Kertasi: QUIFAS Xchange

What is Quifas?
Quifas is a secure innovative cryptocurrency exchange built for the people. It is user friendly, highly scalable, ultra-fast and offers exceptional customer service.

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 current exchanges and their users are facing.

Lack of Customer Service
Inadequate Infrastructure to Scale
Security Breaches
Low Withdrawal Limits
Delayed Account Upgrades
Liquidity Issues
Inefficient Multilingual Support

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 convenient to users. 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

even 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 their funds 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.

Quifas Goal
Quifas Functionality
Revenue Generation

Quifas Tokensale

Platform : Ethereum (ERC-20 Token)
Start of token sale : 9 March
Soft cap : 3 000 000 USD
Tokens issued : 200 000 000 QFS tokens
Hard cap : 35 000 000 USD
Basic Price of 1 QFS token : 0.40 USD
Payment method : BTC and ETH
Minimum contribution : 0.1 ETH

Distribution of raised funds

Quifas Platform Development - 40%

40% of the funds generated during token sale will be used for the development of the quifas exchange platform. This will enable us build a scalable, highly secure, world class platform with a friendly user interface that will support multi-platforms such as Web, iOS, Android on PC, Mac, Tablets and Smartphones while offering traders unique features such as trailing stops, trailing profit targets, simultaneous entry of buy orders, stop loss and take profit, market news section.

Marketing, PR and Branding - 30%

30% of the funds generated during the token sale will be used for marketing public relations and branding of the exchange. This will help in the acquisition of new customers, customer retention.

Liquidity Fund - 20%

20% of the funds generated during the token sale will be held in reserve for contingencies and other miscellaneous or unforeseen expenses that might arise. targets, simultaneous entry of buy orders, stop loss and take profit, market news section.

Legal - 10%

10% of the funds generated during the token sale will be held for ongoing legal advice.

Token Holders Benefits:

Zero Trading Fee

Token holders will be able to use Quifas token (QFS) to buy other crypto assets on the Quifas exchange with zero trading fees

Trading Fee Discount

Holders of QFS tokens will be entitled to discount on trading fees on the exchange.

Listing of new coins

Our exchange is focused on serving the people's needs, therefore QFS Token holders will have a say on which coins get listed on the exchange.

Conclusion
As a result of this surge, there has been a huge demand of cryptocurrency exchange platforms by users in order to be able to invest and/or trade cryptocurrencies. The current state shows that many of the leading cryptocurrency exchanges have struggled in dealing with the abrupt surge in demand for their services. For instance, one of the biggest exchanges added over 250,000 users in one hour after temporarily restoring registration for new users while some added an average of 100,000 new users per day in the last quarter of 2017.

Some exchanges have overhauled their systems to improve their scalability, while others have temporarily stopped opening new user accounts. Nearly all exchanges have had to grapple with periodic outages and performance issues during the more than 10-fold increase in the price of bitcoin and the price of other digital currencies.

This opens a huge opportunity to launch a new trading platform with unique functionalities to help with the surge in the demand.