According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Proprietary platform
- A large variety of cryptocurrencies and tokens, seven fiats, there is staking and an unlimited referral program, and an academy for novice traders
Our Evaluation of Liquid
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Liquid is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.4 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Liquid clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The Liquid cryptocurrency exchange offers comfortable terms for cooperation, low commissions, and passive income through staking, as well as an unlimited referral program. The trading terminal functionality is standard, and commissions are lower than average in comparison with its competitors. Leverage is available for margin and perpetual contracts. It has many crypto-crypto and crypto-fiat pairs, and all major deposit/withdrawal options, including MC/Visa cards.
Brief Look at Liquid
The Liquid exchange is a cryptocurrency buying and selling platform featuring the most popular assets including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, etc. The site offers pairs with fiat funds such as EUR, USD, SGD, HKD, AUD, JPY, PHP. It offers a standard web terminal for trading TradingView, and there is a mobile version. Spot and margin trading and trading of permanent contracts are available to users. Leverage is provided for margin x25, for permanent trading x100. As for passive income, there is an affiliate program with payments of 30% of partners' trading commissions and cryptocurrency staking without blocking funds on the account. There is a help center and training courses academy for novice traders.
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- major cryptocurrencies and seven fiats are traded on the exchange;
- there are spot and margin trading, and permanent contracts;
- the exchange provides leverage for margin and permanent trading;
- functional web terminal and trading application;
- Help Center and Academy with Guides for novice traders;
- low commission fees (up to 0.0/0.150% for maker/taker);
- referral program with payments of 30% of referral’s commissions;
- cryptocurrency staking without freezing the deposit.
- No call-center;
- No data on license.
TU Expert Advice
Financial expert and analyst at Traders Union
The Liquid.com cryptocurrency exchange was founded in 2014 as an exchange service. It is registered in Singapore. Registration is active, there is no license data. Today, the exchange is among the largest players in its segment, there has been stable growth in its trading volume and the number of its users.
The site offers many cryptocurrencies, tokens, and tokenized assets. Fiats are provided also, and there are implemented trading types such as spot, margin, and perpetual contracts. For margin and indefinite trading, leverage is available from x25 and x100, respectively.
The site did not introduce original investment programs for large investors. However, each user can activate the staking protocol by lending cryptocurrency to blockchain projects. A feature of the service is that credit funds are not frozen on the user's account, they are available for trading and withdrawal.
There is a typical one-level referral program. The trading terminal is also standard, based on the TradingView system. There is an advanced mobile trading application for iOS and Android. The interface is intuitive, all basic functions are available such as charts, indicators, order books, etc.
The site is quite convenient for novice traders because there is no minimum deposit, multiple options for depositing/withdrawing funds, and training programs. But there are no demo accounts. There is also no contact with technical support by phone. Available options are by email, tickets on the site, profiles on social networks. During the study, no malfunctions were noticed. Possible defaults on obligations were not revealed.
Liquid Summary
💻 Trading platform: | Proprietary platform |
---|---|
📊 Accounts: | Standard |
💰 Account currency: | Cryptocurrencies, EUR, USD, SGD, HKD, AUD, JPY, PHP |
💵 Deposit / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
🚀 Minimum deposit: | $1 |
⚖️ Leverage: | 1:25 (margin), 1:100 (perpetual contracts) |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Commission: |
Spot: 0,3%-0,3% Futures: 0%-0,12% |
🔧 Instruments: | 100 supported coins, Futures, Perpetual contracts, Fiat. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | n/a |
⭐ Trading features: | A large variety of cryptocurrencies and tokens, seven fiats, there is staking and an unlimited referral program, and an academy for novice traders |
🎁 Contests and bonuses: | n/a |
The Liquid cryptocurrency exchange doesn’t set a minimum deposit. Register and confirm the data to start trading. You determine the amount to deposit into your account. Cryptocurrency wallets, e-wallets, bank cards, and transfers are available for input. There is no leverage for spot trading, and x25 leverage is available for margin trading, while x100 leverage is for perpetual contracts. Technical support is done via the site service and by email. Also, representatives of the site can be contacted through official accounts on social networks.
