another exchange? are you serious? and what do you want to capture the market and get good trading volumes?
Why not?
LIQNET is a cryptoexchange, which allows to unite liquidity from different platforms and solve the problem of scattering of users, their trading requests, and orders, thus forming a unified order book with better market depth and better prices for private persons and legal entities from various jurisdictions.
What makes the LIQNET exchange unique is the LEN (Liquidity Exchange Network) tool, which allows to collect and combine orders of our exchange's clients and orders from third-party platforms into a single order package and make them available for trading by all LIQNET's clients. The holders of the LEN tokens get privileged terms.
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.
Hey. Liqnet's page on ConcourseQ could need some useful information. Check it out here
https://concourseq.io/Q/LiqnetConcourseQ is collaborative and community sourced and you can easily fill-in information and project team can also claim the project’s page and verify links.
For questions about filling any the info, you can jump to the discord group and ask out:
https://discord.gg/j8RBAwBThank you for advice!
The project looks very promising. I like this project and I will participate!
Egretia
Great to know that! Let me know if you have any questions
[moderator's note: consecutive posts merged]
