It is evident there needs to be some form of matching engine to connect siloed liquidity reserves. That is much easier said than done, but the QUOINE team is confident their World Book globally-sourced what is qash trading platform will make a big impact in this regard. Bringing together a global network of cryptocurrency exchanges to enable the highest level of market liquidity is the name of the game.
Can I Buy QASH (QASH) with Bitcoin?
The CEO, Mike Kayamori, believes all the crypto exchanges need to work together in order to create a global liquidity pool large enough to service the market’s ever-evolving demands. In a sense, the various cryptocurrency exchanges are Liquidity Silos. They are liquid in some pairs, but their liquidity is only accessible to clients of that exchange. Separately, each market’s liquidity remains small, but collectively they represent a large untapped source of liquidity that now desperately wants an on-ramp into the Crypto world.
Quoine Partnerships
This is where QASH comes into the picture, as it’s the native currency of the LIQUID project. So far, this project has attracted a lot of positive attention, even though it remains to be seen how the rest of the world will respond. Liquid Prime Brokerage makes all the functionality of the World Book accessible to users through reports, charts, and a GUI.
The Team Behind QASH
The Liquid platform is actually the result of combining two previous platforms, Quoinex and Qryptos. At one time, those two trading platforms were performing over $12 billion of transactions each year. Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the QASH/BTC or QASH/ETH or QASH/USDT trading pair and then place the order to buy those pairing cryptocurrencies. After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet. You can basically use debit card, credit card, or even PayPal to buy the QASH (or any other cryptocurrencies).
What Is the Best Payment Method to Buy QASH (QASH)?
The smart order routing system will even be capable of making matches across pairs. This means you might see a BTCSGD order filled against an ETHJPY order by combining it with an ETHBTC and SGDJPY transaction in the background. Because QASH is a utility token, additional Liquid users and growth of the platform should ideally lead to further price increases.
What Is the Quoine Liquid Platform? Introduction to QASH Token
- QUOINE offers a suite of services that provide users with tools to increase ROI and reduce counterparty risk.
- QUIONE was founded by veterans of the banking industry, Mike Kayamori and Mario Gomez Lazada.
- This sounds rather ambitious, but there’s no reason to think something like this cannot happen.
- We’ll begin our look at Quoine’s Liquid platform by researching Qash (pronounced “cash”), the native ERC-20 cryptocurrency token used by the Liquid platform.
- They are the first cryptocurrency firm in the world to be officially licensed by the Japanese FSA.
- QASH has similar capabilities to XRP, but has generated far more partnerships.
If you’ve been investing in cryptocurrency for a while, you’ve probably experienced these liquidity problems first-hand. Investing in anything outside of the top few coins usually involves multiple exchange accounts, transfers between them, and three-way trades between fiat, Bitcoin/Ethereum, and the coin you want. 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.
In other words, $13.92 have changed hands within the past 24 hours through trading. A high market capitalization implies that the asset is highly valued by the market. The CEO predicts that “regulated tokens” will be in high demand in the future and that QASH will become a top 5 token. The launch the QASH blockchain is scheduled for Q2 2019, and soon after that they hope to acquire their full banking license. The team is full of big players from the banking and technology industries. QUOINE offers a suite of services that provide users with tools to increase ROI and reduce counterparty risk.
- The CCCE powers automated and almost instantaneous conversions between currencies.
- You will then be asked to confirm your transaction, if paying with a card you might have to complete a verification with your card provider.
- This means you might see a BTCSGD order filled against an ETHJPY order by combining it with an ETHBTC and SGDJPY transaction in the background.
- There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department.
- After thorough research, I believe the Liquid+ platform is a game-changer in the crypto space but requires significant effort to fully comprehend.
- Quoine is the first cryptocurrency firm in the world to be officially licensed by the Japan Financial Services Agency (FSA).
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT)
The World Book will be a part of the planned Liquid Platform, as will the Prime Brokerage, which will provide users with an advance selection of trading tools. The World Book works with a technology called the Matching Engine, which was built from scratch specifically for the Liquid Platform. Finally there is the Liquid Platform, which hasn’t been released yet, but will be the next generation platform and the beginning of the world order book being created by Quoine. CoinCentral’s owners, writers, and/or guest post authors may or may not have a vested interest in any of the above projects and businesses. None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner.
Quoine Team & Progress
Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 889 exchanges. QUOINE is a global cryptocurrency firm trying to solve liquidity problems with crypto investments. The group are also trying to facilitate instituntional investors and playing with regulators to ease this processs. If the team behind QASH can pull off their ambitious plan it will surely be a dominant player, but only time will tell. The team behind QASH is solving an immediate need (lack of liquidity). They’re preparing to facilitate institutional investors from Goldman Sachs and others.