Liqui
- Overview
- Security
- User Experience
Volume 24H: BTC 3166/24h Active users 144121
Liqui is an Ukrainian cryptocurrency exchange where users can pair BTC, ETH, and USDT with more than 60 altcoins. What sets this platform apart is the savings account scheme allowing 24% APR earnings. The interest is paid every 24 hours and users can withdraw the funds at any time. Liqui also offers IOU markets allowing users to buy and sell coins from ICOs that are not trading yet.
The platform is browser-based, with an intuitive layout, neat order book, plenty of technical analysis indicators, and several features for charting. It's not difficult for beginners to use, but probably more suited to advanced users looking to trade/arbitrage anonymously. It's important to note that starting August 2017 many users reported severe usability and security issues.
Crypto Currencies Support
- ADX
- AE
- AST
- BAT
- BCH
- BMC
- BTC
- DASH
- EOS
- ETH
- GNO
- GUP
- ICN
- IND
- LTC
- OAX
- OMG
- QRL
- REQ
- SALT
- SNGLS
- SNM
- STORJ
- STX
- TAAS
- TKN
- TRST
- TRX
- USDT
- VEN
- WAVES
- WINGS
- ZRX
Traditional Currency Support
Language Support
- English
- Russian
Country Support
- Australia
- Canada
- China
- European Union
- Hong Kong
- Japan
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Norway
- Russian Federation
- Singapore
- Switzerland
- Turkey
- United Kingdom of Great Britain and Northern Ireland
- United States of America
Platforms Systems
- — Api
- — Web Interface
Stock Market Options
Liqui claims to offer standard security measures for the industry, but they don't provide detailed information. The exchange does provide 2FA and API keys, but online storage of funds is far from safe. In fact, some Liqui users have reported their accounts being hacked. There is still a debate as to whether that was the case or if it was the exchange itself who tampered with user accounts.
Summary:
| 2 Factor Authentication | Yes |
| Funds Insured | Funds Are Not Insured |
| Private Keys Stored On | Exchange Platform |
| Storage Type | Hot |
Liqui exchange belongs to Liqui Trade Inc, a company headquartered in Kiev, Ukraine. They mention a 7 member team on their site with remote colleagues in Russia, Armenia, and USA. However, they don't provide any information about their physical office, the name of the CEO, or anyone involved with the exchange. This lack of transparency is not unusual but may lead to low credibility among users.
Summary:
Liqui has an innovative savings account scheme as well as offering competitive trading pairs and anonymity for its users. On the other hand, it does not support fiat currency transfers, it has a pretty bad reputation, and there's too much secrecy around the company. Do your research and trade with extreme caution on this exchange.
| Ease of use | Intuitive |
| Transaction Fees | 0.1-0.29% |
| Deposit/Withdrawal Fee | N/A |
| Deposit/Withdrawal Fee For Bank Transfer | N/A |
| Deposit/Withdrawal Fee For Credit Card | N/A |
| Deposit/Withdrawal Fee Charged For 3rd party Payments | N/A |
| Anonymous Trading | Yes |
Deposit/Withdrawal Options:
Send/Receive Crypto
Functionality:
With Liqui, users can deposit, withdraw, and trade altcoins against one another. No fiat is accepted, but trading pairs include USDT. The advanced order types options are limited, but there is an option to create a savings account with a 300 BTC limit. A margin trading page has been created on the Liqui site, but the service is not yet available and the launch date is still to be announced.
Most common customer complaint:
— Delayed or blocked deposits/withdrawals, Users locked out of their accounts, Non-responsive customer support