LIQIO EXCHANGE IN A NUTSHELL : everthing you need to know

in #liqio5 years ago (edited)

The world of cryptocurrencies is exploding,with increasing interest in blockchain and its potentials comes the need to create more projects with each having their own coins and thus creating a new for liquidity which can only be found in an exchange.

The past year have seen a rise in the number of cryptocurrency exchanges as stats show that this industry is among the most profitable among blockchain projects.The profits margin sits above that of those in real estate,crypto collectibles,sports,gaming etc.

While this is great news for investors in such exchanges,we must also forget the various problems that have bedevilled the industry from frequent hacks,liquidity challenges,KYC problems etc.

Liqio exchange is built with the passion to solve these problems,based in Estonia and currently seeking two financial licenses,Liqio is secure and customer centric.

Current problems


To understand Liqio exchange,one has to be thoroughly aware of the current problems that are inimical to the cryptocurrencies exchange industry

1.High commission fees


Before crypto solutions,there existed and still exist traditional financial solutions that help in day to day monetary transactions,these institutions are centralized and charge high fees for transacting with their solutions,one would think blockchain and crypto solutions would alleviate our woes but to our dismay and utter displeasure,we have seen that some of these crypto solutions are same or even worse than their centralized counterparts.

The charges placed on trading,withdrawing are too exorbitant for the common man to bear.

2.Insecurity


Right from the days of the hack of Mt Gox until now,the cryptocurrencies exchange industry has been experiencing a brutal onslaught from diverse hackers and criminals from supposed insiders to individual hackers to well coordinated groups of hackers to even some nations of the world.
Recently,the Republic of North Korea was accused of hacking and stealing cryptocurrencies from different exchanges,a report that the nation has denied as untrue.

3.Liquidity


Another challenge bedeviling the crypto exchange industry is the issue of liquidity,from no to little liquidity,sometimes one wishes to trade a coin but is discouraged by the liquidity volume of the only available exchanges that support that coin.

Liqio solutions


There ought and must be a solution to these various challenges and problems facing the crypto exchange industry,no doubt that this market is big and booming but we need solutions that can take the industry to even greater heights than it’s today and Liqio exchange is a step in that direction.

LQO DAO: Receive Dividends

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When users purchase Liqio token(LQO),they will be eligible to receive dividends once a month
50% of the all fees collected by the exchange from various transactions on the platform will be given back to the holder of the LQO token

ICO : The exchange will present a platform for the investing and trading of various coins via its ICO platform.
It will absolve crypto founders the stress of launching an ICO,legal hurdles and many other challenges

Community trading


Liqio believes in the power of a community and at such it’s building a platform where users can follow successful traders and mirror what they are doing.
To allow for Community trading, liqio has formed a partnership with Shillerz
https://shillerz.com

Liqio in the process of acquiring two licenses to enable them operate their exchange and their wallet.

Revenue Model


The exchange will generate revenue via many methods including charging fees on trades,listing,withdrawals etc.

Trading fees


Users on the Liqio exchange platform will pay trading fees for each trade, the current rate is 0.10% for Maker and 0.20% for Taker.
The trading fee is subject to change based on community vote.

Withdrawal fees


Withdrawal fees will be charged for every successful withdrawal that a user makes on the platform.
Withdrawal fees are not same across all coins but subject to individual coins and their rates

Listing fees


The exchange will select the best of the best among coins to be listed in the exchange and may or may not charge fees for their listing depending on certain factors.
Every month Liqio exchange will engage the vote of its users to determine which coin(s) best fit to be listed on the exchange,this way we take the community along in the decision and business process of the exchange and we have coins listed that already a market of traders.

Ancillary services


Other services will be available to different users on Liqio,they include a launchpad,white label,legal advice and many more.

LIQIO Spending Model


This shows how Liqio intend to spend the funds that it seek to acquire from its fundraising campaign

Growth


To grow speedily,the company has decided to spend 35% of the funds into growth efforts
Also it plans to use various strategies like trading competitions amongst others to drive user growth.

Developing the exchange


45% of the funds generated from the STO will be channeled into developing the exchange and its functions like community trading,IEO,security and lots more.

Compliance, security


To keep with the ever changing and evolving landscape of compliance and security for cryptocurrencies exchange,the company will allocate 15% of the funds generated from the STO to enable the exchange stay up to date with various standards.

Other expenses


Other important expenses like the acquisition of servers,attending seminars and crypto events etc will be very critical to the growth of the exchange so to this effect the company will allocate 5% of the STO funds to meet this need.

Liqio token allocation


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STO


The STO (Security Token Offering) started in December 2019 and will last for two months until February and 70 million of the total 100 million tokens will be put up for sale.

Soft cap $550,000


Launchpad, dividends and community trading
The team have thus far developed the exchange with their own funds.
If they raise $550,000, they will be able to pursue growth with our current team and carry out the various functions listed in the whitepaper ,advertise and expand their user base and also develop a 24/7 international client service

Middle cap $1,260,000


If they reach this level,they will be able to onboard additional staff and a larger share of the money raised will be directed towards advertising.

Hard cap $1,820,000


The hard cap is optional. If the amount of $1,820,000 is not reached, the amount raised over $1,260,000 will be refunded.

The extra $560,000 will be used to develop decentralised exchange and develop functions selected by the community. Development of the functions indicated

Team


Baptiste Bluvestre

CEO
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Baptiste heads the operations in liqio,He is passionate about new technologies and been actively following the blockchain and cryptocurrencies industry since 2015

Other team members include David Blocry Chief Growth Officer,Mathieu Lucet Chief Technical officer and others

Follow Liqio across social media and their website


Websites :https://liqio.co | https://liqio.exchange | https://liqio.shop
Medium : https://medium.com/@LiqioExchange
Facebook :https://www.facebook.com/Liqio-101013327984747/
Linkedln: https://www.linkedin.com/company/28385007/
Telegram :https://t.me/LiqioExchange/
Twitter : https://twitter.com/LiqioExchange

If you have any suggestions or questions, please get in touch at: [email protected]

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