Did you know that the Fiat Market processes $5-6 trillion in trades per day with over 172 unique Fiat currencies while the cryptocurrency's share in the market is $2 billion, although sometimes it goes as high as $4-6 billion with also 1097 crypto tokens? From the statistics, we can come to the conclusion that the crypto market is forging ahead. However, despite the upward trend, liquidity is still a hurdle for the crypto-sphere. And it is also known that a vast majority of the new cryptocurrency projects are pouring a lot of creative energy in the birth of new crypto tokens, but paying less attention to the liquidity. Nevertheless, QUOINE is addressing this central element with the Liquid platform.
What is the Liquid Platform?
QUOINE Pte.Ltd officially launched the Quoine liquid platform also known as "Liquid". Liquid is a cryptocurrency exchange that is looking to build a bridge towards global mass adoption by successfully using a globally- sourced trading platform (worldbook) with an associated suite of services (Prime Brokerage) to provide the highest levels of liquidity in the crypto-economy. The liquid platform unifies the whole global network of cryptocurrency exchanges and makes them accessible to everyone thereby providing exceptional trading services to the people.
Benefits of using Liquid.
The liquid platform is arguably among the most efficient and user-friendly exchanges in the crypto-sphere with sundry benefits to its clients.
High-level security.
The liquid platform is regulated in Japan by the Japan Financial Agency that is known as one of the strictest regulators around the globe. This means that there are no unnecessary interferences from the system hackers. Over and above, the Liquid platform has put up high-class security measures, i.e. a cold and hot storage, a two-factor authentication step and KYC, as well as the anti-money laundering regulations, which are also upheld to secure the user's currencies. With the liquid platform, the client's assets are very secure.Support for multiple cryptocurrencies.
Most of the cryptocurrency exchanges support the sought-after altcoins that have a high daily trading volume so they can maximize profits. However, with the liquid exchange, it is so easy peasy for you to trade in multiple cryptocurrencies simply because it links up the internal demand with the external sources to provide the wants of the clients. Precisely, once you join liquid, it is more like joining as many cryptocurrency exchanges as possible.Profits from unused assets.
Liquid has a lending feature that permits the investors to provide part of their assets to the other investors, thereby making profits without engaging in the analysis of the market. With this, traders with little assets can take up the risks so as to increase the number of their cryptocurrencies.Easy to use.
8|10 of the cryptocurrency exchanges are complicated to use, especially for the beginners. But with liquid everything is laid out on the dashboard for the users. In addition, the platform has best-in-class trading tools that have been developed for years, therefore providing an excellent trading experience to the beginners and experienced traders.
On a related note, I made a few memes just to place a smile on your face as you are reading about this mind-blowing project.
Conclusion
Liquid is in an exclusive partnership with Quoinex (a fiat to crypto exchange)and Qryptos( a crypto-crypto exchange), Quoinex and Qryptos are all successful projects that are run by Quoine and the partnership is to offer sophisticated services to clients. With the liquid platform, all the market makers will have a golden opportunity to use the platform to monetize their capital accordingly increasing the market liquidity of all the exchanges. Furthermore, Quoinex has built and connected with creditable cryptocurrency exchanges (over 15) as well as the banks on all major continents, and with this, the platform is able to leverage. From my perspective, in due time the liquid exchange will be among the top 3 cryptocurrency exchanges simply because it is solving a fundamental problem with cutting edge technologies. Over and above, the platform is backed by a world-class company, Quoine, that has a howling success in all its projects.
Links to the project.
Disclaimer:
The information contained within this post shall not be taken as financial advice. I am not a financial advisor and none of your investment decisions should be carried out based on any information presented here. You can lose all of your money by investing. The information presented in this article reflects my understanding of the project.
Thank you!