About Liquid.com
Liquid.com is a Japanese-based exchange, previously known as QUOINE. The Liquid platform launched in September 2018, after its parent companies, QUOINE and Quoinex, have been operating in the crypto space since as early as 2014. The platform was originally set to introduce novel concepts explained in the QASH ICO that QUOINE held, in November 2017, which was successfully concluded at an impressive $104M raised. Since then, QUOINE and QUOINEX merged into Liquid, which is now, in opinion – the best altcoin exchange no one talks about.
Liquid sports a highly responsive website and interface, the most user friendly experience in all workflows: account sign-up, security walkthrough, KYC process and support mechanisms. The platform appears to have been designed meticulously and with the trader in mind, and it shows – it is the best performing platform they have used to date.
Operating company
Exchange name | Liquid.com |
Support | 24/7 |
Langugae | English |
Withdraw Fee | 0.000812 BTC |
Trading Fees | 0.05% |
Taker Fees | 0.10% |
Official site | https://www.liquid.com |
How To Start With Liquid.com
To start trading with Liquid.com ,Indian residents first have to sign up for an account by following the steps below.
Step 1. Click on the “Login/Signup” link on the top right hand corner of the Liquid.com website.
Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.
Step 3. If you have a referral code, enter the code while creating your account.
Step 4. Submit the form and wait for an activation email to be sent to you.
Step 5. Click on the “confirm email” link in the activation email.
Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Liquid.com account.
Liquid Trading fees
When looking at trading fees at a cryptocurrency exchange, you must first understand the concept of “maker” and “taker”. Every trade occurs between these two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. We call makers “makers” because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own.
Liquid has a decent fee offering. Both takers and makers pay 0.10% in trading fees (or 0.05% if you pay the trading fees in QASH). As the global industry average is around 0.25%, Liquid’s fees are roughly 60% lower than average. Wonderful.
Liquid Withdrawal fees
Most exchanges charge a fixed withdrawal fee when you withdraw crypto from the exchange. Liquid too. They charge a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is around 40% lower than the current industry average (which is 0.000812 BTC).
Deposit Methods
Liquid offers wire transfer as a deposit method, but you can’t deposit via credit card. According to information from Liquid to us here at Cryptowisser, credit card funding will be available also at this trading platform sometime during January-March 2019. So if you need to deposit fiat currency via credit card but there is no urgent need to do it, Liquid might still be the right place for you.
Customer Support
If you have any issues with your account or even a specific transaction, Liquid’s online help focus contains a few aides and answers to an extensive variety of FAQs. If you require assist help, you can open a live visit window to begin a discussion with the Liquid help team.
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