2019-1-18 23:14 |
Discover Liqnet, a cryptocurrency exchange with a unique liquidity pooling technology. The platform aggregates liquidity from various avenues to solve the problem of the splitting of users and their trading orders by forming a united order book with the best market depth and prices. Liqnet serves both private individuals and legal entities from different jurisdictions.
So, what makes Liqnet Exchange unique? It’s the LEN (Liquidity Exchange Network) feature, which enables it to collect and integrate orders of the exchange’s clients as well as those from third-party platforms into a single order package. This makes all of the orders available for trading by all clients of Liqnet. Besides, the holders of LEN tokens receive privileged terms.
The team behind Liqnet believes that by the end of the decade, global cryptocurrency trading found itself scattered among various platforms, which led to severe fragmentation of liquidity. The lower the liquidity, the lower the average volume of a trading position in comparison to stock and other classical markets. Additionally, in the moments of abrupt market movements, it can be insufficient even for trading low volumes of digital assets.
Liqnet Specifics The LEN MechanismThe LEN feature is what makes the Liqnet platform unique. This mechanism enables the exchange to collect and combine buy/sell orders through APIs of other exchanges located anywhere in the world, thereby forming a unified order book. In the end, orders are combined and users are able to make deals with the best prices and minimal spread.
Consequently, users get access to the single order book, in which they see both the orders of the exchange and orders from other platforms. Since the platform is able to aggregate a sufficient amount of liquidity of various tools, it can implement trading of deliverable futures and options for those with the highest liquidity. The LEN feature enables the Liqnet system to get an improved model from the standard model of market depth. This, in the end, offers an added liquidity at the point of supply and demand.
ICO With A Finished ProductUsers can access the trading through a unique, professional web terminal that comprises the following:
A graph that comes with a set of tools for technical analysis All types of orders and their execution policies Tools for scalping trading, market-making, and othersThe finished product is already integrated with the LEN technology. The project has obtained licenses for activity in the EU with Metatrader5 integrated.
High Level Of SecurityThe project has tested thoroughly the security of the server side. In the first quarter of 2019, Liqnet is implementing a secure service that allows users to receive payments in cryptocurrencies—maximum capabilities and minimum risks.
Comparison With Traditional ExchangesCompared with traditional exchanges, Liqnet has the ability to execute big orders at the best price, unlike traditional exchanges that offer minimal volumes at the best price. Additionally, Liqnet offers minimal spreads and has the ability to trade large volumes without the need of shifting the market, contrary to traditional exchanges that offer larger spread, and when trading large volumes, there is a chance to shift prices on a particular platform.
Finally, Liqnet offers the best services all under one roof while on traditional platforms, there’s the need to monitor several platforms.
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