Liquid is always moving. With the Liquid platform, we embrace this state of being and apply it to our continuous drive to never stop evolving in order to bring our customers the best possible experience. This approach is known as the Japanese business philosophy “kaizen” and it is at the heart of everything we do.
The vision for Liquid is bold – we are here to democratise finance and make financial services accessible, stable and fair for all.
Our eight core values – Customer Centric, Innovative, Action, Compliantly Bold, Passionate, United, Transparent and Impactful – inspire us every day to lead by example in a sector where regulation, security and compliance will ultimately prevail.
Liquid is a crypto platform with top security and liquidity. You can easily buy and sell digital assets using Bitcoin, Ethereum and multiple fiat currencies. New features are regularly added.
Quoinex, a fiat-crypto exchange platform, launched in 2014. The exchange was fully regulated in Japan, handling in excess of US$12 billion in annual transactions.
Qryptos, an all-crypto exchange, was launched in 2017.
QASH Token Sale
The QASH token sale was one of the most successful token sales in Asia in 2017, raising more than USD105 million.
The Lending app launched initially on Quoinex as a platform through which customers could lend out their fiat and crypto to margin traders and earn daily interest.
Qryptos and Quoinex merged into one platform, Liquid, with high liquidity, top security, fiat pairs, IEOs and much more.
Improved Trading Fee Structure
Traders on Liquid pay a flat fee of just 0.05% for both maker and taker trades when paying fees in QASH and receiving a 50% discount.
Liquid Black is an upgraded account status for Liquid customers, unlocking a range of special privileges and benefits.
Rebrand QASH to Liquid Coin
The QASH Token will be rebranded to Liquid Coin (LQC) in the coming months.
Liquid Mobile App
Liquid will get a mobile app with full trading, exchange and charting features.
Liquid Infinity brings in-demand Bitcoin contract-for-difference (CFD) trading with up to 100x leverage.
Liquid Tap is an optimised WebSocket layer for high-frequency trading that streams real-time market data with less lag.
Liquid Distributed Ledger
Financial services and fintech companies will build their products on top of the Liquid Distributed Ledger (LDL). Eventually the LDL will be decoupled from Quoine and overseen by a foundation in order to ensure the scalability and sustainability.
This is an internal phase, including system design and validation of the selected architecture:
- Consensus network
- Benchmark meter
Minimum Viable Product
With the MVP, apps development will be ready to start:
- Software Development Kit (SDK) Phase 1
Apps will be running and private reviews will be sought:
- Software Development Kit (SDK) Phase 2
- Smart contracts
With the launch of the testnet, the LDL will be ready for public review:
- Addressing feedback
- Performance, other tuning
All Liquid ERC-20 tokens will be swapped 1:1 for the new tokens on the Liquid Distributed Ledger.
First dApp Launched on LDL
It is anticipated that the first dApp on the Liquid Distributed Ledger will be launched by Quoine.
LDL is Decoupled from Quoine
The Liquid Distributed Ledger will eventually be handed over to a foundation to maintain.
The World Book
The World Book is a multi-market order book that aggregates the orders and prices from various liquidity sources into a single highly liquid tradable order book, allowing orders to be placed in a range of currencies. The World Book solves two important problems that limit liquidity in the crypto world: liquidity silos and underserved markets.
Internal World Book Beta
The Internal World Book Beta was tested on Qryptos and Quoinex for limited currencies.
Internal World Book - BTC, ETH & BCH
The Internal World Book provides enhanced liquidity for the Liquid platform, with high volumes and tight spreads, initially for BTC, ETH and BCH against fiat pairings.
Internal World Book - Additional Pairs
The Internal World Book will be expanded to include additional trading pairs on Liquid.
External World Book
The next chapter of the World Book will be complete through connection of Liquid to a global network of crypto exchanges all pooling their liquidity to essentially create one huge, worldwide order book.
The Liquid way is to provide customers with the best quality projects possible, be them in the form of tokens we list or tokens sales we host. The Liquid Business Development team is responsible for new listings, token sales and partnerships.
Liquid’s IEO platform is a groundbreaking end-to-end service that offers a stress-free IEO service for tokens issuers, adhering to best practices in account verification and providing a gateway to an exchange listing.
The IEO Market is where token buyers can take part in token sales on Liquid in just a few clicks. Robust verification and security practices provide a safe haven for everyone in the token sale ecosystem.
Private Sale Feature
The addition of the Private Sale feature meant that token issuers could offer fully customisable Private Sales on our platform with the power to set thresholds and minimum buy-ins.
BCH Funding Method
The IEO Market initially featured QASH, BTC and ETH as payment methods. With the addition of BCH, customers were offered additional flexibility and convenience.
Private Sale Lockup
The lockup of Private Sale tokens provides stability and protects public sale participants from having to endure a mass sell-off of tokens upon listing.
Soft Cap Feature
By offering a soft cap feature, customers receive further protection. Any token sale that does not meet the target softcap will be considered incomplete and all funds will be returned to customers. This is possible because all IEO transactions are settled on the exchange and tokens are locked until after the sale is completed.
Research groups will provide additional analysis of projects vying for listing on the IEO Platform.
USD Funding Method
Additional payment options will be added to provide ultimate flexibility for customers.
Token issuers can choose to receive their funds raised in BTC, ETH or USD, in whatever ratio they need, giving them full control over their treasury.
QASH Bonus for IEOs
Customers paying for IEOs using QASH will receive an additional 5% bonus with their purchase.
Credit Card Funding
Empowering Liquid users to fund their account via credit card and debit card deposits in a matter of few minutes.
Launch of Liquid’s US-based entity, providing Liquid’s crypto services to customers in the US market.
Quoine was founded in 2014 in Singapore before the headquarters was moved to Japan.
Japan Headquarters - 2014
After being founded in Singapore, Quoine set up headquarters to Japan, where the company is now fully licensed and compliant. Quoinex was launched, offering fiat-to-crypto trading.
JFSA License - 2017
Granted official license from the Japan Financial Services Agency.
Quoine is in the process of applying for a formal Banking License to expand the range of services offered to customers.
Prime Brokerage will be a suite of services that provide users with tools to reduce counterparty risk and increase ROI. Updates will be made available in due course.