Liquid

Overview

The young Liquid cryptocurrency exchange launched in 2018. Its founders were Quoine company, already having good experience and reputation in the cryptosphere. In essence, Liquid was the result of the merger of Quoinex and Qryptos, the company's two previous projects. It was this exchange that was the first to receive a license from Japanese regulators, and expects to obtain a banking license.

In just a year of operation, the platform is in the TOP-50 exchanges according to the CoinMarketCap version. The daily trading volume reaches almost $ 400,000,000. 70 available cryptocurrencies and almost two hundred trading pairs are available for traders on Liquid. But more than 90% of all trading operations fall on the Bitcoin / Japanese yen pair.

Security and Restrictions

Liquid Exchange takes care of the security of its users. For example, you will not be allowed to start trading or replenish a deposit without using two-factor authentication. But even after passing this stage, you will not be able to withdraw more than two thousand dollars a day, participate in IEO on the Liquid platform and trade in fiat. On the Liquid exchange there is an opportunity to remove all restrictions, but for this you need to go through KYC.

Liquid Exchange takes care of the security of its users. For example, you will not be allowed to start trading or replenish a deposit without using two-factor authentication. But even after going through this stage, you will not be able to withdraw more than two thousand dollars a day, participate in IEO on the Liquid platform and trade in fiat. On the Liquid exchange there is an opportunity to remove all restrictions, but for this you need to go through KYC.

Trading Features

Quoine provides its customers with 3 types of trading: Spot, Margin and Liquid infinity. If everything is clear with the first and second methods, then Liquid infinity is almost the same margin trading, only with a huge leverage of up to 1k100. Commissions on the exchange are low, only 0.1% per transaction. But using the internal QASH token, fees can be reduced by half.

In addition, the Liquid exchange has the ability to quickly convert currencies, the ability to obtain a loan for transactions, and a section with IEO. True, while the crowdfunding platform is only at the development stage, and no one has yet raised funds. There is a referral program for new users and for the convenience of traders a mobile application has been developed.

Notable Events

One of the events of the cryptocurrency world was the launch of a closed sale of the GRAM token. This is the internal coin of the future Telegram messenger ecosystem. It was the Liquid exchange that enabled investors to purchase a token among the first. Under the terms of the contract, it was the only platform for purchasing GRAM.

The exchange manages to maintain a clean reputation, since it is only one year on the market and there were no serious scandals or problems with it. Read more about Liquid at Neironix.io.