What is LiQNET?

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.

Why LiQNET?

Because LiQNET exchange has LEN(Liquidity Exchange Network) tool, which allows to collect and combine orders of our exchange’s clients and orders from third-party platforms into a single order package, LiQNET’s clients don’t have to go to other exchanges. The holders of the LEN tokens get privileged terms.

The Advantages of LiQNET Exchange Over Traditional Exchanges

LiQNET Exchange

• Has the ability to execute a big order at the best price (large market depth)
• Minimal spreads
• 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
  
  

Traditional Exchange

• Minimal volumes at the best price
• Larger spread
• When trading large volumes, there’s a chance to shift the prices on a particular platform
• The need to monitor several platforms
  
  

LEN Token Description

Name: LEN
Standard: ERC20
Number of Tokens: 63,746,032
Token Price: $1

Benefits of LEN for the Token Holders

• Discount on Fees: one token gives a 0,5% discount on the sum of fees for one day. The discount is activated for 24 hours in the personal account right aſter the withdrawal of tokens or at the set time. Increment size is 0,5%, the highest possible discount is 90%. The timing of the discount can be chosen in the personal account. For example, 10% discount on the fees for a day costs 20 tokens, 50% discount for a week requires 700 tokens.
• LEN token holders get access to the voting service to decide on the trading pairs offered by the exchange and the ways of spending 50% of attracted funds.
  
  

Distribution of Funds Collected During the ICO

LiQNET’s Roadmap

2015 to 2016 — 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.

2017 — 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 website.

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 to 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 conversion.

Q4 2018 — Improvement and bug fixing of the iOS and Android apps.

Q1 2019 — Launch of the Internet acquiring service, actualization in the part of the 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 ICO’s (in a separate jurisdiction).

Author’s Perspective

The market for cryptocurrency exchanges grows over time as the people using cryptocurrency is increasing. Any positive information affects the growth of popularity and acceptance of cryptocurrencies. That’s why growth potential of cryptocurrency exchanges is vast. The only problem in the market is that the cryptocurrency exchange users are scattered into different exchanges and new exchanges entering the market might only get a small percentage of its target market. Gladly, LiQNET’s exchange solves this problem of scattering of users by uniting liquidity from the different platforms. With the detailed roadmap and whitepaper of LiQNET, I can say that it is one of the projects worth investing.




Note: This should not be treated as “investment advice” or as a “recommendation”.

ICO Website: https://liqnet.io
Exchange Website: https://liqnet.com
Whitepaper: https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdf
Facebook: https://www.facebook.com/LiqNet.io
Twitter: https://twitter.com/LIQNET_official
Medium: https://medium.com/@liqnet.io
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=1207118
My BountyHunters Referral: https://bountyhunters.io/user/register?ref=3315