What Is the Quoine Liquid Platform? Introduction to QASH Token
QASH tokens are used to pay fees, collateralize credit, and perform transactions on Quoinex and Qryptos, which have been rolled into the Liquid platform. Liquid is also the only platform with a functional matching engine and order routing system. There are other platforms trying to create a global order book or increase liquidity in other ways, but none are looking as successful or advanced as Liquid.
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Although you can purchase QASH directly on Liquid, it’s traded with a much higher volume on Huobi. The Bancor protocol is the project most similar to Quoine and QASH in that it brings liquidity to all tokens that use the protocol. By Q2 2019, Quoine will create its own blockchain and migrate all QASH tokens to the new blockchain. The SOR technology monitors all major exchanges and externally completes orders that can’t be filled internally from the World Book.
- During the remainder of 2018, they will slowly roll out features such as UI/UX improvements and their Prime Brokerage services.
- QUOINE has built banking relationships in markets previously underserved by the crypto community.
- Participating in a clinical trial is a great way to contribute to curing, preventing and treating liver disease and its complications.
- It includes native support for major token pairs and is built in a way that makes it easy to scale and add new pairs.
- This network will include banks from across all of Asia, throughout Europe and from the U.S.
What Key Technologies Does LIQUID Use?
QASH has been gaining traction in recent years due to its potential for mass adoption. As more people become aware of its benefits over traditional forms of payment such as credit cards or bank transfers, more businesses are likely to start accepting QASH as a form of payment. As one would expect, there is a lot of progress to be made in the coming years. LIQUID’s future roadmap includes the launch of the QUOINE LIQUID Direct Market Access Beta later this quarter. In Q2, the platform will launch officially, which will also introduce new use cases for QASH. Speaking of which, the QASH blockchain will go live in Q2 of 2019, and LIQUID will obtain a banking license in Q3 of 2019 – that is, assuming these plans do not hit a roadblock in the meantime.
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- Beyond that, QASH holders may also receive discounts, promotional products, and ICO investment opportunities with coins that QUOINE helps to launch.
- If the Quoine team really delivers on the Liquid Platform then QASH could become widely adopted very rapidly.
- The Liquid platform also allows users to trade cryptocurrencies directly with each other using its peer-to-peer trading system.
- Liquid removes these barriers on the foreign exchange market with a matching engine, smart order routing, and a currency conversion engine.
- As the cryptocurrency market continues to evolve, QASH remains an intriguing asset to watch.
- I’m mildly concerned that they haven’t decided what technology they’re planning to build on.
- Although you can purchase QASH directly on QUOINEX, it’s traded with a much higher volume on Huobi.
Through Prime Brokerage, you have direct access to the markets of all the exchanges in the World Book without the need to create an account on each individual exchange. Furthermore, Quoine has been building partnerships with a network of banks over the last several years what is qash to ensure the quick transfer of your fiat funds. QASH (pronounced “cash”) is the native currency for the Quoine (pronounced “coin”) Liquid platform. Quoine is a global cryptocurrency firm looking to solve the liquidity problems that have surfaced with crypto investments.
QUOINE LIQUID brings liquidity to the cryptocurrency space by providing a means for you to easily buy cryptocurrency with and cash-out to fiat. We’ve thrown out a lot of information, but there are two basic functions Quoine is focusing on here. The Liquid platform acts as an exchange and lender, in order to make it easy to buy cryptocurrencies with fiat, exchange cryptos among each other, and cash out back to fiat seamlessly. Cryptocurrency https://www.tokenexus.com/ investment is still popular, with over $2.5 billion each worth of bitcoin and ether being traded on a daily basis at the end of 2018. FTX-owned crypto exchange Liquid Global has announced that it is suspending all crypto and fiat withdrawals as the FTX collapse continues to affect the markets. This makes sense as currently we don’t have a commercially scalable blockchain that could support the vision of the QASH team today.
Outside of his role at CoinCentral, Steven is a co-founder and CEO of Coin Clear, a mobile app that automates cryptocurrency investments. You can follow him on Twitter @TheRealBucci to read his “clever insights on the crypto industry.” His words, not ours. The team seems to have the experience and business partnerships to be successful, but this is an ambitious project. With an official blockchain launch still in development, the next couple of years will be a make or break period for the company.
Purchase QASH at an Exchange
The Liquid World Book organizes orders and prices from exchanges around the world into an order book for your use. This allows any trader, regardless of location, to use the fiat currency of their choice when buying or selling cryptocurrencies. It removes the liquidity silos of individual exchanges and provides additional trading capacity to previously underserved markets. Quoine is aiming to bring liquidity to cryptocurrency investments through their World Book, Liquid platform, and QASH token.
