目次(Table of Contents)

In this article we will introduce the characteristics of the handling currency of the cryptocurrency exchange QUOINEX and the respective cryptocurrencies.

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''QUOINEX'' is a Japanese cryptocurrency exchange, and it seems that some people are thinking about establishing an account, becoming a topic by news raising from JAFCO and the news which carried out ICO while exchanging.

Some people who reached this article want to know as follows:
"Do you want to know the cryptocurrencies that ''QUOINEX'' handles?"
"What are cryptocurrencies that supports QUOINEX's leverage transaction?"
"What is the character of the handling currency of ''QUOINEX'' ?"

Therefore, in this article we will explain "handling currencies of ''QUOINEX'' and their characteristics".

A sort of Handling currencies of QUOINEX is 8



Handling cryptocurrencies of ''QUOINEX'' are as follows:

As for Bitcoin(BTC), both spot trading and leverage transaction are allowed.

As for BitcoinCash(BCH), only spot trading is allowed, not leverage transaction.

As for Ethereum(ETH), both spot trading and leverage transaction are allowed.

As for Ripple(XRP), only spot trading is allowed, not leverage transaction.

As for XEM(XEM), only spot trading is allowed, not leverage transaction.

As for LiteCoin(LTC), only spot trading is allowed, not leverage transaction.

As for EthereumClassic(EHC), only spot trading is allowed, not leverage transaction.

As for QASH, both spot trading and leverage transaction are allowed.

In QOUINEX, the currencies handled in spot transactions are all four types, but in leverage transactions it is possible to use Bitcoins, QASH, and Ethereum.

We will introduce the features and future of each currency handled by QUOINEX from the next paragraph.

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QUOINEX's handling currencies
① Features of Bitcoin (BTC)




Bitcoin has been developed as digital currencies that can be established even without reliable issuers (government, banks, etc.), and is used for settlement and remittance.

It is the currency that triggered the invention of blockchain technology and is a cryptocurrency that was made to facilitate economic activities such as settlement and remittance.

For the basic information of Bitcoin, please see the table below.

Unique currency: BTC
Consensus Algorithm: Proof of Work
Issuance limit: 21,000,000BTCs
Approval time of transaction: About 10 minutes

Future of Bitcoin

Bitcoins have a scalability problem in the present.

The scalability problem is a problem caused by an increase in users (transaction data) and a block (box for storing transaction data) set to 1 MB, which is a serious problem causing settlement and remittance delays.

In order to solve this scalability problem, the introduction of lightning network and sidechain technology are being studied, and usability of Bitcoins is expected to rise.

QUOINEX's handling currencies
②BitcoinCash(BCH)



BitcoinCash is a cryptocurrency that is divided (derived) from bitcoins, and the basic mechanisms are similar in many parts.But due to the scalability problem of bitcoins, BitcoinCash was the cryptocurrency arisen with the aim of a more convenient currency.

Specifically, while the size (data capacity) of the block storing the transaction data of the bitcoin is 1 MB,
in the BitcoinCash, it is 8 MB and the block size is enlarged, so as to avoid a clogged remittance and a surge in the commission we will.

For basic information on BitcoinCash, please see the table below.

Unique currency: BCH,BCC
Consensus Algorithm: Proof of Work
Issuance limit: 21,000,000BTCs
Approval time of transaction: About 10 minutes

Future of BitcoinCash



Contents planned temporarily are as follows.

・Expansion of block size
・Shorten block creation time
・Change generation method of block
・Improvement of difficulty adjustment algorithm (DAA)

With this update, realization of small payment (micro payment) is expected.

QUOINEX's handling currencies
③Ethereum(ETH)



Ethereum is developed as a platform for creating decentralized applications and has the feature that it implements Smart Contract.

A decentralized application is an application (service) that anyone can freely use without having a centralized administrator (such as a company).

・Features of Ethereum

Smart Contract
= It is a mechanism by which transactions and contracts are executed automatically without intervention by a person, and vending machines fall under smart contracts. In the vending machine, the contract "if you push enough money, you can get a drink if you press the button" is being executed without mediation.

Use your own programming language Solidity

Unique currency: ETH
Consensus Algorithm: Proof of Work
Issuance limit: No setting
Approval time of transaction: About 15 seconds

Future of Ethereum



In order to enhance the convenience of Ethereum, it is decided that 4 stages of update are carried out beforehand.

Currently, two updates are executed, and the first stage update of the third stage update stage (the third update is divided into two further stages) is underway.

Since it affected the price at the time of the last update, it is recommended to pay attention to update information to be done in the future.

QUOINEX's handling currencies
④Ripple (XRP)



Ripple is a remittance system developed to solve the problems of existing international remittances such as "time required for remittance" and "high remittance charge".

It is XRP of its own currency that is used in this system.

XRP has a role as a bridge currency in addition to ripple system usage fee.

The bridge currency is the currency that will pass the bridge when mutually exchanging statutory currencies such as yen or dollars, the cryptocurrency such as and Bitcoins.

・Features of Ripple

Unique currency: XRP
Consensus Algorithm: Proof of Consensus
Issuance limit: 100 billion XRPs
Approval time of transaction: About 3 seconds

Future of Ripple



In December 2017, it was announced that a remittance experiment using ripple between Japan and Korea will be started.

This verification experiment has already been started.

If you succeed in this experiment, Ripple is actually used for international remittance and expectation is rising for the future of ripple.

