How Individual Traders Benefit From Quoine Platforms

in #quoine5 years ago (edited)

Quoine focuses on revolutionizing the whole crypto world. To do this, there are many great and advanced technologies that are being used on all Quoine platforms to take the crypto industry to the next level. Each of these technologies and systems has a specific area of usage and focus. However, altogether, their job is to provide solutions to the limitations of the previously used systems on other top exchanges in crypto industry.

These technologies were built with years of experience and knowledge in the financial world. The engineers understand every aspect of finance, economy, cryptocurrency, and Blockchain technology and hence, they empowered Quoine alongside its exchanges; QUOINEX, QRYPTOS, and LIQUID with advanced tools that make them completely different from all other platforms in the cryptospehere.

Quoine platforms are beneficial to all parties involved in crypto trading. Just as the top exchanges on Liquid's World Book benefit from the network with good liquid and as well, having a good standing, and ability to liquidate and borrow from other exchanges' assets during the time of crisis, so also do individual and institutional traders benefit from Quoine platforms. The benefits are wide and they go as far as whichever area you want to consider them.

How individual traders benefit from Quoine

Let us take a look at the benefits that individual traders gain from using the Quoine platforms.

Access to highly-advanced technology

Like we have mentioned, Quoine is able to counter many problems facing the crypto industry by using highly-advanced technologies that cannot be found anywhere else, yet. These technologies work hand-in-hand to deliver the set-goals. Starting from the World Book itself, this is a great technology that brings the world markets in a single book. By connecting different top exchanges and some minor ones together, this technology creates an ecosystem of the world crypto exchanges and gave an end to the old ways by which these exchanges operated. World Book's Matching Engine (ME) works with other technologies like Cross Currency Conversion Engine (CCCE) and Smart Order Routing (SOR) to provide speedy and effective matchings which deliver millions of transactions in a matter of seconds. No friction can cause any kind of delays with these technologies in action.

How about the Liquid's Prime Brokerage? This has a set of technologies; tools that reduce counterparty risks among others. These technologies; Direct Market Access, Fiat Management, and Credit Facility are all operating on Quoine platforms and if not for this revolutionary platform; Quoine, traders cannot benefit from these great technologies.

Access to the world liquidity

Like we have discussed earlier, even the exchanges in Liquid's World Book network benefit from this liquidity. However, traders benefit the more. Cryptocurrency liquid shifts from one region to another. No crypto pairs have their liquidity static or stabilized at a particular region. Since this happens to be the case, there was a limitation to the amount of liquidity that traders can get. As explained in our previous post, all top exchanges practice Liquidity Silos; meaning that they only provide liquid to their clients. Hence, when the liquidity for a particular token shift to exchange A, a trader from exchange B who would get the best liquid for his Base/Quote Currencies would not be allowed to access the liquid on exchange A and vice versa since he is not their client. However, Liquid's World Book solved this problem by bringing all these exchanges together and connecting them all to a single liquidity. Hence, individual traders can trade with trading pairs of their choice from any exchange and hence, gain access to a full liquid.

Reduced risks

The Prime Brokerage is essential in limiting risks that could come through counterparties since traders have access to several independent exchanges with different protocols and way of doing things. That Liquid was able to bring these heavyweight exchanges together in a single network does not mean it could control them just as it pleases. They are all independent enterprises. And like we have discussed before, it is all about mutual benefits. So trading on more than a single exchange will bring along some counterparty risks which could be dangerous especially for individual traders. However, Quoine has its own way of handling this by using some great technologies to control and limit the number of risks that traders could face.

Liquid's Prime Brokerage, which is a suite of tools that limit these risks is the system in action here. These tools are great technologies which comprise Direct Market Access, Fiat Management, and Credit Facility. As well, there are other forms of risk which include financial/banking restrictions, high price volatility, capital inefficiency, and overall lack of clear and fair pricing, all of which Quoine is able to counter and by solving these problems, individual traders benefit from this.

Access to professional grade services

This does not need to come as a surprise. After all, Quoine's greatest agenda is to see everyone being treated equally. That is why they brought their services on Blockchain technology; in order to make financial services ACCESSIBLE TO ALL. The services that individual traders gain access to, on the Quoine platforms are all of a high standard. However, Liquid's Prime Brokerage, Fiat Management Services, and Sophisticated Reporting Tools all contribute to rendering better and highly professional services to individual traders on Quoine platforms.

All of these bring us to a simple conclusion; that Quoine was built to revolutionize the crypto industry entirely and provide liquidity, which is the most essential tool needed to get rid of volatility that is holding cryptocoins in the downtrend.

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Disclaimer

The information contained here shall not be used as a guide in your next crypto trade. The writer is not a financial advisor but a crypto trader just like you. Information presented in this post is for educational use only.

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