With the large number of cryptocurrencies in circulation today it's hard to believe blockchain technology is less than 10 years old. Decentralization in our Finances and freedom to create community-backed value has never been so easy.
The major problems of investing in cryptocurrency are fragmentation and FUD.
FRAGMENTATION - Most cryptocurrencies exist individually like islands and need to be able to relate(trade) with others in order to have relevance. If you can't spend your crypto or give it in return for something then it's useless right? So with all these currencies comes the need for a central point of exchange of value (Exchanges) and with Exchanges come trading and lending opportunities.
FUD - Fear, Uncertainty, Doubt. Crypto markets are naturally volatile as they depend strictly on market forces of demand and supply to dictate their value. This leaves them very vulnerable to doom criers, over-hypers, and large holders who often tend to manipulate the market for gains.
QUOINE is a Tokyo-based leading Fintech company that provides trading, exchange, and next generation financial services powered by blockchain technology. They are of the opinion that access to premium financial services are not meant to only be accessible by the rich or privileged elite but by everyone.
QUOINE has an established physical international presence with offices in Singapore, Japan, and Vietnam. QUOINE combines a this strong network of local partners with over 250 years of combined team experience in Fintech to deliver First Class financial services to its customers worldwide.
QUOINE believes in transparency and quality service. From all information and Crypto News, QUOINE is totally compliant and insists on doing everything by the book. They have the unique distinction of being the first global cryptocurrency firm in the world to be officially [licensed by the Japan Financial Services Agency (License 00002).
THE LIQUID PLATFORM
At inception in 2014, QUOINE first launched Quoinex - A platform for buying cryptocurrency with fiat. They then launched Qryptos - a platform for trading cryptocurrencies for each other, in 2017. It is worth noting that Qryptos was one of the most successful ICOs in Asia, and they raised over $100 million investment selling their native token, QASH.
Being the innovative company, they later decided to streamline their services and at the end of August 2018, QUOINE announced that they had officially merged Quoinex and Qryptos together to form Liquid.
Liquid is a unified, globally-sourced trading platform that bridges the worlds of fiat and crypto.
Liquid Website
Liquid is now a Top 5 exchange that specializes in diversified financial services, among them is giving the trader and investor advantageous access to cryptocurrencies with explosive growth potential. In July 2018, Liquid had recorded over $50 billion in transactions in a 12-month period! The custom token Qash is also trading and listed on CoinmarketCap
WHY YOU SHOULD USE LIQUID
LIQUIDITY. As it's aptly named, the purpose of the Liquid platform is to provide liquidity of assets that traders are interested in. Most times when there is a spike in demand for a crypto and an exchange can't handle the orders trading is shutdown or PAUSED. This is not ideal as customers will be displeased, may panic and will likely migrate their assets to another exchange.
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Liquid is a cross linked network linking all major exchanges. It allows them to "borrow" from each other to fill orders thereby stabilizing the entire crypto-market by reducing scarcity-induced volatility. This will encourage an influx of investment into the crypto-market as prices stabilize. Merchants will also be more convinced to integrate crypto payment options for their customers.
With Liquid Investors can discover new tokens, take part in quality ICOs and trade in the currency of their choice. Liquid supports multiple fiat currencies for easy trading. It also lists many new tokens chosen for their great potential value. Examples of such tokens are the Gaming Platform Token Xaya, the blockchain Insurance token iCash and the Decentralized Autonomous Organization token Daostack
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The Liquid platform is designed to be user-friendly and easily navigated even by the beginner. Crypto-fiat trade payments are made with Real Time prices to maximize customer gain. Liquid runs transparently. They are audited and regulated by the Japan Financial Services Agency.
As mentioned earlier, QUOINE has a massive physical presence and boasts a telegram community of over 17000 active members. Connect and mingle with this friendly community of experienced crypto traders and investors on Telegram
MY OBSERVATION
QUOINE is a lovely project, tested and proven with a strong working team and active community. Their strength lies in the fact that they are not just after "mass adoption" or "mooning of token" like everyone else but they are focused on implementing a platform that will leave every customer with a smile. Their platform offers advanced tools that will help every trader analyze and make profitable trading decisions. You don't have to take my word for it, check it out yourself.
In the next article we will discuss the mechanisms and technologies of the Liquid Platform.
If you would like to learn more about this lovely project you can join their telegram group, or follow any of their social media accounts
Telegram | Twitter | Facebook | Instagram | Medium
You can also visit any of these links for interesting information about the project
Project Website: https://quoine.com/#products
Products & Services: https://www.liquid.com
Project Token: https://coinmarketcap.com/currencies/qash/
Quoine Team: https://quoine.com/#mission
RELATED ARTICLES
https://www.investinblockchain.com/liquid-platform-launch/
https://www.businessinsider.sg/daostack-announces-new-gen-exchange-listing-on-liquid-by-quoine-2/
https://bitcoinexchangeguide.com/quoine-crypto-companys-liquid-ico-platform-adds-new-features/
DISCLAIMER: The information contained within this post shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money by not investing wisely. The above information is for educational and entertainment purposes only. Kindly Endeavor to DO YOUR OWN RESEARCH.
Image Credits - Unless stated otherwise, images were taken from the QUOINE website.
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