We’re working to bring you an all new BlockExplorer.com. Can we ask for your help? Please take a few moments to answer the below questions. We’ll compile the answers and share with you, our readers, in the coming weeks. From all of us at Block Explorer, a sincere thank you!

Headquartered in Kiev, Liqui is a crypto-only cryptocurrency exchange with a 235 trading pairs. Liqui offers both a public and private API for programmatic trading and states a 24-hour volume of around 1250 BTC. Liqui’s numerous trading pairs are all against its three main currencies, BTC, ETH, and USDT, meaning that those looking to trade with fiat will want to find a different exchange or a method of converting their crypto after the fact. Overall, It is a good choice for small to medium traders, especially those looking for the ability to trade programmatically against a large number of cryptocurrencies.

Liqui finds itself at #23 on BlockExplorer’s list of the top 25 cryptocurrency exchanges of 2017.

Liqui

liqui cryptoURL: liqui.io
Launched: 2016
Trading pairs: 235
Deposit Fees: No
Withdrawal Fees: No
Trading fees: Yes
Verification: Yes
Margin Trading: No (coming soon)

Fees and Limits

Liqui lays out its fees in the usual maker/taker scheme, where makers pay a 0.10% fee and takers pay a 0.25% fee. All of Liqui’s trading pairs currently have the same fees applied to them. Fees are listed on Liqui’s Fees and Limits page, with the fees specifically only listed for the three ‘main’ cryptocurrencies you trade against; Bitcoin, Ethereum, and USD Tether.

Limit-wise, Liqui has three levels; New accounts are split into three 24 hour periods, where their withdrawal limit increases by 5,000 USDT or equivalent per day, starting at 5,000 USDT. Following the new account restrictions, an account receives the “Basic Account” withdrawal limits of 50,000 USDT or equivalent per day. And lastly, for “Enhanced Accounts”, the limit is 500,000 USDT or equivalent per day. Note that the Enhanced Account’s limit requires both verification and 2FA to be enabled on the account.

Registration

Registering an account on Liqui is simple, and requires a username, email, and password. A confirmation email will be sent to you once you have completed the registration form. And after following the confirmation link in said email, you can begin to trade. Note that new accounts have withdrawal limits that are explained above.

Verification

Liqui has one verification level, the requirements for which are not published. Getting verified begins with a support ticket at their support site. Assume that for verification, the usual information is required. Namely a photo ID and proof of residence.

Interface

Liqui has a soft feel to its interface, which by default is a cool white with blue highlights. Liqui’s interface also offers a dark mode, which can be toggled with the lamp icon at the top of the page. The dark mode maintains the same highlights but trades the light background and dark text for a dark background with light text. Almost all of the interface switches seamlessly, with charts requiring a refresh. Some users may find the dark mode difficult to read, as the contrast between the text and the background is not very high.

On Liquis main trading page, there is a chart and summary front and centre, with buy and sell dialogues below. Further below is an area to select trading pairs, the current order book, trade history, and your personal trade history.

Security

Liqui offers decent security measures, including 2FA. When logging in to your account, without having 2FA configured, you are emailed a security code for that login. The security code is a massive 64 character string, making it safe from brute forcing in the 5 minutes which it works. Two Factor Authentication is offered via Google Authenticator and is simple to set up, using the standard ‘scan this QR code’ approach.

Otherwise, Liqui offers a complete overview of account login activity. Specifically, you can see all active sessions, with the ability to close them, and you can see all login activity, successful or otherwise. Both account information sections have the date, time, and IP address of the occurrence listed.

coin renders

Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Gemini To Become First BitLicensed Exchange To Offer Trading in Zcash
The New York State Department of Financial Services has authorized Gemini Trust Company to offer trading of Zcash, Litecoin and Bitcoin Cash. Tyler Winklevoss, Chief Executive Officer of Gemini Trust Company, LCC said, “We are proud be the first licensed exchange in the world to offer Zcash trading and custody services and look forward to providing customers with a safe, secure, and regulated place to buy, sell, and store Zcash, an incredible new form of digital cash.”

