Quoine Launches Crypto Trading Portal Liquid

Fintech company Quoine announced today that it has launched a cryptocurrency trading portal, Liquid. Through the portal, users will be able to access a global network of cryptocurrency exchanges.

Currently, with Liquid, users can match trades across multiple transactions and Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term. This means that orders of BTC/SGD, ETH/SGD and BTC/ETH can be matched together.

As time goes on, Liquid aims to offer a 'World Book' technology. This will combine the orders and prices on various exchanges into one tradable order book. From here, orders can be placed in the currency of the user’s choice.

Through its matching engine technology, Liquid's World Book will provide Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. It will match orders to allow traders to buy and sell into healthy order books.

Commenting on the launch of Liquid, Mike Kayamori, co-founder and CEO of Quoine, said: "Cryptocurrency markets need stability. This year, the 30 day BTC/USD volatility index has been above 3% for almost the entire year, with highs topping 8% at the start of the year. Liquid is paving the way to a less volatile future by improving liquidity within the cryptocurrency ecosystem.

However, Liquid is more than just a cryptocurrency exchange. Liquid is an all-in-one platform that will bridge the gap between traditional finance and the token economy. We offer everything you need within our suite of services, while our underlying tech will help connect a global crypto community."

Quoine to merge existing platforms with Liquid

For its Japanese operations, Quoine was the first global cryptocurrency exchange to be officially licensed by Japan's Financial Service Authority (FSA). The company has two trading platforms - Qryptos and Quoinex. These will merge into the new portal and provide access to liquidity pools sourced by a unified platform.

According to the statement, in November last year, Quoine raised $105 million in its initial coin offering (ICO) to fund the growth of Liquid. At the moment, the firm processes annual transactions worth more than $50 billion.