And what do you think about market situation?
Hello)
Today, the number of exchanges has grown so much that the market needs unification to be able to continue to develop as a single organism. Users and their assets are split; therefore, liquidity is split, too. Cryptocurrencies should unite people, companies, and financial streams, but the fragmentation of trading over several platforms leads to increased volatility of many cryptographic currencies and assets.
This scares traditional investors away from investing in cryptocurrencies. Low level of liquidity and considerable spreads don't help the development of the cryptocurrency industry. Naturally, exchanges should seek to get into a unified trading place to be able to use the combined liquidity to increase revenue.
The abundance of exchange and trade tools on the market should also be critically reviewed. At first glance, the market is filled with stock and cryptocurrency exchanges. However, when filtered by such parameters as reliability, accessibility for end users (many exchanges are selective in allowing residents of different countries and jurisdictions to trade), ability to trade with required tools (fiduciary currencies included), the choice is narrowed drastically, and the illusion of abundance goes away.
At the remaining optimal exchanges, liquidity will be limited. Therefore, during a market move or when buying or selling a significant amount of funds, a trader risks to fail to get the required amount or get it at an unacceptable price. We solved this problem by uniting liquidity streams from different platforms into one order book.
And what do you think about market situation?
I think that is not quete clear. But I have heard about the interview.
Hi)
I`ve given the brief answer above, but more detailed information you can also find in our WP
https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdfI see that The base of the LIQNET project is a protected cryptocurrency exchange, if you see ideas on this project need to be monitored its development, I hope the exchange will be easier for someone to do trading and transactions
Greetings)
You are absolutely right! The security of the server side has been thoroughly tested.
To ensure the security of user data and tools, we implemented the following protective measures:
- two-step authentication;
- system of replicated geo-distributed servers with the possibility of scaling;
- geo-distributed array of hot, conditionally hot, cold wallets, as well as addresses with a multisignature for each cryptocurrency;
- a background clearing system that checks the correctness of current balances and I/Os between full cross-sections, and when a discrepancy registers a dangerous state, it transfers funds to cold wallets and multisignature addresses.
Thanks for your feedback!
He told everyone that Binance is a scam. And Qtum too.
Hey! Here we are talking about LIQNET!
And why don’t you think that this project is not a scam. Can you proof it.
Hello! LIQNET project is not a scam! We work hard to make our project successful!
You can view our official website
https://liqnet.io/ check the team behind the LIQNET on the site or in our WP, starting p. 23
https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdf and also LIQNET is already running in test mode, just try it
http://liqnet.comYou can find the info in the web. I don’t think you need my help to do it.
Sure! Thanks for the help!