QUIFAS EXCHANGE

Maret 06, 2018

The high volatility of the cryptomarket allows investors and traders to draw enormous profits. This attracts a stable flow of new "players". As a result, the number of users on cryptocurrency exchanges is always increasing. Besides that, new cryptoassets are emerging on a regular basis. Since the introduction of the blockchain, their growth has become exponential.

As a result of increase in trading demand, many cryptocurrency exchanges are not capable of handling the increasing volume, especially during peak times. Others are losing their competitive edge in the light of changing market conditions.

Current problems

In order to create a new cryptocurrency exchange capable of taking a leading position amongst existing competitors, a careful analysis of their current problems was undertaken.

It can be stated that practically all functioning cryptocurrency exchanges and their users run into a list of serious problems.

As new investors are flooding the market, the current exchanges are having difficulties keeping up with the huge demand and many of them are closing the doors to new investors.

Below are some of the main difficulties that are currently exchanges and their users are facing.

Quifas Solution

Quifas is an innovative cryptocurrency exchange, which will eliminate current market issues.

Users will have access to a very intuitive interface on the platform, and the exchange's staff will provide efficient support services in regards to all queries. Support will be provided in a language.

The integration of the newest technological solutions will allow Quifas to execute up to 2.5 million transactions per second. This will ensure that the system will operate at full capacity during peak load times.

Aside from this, Quifas cares for the security of its users and is taking all of the necessary measures in order to protect them from hackers and scammers.

All of this combined with new, unique solutions will allow Quifas to become one of the best exchanges on the market.

Market capitalization

The cryptomarket is developing at a swift pace. Its capitalization during 2017 grew by over 30 times, and towards the end of January 2018, it was over $ 500B.

The chart below (Fig. 1) summarizes the growth in market capitalization cryptocurrencies for the past five years.

Besides this, new cryptocurrencies, or tokens, are appearing on a near daily basis. There's already over 1500 of them. And their quantity will continue to grow in the future, as an increasing amount of projects are using ICO's as a way of acquiring financing.

The cryptomarket capitalization will increase alongside ICO popularity. The market

capitalization of many cryptoassets is already in the billions. At the same time, a thousand fold ROI is an ICO or the creation of a new cryptocurrency is quite a common occurrence.

Token Sale

The Quifas Tokens (QFS) - The Quifas Exchange will have a maximum supply of 200 million. The Quifas token is an ERC 20 token issued on the Ethereum Blockchain and will be supported by all Ethereum wallets.

Token Benefits

1. Zero Trading Fee

Zero Trading Fee for all Purchases with QFS Tokens for Life Quifas token (QFS) to buy other crypto assets such as Ethereum, Bitcoin, Ripple, etc on the Quifas exchange with ZERO TRADING FEES FOR LIFE.

For example: Purchase of 1 ETH using QFS tokens will incur ZERO TRADING FEES. Purchase of 1 BTC using QFS tokens will incur ZERO TRADING FEES.

Trading Discounts for Non-QFS Token Transactions

Token holders will be able to pay trading fees for non-QFS token purchases at a great discount if fees are paid using QFS Tokens.

An initial proposed discount structure is as follows:

* Year 1 - 60% Year 2 - 30% Year 3 - 15% Year 4 - 7.5%

* Discount structure can be adjusted based on prevailing market conditions.

For example: Purchase of BTC with ETH on the platform.

This should normally attract a 0.1% Fee but if the trader decided to pay the fees using QFS tokens they will get a 60% discount off the 0.1% Fee in Year 1. Therefore paying 40% of the 0.1% Fee and saving 60%.

For example: Purchase of 1,000 BTC with ETH will be as follows:

Normal Fee (Non QFS Tokens Pmt): 0.1% * 1000BTC = 1BTC

Discounted Fee (With QFS Token Pmt): (100-60) * 0.1% * 1000 BTC = 0.4BTC

Selection of New Coins To Be Listed

Our Platform is dedicated on serving the people's needs, therefore QFS Token holders will have a say on which coins get listed on the exchange. For example, every single day of the month, users will be asked for their coins. Recommendations will be considered on the selection of coins to be listed on the exchange.