The LIQNET Exchange Begins Closed Testing Before the Presale
LIQNET, the new generation cryptocurrency exchange, is launching an open beta test and inviting traders to join it. Participants for the entire duration of the test will receive a discount on commission for transactions. Posting a review about LIQNET on thematic forums and social networks will extend the duration of the discount for up to six months from the end of the test.
The test marks the transition to the last stage of the development of the exchange. With its help, the LIQNET team will collect feedback from experienced members of the crypto community and will be able to improve the site based on their experience.
The main feature of LIQNET is the unique LEN (Liquidity Exchange Network) technology. LEN collects and consolidates orders from exchange customers and third-party platforms into a single order book and makes them available for trading to all LIQNET’s clients. Due to this, traders can make deals at the most favorable prices with a minimum spread.
The exchange opens new opportunities for earning, giving users an access point to different trading platforms and combining their advantages. LIQNET safely and effectively unites people, companies, and financial flows.
Testing begins on the eve of the closed pre-sale of the LEN tokens. It will be held from 7 to 27 May 2018. For participants, the discount on tokens will be 50 percent.
ICO will be held from May 28 to August 28, 2018. The target amount of attraction within the ICO is from $20 million to $50 million. Tokens can be purchased using the currencies Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), Zcash (ZEC), Litecoin (LTC), Ripple (XRP), and Waves. In the first three days, investors will receive an additional 20 percent bonus tokens, in the next three days – ten percent, in the next four days – five percent. In the remaining days, tokens will be sold without bonuses.
Additionally, a preliminary ICO will be held for the pioneers of the crypto community, who will become the first clients of the LIQNET platform and receive a 100 percent bonus.
- When buying tokens for an amount less than $10,000 — 60 percent bonus;
- When buying tokens for an amount of $10,001 to $49,999 – 80 percent bonus;
- When buying tokens for $50 000 included — 100 percent bonus.
LEN’s tokens provide the discounted commission and the opportunity to participate in voting on critical issues of stock exchange management, including the addition of new trading pairs. Investors will receive LEN tokens within five days of the end of the ICO.
You can find the details of the ICO at liqnet.io.
Vyacheslav Kasatkin, co-founder of LIQNET, said:
“The cryptocurrency market is experiencing stress. It needs a tool of unification; a new stage of blurring the boundaries between asset owners. The LEN mechanism, together with increased security and uniform tools for trading on multiple exchanges at once, makes LIQNET one of the factors driving the growth of the entire industry.”
“We created a single trading place to increase convenience and liquidity for the sake of increasing the profits of traders. Our product is the first of its kind. The first to be convinced of this are the users registered for closed testing. On the eve of the closed presale, they have the opportunity to improve LIQNET. It is very important for the project team that the investment community, as well as the holders of the cryptocurrency, appreciate our openness, transparency, and readiness to work on the platform in the interests of its users”, says Roman Shirokov, CEO of LIQNET.
About the Company
LIQNET was founded in 2015 by specialists in the field of traditional stock and derivatives markets. The business owners in the field of investment and finance Roman Shirokov and Vyacheslav Kasatkin, as well as an expert in IT development and information security, director of an IT company Evgeny Tarasenko, based on detailed analysis of the issues of the exchange market. The goal of the project is to create a unique, reliable exchange that can unite liquidity from competing sites and solve the problem of fragmentation of the industry.
At the final stage of development, the LIQNET exchange was presented to the blockchain and crypto community at the Invest WEEKEND forum in Hong Kong and at the World Blockchain Forum in Dubai, where it received a positive response. At the moment, the project team is preparing for an international release. Jurisdiction of LIQNET is Singapore.
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