QUOINEX's handling currencies
⑤Nem(XEM)



Nem is a platform for creating services using block chains, developed for the purpose of improving existing services provided by companies.

・Features of Nem

Block generation time is about 1 minute (approval of transaction data is early)
→ Compared with 10 minutes of bit coin block creation time, the approval time of the transaction is much faster

Proof of Importance
→ It becomes easier to do harvesting depending on the amount of coins held or the frequency of use

For basic information on Nem, please see the table below.

Unique currency: XEM
Consensus Algorithm: Proof of Importance
Issuance limit: 8.9 billion XEMs
Approval time of transaction: About 1 minute

Future of Nem



In the future, it is planned that the technology called catapult will be implemented in Nem.

When catapult is implemented, it is said that processing speed of trading improves, it is said that 4000 transactions in a second can be processed, the processing capability of bit coin is 14 transactions in a second, and ripple with fast approval rate is said to be 1,500 transactions per second I think that you can understand that it is considerable processing power.

QUOINEX's handling currencies
⑥Litecoin (LTC)



Litecoins are virtual currencies developed to shorten the "time taken for settlement and remittance" of bitcoins.

There is an opinion that Litecoins are more suitable for everyday use than bitcoins, as the time required for settlement and remittance is completed in 2.5 minutes (1/4 of bit coin).

・Features of Litecoins

Approval time of block (transaction data) is 2.5 minutes
→ 1/4 of bit coin

We are using encryption technology called Scrypt
→ Bit coin is SHA 256

84 million cards whose issue number is four times the bit coin
→ 21 million bitcoins

For basic information on Litecoins, please see the table below.

Unique currency: LTC
Consensus Algorithm: Proof of Work
Issuance limit: 84 million LTCs
Approval time of transaction: About 2.5 minutes

Future of Litecoin



Litecoins are aimed at scale-up (user expansion) by utilizing lightning network and atomic swap technology.

Though it may be lower in recognition than bit coins and etheriams, it is expected that the value will increase due to the progress of technology and the increase in name recognition.

QUOINEX's handling currencies
⑦EthereumClassic(ETC)



Because of the DAO incident, the original Ethereum was divided into the current Ethereum and the EthereumClassic.

・Features of the EthereumClassic

Issuance upper limit is set

Decrease set
→ Reduction period means that the new issue volume decreases periodically

For basic information on the EthereumClassic, please see the table below.

Unique currency: ETC
Consensus Algorithm: Proof of Work
Issuance limit: 210 million to 230 million ETCs
Approval time of transaction: About 15 seconds


Future of EthereumClassic



Although there was a problem of how to differentiate between EthereumClassic and Ethereum, it is planned to be utilized for IoT in the future.

IoT is a mechanism that enables users to operate from remote locations or directly communicate by connecting to Internet lines by incorporating electronic devices such as sensors into objects.

It is expected that the value will be raised by using the Ethernet classic in the IoT area.

QUOINEX's handling currencies
⑧QASH



QUOINEX has a new function called "LIQUID platform" and issued its own token to provide financial services that further enhance the liquidity of the virtual currency.

The project name is called "LIQUID (liquid)" and its currency unit becomes QASH.

By utilizing the "LIQUID" platform, the goal such as "to enable trading of the cryptocurrencies and the court currencies of exchanges all over the world by only QUOINEX account login" was realized.

For basic information on QASH, please see the table below.

Unique currency: QASH
Issuance limit: 1 billion QASHs

Future of QASH



LIQUID, which is developed through the procurement of QASH tokens, aims to prepare a platform called "Order Book" to consolidate virtual currency exchanges around the world.

・Points of LIQUID

1. All cryptocurrency exchanges in the world and the orders from overseas exchanges are also able to see trading boards which are all consolidated so that we can actually buy and sell.

2. "LIQUID" enables to trade not only in cryptocurrencies but also in "legal currencies in your country", aiming for "new generation financial services that give liquidity to cryptocurrency markets".

In other words, the LIQUID platform collects Order Books from each exchange worldwide into one and enables people from all over the world to trade on the same terms.

The realization of this new generation financial platform is expected to raise the value of cash.

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Summary of currencies handled by QUOINEX




QUOINEX has a new function called "LIQUID platform" and issued its own token to provide financial services that further enhance the liquidity of the virtual currency.

The project name is called "LIQUID (liquid)" and its currency unit becomes QASH.

By utilizing the "LIQUID" platform, the goal such as "to enable trading of the cryptocurrencies and the court currencies of exchanges all over the world by only QUOINEX account login" was realized.

For basic information on QASH, please see the table below.

Unique currency: QASH
Issuance limit: 1 billion QASHs

Future of QASH



LIQUID, which is developed through the procurement of QASH tokens, aims to prepare a platform called "Order Book" to consolidate virtual currency exchanges around the world.

・Points of LIQUID

1. All cryptocurrency exchanges in the world and the orders from overseas exchanges are also able to see trading boards which are all consolidated so that we can actually buy and sell.

2. "LIQUID" enables to trade not only in cryptocurrencies but also in "legal currencies in your country", aiming for "new generation financial services that give liquidity to cryptocurrency markets".

In other words, the LIQUID platform collects Order Books from each exchange worldwide into one and enables people from all over the world to trade on the same terms.

The realization of this new generation financial platform is expected to raise the value of cash.

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We introduced QUOINEX's handling currency and their respective features.

QUOINEX is recommended, considering the fee of QUOINEX and the expectation for the new generation financial platform.



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