LIQNET ICO - Just One Day To Go - Hurry!
LIQNET - THE CRYPTOCURRENCY EXCHANGE WITH THE UNIQUE LIQUIDITY POOLING TECHNOLOGY
Before I take you on this voyage, please check out this video presentation
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.
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.
LIQNET, discovered online at LIQNET.com, accumulates liquidity from different exchanges and enables traders to get to this liquidity through a solitary dashboard. You can exploit arbitrage openings between exchanges. Or on the other hand, you can essentially utilize LIQNET to get to greater liquidity.
The framework rotates around as far as possible request book, or LOB. You get to this request book through the expert LIQNET interface. LIQNET was declared on April 24, 2018.
How will it work?
LIQNET spins around its point of confinement arrange book, or LOB, and its LEN component. The Liquidity Exchange Network, or LEN, system averts liquidity fracture by pooling offers and requests from various exchanges.
Rather than getting to liquidity from a solitary cryptocurrency exchange, you can get to liquidity from numerous exchanges utilizing a similar expert LIQNET dashboard. The main advantage of this higher liquidity is that traders can appreciate a lower offer/ask spread.
LEN gathers and pools orders from exchange clients like you. At that point, it associates those requests with orders from different stages, making a solitary profundity of market board. Requests are gathered and after that influenced accessible for exchanging to all LIQNET to exchange clients.
Utilizing general society APIs of cryptocurrency exchanges, LEN surveys them for buy and sell offers, framing a solitary profundity of the market board for its clients and enabling traders to locate the best costs at the negligible spread.
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 LEN technology
The LIQNET platform also maintain the technological system for providing the best opportunity. They also provide three essential services to the users of this platform. There is also data collector system on the LIQNET platform. There are physical server 1 , 2, as well as physical Node, are also connected to this system. Each Node is privet cloud as well as runs for few servers. On the other hand, they include an automated trading system on this platform.
There is also an automated machine for distributing or allocate the funds. On the other hand, their main target is to increase the liquidity and trading volume on the market. They also use the API system to provide a quality full service to the users of the LIQNET platform. As a result, it is cryptocurrency exchange as well as all problems of cryptocurrency trading will solve by using the LIQNET platform.
THE ADVANTAGES OF LIQNET EXCHANGE OVER TRADITIONAL EXCHANGES
Has the ability to execute a big order at the best price (large market depth)
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.
Minimal volumes at the best price
When trading large volumes, there’s a chance to shift the prices on a particular platform
The need to monitor several platforms.
Other Advantages of LIQNET includes:
Fully functional mobile applications for Android and iOS.
Project online purse, which allows you to exchange crypto-converters and fix money with the click of a button.
Acquisition of services for receiving payments in crypto-currencies, which provide many opportunities for sellers and protects against many risks.
A number of cryptocurrency exchanges aggregate liquidity from across different exchanges. So what makes LIQNET special? What kind of fees can you expect to pay? Here are some of the notable fees as listed on the LIQNET fees page:
Trading Fees: 0.2% taker fee, 0.1% maker fee
Deposit Fees: 0 (0% deposit fees on all deposit options, including bitcoin, Litecoin, USD, Ethereum, Bitcoin Cash, DASH, and Peercoin).
Withdrawal Fees: 0.0001 BTC, 0.01 LTC, 0.01 USD, 0.01 ETH, 0.01 BCH, 0.01 DASH, and 0.01 PPC.
TOKEN AND ICO DETAILS
Token symbol: LEN
Maximum number of tokens:63 746 032
Price of one LEN token:$1 (100% BONUS)
Soft cap: 20 000 000 USD
Hard cap: 50 000 000 USD
Payment methods: ETH, BTC, BCH, ZEC, LTC, XRP, Waves, USD
Remember, 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.
WHAT THE TOKEN ALLOWS YOU TO DO:
Purchase a discount on fees: one token gives a 0,5% discount on the sum of fees for one day. The discount if activated for 24 hours in the personal account immediately after the withdrawal of tokens or at a particular time. Increment size is 0,5%, the highest possible discount is 90%. The timing of the discount can be chosen in the personal account.
And also get access to the voting service to make decisions on the following matters:
Choice of the trading pairs offered at the exchange: at first, one or two pairs will be available in the system, the token holders choose the first 20 pairs that will be added to the system after the ICO;
Choice of the ways of spending 50% of attracted funds;
Choice of trading pairs to be added in the future in addition to the pairs that will be added by the LIQNET developers;
Increase of the exchange’s marketing budget;
Increase of deposits on other exchanges to provide better liquidity for the LIQNET platform;
Choice of additional sources of liquidity for LIQNET in addition to the ones added by the LIQNET developers;
Buy-out of the tokens on the platform at current prices to support the demand for them thus evading low price token sales and, therefore, the access of users to ultra-high discounts in large volumes, which can lead to a drastic decrease of the volume of the exchange’s fees.
Benefits of the token holders
On the growing cryptocurrency market, the ICO may be one of the few options for investors to enter the cryptocurrency services and exchanges market through a finished elaborated project.
Development of the trading core, elaboration of the detailed concept of the exchange. MVP has been upgraded to the service, beginning of the tests of the information security model at high continuous loads
Development of a professional trading terminal, preparation for the launch of the project, the idea of an ICO
DECEMBER — 2017
The trading core that aggregates liquidity from at least three sources, a web-based trading platform.
JANUARY — 2018
Rework of the platform’s site
ICO JULY — 2018
Testing the core under high load, the number of sources of liquidity is greater than 10, the number of orders is more than 500 per second.
Q2-Q3 — 2018
Purchase of the MT5 license and its customization for our service.
Q3 — 2018
Connection of additional payment systems allowing you to replenish the balance from MC, Visa, Union Pay plastic cards, possibly, connection of PayPal and other payment systems.
Q3-Q4 — 2018
Launch of an online wallet with the investor’s personal account and the functions of receiving, storing, sending funds, automatic convertion.
Q4 — 2018
Improvement and bugfixing of the iOS and Android apps.
Q1 — 2019
Launch of the Internet acquiring service, actualization in the part of interaction with various cryptocurrencies on the current date.
Q2 — 2019
Launch of the merchant acquiring service.
Q2 — 2019
Start of the margin trading/shipment futures trading.
Q2 — 2019
Launch of the platform used to trade third-party tokens during ICOs (in a separate jurisdiction).
MEET THE AMAZING TEAM
Co-founder of the project
Co-founder and technical manager of the project
Project Manager. He has 9 years of experience in finance, stock, and currency markets. Head of an investment company. Experience in the field of cryptocurrency projects since 2013. Higher technical education.
Is a Research Fellow at the University College London Centre of Blockchain Technologies and Program Director of Business Analytics at the Cyprus International Institute of Management.
A bachelor of the University of Manila, an expert on SMM, has many years of experience working with cryptocurrency and blockchain projects.
DR. STYLIANOS KAMPAKIS
Dr. Stylianos Kampakis is an expert data scientist, member of the Royal Statistical Society, honorary research fellow at the UCL Centre for Blockchain Technologies and startup consultant living and working in London. A natural polymath, with degrees in Psychology, Artificial Intelligence, Statistics, Economics and a PhD in Computer Science he loves using his broad skillset to solve difficult problems.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
ICO Website: https://liqnet.io
Exchange Website https://liqnet.com
Official Telegram Channel: https://t.me/liqnet
Telegram Community Discussion: https://t.me/liqnet_official
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
NB: You still have time to make the best wise decision of your life, invest now or live to regret later. You have just one day left. Do the needful!