QuickX is a novel protocol that specifically addresses the related flaws that currently hinder the mass adoption of cryptocurrencies. It provides cross-chain transaction solutions for the same blockchain assets, which greatly speeds up transactions, solves interoperability problems between different cryptocurrencies, reduces transaction costs, and also solves scalability problems.
QCX tokens are practical and can be used as fuel for QuickX platform to complete transactions, including off-chain transactions and cross-chain transactions. All transactions on the QuickX platform need to pay QCX as a transaction fee.

Project Highlights

QuickX brings a crypto wallet that can store multiple cryptocurrencies and spend instantly with the QuickX debit card. The QuickX protocol introduces an exchange option through which users can exchange their cryptocurrencies from one to another through some long process. This multiple cryptocurrency wallet is operated through the private key provided by the system to the wallet owner, this is how we get full control of the account back to the holder.

With the QuickX Debit Card, you have the freedom to shop online instead of using cryptocurrencies, while keeping secure track of all your spending. Plus, there are no interchange fees or hidden fees on any type of transaction, and you get 2% cash back on your purchases, too.

QuickX solves this problem by building a decentralized off-chain transaction network where cryptocurrencies can be transferred instantly from one person to another. Trade coordinators maintain offline order books and charge zero fees for maintaining records. The pooling coordinator injects the necessary liquidity into the ecosystem while facilitating cross-chain instant fund transfers, which makes Quick X's interoperability possible.

Related links:

https://www.weibo.com/ttarticle/p/show?id=2309404366173176221403