Launched in 2018, Liquid is a new exchange which supports the transactions in US dollars and other digital currencies. The new platform was formed from two existing platforms – Quoinex and Qryptos. The exchange offers a wide range of features which is suitable for beginners as well as experts. The exchange supports multiple fiat currencies like the Japanese Yen, US Dollars, Euros, Australian Dollars, and Singapore Dollars, along with Bitcoin (BTC), Ethereum (ETH) and numerous other digital assets. Liquid is a unified, globally-sourced trading platform which has its own native token— QASH. QASH holders are subject to a wide array of benefits like discounts on trading fees, receiving airdrops or earning daily interest with its Lending app. The exchange charges three types of fees— deposits fees, trading fees, and withdrawal fees. Liquid doesn’t charge any fees on fiat or crypto deposits. Crypto/fiat pairs have no trading fees while the crypto/crypto pairs are charged. The exchange also provides 50% discount on crypto/crypto pairs when the trading fee is paid with QASH. Liquid doesn’t charge any fees for the crypto withdrawals. The combined trading limit is of 500 BTC per hour for market takers. The exchange is good for the new as well as for advanced traders.
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