Liquid is an exchange that is present in Japan and used to by a different name. What name did it go by in the past? That name was QUOINE.
The new platform would launch by late 2018 and continues to exist. This indicates that the exchange has been around for a while and is backed by a corporation that aims to be around for quite some time.
The earliest sightings of the company was around late 2013 and the firm raised more than $100 to bring its offerings to the world. It has gone through several mergers to become the giant that it is today. We’re talking about it today because people seem to think that it is an alternative digital asset exchange that makes a difference.
But why would they have that opinion?
The primary reason is that the entity thinks about the customer from the start of the equation. For instance, they’ve combined their capital, years of experience, and knowledge to bring about a team that designs their service for the customer.
What does this entail?
Weaving a website that thinks about the customer and their interaction with the website. An improved user friendly experience creates better traction and overall use that allows for better learnings for the creators and the users. People appreciate the fact that it is highly responsive and simple across the board.
The main aspects that users care about is the improved workflows such as setting up an account, moving through the security process, verification of identity, and logging in. The smooth flow of the process makes it a pleasant experience, enticing users to come back regularly.
The overall design is no accident. The people in charge of conducting proper flows took the time to do a great job and it shows, according to various users.
Users feel as if the designers of liquid thought about the experience of the user every step of the way. Remember we talked about registration and verification earlier? That mere aspect shows that the exchange is interested in staying in compliance with the law and puts them in a league with other professional brands of a similar ilk.
That is a key benefit to using Liquid because traders will realize that they have more security and will not have to face an exit scam like with other less transparent exchanges.
Further, we see that the exchange goes the distance by having the proper customer support channels that range from email to online chat. That is something that traders would appreciate as they find issues in one or more areas of their trading process.
The entity has a lax withdrawal policy in that they do not charge to take funds out of their system and it employs people to check if all user actions are appropriate and legitimate to provide more security. Another fantastic feature is that the Japanese entity will make certain to keep assets secure by freezing them or placing them in extra cold storage.
They want to make sure they minimize mistakes, thwart attacks, and improve safety every step of the way.
People appreciate the fact that the company prefers a variety of assets and will let people trade with these many digital currencies. The operators also enabled margin trading, derivatives, and way to access it on your mobile device while you are on the go.
Government currency to cryptocurrency speculation is also something that people have to come to love about the exchange. From proper transparency to the enablement of crypto bot trading, the platform uses the right people to continue to deliver great results.
That is why many traders choose to work with the entity while they conduct their automated bot trading on the Liquid platform. But why would they want to even dabble in a more automated process?
There’s a variety of reasons for doing so, let’s find out why.
Why Do You Need to Use a Trading Bot on Liquid?
The reason why you need a trading bot on Liquid is because you want to make sure that you improve your performance over time. After a little while of underperformance or not being able to meet your goals, you might wonder how you can improve and get where you want to be.
Frustration will gnaw at you day in and day out. You will realize that you only have so many hours within the day and that you can only do so much. This is where the search for better solutions will start.
The path will lead you to automated speculation options. After a little bit of research you will find that these solutions offer you autonomy, freedom, and the ability to make trades without being present at a computer screen.
You come back to your main goal and understand you will have to now learn how to let the programs work for you instead of you putting in the manual hours.
The main goal of automated trading is to improve your earnings by inputting the right parameters.
What are the right parameters?
You will learn what they are as you understand the markets, the indexes, and the moving averages. Further, you will know what you would want to input as you watch the markets and see how it moves over the course of several months. Beginners traders and professional traders have one thing in common, they can study the markets over the course of several years and think about how they could earn the most each day.
There are several strategies and tactics that one can implement as they undertake this process.
Due diligence is your best friend in this process as it will let you get more acquainted with how you can use bots to earn on Liquid with its variety of alt coins and opportunities.
Are You Allowed to Use Trading Bots on Liquid?
It is quite possible for you to turn to these automation options on the Liquid platform. Remember that this is par for the course with more modern institutions of crypto activity. These facilitators want to make sure that they have the right facilities to stay on par with the rest of the pack.
The great part is that they are allowed by different governments as well because of the level of progress they bring to the speculation sector.
That means that they are present and available in many areas because of the convenience and value that they bring to the sector.
Do You Need to Download Special Software?
Special software is not needed for the execution of these specific programs. Why? This would create undue friction and slow down adoption of these tools.
There is no reason why these different bot creators would create more difficulty in using these programs and making it as simple as possible is a high priority.
Cloud solutions will continue to lead the way in this sector as it does in other areas as people are finding these solutions to be very useful.
Are Liquid Trading Bots Safe?
Yes they are safe and secure. Why are they safe and secure?
Because most prominent players and solutions within this sector realize that this is a very small niche and that word travels fast. If they are doing some things that are suspicious, it would certainly spread fast in the community.
Also, these programs are crafted with specific designs in that they use specific technological features. These technological features include an application programming interface that let these tools have specific control of your trading account.
But remember that these controls only apply to trading and not to withdrawal. It should never apply to the extraction or input of funds on your behalf. The idea is to make certain that you are only giving it specific control not holistic control over the entire account.
Do your best to keep your funds safe and secure by implementing the right third party security features.
Best Liquid bots
There are quite a few solutions that are present in this era for different platforms. Here are few of these options that different enthusiasts turn to for their streamlined speculation needs.
These are a few of the quality options that you can choose but there are more out there:
Are There any Free Liquid bots?
Each platform will have it to where they will usually partner with free programs as well. This way they can let people who want to try out these automations do so without any issues.
There is a slowly growing community around these open source and completely free solutions.
The major issue with these is that they do not have dedicated support functionalities. Of course, this makes sense as it is open source and there is a single entity that is aggregating resources to deploy into customer service and other divisions.
These are usually presented by those who are of the hobbyist nature.
How Much Money Do I Need to Start?
The funds you need to get started will vary based on your desires. If you are choosing to move big sums around you will likely want to change your life over the course of a specific time period.
If you are moving small sums around, you will want to change your life but only in a small cautious manner.
The type of funds you start off with will vary based on your specific situation, your level of comfort, and your goals.
Figure out what you seek to get done and then you have the answer to your question. The first point of interest should be around the type of earnings you want to have on a weekly or monthly basis. Are you seeking to earn $500 per month or $1000 per month?
You will start with a more considerable amount based on your regular goals.
How to Choose the Best Trading Bot for Liquid?
The answer is very simple. Look for those solutions that have great ratings and coverage. Then make sure to view their simplicity.
Finally, make sure they have the right features such as strategies, backtesting, data, statistics, and other aspects that you want in an ideal solution.
Finally remember that these bots are still growing and evolving. They are not magical but they can help you to improve over time. Most people can get frustrated when they do not see immediate results.
But that is not how these automated solutions work. They can augment the brain of a human and conduct operations based on what the individual inputs into the machine. These inputs may not be accurate at first and may become more in line with the market over time.