Liquidity is a vague term for a lot of people. But for entrepreneurs, trading magnets and exchanges it is an important factor which grows these industries. Usually, this term is associated with finance, business, and marketing. But What is the definition of liquidity? Why is it so Important to the market and businesses? How is liquidity related to cryptocurrency? What is LIQUID? These are some questions that boggle our minds about liquidity.
What is liquidity?
So let's try to define liquidity. Liquidity is described as how quickly a product or asset can be quickly bought or sold in the market without affecting the asset's price. Liquidity is defined as the ability of an asset to be converted into cash, on demand, without any difficulty. Now let's try to connect liquidity with Cryptocurrency. As we move forward to the future, along with it comes the boom of cryptocurrency. Cryptocurrency has changed the landscape of business and technology through platforms and projects which is connected to the blockchain technology. When we talk about cryptocurrency, we associate it with trading and investments. Cryptocurrency Trading is a large factor which boosted the status of cryptocurrency in the global mainstream financial market.
This is where cryptocurrency exchanges come in. One of the major problems that exchanges are encountering would be, liquidity. Aside from liquidity, some other factors are needed to create the best crypto exchange. Below are factor or features needed for a good trading platform:
1. Coin Pairs Available
2. Security
a) Keeping deposits in cold storage - this means that your coins are safely tucked away offline, beyond
the reach of hackers
b) Availability of 2-factor authentication (2FA) option - this increases the security of your account
c) Email encryption and verification - for every transaction there will be an email sent to your account to confirm the transaction
3. Customer Support Quality
4. Trading Fees
5. Ease of Use
Based on these factors or elements, one up and the coming platform is a cut above the rest. I'm talking about LIQUID. Liquid definitely offers all these elements. LIQUID is a globally-sourced trading platform that offers multi-services which enables the highest level of liquidity. In the process, this will allow anybody to tap into all the opportunities the new Crypto economy has to offer. The Liquid platform is managed by QUOINE which is based in Singapore. QUOINE is a leading fintech company that provides trading, exchange, and next-generation financial services powered by blockchain technology. LIQUID uses the QASH token as both a trading and utility token. Since Qash is utility token, it can be used as the fuel that powers all services provided by the LIQUID Platform and QUOINE’s existing platforms (QUOINEX and QRYPTOS). At the same time, it will become a universal trade token. Qash is a tradeable token which will be listed on various exchanges. As the demand for Qash would grow, this would also mean the increase in its value.
What makes LIQUID unique?
Liquid is a unique trading platform which will change the crypto landscape. This is due to it's two major elements which make it different from other exchange platforms. Below is some information about the elements which could help reshape the crypto trading industry.
1. World Book
The LIQUID Platform’s World Book is a multi-market order book that sums up the world’s various liquidity sources into a single highly liquid tradable order book, allowing orders to be placed in the currency of one’s choice.
2. Prime Brokerage
The LIQUID Platform’s Prime Brokerage is composed of different services that provide users with tools to reduce counterparty risk and increase ROI. Prime Brokerage includes so-called Direct Market Access, Fiat Management, and Credit Facility as its main functions.
Crypto enthusiast and newbies can't wait for LIQUID to start trading. To summarize everything, Liquid will be a big game changer for the crypto community due to the liquidity that it offers as a trading platform. It is also backed by QUOINE which is an established company which has a lot of experience in this type of industry. Qash will be an in-demand token of the future which will be comparable to Bitcoin and Etherium in the future. This platform will be a great success.
For more information about QUOINE
Click on the link below:
https://goo.gl/fR33DQ
Very informative article... eyeing on this ico now!
ReplyDeleteThank you for the compliment....
DeleteA great piece that sheds much needed light on some of the great theoretical/ideological debates in the contemporary crypto space. At CleanApp Foundation, we appreciate the emphasis on pragmatism, and emphasis on Blockchain/DTL/Crypto projects that offer real social utility. Looking forward to engaging more with your crew!
ReplyDeleteA great piece that sheds much needed light on some of the great theoretical/ideological debates in the contemporary crypto space. At CleanApp Foundation, we appreciate the emphasis on pragmatism, and emphasis on Blockchain/DTL/Crypto projects that offer real social utility. Looking forward to engaging more with your crew!
ReplyDeleteA great piece that sheds much needed light on some of the great theoretical/ideological debates in the contemporary crypto space. At CleanApp Foundation, we appreciate the emphasis on pragmatism, and emphasis on Blockchain/DTL/Crypto projects that offer real social utility. Looking forward to engaging more with your crew!
ReplyDelete