Review on Liquid by Bünyamin Sevinç
Liquid
In my post today, I will talk about another stock market, Liquid.
Liquid is a new exchange from Quoine, the first crypto exchange to be licensed by Japanese regulators.
The founding partners and their teams are knowledgeable and experienced people in technology companies, financial software systems, trade and analyst positions.
It lists more than 80 cryptocurrencies and tokens. Additionally, it lists 5 fiat currencies.
I can say the first crypto exchange licensed by the Japanese Financial Services Agency.
Liquid currently does not have a mobile app.
Liquid does not use the relatively insecure SMS-based authentication. Instead, it uses apps like Google Authenticator or Microsoft Authenticator.
Liquid's knowledge base is well documented. The company clearly explains its features and provides step-by-step steps to make it easy for novices to get up to speed. For specific assistance, users can also use the ticket-based support system.
This exchange is available almost all over the world. However, US citizens can trade on the stock exchange but cannot deposit or withdraw fiat money.
With Liquid, traders can better manage their investments by entering limit orders, stop orders and trailing stop orders.
Trading on Liquid is almost free. You just need to pay attention to the trading pairs you buy or sell.
Liquid charges a 0.05% fee on all margin trades regardless of the trading pair.
In conclusion, I can say that with free or low-cost trading and a comprehensively documented support system, Liquid makes it easy for those new to crypto trading to get started and run easily.
Thank you to everyone who reads and those who do not.
Pros
- Free and low fee trading.
- First crypto exchange licensed by the Japan Financial Services Agency.
- Advanced security
- Has experienced founding partners and teams in many fields
- Advanced trading for traders
Cons
- US residents cannot deposit or withdraw fiat.
- No mobile app
