital Efficiency : -

->Quinone platform enables the users to deal with other exchanges without shifting their funds directly because Quinone’s funding facility helps the users to transfer their funds instantly both in the form of Fiat and crypto Tokens.