The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Binance and Liquid – Comparing Top Crypto Exchanges

by Sponsored
April 23, 2019
in Industry Announcements


Few questions in life have clear-cut answers. Whenever we need to make a major purchase or decision, no matter how much research we do, ultimately, the final decision will come down to facts and personal opinion. 

For instance, when you’re shopping for a new car, it’s unlikely that only one vehicle within your budget will be the most reliable, efficient, safe, and attractive option. You’ll have to choose which factors matter the most to you and pick the car that has the best ratings based on those criteria.

Cryptocurrency exchanges are the same. Each has their own strengths and weaknesses, as well as limitations as to who can trade on them. It’s up to you as the consumer to decide which exchange is the best one for trading your cryptocurrency assets. While you’ll have to do your own research and make your own decision, exchange ratings can help you make an informed decision.

To illustrate, let’s compare two popular cryptocurrency exchanges: Binance and Liquid (Quoine).

Binance – the world’s largest cryptocurrency exchange

Binance has long reigned as the largest crypto exchange by volume. They provide a relatively safe and reliable platform that is easy to use and provides users with access to a number of cryptocurrencies.

Beyond providing an exchange, Binance also has their own blockchain and cryptocurrency, and appears to be trying to entice projects to switch from ERC to the BNB blockchain. This has led to speculation that Binance is out to become an overwhelming giant in crypto, akin to how Amazon dominates e-commerce. Many who favor a more decentralized crypto economy are wary of Binance becoming too big and powerful.

To read a full review of Binance exchange, click here.

Liquid – An exchange with a vision

Binance isn’t the only exchange with big goals. Liquid, too, seems to have goals beyond simply providing a safe platform for trading cryptocurrency.

Liquid was launched by Quoine, an international cryptocurrency firm. Quoine was the first fintech firm to receive an official license from the Financial Services Agency (FSA) in Japan, and has a good reputation for their adherence to regulations.

The Liquid platform has its own cryptocurrency, called QASH, which gives users discounts on fees and other benefits.

Liquid is also pursuing a banking license, which would allow them to offer a wider range of services and better bridge the gap between fiat and crypto. While there are many companies out there attempting to offer crypto banking, not many have the good reputation that Liquid enjoys. Liquid’s trustworthy team and track record as an exchange should help foster confidence in newcomers looking for a safe place to trade cryptocurrency.

Liquid does not fully insure the crypto assets on their site. This common stumbling block could serve as a barrier for mass adoption of cryptocurrency. People want to feel safe and confident investing their money in cryptocurrency, and the difficulty in finding a fully insured exchange is probably deterring many from getting more involved in crypto trading.

For a full review of Liquid exchange, click here.

Just two out of many options

Binance and Liquid both have a lot to offer potential traders, but they’re just two out of the many crypto exchanges available to today’s users. Your choice might be influenced by which currencies you want to trade, what fiat currency you might want to make deposits in, and what language you want your platform and customer support to be available in. Exchange ratings and reviews can provide you with a valuable overview of the high and low points of exchanges, and from there, you can find the one with the features that suit you best.

The most important thing is to watch out for exchanges that have a history of multiple hacks or poor security for users’ funds. Likewise, beware of any exchange with team members accused of misconduct. One reason why Binance and Liquid both get such high marks is that they have trustworthy, skilled teams who are able to provide a quality cryptocurrency exchange.

Whatever you’re looking for in a crypto exchange, visiting an exchange rating list should help you find the right platform for your needs. For a full list of the top crypto exchanges, click here.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 

 

Submit a Press Release

Industry Announcements

  • Addressable Raises $7.5 Million To Enable Web 3.0 Companies To Acquire Users at Scale
    January 31, 2023
  • SIMBA Chain Awarded $30 Million US Air Force STRATFI
    January 31, 2023
  • Bunzz Raises $4.5 Million Seed Round To Expand Its Smart Contract Hub for DApp Development
    January 24, 2023
  • Dogecoin and Shiba Inu Better Watch Out – Floki Just Had Three Big Things Happen for It
    January 24, 2023
  • Crypto Marketing – What Initiatives Will Bring More Value and Users in 2023
    January 23, 2023
  • Make Crypto Payments on BChat Web 3.0 Messenger – BChat Integrates Beldex Wallet
    January 22, 2023
  • KEY3.id Supports Multi-Chain Transaction, Partnership With KuCoin Wallet, CoinHub Wallet and Wallet3 To Launch 2023 Lucky Transaction Campaign With Over 30,000 Participants on Social
    January 20, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$22,978.16
$22,978.16
1.15%
Ethereum
$1,578.38
$1,578.38
1.39%
Cardano
$0.386507
$0.386507
4.48%
XRP
$0.406268
$0.406268
3.51%
Dogecoin
$0.095389
$0.095389
10.43%

Spotlight

  • ARK Invest Predicts Market Rebound, Says Crypto Assets To Become Valued for Scarcity in Age of Abundance
    January 25, 2023
  • Two Under-the-Radar Altcoins Continue To Skyrocket This Week Amid Official Coinbase Trading Rollout
    January 27, 2023
  • Layer-1 Blockchain Explodes 150% As Chinese Social Media Giant Integrates Crypto Platform
    January 31, 2023
  • Largest Crypto Wallets To Support Major Shiba Inu (SHIB) Upgrade As Dogecoin Rival Holds 70% Gains Year-to-Date
    January 26, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl