Liquid March roundup

In Insight, Product

The past month has been an unprecedented time for the entire world. The spread of COVID-19 has been staggering. Almost every person on the planet has been affected in some way, whether it’s a simple change in routine, or something much more severe.

At Liquid we are doing everything we can to protect our employees during this time and we send our best wishes to the Liquid community too. Stay safe and follow the guidance of your Government. It’s important that we all contribute where we can to eradicate this virus as quickly as possible.

As a global FinTech business, it makes sense that we are able to pivot to remote work without too much issue - which we have. At Liquid, March has been just like any month in terms of progress. We’ve been building, preparing our next wave of products and updates to further enhance our platform.

Without further ado, here are the updates and releases that rolled out in March.

A new fee structure

Our new fee structure was announced and launched. The new structure is designed to remove the friction of trading fee rebates and to better reward both high volume traders and order makers. The Qash discount remains the same. All traders can receive 50% off their trading fees by paying their fees with Qash.

Your trading fees are now calculated based on your trading volume over the last 30 days on Liquid. The more you trade, the less you pay. You can learn more about this change here.

Performance tracking charts

The Liquid Vision dashboard now provides traders and holders with two charts that present account performance over time.

Use the PnL chart to study profit and loss across your entire portfolio to pinpoint areas of success or weakness.

Use the equity chart to track the overall equity of your account, including portfolio value changes driven by price fluctuations.

We are thrilled to bring this much requested feature to life to both Liquid web and mobile.

 

KLAY listing & competitions

At the end of February we listed Klaytn, an enterprise-grade, service-centric public blockchain platform developed by Ground X, the blockchain arm of Korea's largest mobile platform, Kakao.

Klaytn combines the best parts of public and private blockchains to create an efficient median that boasts decentralized data and control with distributed governance while being highly scalable with low latency.

Throughout March we have been running three Klaytn competitions which have now concluded. All winners will be contacted shortly and we’ll be distributing up to 150,000 KLAY tokens.

Listed USDT

USDT, the world’s most traded stablecoin, is now available on Liquid to buy, sell and exchange. USDT is a 100% asset backed stablecoin pegged to the US Dollar. With USDT you can simultaneously leverage the benefits of blockchain technology and traditional currency. The listing of USDT is something that many of our high volume traders have been requesting.

Trade BTC/USDT and ETH/USDT now.

Liquid Perpetuals webinar

In case you haven’t heard yet, Liquid Perpetuals is our new derivatives trading product that facilitates the trading of perpetual Bitcoin contracts. Currently Liquid Perpetuals is in beta and trading fees are set to zero.

At Liquid we strive to do everything we can to help our traders meet their goals. Our most recent initiative is to host two exclusive webinars that will be hosted by Liquid co-founder Mario Gomez Lozada and other expert in-house traders at Liquid.

The first webinar will be an explainer for Perpetuals, ideal for existing leverage traders. There will be a question and answer session at the end.

The second will be an educational webinar to teach users how Liquid perpetuals works and bridge the gap between our other products and Perpetuals

Competitions page

We’ve created a new home for you to keep track of all active competitions on Liquid. Keep an eye on this page to stay on top of where you could be winning some crypto.

All guest authors’ opinions are their own. Liquid does not endorse or adopt any such opinions, and we cannot guarantee any claims made in content written by guest authors.

This content is not financial advice and it is not a recommendation to buy or sell any cryptocurrency or engage in any trading or other activities. You must not rely on this content for any financial decisions. Acquiring, trading, and otherwise transacting with cryptocurrency involves significant risks. We strongly advise our readers to conduct their own independent research before engaging in any such activities.

Liquid does not guarantee or imply that any cryptocurrency or activity described in this content is available or legal in any specific reader’s location. It is the reader’s responsibility to know the applicable laws in his or her own country.

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Liquid

Providing liquidity for the crypto economy.