Whenever you want to buy a promising altcoin project, there’s a multitude of three-way trades typically involving a fiat transaction, Bitcoin or Ethereum, and the coin you want. Since most of the cryptocurrencies are used as investments, insufficient liquidity can impede the growth of the whole industry. QASH is an ERC20 token you use to pay for services on the Liquid platform. Beyond that, QASH holders may also receive discounts, promotional products, and ICO investment opportunities with coins that Quoine helps to launch. 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.

Using QASH offers benefits such as increased liquidity, faster transactions, and the potential to tokenize traditional assets. It also allows users to participate in the Liquid platform and access various financial services. Long term, the success of the token will depend on the launch of the QASH blockchain and how many projects build on top of it. If we see a significant percentage of global financial services being built on QASH, the token will explode in value. QASH (pronounced “cash”) is the native currency for the QUOINE (pronounced “coin”) LIQUID platform.

Where to buy QASH

The ME is an industry leader with the ability to process several million transactions per second. It includes native support for the major token pairings and is built in a way to easily scale and add new pairings as they emerge. SOR technology monitors all major exchanges and externally fulfills orders that cannot be fulfilled from within the World Book. If you are unsure you should get independent advice before you apply for any product or commit to any plan. Before buying QASH, you may want to check the market conditions.

• If the team behind QASH achieves their vision, I believe QASH could become a top 10 project by 2020.
• If we see a significant percentage of global financial services being built on QASH, the token will explode in value.
• Since Liquid users will only ever need to deal with QUOINE, this dramatically reduces their counterparty risk.
• (d) The purchaser understands that while QUOINE will make best efforts to release the LIQUID PLATFORM on time, it is possible that the official release may be delayed.

15% of the tokens are allocated to strategic partners/institutional buyers. This is a good sign as well, showing the interest from the institutional side — something which we are not seeing currently in the cryptocurrency market. I will start by explaining in-depth what the Liquid+ platform is, before going into detail what the functionality of the token what is qash is. Since the launch of the platform, Liquid has opened an ICO Market as an additional feature of the exchange. It can be used both by the entrepreneurs to raise funds in a regulated and transparent manner, and investors, who want to put their money into transparent projects. Most importantly, the ICO Market allows ICO’s to raise funds in USD payments.

Where to buy QASH in

Users from one exchange will be able to trade with users from any of the other connected exchanges. Effectively, Liquid Qash’s world book will unite order books from various crypto exchanges and https://www.tokenexus.com/ will be “currency-agnostic”. For example, if Bitfinex and Bitstamp were connected to the Liquid platform, a BTC seller from Bitfinex could have his order matched with a buyer from Bitstamp.

• 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.
• By providing a native currency for the Liquid platform, QASH allows users to access a pool of liquidity, which facilitates faster and more efficient trading.
• Any person undertaking to acquire QASH acknowledges and understands however that QUOINE does not provide with any warranty as to the release of the LIQUID PLATFORM.
• If the team behind QASH can pull off their ambitious plan it will surely be a dominant player, but only time will tell.
• According to the QASH founders, contemporary cryptocurrency exchanges are like liquidity silos.

CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. Short/medium term, the success of the token will be based on Liquid becoming the main platform for institutional trading and for financial institutions leveraging liquidity from The World Book. The QUIONE team has already created a successful cryptocurrency exchange (QUOINEX) which is promising since they’re about to launch a next-generation crypto-financial platform.

What is QASH?

If at any point you do not agree to any portion of the then-current version of this content and the terms, you should not purchase QASH. Acquiring QASH shall not grant any right or influence over QUOINE’s organization and governance to the purchasers. Neither QUOINE nor any of its officers and employees are to be or shall be considered as advisor in any legal, tax or financial matters. Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds.

Although you can purchase QASH directly on Liquid, it’s traded with a much higher volume on Huobi. QASH experienced two significant price bumps since then – one in the middle of December after bottoming out and one at the beginning of January. These two spikes don’t appear to have been caused by any news or particular developments, so we can most likely attribute them to the state of the bull market at that time.

Risks, Challenges & Competitors

An increase of liquidity for cryptocurrency will increase price stability. Because Quoine enters a few different financial sectors, the company has quite a few competitors. Quoine is the first cryptocurrency firm in the world to be officially licensed by the Japan Financial Services Agency (FSA). 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.

Yes, QASH is listed on various cryptocurrency exchanges, allowing users to trade it against other cryptocurrencies or fiat currencies. The team behind QASH is solving an immediate need (lack of liquidity). They’re preparing to facilitate institutional investors from Goldman Sachs and others.

You can follow him on Twitter @TheRealBucci to read his “clever insights on the crypto industry.” His words, not ours. Remember, though, the Quoine team has plans to move QASH onto its own blockchain. Quoine Liquid brings liquidity to the cryptocurrency space by providing a means for you to easily buy cryptocurrency with and cash-out to fiat.