Quoine| An Overview Of The Platform And Its Native Currency- Qash
Between 2011 and 2018, about $1.7 billion worth of cryptocurrency was lost to both hackers and scammers, due to lack of security. Since the emergence of bitcoin in 2009, people have been falling into the hands of both scammers and hackers. Not enough people are talking about establishing a means that will keep this scammers and hackers at bay, who at this point, have been given a free ride over the years. There are no easy solutions to this online theft, but there are measures that can be taken to reduce it.
As the world of crypto continues to grow and evolve, and we're slowly entering into a token economy. We cannot continue to adhere to the neglect shown by many crypto exchanges. Of course, cryptocurrency is the future and as such, there must be a tight and serious security that should be placed on those transacting cryptocurrencies. As the crypto world grows, exchanges should do all they can to protect their customer's assets, and how your funds are being kept should also be revealed to you. We're all amazed by the contests and giveaways, but what's most important is trading on an exchange you can trust. A reputable exchange that is promising shouldn't be overlooked.
Quoine, one of the most prominent exchanges is built around a strong and secure platform. One of the decisions they've made is the adoption of a 100% cold wallet storage. This entails that all the funds are kept offline. Quoine is one of few exchanges, if not the only exchange to take this bold stop for the sole purpose of securing the funds of their users. Withdrawals are manually operated and involve numerous signoffs from their senior members of staff. This amazing approach by Quione is the sole reason where they were granted the license by the Japanese Financial Services Agency.
Getting To Know Quoine
Quoine is a Fintech company that specializes in finance. The company was founded 4 years ago with the sole aim of creating a balance in the financial sector. We've been experiencing incompetence in numerous industries all over the world, so, they decided to build a reputable financial platform using technology. The platform is also a leading Fintech company that deals in exchange and services on the blockchain. What then is a fintech company?
Quoine is also a company with over 15 million dollars in annual revenue and is a licensed crypto exchange in Japan, as earlier stated. They are the very first crypto exchange to be licensed by the Japanese Financial Services Agency. This insinuates that it has legal access to all the customers throughout Japan, and with the license, they can gain legitimacy all around the world, not just in Asia. The Quoine project is otherwise called Liquid which simply is an exchange.
Quoine is also a Bitcoin trading platform for crypto holders to carry out trading activities. Before now, the brand "Quoine Exchange" is an exchange where buyers and sellers of virtual currencies trade in a safe and secure environment. It'll interest you to know that the exchange recently rebranded as Liquid which means an exchange. Additionally, Quoine is a leading fintech company that creates a next-generation financial service on the blockchain technology. Having been rebranded as Liquid, they aim at providing a liquid platform that's triggered by their native currency - QASH.
What Is Qash?
QASH is the native currency that's used in carrying out trading activities on the Quoine ecosystem. It is the token that makes it possible for accessing the various services that's created by Quoine through their Liquid platform. Qash is equally a token that is issued on the Ethereum blockchain by Quoine.
Adopters of the platform's token may also obtain discounts, promotional products, and liquidity distribution just by holding the Qash token. Qash can also be used by other firms and organizations. Recently, the price of Qash rose to about $1.48. The token is available on reputable exchanges like Huobi and Gemini.
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.
Thanks for having me again. Until next time, I am @osigbhemeh.
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