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Laxman Pai, Opalesque Asia:

Global fintech company Quoine announced that it has launched a cryptocurrency trading platform, Liquid. Through the portal, users will be able to access a global network of cryptocurrency exchanges.

Liquid now allows users to match trades across multiple transactions and cryptocurrencies. For example, the orders of Bitcoin/Singapore Dollar, Ethereum/Singapore Dollar and Bitcoin/Ethereum can be matched together, said the Tokyo-based company in a press release. This is expected to greatly increase the liquidity of all available cryptocurrencies on Liquid.

Liquid also has plans to introduce a World Book system that integrates the orders and prices on multiple cryptocurrency exchanges into a single highly liquid and tradable order book.

The new portal aims to solve the problem of low liquidity in the cryptocurrency space, which results in a fragmented trading environment. Liquid will contribute to market stability by ensuring a high degree of liquidity and will allow users to trade digital assets in a secure manner.

Quoine is the first global cryptocurrency exchange to be officially licensed by the Japan Financial Service Authority (FSA) for its Japanese operations.

Commenting on the launch of Liquid, Mike Kayamori, Co-Founder and CEO of Quoine said: "Cryptocurrency markets need stability. This year, the 30 day BTC/USD volatility index has been above 3% for almost the entire year, with highs topping 8% at the start of the year.......................

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