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On November 3, the new Ukrainian cryptocurrency exchange Qmall was presented. It was presented by the co-founders of the project Mykola Udyansky and Bohdan Prylepa.
This exchange will offer unique opportunities for interaction between the client and the exchange.
One of the exchange's partners is MasterCard, this will allow developers to launch personal card to pay online and ofline. The conversion of your assets will be automatic with the exchange rate, and without commissions when you make a payment. The exchange is launching its token now and NFT marketplace will be launched in the future.
According to Bohdan Prylepa, the creation of the stock exchange is a complex process that took a long time.
"Prof-IT has thoroughly approached this issue, which is why it took more than three years to develop the exchange. It is based on a unique technical solution developed by us, tested on other trading platforms in the TOP 100 CoinMarketCap, now we use it in the Ukrainian project ",-he explained.
In turn, Mykola Udyansky stressed that the new cryptocurrency exchange is not only a complex but also a rather expensive project.
"We have invested more than $ 3 million over four years in developing the solution. It is a commercial product that we have decided to sell in Ukraine as well. I am sure it will find its audience because there are two other players in the market besides us. It is difficult to call competition, "he added." We are unique in our international experience and solutions, which we have improved over 3 years, we also have 10,000 terminals from Ibox Bank's partner in Ukraine, no exchange in the world has such a network for 20 seconds ".
The reason for the creation of the Ukrainian cryptocurrency exchange was the risk of use by foreign exchanges. Constant money freezes the accounts of users and people can not get their money. It is difficult to resolve legal issues at a distance, given the country where the exchange is registered, and it is expensive. It is extremely important to choose the Ukrainian language with official representation and support.
"This is an additional guarantee of safe investment and safe work with cryptocurrency in Ukraine, especially if the exchange works in the legal field," the partners said.
Another level of security will be the verification of each user and the usual multi-level authentication for users.
It should be noted that Mykola Udyansky is a well-known Ukrainian IT businessman who is among the top 100 richest Ukrainians in 2021 according to Forbes. Bogdan Prilepa is the CEO of the newly created Qmall exchange, which has previously launched many blockchain startups and cryptocurrency exchanges, which are among the top 100 exchanges on coinmarketcap.