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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.

Reddit user /u/Aiwa4 has created a tool named Investor Data, which follows Reddit comments looking for specific keywords referencing cryptocurrencies. This data is used to track the popularity of various cryptocurrencies. The tool is available to anyone on the internet and is funded by donations.

Investor Data

Investor Data's main interface

 

Currently, Investor Data tracks  27 cryptocurrencies over 3 subreddits. Namely /r/CryptoCurrency, /r/CryptoMarkets, and /r/BitcoinMarkets are used as the data source. Aside from Bitcoin and its forks, due to an issue separating similar names, ‘most’ top 20 cryptocurrencies make up the list of 27. The data is placed on a table, with a percentage and time used to indicate popularity. The table is updated every 5 minutes and requires a reload to update locally.

Further planned features for Investor Data include interactive graphs and a JSON based API. Also mentioned is a plan to implement a similar tool for Google Trends and Twitter, and the possibility of putting all the data together for a more complete look at the cryptocurrency community.

Most popular currency on Reddit

EOS's rankings on Investor Data at the time of writing

Investor Data reported that the most talked about currency at the time of writing was EOS, with Ethereum and NANO tied for second place.

The spread of data over time provides a nice look into whether or not a given amount of activity is new. Short-term increases, for example, would indicate hype around a cryptocurrency, while long-term increases without similar short-term numbers could indicate sustained interest.

Issues

Currently, the site does not have a valid SSL certificate, meaning that malicious parties may be able to fake the site for their own benefit. Otherwise, as stated above, the tool currently does not differentiate between forks that have similar names, for example, Bitcoin and Bitcoin Cash. Therefore, any statistics referencing these coins will be for every fork. Investor Data’s FAQ does state that differentiating forks with similar names is being worked on. There is not a timeline available for when this will be fixed.

 

Update: /u/Aiwa4 has stated in a comment to BlockExplorer that they plan to procure an SSL certificate to remedy the above mentioned issues with SSL.

 

HitBTC is a Chicago based cryptocurrency exchange founded in 2014 and is #12 on BlockExplorer’s top 25 exchanges of 2017 list.

HitBTC supports a huge number of trading pairs, with high amounts of activity on most of them. All of the trading pairs on HitBTC are crypto/crypto and offers an API for programmatic trading.

HitBTC is recommended for mid to large scale traders looking for a high activity exchange.

HitBTC

hitbtc cryptoURL: hitbtc.com
Total trading pairs: 273
Deposit fees: Yes, for some currencies
Withdrawal fees: Yes
Trading fees: Yes, -0.01% – 0.1%
Verification: Yes, but unneeded

Registration

Registration is exquisitely simple, requiring only an email and password. After submitting the registration form, you will receive an email with a confirmation link.

Fees

HitBTC breaks its trading fees into the usual maker/taker model. Where takers pay a fee of 0.1% on all trades, makers receive a fee of -0.01%, meaning makers receive additional currency when making trades. Otherwise, fees for deposit and withdrawal are set per currency and can be seen on the wallet page.

Interface

HitBTC’s interface is highly configurable. While defaulting to a day mode with bright colors, it has a night mode with darker colors. The main exchange page has plenty of information presented in an organized manner. On the main page there is a chart of the currently selected pair, a method of switching trading pairs, buy/sell order forms, an order book, a small chat window, and a list of your current active orders. On the top right of the page is your current balances that are relevant to the currently selected trading pair, alongside their estimated worth in BTC and USDT

The chart can be switched between HitBTC’s chart and a chart generated by TradingView. The TradingView chart is more configurable, but it does not follow your configured theme, so you may find it to be extremely bright if you switch to it during a late night trading session. Otherwise, the entire layout of the trading page can be changed to your personal preference.

Verification

At the time of writing, verification was unnecessary to do any sort of trading, and unverified accounts had the “general” designation. The language around the verification page seemed to indicate that this would change at some point in the future. The “General” verification level is given to all new accounts and has no withdrawal or deposit limits.

Getting verified is a single step process where you email a large amount of personal information to HitBTC’s compliance department. The personal information required is as follows:

  • Full name
  • Date of Birth
  • Country of birth
  • Address
  • Bank account information
  • Government ID
  • Proof of residence
  • Proof of bank account ownership

After sending your email, verification should take between three and five working days.

Security

HitBTC pays attention to security features, passwords have no length limits. You can configure automatic logout after a set amount of time, and to go with that, you can log out all active sessions.