LIQNET- A Unique Cryptocurrency Exchange

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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.


FEATURES AND BENEFITS
No Slippage:
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.
Trust:
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.
Decentralization:
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.
Security:
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
LIQNET EXCHANGE
Has the ability to execute a big order at the best price (large market depth)
Minimal spreads
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.
TRADITIONAL EXCHANGE
Minimal volumes at the best price
Larger spread
When trading large volumes, there’s a chance to shift the prices on a particular platform
The need to monitor several platforms.
TOKEN AND ICO DETAILS
PRE SALE 7 MAY 2018–27 MAY 2018
PUBLIC SALE 28 MAY 2018–31 AUG 2018 (1.0 USD = 1.0 LEN)
TICKER LEN
PLATFORM ETHEREUM
COUNTRY SINGAPORE
SOFT CAP 20,000,000 USD
HARD CAP 50,000,000 USD
TOTAL TOKENS 63,746,032
KYC REQUIRED YES
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.
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.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field. LIQNET was founded by a team of finance, law, and technology professionals with a proven track record in traditional investments and forex trading. Key members of the team include Roman Shirokov (CEO), Evgeny Tarasenko (CTO), and Vyacheslav Kasatkin. LIQNET was incorporated in 2015. The company is registered to an address in Singapore (10 Maxwell Road, Singapore).
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. You can be a part of this tremendous project by following these links for more information;
ICO Website: https://liqnet.io
Exchange Website https://liqnet.com
Whitepaper: https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdf
Facebook: https://www.facebook.com/LiqNet.io
Twitter: https://twitter.com/LIQNET_official
Medium: https://medium.com/@liqnet.io
Official Telegram Channel: https://t.me/liqnet
Telegram Community Discussion: https://t.me/liqnet_official
Author
nugezmils
BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621

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