KYRREX: Regulated Crypto Exchange Created by Real Traders !

zorchy (26)in #kyrrex • 3 years ago

Kyrrex is a company that has been around for several years. In its early days, it was founded as a global ecosystem for investment and finance in general. The current idea of Kyrrex is to bridge the gap between banking and cryptocurrencies through a set of tools and new marketplace products targeted for both sides.

From what I can see, it is an established company with experience in the sector and relies on a dedicated team with both banking and blockchain interests, so it would be a great start for cooperation between the two sides. If you are from the sector and have doubts about this, then I recommend you to read this article and find out more about the project because you might get some good conclusions and ideas about it.

What is Kyrrex?

Going into more detail, Kyrrex (https://kyrrex.com/) has turned to blockchain technology and cryptocurrencies to become the world’s first global digital bank, revolutionising the traditional financial world and connecting it with cryptocurrency finance. With Kyrrex, the exchange between digital assets and fiat currencies will be much easier, as it can all be done through a single application.

Therefore, we can say that the main goal of Kyrrex is to design a global system of financial products without geographical, legal and time limits, accessible from anywhere, by anyone.

In addition, the Kyrrex ecosystem provides a one-stop shop for corporate, institutional and private professional clients through its advanced trading and custody technology based on its sophisticated and proprietary algorithms, allowing all types of trading to enjoy a secure economy.

Kyrrex Tokenomics

Kyrrex token explained

The main token of Kyrrex will be the KRRX, a utility token specific to the Kyrrex ecosystem created on the Tron platform under the TRC-20 protocol.
The main utility of the token is that it allows interaction with services and functions within the ecosystem. In addition, the token provides exclusive benefits for all KRRX holders, highlighting the reduction of trading fees that can reach up to 60% depending on the total KRRX we hold.

Kyrrex ecosytem

As mentioned above, the idea of Kyrrex is to bridge the gap between banking and cryptocurrencies, and therefore aims to design a global investment and payments ecosystem aimed at both parties. The idea is to generate a solution through new trading and financial products in one place, making them suitable for both retail and corporate customers.

Earnings programme

Kyrrex offers a rewards programme for its users called Kyrrex Earn. So, in addition to the secure storage of cryptocurrencies, we add another advantage, the payment of dividends.

The most prominent APYs are for KRRX:

30 days 8.5%
90 days 10.6%
180 days 12.5%
360 days 14.5%

However, you can also earn with USDT, ETH and even BTC.

Bounty programme

The project provides the opportunity to earn Kyrrex tokens by performing some social networking tasks and following simple steps of the reward program explained in the following Bitcointalk thread here (https://bitcointalk.org/index.php?topic=5371160.0), where you can access the link to see what are the conditions to become an early KRRX contributor and start acquiring tokens.

For more information about the project, you can visit and read their website available here (https://kyrrex.com/). You can also keep an eye on their official Telegram channel (https://t.me/kyrrex_official_en).

Roadmap

Q3 2021

KRRX smart coin contract created and tested on the Tron network
Initial private sale round of KRRX completed

Q4 2021

Cryptocurrency exchange
Liquidity HUB
OTC platform and wallet
Coin integration on the Kyrrex exchange
Pre-sale round on the Kyrrex platform
Crowdsale on two external exchanges

Q1 2022

Open trading of cryptocurrencies
Launch of the KRRX coin set to the benchmark programme
Launch of Kyrrex listing platform (early access to KRRX holders)
Provide business insights (early access to multi-account management to KRRX holders)

Q4 2022

Tokenisation platform

Conclusion

In conclusion, we have a very interesting project in sight that brings together two worlds that have the same objective, but which to date operate completely independently of each other. They work in parallel and this should not be the case. It seems that Kyrrex is the perfect solution for banks and cryptocurrencies to join forces once and for all and start the real blockchain revolution and the digitalisation of things.

Without a doubt, it is a platform that jumps out of the box and is very intuitive. At the moment it has very detailed sections and it seems that anyone who enters can handle it well. It is ideal for users and I hope it will soon be ideal for companies and institutions as they have established it in their roadmap. If so, it would be a very strong point in its favour and we could expect great benefits from the token.