Review on Liquid by David Olayide
The Blockchain Based Liquid Exchange Platform.
Liquid exchange platform had an early start as it was created sometime in 2014 to offer financial and trading or exchange services to clients. The exchange is largely powered by the blockchain technology, and provides excellent liquidity for customers. Liquid is regulated from Japan and is one of the first licensed exchanges. When I visited the platform I saw evidence of the efforts they made to appeal to clients and traders. The exchange platform offers trading and exchange services for a lot of major cryptocurrencies, and fiat currencies too such as AUD, JPY, EUR and USD.
The exchange makes use of cold storage wallets to secure the cryptocurrencies and also utilizes the KYC for both individuals and corporate bodies. On the platform's website I found support for about 8 different languages including English and Spanish. The platform promises users very fast withdrawals, with good security measures, and 24/7 client support.
In case you are wondering about the legal status of the exchange platform there are no causes for alarm because, the exchange is fully regulated and licensed by the Japan Financial Services Agency. I find the user interface of the exchange platform to be friendly, and I can say that both beginners and professionals in crypto trading will find it very useful. The mobile app is available on playstore for android mobile phones and also on the App store for iOS devices.
There is an affiliate program that lets you earn a 30% commission on referring someone to the Liquid exchange. The trading volume caught my eye and I have to say that I was impressed by it. The fees and charges are also manageable, but I consider it a little bit above average. To deposit you can make use of wire transfer but you can't use a credit card. There is support for over 70 different crypto assets and about 150 trading pairs.
If you ask me I'll say that Liquid is a very good trading platform and it can be used by all traders.
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Pros
- Support for fiat About 8 different languages are available to choose from
- Affiliate referral program available
- Supports a lot of crypto coins and assets
- 24/7 client support
- The exchange is powered by the blockchain technology
- Mobile app for android and iOS devices
- The exchange is regulated and licensed by the JFSA in Japan.
Cons
- The fees are on the high side
