Review on Liquid by Amit Singh
Is it best alternative to Coinbase?
It is a dependable exchange and empowers its clients to ensure their accounts utilizing 2-factor verification, and the exchange itself has never been hacked. There are a couple of threats to pay special mind to when utilizing Liquid, which are more to do with the user as opposed to the trade itself.
The first of these is margin trading, which is perilous because of the high influence included. Trading on high influence isn't prescribed for novices because of the additional danger, which could wind up with your whole equalization being sold.
The other thing to look out for is KYC, don't store assets into account except if you're willing to affirm your identity so as to pull back them.
Generally, It is an all around directed and simple to utilize exchange, which offers a reasonable option in contrast to Coinbase for dependable fiat stores, exchanging and withdrawals.
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Pros
- Easy to use interface.
- Admittance to a broad scope of fiat to crypto and crypto to crypto exchanging sets.
- Exceptionally competitive exchanging charges.
- Great scope of security highlights.
- Leverage exchanging additionally accessible.
Cons
- Withdrawal costs can be expensive.
- Users can't use Liquid platform without doing KYC.
