Liquid Crypto Review Contents
Liquid Overview
Liquid is a cryptocurrency exchange platform that offers trading services for various cryptocurrencies. It was launched in 2018 and is headquartered in Japan and the platform is designed to offer both retail and institutional traders access to global cryptocurrency markets. A unique selling proposition of Liquid is its focus on security and regulatory compliance, with the platform is licensed by the Japan Financial Services Agency (JFSA) and operates under a robust security framework to ensure the safety of user funds.
| Product Feature | Description |
|---|---|
| Deposit Methods | • Bank wire transfer • Cryptocurrency transfer • Credit/Debit card • Online payment processors such as Skrill, Neteller, and Payoneer |
| Fiat Currencies | • USD • JPY • EUR • AUD • SGD • HKD • PHP • IDR |
| Deposit Fees? | • Bank wire transfer: Depends on the bank and location • Cryptocurrency transfer: Free • Credit/Debit card: 3.5% • Online payment processors: Varies depending on the processor |
| Withdrawal Fees? | • Bank wire transfer: Depends on the bank and location • Cryptocurrency transfer: Free for most coins • Credit/Debit card: Not applicable • Online payment processors: Varies depending on the processor |
Liquid Product and Platform Features
One of the features that Liquid prides itself on is its high level of security. The exchange uses multiple layers of security, including two-factor authentication, SSL encryption, and cold storage for user funds. This isn’t the only plus-point for the Liquid brand, though. Here is a list of Liquid crypto exchange product and features:
Spot trading
Liquid allows users to trade various cryptocurrencies against fiat and other digital currencies.
Margin trading
Users can also trade on margin with up to 25x leverage on selected cryptocurrencies.
Futures trading
Liquid offers perpetual swaps and futures contracts with up to 100x leverage.
Crypto lending
Liquid provides users the ability to earn interest on their cryptocurrency holdings by lending them to margin traders.
Wallet services
Liquid provides users with a secure online wallet for storing their cryptocurrency.
API integation
Liquid provides a REST and WebSocket API for developers to integrate their trading bots or other applications.
Liquid Pro
Liquid has a mobile app called Liquid Pro, which allows users to access trading services on the go.
Advanced charting and trading tools
Liquid provides a range of advanced charting and trading tools for technical analysis, including TradingView charts.
OTC trading
Liquid offers OTC trading services for institutional clients who want to trade large volumes.
Fiat gateway
Liquid supports fiat currency deposits and withdrawals, making it easy for users to buy and sell cryptocurrencies with their local currency.
STO Launchpad
Liquid allows companies to launch and manage Security Token Offerings (STOs) on their platform, providing an easy and secure way for investors to participate in these offerings.
Liquid Review Conclusions
A feature that sets Liquid apart from other cryptocurrency exchanges is its extensive selection of trading pairs. Liquid offers a wide range of trading pairs, including fiat-to-crypto, crypto-to-crypto, and even margin trading. There are other Pros and Cons for you to consider when it comes to the Liquid crypto exchange too:
Pros for Liquid
- Wide range of cryptocurrency trading pairs available.
- Offers both spot and margin trading.
- High level of security measures, including 2FA, SSL encryption, and cold storage.
- User-friendly interface and mobile app.
- Low trading fees for both makers and takers.
- Liquid has a liquidation engine designed to minimize the risks of margin trading.
Cons for Liquid
- Limited payment options for deposits and withdrawals.
- Customer support can be slow to respond at times.
- Liquid has faced security breaches in the past, which may raise concerns among some users.
- KYC process can be time-consuming for some users.
- Limited availability in some countries.