LIQNET: A CRYPTOEXCHANGE PLATFORM THAT AGGREGATE BUY/SELL ORDER WITH THE BEST MARKET DEPTH AND PRICES
INTRODUCTION
LIQNET is a cryptocurrency exchange platform that aggregates liquidity from various platforms thus solving the problem of the splitting of users and their trading orders by forming a unified order book with the best market depth and prices.
Liquidity Exchange Network (LEN) is the key mechanism among others that makes Liquet exchange unique. This mechanism allows collecting and aggregating buy/sell orders through APIs of numbers of exchanges located anywhere in the world and forming a unified order book.
Consequently, Liqnet users get access to the single order book, in which they see both the orders of their exchange and orders relayed from other platforms. Due to the platform aggregating sufficient amount of liquidity of various tools, it is planned to implement trading of deliverable futures and options for those that have the highest liquidity. LEN allows the LIQNET system to get an improved model from the standard model of market depth that offers added liquidity at the intersection of supply and demand.
Another uniqueness of LiQNET is that its ICO is with finished products. The trading is accessed through a unique professional web terminal that comprises of a graph with a multitude of tools for technical analysis; all types of orders and their execution policies and tools for scalping trading, market making, etc.
LiQNET also has high level of security which means the security of the server side has been thoroughly tested.
PROBLEM OF TRADITIONAL EXCHANGE SOLVE BY LiQNET
- There are minimal volumes at the best price. LiQNET execute a big order at the best price (large market depth)
- Traditional exchange has larger spread while LiQNET provides efficient minimal spread
- When trading large volumes, there’s a chance to shift the prices on a particular platform. LiQNET provides the ability to trade large volumes without the risk of shifting the market
- There is the need to monitor several platforms in traditional exchange. LiQNET ensures the best prices, minimal spreads, and the biggest volumes all in one place.
LiONET TOKEN
The code of the token on the exchange is LEN and is of Standard ERC20. The maximum number of tokens (provided that all tokens will be sold in the first three days): 63,746,032. After the PreICO, the number of tokens issued can be recalculated depending on bonuses and fees. The price of one LEN token is $1.
The exchange value of the LEN token will be determined in accordance with the demand and supply. The more users of the LIQNET platform, the more participants need LEN tokens.
Additionally, based on the results of votings of the token holders, it is possible that a buy-out of tokens at current prices at LIQNET will be done to ensure the demand in order to avoid sales at low prices and access to ultra-low discounts in huge volumes.
ADVANTAGES OF TOKEN HOLDERS
The token will allow the purchase of a discount on fee; get access to the voting service to make decisions on the choice of the trading pairs offered at the exchange; Increase of the exchange’s marketing budget; choice of Increase of deposits on other exchanges to provide better liquidity for the LIQNET platform; and choice of additional sources of liquidity for LIQNET in addition to the ones added by the LIQNET developers etc.
TOKEN SALE DESCRIPTION
TEAM
CONCLUSION
Liquidity Exchange Network (LEN), ICO with finished products and higher level of security are the keys mechanism that makes LiQNET exchange unique. For details information about LiQNET, it is important to check their various links and channels indicated below:
Website: https://liquet.io
Whitepaper: https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdf
Join on Telegram: https://t.me/liqnet_official
Follow on Twitter: https://twitter.com/LIQNET_official
Follow on Facebook: https://www.facebook.com/LiqNet.io/
Follow on Medium: https://medium.com/@liqnet.io
Follow on BitcoinTalk: https://bitcointalk.org/index.php?topic=3736633.new#new
NB: Most of the picture diagrams and table displayed in this write up are obtained from official site of LiQNET.
Username: Akinseye118