TRADE WITH LIQUID: A Fiat and Cryptocurrency Exchange

Onyeli Yohan
5 min readOct 26, 2018

Liquid refers to a combined, globally-sourced trading platform that connects the worlds of fiat and Crypto.

It was officially launched in September 2018. The exchange allows its users to match trades across various transactions and Cryptocurrencies. For instance, the orders of BTC/SGD, ETH/SGD, and BTC/ETH can be matched together, which increases the liquidity of all the available cryptocurrencies on Liquid.

Liquid exchange is as a result of the merging of Quoine’s two world-wide advanced trading exchanges “Quoinex and Qrypto.” These were merged last month and relaunched as liquid.

Liquid provides liquidity with its matching engine technology, which matches orders to make sure that traders consistently buy and sell into healthy order books.

According to Mike Kayamori[(The Co-founder and CEO of Quoine), “Cryptocurrency markets need stability. Nearly the whole of this year, the 30 day BTC/USD volatility index[2] has been over 3%, with highs topping 8% at the start of the year. Liquid is making a way to a less volatile future by improving liquidity within the cryptocurrency ecosystem.”

Liquid Features

Internal Order Book: Enables the matching of orders across orders books with various trading pairs.
Upgraded Matching Engine: This is one of the most advanced matching engines in the industry that is capable of processing up to Several millions of transactions per second.

  • Smart Order Routing: This is a system that avails low latency
  • Fiat Management: Quoine has established a network of relationships with various countries such as Japan, Philippine, Taiwan, Indonesia, United States and so on.
  • An Improved User Interface: Consists of a markets page enabling users to explore spot markets.
  • Advanced Margin Trading: Allows users to observe unrealized penalties.
  • Lending feature: This enables Hodlers to earn interest on their Crypto assets.
  • ICO Market 2.0: This allows users to access ICO token sales, private sales, and project sales.

With Liquid, the power rests in your hands.

Powerful

Expand and Control your portfolio from a single dashboard. Find new tokens, take part in Quality ICOs, analyze the market or trade on margin. Liquid is a platform for you.

Seamless

Its Worldbook is revolutionary in the sense that it combines a global network of liquidity sources through leveraging Quoine’s Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.

Liquid’s World Book consists of an Internal and External Book:

  • The Internal Order Book entails FX-adjusted orders for all orders placed by users internally within the Liquid platform.
  • The External Aggregated Order Book: As the exchange progresses, the external order book will finally contain all other orders that are throughout the world rather than those placed in the internal Order Book. Every order in this book is connected to an order on the various exchanges internationally.

Accessible

The World Book creates a whole new level of accessibility by enabling you to trade in the Quote currency of your choice, with tight spreads and enhanced liquidity.

Unlock the power of Liquid

QASH refers to the native token of the liquid platform. QASH avails a wide range of benefits to traders that hold and utilize it. With QASH, you are privileged to either acquire discounts on trading fees, obtain airdrops or earning daily interest through the QASH lending app that is when you put your QASH to use.

Trade with Fiat and Crypto

Liquid avails you with trading options and access to unique portfolio enhancing opportunities that are entirely exclusive to its platform.

Designed For the beginner, Built for the Expert

Liquid consists of powerful product features and sophisticated trading tools such as real-time currency conversion, though the platform has also been established to be user-friendly and accessible for Crypto newcomers. Therefore the platform caters for both the beginners and Experts.

Committed to Security.

The technical team behind the exchange is committed to ensuring safety for all its Clients. The exchange is well regulated by the Japan Services Agency, fully compliant and audited by Big 4.

The Future:

A diversified Financial platform

Liquid looks beyond the crypto space. It intends to attain a full banking license by the end of 2019. Liquid promises to be the link to the Future world of Finance.

Join the Quoine Community

keep up to date through socializing with some of the most crypto traders and investors. Encounter new perspectives and attain insights on the latest Cryptocurrency trends through the 17,000 strong Quoine Community on Telegram.

About Quoine

Quoine is defined as a leading global fintech Company providing trading, exchange, and next-generation financial services that are driven by Blockchain technology. It has offices in Japan, Singapore and Vietnam. Quoine connects a powerful network of local partners with extensive team experience in banking and financial products in order to provide the best in class financial services for its customers.

Quoine was among the first global cryptocurrency exchange to become officially licensed by the Japan Financial Services agency in September 2017.

Quoine lanched Quoinex exchange in 2014, which became the largest bitcoin exchange in the world by transaction Volume.

The only crypto to Crypto exchange called Qrypto was later on launched in June 2017. Qrypto Exchange was exclusively for cryptocurrency trading. The Two exchanges Quoinex and Qrypto are among the best-advanced trading exchanges designed by the Quoine Corporation. They provide powerful trading features, a sophisticated user dashboard, secure hard wallet store and a KYC compliance for individual and corporate customers.

Later on, in September 2017, Quoine became the first global cryptocurrency exchange to be licensed by the Japan Financial Services Agency for its Japanese operations.

Quoine launched its global Initial Coin offering(ICO) also referred to as QASHToken sale. This happened in October 2017 which also made Quoine become the first licensed global exchange in Japan to launch its ICO.

Quoine had a successful ICO where it managed to collect $350m QASH which is an equivalency of $105m. The funds were to be used in the growth of the platform.

By July 2018, Quoinex and Qrypto had exceeded $50 billion in a combined transactions volumes in the past 12 months.
Last month the two Quoine’s Exchanges were combined and relaunched as Liquid.

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Onyeli Yohan

I am a blogger and blog about Crypto and Blockchain related articles