Liqnet - United Exchange

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Liqnet - United Exchange

Trading is not easy especially when you are in the early stages of crypto. Dealing with registrations, personal security protocols that needed to be done, trading fees, transaction fees and timestamps. Those are the things that you need to look forward when you want to trade your currency in an exchange and wanting to trade other currency in the other. Liqnet has a solution for that.

So what is Liqnet?

LIQNET is a cryptoexchange 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. In simple words: LIQNET is a cryptocurrency exchange that aggregates liquidity from different exchanges across the internet. For example a sell order for a certain cryptocurrency may be placed on one exchange and a buy order may be placed on another exchange.Its main goal is to reduce the bid/ask spread, while provide the highest liquidity across multiple order types and markets.ICO information:
Token symbol:LENStandard:ERC20 Maximum number of tokens:63 746 032
Current stage: Pre-sale
Pre-sale bonus: 100%
Price of one LEN token:$1 (100% BONUS)Soft cap: 20 000 000 USDHard cap: 50 000 000 USDPayment methods:ETH, BTC, BCH, ZEC, LTC, XRP, Waves, USDTime frame: Pre-sale ends in 3 days!

Strong sides

Working product: https://liqnet.com/ is publicly available web terminal
Platform allows to set TAKE PROFIT and STOP LOSS orders
Fully functional iOS and Android trading apps are planning for 2018
Limited token supply: 63 746 032 LEN
Pre-ICO bonus is still available (100% BONUS!)
Minimized spreads,
Token holders have some advantages on exchange: they can purchase a discount on fees: one token gives a 0,5% discount on the sum of fees for one day.
Solid business model: The projected daily trading volume of the LIQNET platform is $200 million, then with an average commission of 0.15% (taker = 0.1%, maker 0.2%), the planned net profit is of $0.4 million a day.
Physical hardware is located in two different datacenters :France and Canada
The company is registered in Singapore
LIQNET has a suite of analysis tools for traders.
High liquidity allows users to reduce or fully eliminate the costs of slippage.
93% of tokens are for sale during ICO period

Weak sides:

Exchanges face various legal barriers in many countries
Takes long time for exchange to earn reputation and form loyal customer community
100% bonus for pre-ICO participants might scare away potential buyers during main sale
Little information about the team
Absence of significant partners in blockchain market
Small advisory board
Project is not hyped at all, community is not formed yet
Token has additional risks associated with Ethereum platform as it uses ERC-20 token

Conclusion:

This project has good potential if you participate in pre-ICO, since 100% bonus will give you significant advantage over those who will buy token during main sale period. I like that product is already available for public and can be used. There are several risk factors that you have to consider: all exchanges are subject of regulations and sometimes they face serious legal barriers. This project doesn’t have any hype and support from another large projects yet. Liqnet takes specific niche as it solves specific trading problem. LIQNET is capable of aggregating liquidity from different exchanges across the internet, therefore it can reduce the bid/ask spread and fees/costs. While the project has numerous advantages, it might take a time before Liqnet exchange will get significant customer base. I like appreciation token model as it might attract long and short-term investors.

Warning : This is not an investment advice

If you want to know more about the project visit these links below :

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