Quantic Exchange: The First Exchange In The World That Combines The Security Of A Centralized Exchange With Decentralized Self Custodial Wallets.

Posted On January 10, 2022

Quantic RS, as it is now known, is a team of software developers for financial markets and in the programming of systems based on artificial intelligence that has decided to use the high engineering skills of its developers to challenge the giants of new finance, bringing something truly innovative to the public.

The Quantic exchange was created with the aim of solving what until now had always been the insurmountable problems for decentralized and centralized finance, that is to combine the security of a centralized exchange with the possibility for the user to be the only owner of the keys to their Wallet, thus guaranteeing an extremely high level of security.

Why Having A Centralized Exchange With Decentralized Self Custodial Wallets Is The Ultimate Solution

CEX

As is well known, a centralized exchange (CEX) has total control of the private keys of users’ wallets and total control over exchanges. These are similar to traditional stock exchanges.

The characteristics of security, high liquidity and speed of trading that we all recognize in these exchanges (Not exempt from continuous hacker attacks), however, present several inconsistencies with the cardinal principle of decentralization on which the cryptocurrency sector is based.

In centralized exchanges a user has a series of limitations on his account, which requires a KYC (Know Your Customer) recognition and is subject to continuous AML (Anti-Money Laundering) control, which makes CEX much more similar to a classic bank.

DEX

With the aim of not losing the primary purpose for which Bitcoin was born, decentralized exchanges (DEX) were born.

These are autonomous platforms based on very complex smart contracts, which allow trading without any third party acting as an intermediary. The exchange is therefore carried out on the blockchain in a totally autonomous way. Decentralized exchanges do not depend on a third party who has total control and decision-making power.

However, decentralization brings with it some problems. The liquidity present on this type of platform is in fact much lower when compared to the top CEX and this entails a considerable increase in slippage, with the consequent loss of the ability to maximize one’s profits during trading. This is not all, in fact another problem well present in DEX is the slowness of the exchanges and the high risk of being involved as buyers in scams of all kinds, including Rug Pull, Honey Pot, Dust Attack, theft of private keys and much more.

This makes the world of decentralized exchanges an unsafe place for people who are entering the world of cryptocurrencies for the first time, with the consequence of having a strong slowdown in the adoption of the latter.

Quantic Exchange was born with the aim of solving the problems of centralized and decentralized exchanges.

Quantic Exchange

Quantic Exchange is a centralized Exchange on decentralized servers that aggregates the strengths of centralization together with those of decentralization, to create a product that guarantees total privacy, has no limits, efficient, user friendly, reliable, secure and with low costs.

Quantic Exchange does not require any type of sensitive data of the user during registration, does not require the KYC, has no deposit or withdrawal limits and is an Exchange that works full crypto, i.e. it does not operate with FIAT currency.

This allows each user to completely maintain his anonymity and thanks to the Wallet self-custodians that are automatically generated upon registration, the user will be able to access the crypto world by taking advantage of trading safe coins, chosen and supervised by a centralized body, but with the anonymity of a decentralized Exchange. This is not the only advantage; in fact, the Quantic exchange also has a series of liquidity aggregators that allow this Exchange to offer the best Bid and Ask prices, low commissions and minimized slippage. Registration is done simply by scanning a QR CODE which automatically generates the decentralized Self Custodian Wallet; communications between the user and the Exchange, on the other hand, are notified within the platform and not via email, so that the user’s complete anonymity can be maintained, which is recognized only through the Wallet self-custodian number assigned to him.

There are further innovations that the Quantic Exchange Team intends to develop, that is a new Crypto Loan system, a high-level NFT platform, Social Trading with multi-functionality, possibility of creating Bots for automatic trading and much more.

The ICO is currently open for the development of this innovative project. To participate, simply access the website https://qntexchange.com/