Digrate digital assets rating agency has conducted an analysis of the LIQNET – crypto exchange, which combines liquidity from different platforms, forming a single order book with better pricing. The LIQNET project received an A2 rating score based on the results of the examination. Experts see the project’s high potential and medium-to-high probability of long-term investment return.Currently, the total monthly trading volume of the top-10 exchanges is more than $ 500 billion. Binance is number one in terms of trading volume of $ 130 billion, HitBTC is the 10th with a volume of $ 19.5 billion. LIQNET plans to combine the liquidity of all exchanges for the most profitable trade.The central element of the exchange and the main competitive advantage of the project is the Liquidity Exchange Network (LEN). LEN combines data on orders from multiple crypto exchanges and forms a single order book.Using LEN, users will be able to make deals at favorable prices with a minimum spread. The solution is useful, as the existing crypto exchanges do not solve the problem of scattered liquidity between platforms. In the next year, the project team plans to connect top 10-15 exchanges. In the long term, there will be additional connected sources, selected by users’ vote.The project has limited direct competitition. If we are talking about the classic crypto exchanges, LEN connects to exchanges using their open APIs, and trades through them, increasing the turnover of the exchange and paying it a commission for each transaction. via /r/icocrypto https://ift.tt/2KP1LQ1
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