Brand new cryptocurrency exchange Liqui - trade and earn 24 APR on BTC, LTC, ETH. STEEM as soon as possible of course :)

Hello cryptoworld! We are pleased to present a brand new cryptocurrency exchange featuring savings accounts - liqui.io. At the current level of competition it is very difficult to amaze anyone with a decent interface, professional team and secure environment. It's just not enough to break through and get your fair share of the market.

Having a deep understanding of today's reality we believe that we've found a solution which should be of interest to crypto community. So what does make Liqui exchange so special?

Trade and get 24% APR on BTC, LTC

So the edge of Liqui is its savings accounts with 24% annual percent rate (APR). At the same time:

• actual interest fees is calculated every minute for such currencies as BTC, LTC and soon ETH (after beta period);
• your interest is paid every 24 hours;
• your savings account funds are in no way blocked, you can withdraw them any time or cancel your deposit and make them immediately available for trading.

As you understand, such an offer usually comes with at least one "BUT". In our case the answer is simple and reasonable - we cannot place all clients funds to savings accounts. That is why there's a correctable limit which applies to savings accounts.

Got excited? Now see how it works...

Why there's a limit on savings account and how is it calculated?

The limit is required to guarantee APR and depends on 2 indicators: trade volume / percentage rebate from transaction. Current trade fee is 0.5% (0.25% from each side) and we rebate 75% from every trade towards interest payment: 0.5% х 0.75 = 0.375%

Therefore, daily exchange volume at 45 BTC allows us to fully cover interest expenses equivalent to 250 BTC at 24% APR (0.162 BTC per day): 45 BTC x 0.375% = 0.168 BTC. Interest is paid in the coin of your deposit.

Obviously, price of LTC and ETH changes constantly, so we allocate 20% for such fluctuations to avoid total limit excess. However, in case of sharp and continuous spike of LTC and/or ETH we will be forced to decrease the limit for that coin proportionally to price increase. The advantage is that it works the other way too: we increase the limit for the coin proportionally to price decrease.

The limit of 200 BTC at 24% APR for 365 days is guaranteed by Liqui

For the marketing purpose during the initial year of operation the limit cannot be less than equivalent of 200 BTC for all coins with 24% APR. And, of course, this limit will increase proportionally to trading volume increase, but is always subject to the discretion of exchange administration.

And yes, we do have funds to cover interest payments for the entire year ahead :) Savings accounts are the foundation of our marketing. The underlying purpose is simple: the more people - the more trading. The more trading - the higher the limit. The higher the limit - the more people.

Policy for adding coins

We will be adding coins to the listing at our own discretion so please do not request us to add this or that coin as you'll just waste your time. We are indeed interested in adding the most popular and promising coins and will constantly monitor the market. We will try to be among the first to add new popular coins.

For beta period available LTC/BTC only (savings accounts already work for them). Next shortlist: STEEM ( first :)), DAO, LISK, WAVES, Dash, BTS.

Security

Writing about the security of crypto exchange is not an easy endeavor. We did everything possible and implemented all modern security standards. But there's always a space for improvement. That is why we invite you participate in our "bug bounty rewards program" at Hacker one.

Support

Currently we process user tickets via 4 channels. Choose the most convenient for you:

By mail [email protected]
By Twitter @ Liqui_Exchange
By Telegram @ Liqui
By Bitcointalk PM Forum

Briefly about the team

We are headquartered in Kiev, Ukraine. We also have remote employees from Russia, Armenia, and USA. In total, project is run by 7 individuals and everyone is really inspired by the project. We are happy to bring something new into the cryptocurrencies' ecosystem. Presently our exchange is not "white label" but soon after the launch we are going to tackle this issue and add fiat currencies too.

Moreover, we are perfectly aware of the fact that it is not possible to gain trust and build the reputation quickly and we will have to work hard in that direction. In that respect we are marathon runners, not sprinters) In words of the CEO of Poloniex - "Trust has to be built".

It is crucial that we are very excited about this project. With your permission we would like to declare our goal for the coming year right here and right now: 200 BTC average daily trading volume and 1000 BTC limit on savings accounts.

some of our team members from Kiev office.

Enjoy.