Review on Liquid by gregori cordova
the most recognized exchange in japan and with the support of the financial services agency of that country
In the cryptocurrency market there are currently a huge variety of alternatives to exchange our assets that offer extra services such as integrated wallets and their own tokens with which certain benefits are obtained when trading. One of those platforms, and which until now has the record of being the main exchange platform in a highly developed country such as Japan, with very advanced legislation and a constantly growing financial system, is known as liquid. Founded in 2014, the platform is authorized to operate by the financial services agency of that country, which gives it a level of reliability and a very great support to users when making their transactions. offers several options for spot and margin trading, with algorithms that control certain types of orders to adjust based on market movements. Another of the strengths of this platform lies in its very low commissions, since they are only 0.10% in their majority and with the possibility of minimizing them to 0.5% when using their own cryptocurrency called qash and they also pay to the users for providing liquidity to the platform, something not very common in many exchanges. They also have the option of lending your cryptocurrencies and being paid for it with guaranteed interest, an ideal option to obtain income passively.
In conclusion, I must say that there are many positive qualities that this platform offers when making our exchanges and also for people who are just starting to invest in cryptocurrencies, since they can be acquired with fiat currencies from many countries. It represents one of the options with the most complete services not only when it comes to trading, but also to store our assets in a very safe way through its integrated wallet that we can also download for free.
Pros
- Most of the platform's assets are stored offline, protecting users from possible hacks
- They have several security mechanisms such as the mandatory 2-step verification and the cool –off period that does not allow any transaction to be carried out for 3 days, when changing any data in your account
- They have a free app available for both ios and Android
- You can deposit with fiat currency
- Highly reliable with fully transparent audits and regulated by very strict legislation
- As is common in many exchanges today, it offers its own cryptocurrency called qash, with which benefits are obtained when operating.
Cons
- The commissions for operating with some currencies are very high, specifically with fiat currencies
- They do not have a customer support service via chat
