It is no doubt that the popularity of cryptocurrencies in the last few years have soared to an unimaginable height. Cryptocurrency is considered a digital asset, but what becomes the faith of an asset when it can’t be easily converted into cash without losing its value? Well, the previous question is rhetorical in nature as the answer is obviously clear. Cryptocurrency assets can be converted or traded for paper currencies as well as converting/trading one crypto for another, this crypto transaction can be carried out on cryptocurrency exchange platforms.
It will be very unfair not to acknowledge the litany of so many crypto exchange platforms on ground providing crypto exchanges for the many crypto holders, but the increase in numerous cryptocurrency exchange platforms leads to an increase in volatility of cryptocurrencies because, with so many crypto trading markets available, trading of cryptocurrency is shared by these exchange markets hence leading to significant decline of liquidity. This scenario runs contrary to the cryptocurrency goals of financial freedom and unifying or bringing people together.
Cryptocurrency discussions can’t be complete without mentioning the technology behind it. Blockchain technology is the brain behind cryptocurrency, cryptocurrency is just one of the applications or benefits of the Blockchain tech. This technology (blockchain), is built on decentralized and distributed blocks of records(ledgers). These blocks of records are immutable, secured and transparent due to the fact that they (blocks of records) are being controlled and maintained by a decentralized network of computers called nodes on the blockchain network.
Introducing LiQNET
With the increasingly negative impact of too many crypto exchange platforms, there comes the urgent need for an integration of these fragmented platforms into a single unit in order to achieve higher crypto asset liquidity.
#Liqnet is the solution to the problems associated with numerous crypto exchange platforms. Liqnet, a trusted cryptocurrency exchange platform integrates liquidity of individual crypto exchange platforms as well as their user's assets (cryptocurrency) into a single exchange platform that will yield better market values and improved prices for all involved on the exchange market
Key Features
- LEN: To achieve its crypto exchange unification goal, Liqnet uses the LEN(Liquidity Exchange Network) to securely gather and merge orders on buying and selling of Cryptos worldwide into a single order book. Since exchange orders are compressed into a single record, therefore users are opportuned to make deals at fair and favorable prices. On the unified order book, exchange orders from the Liqnet platform and other affiliated exchange platforms are maintained.
- Online Market Wallet: With the availability of this service, one can comfortably exchange cryptocurrencies and fiat currencies with just a click of a button. This service is equally fused with some cryptocurrency investment tips through mobile apps development.
- In order to stay in tune with the trends on smart mobile device platforms, the Liqnet platform comes in both Android and iOS environment with extensive trading capacities.
- LEN token: LEN token is ERC20 standard compliant and has the LEN symbol. Holders of this token can get a 90% discount in exchange fees which is determined by the number of tokens spent on it. Important decisions such as choice of trading pairs and how to spend 500% of collected fees are democratized by the LEN token holders through votes.
Whatch the official Liqnet video below...
LiQNET TEAM
Advisory Team
Roadmap
Token Details
| Token | LEN |
|---|---|
| Price | 1 LEN = 1 USD |
| Platform | Ethereum Based |
| Accepted | ETH, BTC, LTC, BCH, ZEC |
| Soft cap | 20M USD |
| Hard cap | 50M USD |
| Country | Singapore |
In Conclusion
#LiQNET is a must join project, because cryptocurrency market is fast growing, and with this project in place, it's going to help in the liquidity of crypto market and an effective trading system. That means anyone that joins this project in the early stage would have a lot to benefit in the long run.
Useful Links
| AUTHOR |  |
|---|---|
| Bounty Hunters' ID | 16751 |
| BTT Link | https://bitcointalk.org/index.php?action=profile;u=1633177 |