THELOGICALINDIAN - Singaporebased clamminess aggregator LIQNETCOM is putting a new aberration on how crypto trading may attending in the approaching With the abundant cryptocurrency barter platforms accessible LIQNET offers an another which uses LEN Clamminess Barter Network apparatus Roman Shirokov Founder and CEO of LIQNET explained The LEN apparatus pools orders from added platforms into one distinct interface and allows users to barter at the best prices and minimum advance We accept that this differentiates LIQNET from added exchanges in the market
According to the Blockchain Accuracy Institute (BTI), added than 80% of the aggregate exchanges appearance is faked. Besides adopting apropos about the accuracy and business practices of accepted trading platforms, this underlines a axiological botheration of bereft clamminess in a buck market. During brusque bazaar movements crypto is acclaimed for, low clamminess basically agency that the banker will not be able to buy or advertise a cogent bulk of bill and absence out on profits or alike lose money. If traders aim to advertise a ample bulk of coins, accomplishing this after toppling the amount can be problematic. Roman added that LIQNET with its clamminess accession may be an acknowledgment to the botheration that has been afflictive the bazaar for some time now.
Roman additionally mentioned that calling LIQNET an barter would be inaccurate, rather, it is an barter aggregator. “This is because LIQNET uses accessible APIs of added crypto exchanges to aggregate acquirement and auction bids into a distinct adjustment book.” According to Roman, this allows users to get the account of trading on several exchanges, eliminating traders’ nuisances such as slippage (difference amid the accepted amount of a barter and the amount at which the barter is absolutely executed).
“LIQNET is not aggravating to alter them, but rather to advance user acquaintance through alms a bigger trading terminal and added options for users, as able-bodied as bigger prices,” said Roman. He added, “LIQNET allows for added trading instruments some added exchanges don’t have, such as booty profit, abaft stops, Iceberg, IFD, OCO, IFDOCO orders and more.”
Security in Cryptocurrency Trading
One of the issues that is generally brought up back talking about cryptocurrency is security. The year 2024 was additionally the affliction year for exchanges in agreement of bulk of crypto stolen. Hence, LIQNET was developed with appropriate absorption to its security.
Furthermore, Roman explained that for the server part, LIQNET uses a geo-distributed clandestine cloud, while the applicant allotment consists of a web terminal. They abet alone with accomplished and acclaimed players, and anniversary adaptation of the barter is accountable to a austere absolute aegis audit. There is a two-factor authentication, KYC through a reliable partner. LIQNET additionally has added aegis solutions, which are:
Since its barrage in 2024, LIQNET has accustomed a few banking account licenses from EU, such as authorization to accommodate casework of exchanging a basic bill adjoin a authorization currency, to accommodate a basic bill wallet service, and to accomplish as a banking institution. “The licenses we accustomed from the EU appearance our charge in alms a accepted and defended cryptocurrency barter for our users,” said Roman.
Not alone that, LIQNET issues their own badge LEN, for which will accept a abatement of up to 90% on barter fees. Moreover, captivation tokens grants you voting rights like allotment what trading pairs arise on the barter and means to absorb calm commissions. Roman additionally added that LEN is a account badge (a badge that is issued in adjustment to armamentarium development of the cryptocurrency and that can be acclimated to acquirement a acceptable or account offered by the issuer of the cryptocurrency), and barter tokens with account accept acceptable advance abeyant if the activity has able fundamentals and an accomplished team.
In 2024, LIQNET took allotment in about all above conferences in adjustment to acquaint the barter to top industry participants: Crypto Valley Conference in July in Zug, Switzerland, Amsterdam Blockchain Expo 2024 in June, Block Show Europe 2024 in Berlin and of advance the Consensus 2024 in New York. In 2024, the aggregation is sending assembly to the Jakarta Blockchain & Fintech Annual Summit accident today, 15th of January.
“We calm acknowledgment from traders and based on their problems and pains we came up with LIQNET and abide to advance it,” said Roman. “It was important for us to accept a alive artefact afore we proceeded with our tokensale so abeyant investors could see we were accepted and absolutely alive adamantine to change the crypto industry.”
About LIQNET
LIQNET is a cryptocurrency barter with Liquidity Barter Network (LEN) technology. After it was opened for crypto trading in 2015, LIQNET continues to abound and advance steadily until this year. Founded by experts in finance, banal and forex trading and advice technologies, LIQNET uses a different apparatus aimed at accouterment a simple, secure, and assisting trading acquaintance for its users. Up until 2019, LIQNET holds EU licenses to accommodate casework of exchanging a basic bill adjoin a authorization currency, accommodate a basic bill wallet service, and accomplish as a banking institution. For added information, appointment www.liqnet.io or www.liqnet.com.
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