In our world today, the global trade in crypto-currencies has been scattered across various platforms, which led to a drastic reduction in liquidity. Basically, the lower the liquidity, the lower the average trading position in comparison with the warehouse and other classical markets. Moreover, in moments of sharp market movements, it may not be sufficient even for trading with low volumes of crypto-fibers. The LIQNET platform which is at the fore front of blockchain innovation has come up with a solution to the problems affecting the crypto market by bringing users and their trading requests and orders to one trading platform, thus forming a unified order book with better market depth and better prices for private persons and legal entities from various jurisdictions.
LIQNET is a crypto exchange, that allows to unite liquidity from different platforms and solve the problem of scattered users by bringing users and their trading requests and orders to one trading platform, thus forming a unified order book with better market depth and better prices for private persons and legal entities from various jurisdictions. LIQNET aims to create a unique and reliable exchange that will merge liquidity from competing platforms and solve the problem of industry fragmentation.
The Goals of LIQNET Platform is to sell or buy from many cryptocurrency exchanges located anywhere in the world and form a unified order book and also to connect an API of a platform to the automated trading system. What makes the LIQNET exchange unique is the LEN (Liquidity Exchange Network) tool, which allows to colect and combine orders of our exchange’s clients and orders from third-party platforms into a single order package and make them available for trading by all LIQNET’s clients
FEATURES AND BENEFITS
High liquidity allows users to reduce or fully eliminate the costs of slippage.
Expenses Reduction: The higher the market liquidity is, the smaller the bid/ask spread will be, which thereby lowers the cost of trading.
LIQNET’s liquidity “reflects the presence of a mass of people whose actions are much easier to predict that the actions of a single person,” explains the official website, which means that a single entity can’t dominate the trading market.
LIQNET claims to be built on a decentralized system because their physical hardware is located in two different data centers, including centers in France and Canada. This isn’t what we typically mean by “decentralization”, although we understand what LIQNET is getting at.
LIQNET holds customers’ funds in multiple locations, including hot wallets, multi-signature wallets, and cryptocurrency exchanges. This reduces the risk of theft.
Multiple Trading Options: LIQNET supports direct trading from the financial chart and scalping trades (including post limit and stop orders right from the order book).
Multiple Order Types:
LIQNET supports stop order trades, stop limit trades, TP & SL trades, trailing stop trades, Iceberg, IFD, OCO, IFDOCO, valid till day/time trades, AON, IOC, and FOK trades.
Financial Charts: LIQNET provides a suite of analysis tools. Users can also customize their dashboard with 100+ different trading indicators.
Multiple Currency Pairs:
Right now, LIQNET lists just four cryptocurrency pairs, including LTC/BTC, ETH/BTC, BCH/BTC, and PPC/BTC. However, they allow users to deposit more currencies, including Bitcoin, Litecoin, USD, Ethereum, Bitcoin Cash, DASH, and Peercoin (PPC).
THE ADVANTAGES OF LIQNET EXCHANGE OVER TRADITIONAL EXCHANGES
Has the ability to execute a big order at the best price (large market depth)
Has the ability to trade large volumes without the risk of shifting the market
Best prices, minimal spreads, and the biggest volumes all in one place.
Minimal volumes at the best price
When trading large volumes, there’s a chance to shift the prices on a particular platform
The need to monitor several platforms.
Other Advantages of LIQNET includes:
Fully functional mobile applications for Android and iOS.
Project online purse, which allows you to exchange crypto-converters and fix money with the click of a button.
Acquisition of services for receiving payments in crypto-currencies, which provide many opportunities for sellers and protects against many risks.
TOKEN AND ICO DETAILS
Maximum number of tokens:63 746 032
Price of one LEN token:$1 (100% BONUS)
Soft cap: 20 000 000 USD
Hard cap: 50 000 000 USD
Payment methods: ETH, BTC, BCH, ZEC, LTC, XRP, Waves, USD
BENEFITS OF LEN FOR THE TOKEN HOLDERS
Discount on Fees:
One token gives a 0,5% discount on the sum of fees for one day. The discount is activated for 24 hours in the personal account right aſter the withdrawal of tokens or at the set time. Increment size is 0,5%, the highest possible discount is 90%. The timing of the discount can be chosen in the personal account. For example, 10% discount on the fees for a day costs 20 tokens, 50% discount for a week requires 700 tokens.
LEN token holders get access to the voting service to decide on the trading pairs offered by the exchange and the ways of spending 50% of attracted funds.
DISTRIBUTION OF FUNDS
LEN is a mechanism that allows you to collect and aggregate through the API data on buy/sell requests from a variety of cryptoexchanges located anywhere in the world and form a single order book. LIQNET creates a crypto exchange based on unique liquidity pooling technology. It aims to solve a problem of split trading orders by creating unified order book and combining orders. This approach will provide users with the best market depth, competitive transaction fees, and low spreads. LIQNET product is already functional, while the funds raised during ICO will be used to enhance it with new features and ensure exponential growth. LEN creates an improved model that provides additional liquidity at the meeting point of supply and demand. As a result, LIQNET users work with a single order book, in which both orders of the clients of this exchange are presented, as well as retranslated orders from other sites.
THE TOKEN ALLOWS TO:
A. Purchase a discount on fees: one token gives a 0,5% discount on the sum of fees for one day. The discount if activated for 24 hours in the personal account immediately after the withdrawal of tokens or at a particular time. Increment size is 0,5%, the highest possible discount is 90%. The timing of the discount can be chosen in the personal account.
B. Get access to the voting service to make decisions on the following matters:
Choice of the trading pairs offered at the exchange: at first, one or two pairs will be available in the system, the token holders choose the first 20 pairs that will be added to the system after the ICO;
Choice of the ways of spending 50% of attracted funds;
Choice of trading pairs to be added in the future in addition to the pairs that will be added by the LIQNET developers;
Increase of the exchange’s marketing budget;
Increase of deposits on other exchanges to provide better liquidity for the LIQNET platform;
Choice of additional sources of liquidity for LIQNET in addition to the ones added by the LIQNET developers;
Buy-out of the tokens on our platform at current prices to support the demand for them thus evading low price token sales and, therefore, the access of users to ultra-high discounts in large volumes, which can lead to a drastic decrease of the volume of the exchange’s fees.
Above you can see the roadmap — how the team sees their nearest and long-term future.
FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;
ICO Website: https://liqnet.io
Exchange Website https://liqnet.com
Official Telegram Channel: https://t.me/liqnet
Telegram Community Discussion: https://t.me/liqnet_official
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409