Crypto Mining Company Coinmint Moving To Revamp 1,300 Acre Alcoa Plot
Once used for aluminum smelting, an Alcoa plant in Upstate New York is going to be converted into one of the world’s largest bitcoin mining centers. CNBC reports Coinmint said Tuesday it “would invest up to $700 million in the upstate New York location, which it expects to be the biggest bitcoin mining center in the world. The project will create an estimated 150 jobs over the next 18 months.”

Cryptocurrency Theft Malware Now An Economy Worth Millions
According to a new research report titled “Cryptocurrency Gold Rush on the Dark Web” by Carbon Black, the market for malware and tools designed for the theft of cryptocurrency is growing swiftly. ZDNet states, “The researchers estimate that over the past six months alone, a total of $1.1 billion has been stolen in cryptocurrency-related thefts, and approximately 12,000 marketplaces in the underbelly of the Internet are fueling this trend.”

Image courtesy of Carty Sewill, http://cartyisme.com/.

Cold storage through a hardware wallet such as the Ledger Nano S is among the safest, most secure, and widely recommended way to store crypto assets. However, using a hardware wallet isn’t always straightforward: not all coins are supported, user interfaces are clunky, and users are often required to use multiple apps to interact with different blockchains.

Ledger, the company behind the best-selling Ledger Nano S hardware wallet, seeks to rectify those user experience issues with new desktop and mobile applications that unify all supported cryptocurrency tokens under one central app and dashboard. Ledger first announced the new applications, which will take the place of the existing Google Chrome apps provided by Ledger, back in February of this year.

In a Twitter post, Ledger has revealed that the “initial version” of the Ledger Wallet desktop native application will be available starting on July 9th. Ledger says that even though there is an added wait to their original launch estimate, the wait will be “worth it.” The firm says regular periodic updates will follow after launch – the first of which should be adding ERC20 support.

The mobile version of the Ledger Wallet application is still on track for an “end of Q4 2018” release.

The new Ledger Wallet app is a web-based solution (the current Ledger Manager app is Google Chrome browser-based) that will support 28 different cryptocurrency tokens, multiple ledger devices, and come with a central dashboard to manage all aspects of a user’s digital currency portfolio, including sending and receiving crypto tokens, as well as viewing account balances and transaction histories.

In future updates, Ledger expects to eventually support over 100+ cryptocurrencies, enable integration of third-party apps, and more.

Ledger is a Paris, France-based company founded in 2014 with the goal of “securing the new disruptive class of crypto assets.”

coin renders

Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Bitcoin Price Could Be In For A Boost As World Cup Fans Descend On Russia
Hotels in the Russia city of Kaliningrad — which will be playing host to some of the World Cup’s games — are accepting Bitcoin as payment. Forbes reports some airlines and travel agents, as well as bars will also be taking the cryptocurrency.

Bittrex Strikes Agreement With Bank To Offer USD Deposits and Trading Pairs
BlockExplorer’s own Tony Spilotro reports “The Seattle-based cryptocurrency exchange Bittrex has revealed that the firm has struck an agreement with a United States bank to allow some of its customers to trade cryptocurrencies in USD, along with making USD deposits to the exchange’s wallets.”

The Humanitarian Side of Bitcoin
International Policy Digest has a thoughtful piece on how Bitcoin can help a socioeconomic crisis such as the one in Venezuela, a country actually going out of their way to ban Bitcoin. “Bitcoin, Blockchain and the whole host of other cryptocurrencies and related media have a real shot at not simply being the ‘next big thing’ as their acolytes incessantly seem to preach. They actually can help change lives for the better through circumventing oppressive state bureaucracies and structures in inspired acts of cryptocurrency-based agorism.”

Litecoin Founder Charlie Lee: LTC Network Extremely Secure, Mining Healthy
CryptoSlate says “Litecoin founder Charlie Lee has taken to Twitter to address community concerns regarding the Litecoin network sparked by a cryptocurrency security site that tracks the cost of launching a 51% attack against proof of work cryptocurrencies.”

Image courtesy of Carty Sewill, http://cartyisme.com/