We have several several crypto currency exchanges scattered across the crypto community were various traders trade several cryptocureencies, this has led to the disintegration of liquidity. This disintegration has greatly reduced the volume of trade in several exchanges. To put it in simple terms the rising number of crypto exchanges have scattered individuals across several exchanges thereby reducing liquidity and trade volume. For example an individual register with several exchanges to trade several cryptocurrencies, he woud have to set up adequate security for each of them, the individual spend lot of transaction fees maintaining trades in this several exchanges, he is faced with fluctuation in prices in this several exchanges and so on. To put an end to this problems faced by traders LIQNET has come up with a solution were it brings together LIQNET exchange clients orders and orders from third party platforms into a single order book and make it available for trading on LIQNET exchange.
LIQNET is a cryptoexchange, which allows to unite liquidity from different platforms and solve the problem of scattering of users, their trading requests, and orders, thus forming a unified order book with better market depth and better prices for private persons and legal entities from several jurisdictions. In simple terms you can trade all your cryptocurrency tokens you have on several exchanges on LIQNET exchange. This would really be of benefit to traders as it saves you time, trading cost and so on.
Other benefits of the LIQNET Exchange is:
• Desktop apps (own desktop app, MultiCharts, Trading View and MT5)
• Fully functional mobile trading apps for Android and IOS
• An online project-wallet project that provides the ability to exchange crptocurrencies and fiat money by the press of a button. Additionally , it has the easy cryptocurrency investment service with free and paid built-in strategies.
• Acquiring service for receiving payments in cryptocurrencies that provides sellers with many capabilities and protects from many risks.
THE KEY DIFFERENCE BETWEEN LIQNET AND TRADITIONAL EXCHANGE
HOW DOES LIQNET WORK
LIQNET is a secure crytocurrency exchange that collect liquidity from several exchange platforms using both classic methods and stand alone mechanism that uses LEN (Liquidity Exchange Network) technology. This technology allows users to bring together data on buy/sell request through an API from a variety of crypto exchanges located anywhere to form a single order book. This make it easier for traders to work with a single order book on the LIQNET exchange.
The LEN technology comprises three essential services:
- Data collector
- Automated trading system (provides hedging of clients deals at ‘external’ platforms.
- Automated system that allocates and accounts for funds (provides positive balances at “external” platforms, accounts for profitability as an additional control tool of an automated trading system).
Trading platforms are seeking ways to increase the liquidity and trading volumes in their markets. This can be made possible using the LEN technology as it makes automated trading operations for them which increases their liquidity and pays a fee for each transaction made to them thereby making profits for them.
LENS work hand in hand with other cryptoexchanges, so there is no problem of integration, the LEN technology does all interactions for platforms through their existing public API. Any crytoexchange that LIQNET intends to connect to its platform would be checked by LIQNET’S specialist if it has a license to work with crytocurrencies. If a cryptoexchange that LIQNET wishes to connect to the platform is located in a jurisdiction that has no explicit regulation of crytocurrencies, the LIQNET would make sure such exchange has documents that regulate AML (anti money laundering) and CFT (combating the financing of terrorism). Before an individual or platform connect to LEN, they would first of all register an account, make deposit of some money and implement certain LEN modules that uses exchange’s open API.
In conclusion LIQNET LEN technology would enable traders carry out trading easily on a single order book and get buy and sell orders at best rates, low transactions fees and highly secured platform.
LIQNET TOKENS: this is the token that would be used to carryout every transaction and trading on the LIQNET exchange platform.
TOKEN SYMBOL: LEN
Total Supply: 63,746,032 LEN tokens
Token Price: 1 LEN - $1
TEAM
ADVISORS
USEFUL LINKS=>
Website=> https://liqnet.io
Beta Platform=> https://liqnet.com/
Privacy Policy=>https://liqnet.io/static/docs/international_privacy_policy.pdf
Whitepaper=> https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdf
Telegram=> https://t.me/liqnet_official
Facebook=> https://www.facebook.com/LiqNet.io/
Medium=> https://medium.com/@liqnet.io
Twitter=> https://twitter.com/LIQNET_official
Bitcointalk=> https://bitcointalk.org/index.php?topic=3736633.new#new
Bitcointalk profile=>https://bitcointalk.org/index.php?action=profile;u=1795123
Bountyhunters Profile=> https://bountyhunters.io/user/register?ref=16653
Bountyhunters Telegram=> https://t.me/icoreward
Bountyhunters Username=> maxibrainz
Author=> maxibrainz
Liqnet will always be a great platform being an Hybrid exchange
Looking forward to seeing this exchange launch fully.
Another major breakthrough for traders. Thanks for this beautiful piece
Another major
Breakthrough for traders. Thanks for
This beautiful piece
- promudy
I'm a bot. I detect haiku.
Nice write up this is an exchange with a difference
Goodnews indeed. Having more exchanges to cater for the daily increase in the number of cryptotraders. thanks for the heads up
We need better and smarter exchanges and thats exactly what Liqnet is bringing to the table
Liqnet have many unique features that distinguishes it from other exchanges, like automated trading. Nice write up