Liquid Key Parameters Evaluation
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Regulation and safety
Liquid received a score of 4.5/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.
- Cold wallet storage
- 2FA
- Not U.S regulated
- No facial recognition
- Not government-regulated
- No investor protection fund
Liquid Security Factors
We also compared Liquid against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
Liquid | OKX | Kraken | |
Tier-1 regulation | No | No | Yes |
Government-regulated | No | Yes | Yes |
Investor protection fund | No | Yes | No |
2FA | Yes | Yes | Yes |
Facial recognition | No | Yes | No |
Cold wallet storage | Yes | Yes | Yes |
Successful hacker attacks | Yes | No | No |
Is Liquid a regulated crypto exchange?
Liquid is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Liquid is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at Liquid?
Yes, KYC verification is mandatory at Liquid. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Liquid available?
Liquid complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, India, Spain, United Kingdom, Nigeria, Malaysia, South Africa, Australia, Canada, Pakistan, Philippines, Israel, Cyprus, Sweden, Latvia, Romania, Portugal, Switzerland, Netherlands, Singapore, Indonesia, Kenya, UAE, Iran, Islamic republic, Turkey, France, Bangladesh, Thailand, Italy, Egypt, Poland, Sri Lanka, Belgium, Norway, Saudi Arabia, Brazil, Vietnam, Czech Republic, Greece, Uganda, Ghana, Morocco, Finland, Bulgaria, Korea, Algeria, Azerbaijan, Estonia, Argentina, Peru, Austria, Chile, China, Mexico, Denmark, Germany, Kazakhstan, Uzbekistan, Colombia, Moldova, Kyrgyzstan, Venezuela, Lithuania, Ireland, Slovakia, Georgia, Tajikistan, Armenia, Hungary, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Liquid support.
Is Liquid available in the USA?
Yes, Liquid is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Liquid commissions and fees
Liquid received a 4.95/10 score for its commission structure, indicating that its fees are higher than the market average based on an evaluation of over 100 cryptocurrency exchanges.
- Futures fees below industry average
- No deposit fee
- Spot fee above industry average
- Withdrawal fee may be applied
What are Liquid trading fees?
We analyzed Liquid’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Liquid trading fees vs competitors
Liquid | Binance | Bybit | Industry average | |
Spot, maker fee (%) | 0,3 | 0,1 | 0,1 | 0.15 |
Spot, taker fee (%) | 0,3 | 0,1 | 0,1 | 0.194 |
Futures, maker fee(%) | 0 | 0,02 | 0,02 | 0.024 |
Futures, taker fee(%) | 0,12 | 0,05 | 0,055 | 0.053 |
What are Liquid deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,0007 BTC 0,01 ETH |
Does Liquid offer P2P trading?
No, Liquid does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Liquid received a 5.5/10 rating for its deposit and withdrawal services. While Liquid covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Bank transfers for deposits and withdrawals
- Many cryptocurrencies for deposits and withdrawals
- Bank cards accepted for instant deposits
- No deposit fees
- No PayPal option
- No Google Pay option
- No P2P transfer option
Deposit and withdrawal options
Liquid supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
Liquid Deposit and withdrawal options vs competitors
Liquid | OKX | Kraken | |
Bank transfers | Yes | No | Yes |
Bank card | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
PayPal | No | No | Yes |
What is Liquid minimum deposit?
The minimum deposit at Liquid is 1 USD/USDT or 0,0001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Liquid minimum deposit vs competitors
Liquid | OKX | Kraken | |
Minimum deposit, USD or USDT | 1 | 10 | 10 |
Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does Liquid support fiat money?
Liquid supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Liquid received a score of 6/10 in this category, reflecting a solid selection of tradable assets and markets. Liquid supports 100 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Fiat currencies supported
- Yield farming available
- Staking available
- NTFs not available
- Crypto options not available
Liquid supported coins and markets vs competitors
We compared Liquid with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
Liquid | OKX | Kraken | |
Supported coins | 100 | 329 | 278 |
Futures/Perpetual contracts | Yes | Yes | Yes |
Options | No | Yes | No |
NFTs | No | Yes | Yes |
Liquid passive income options vs competitors
We also compared Liquid with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Contacts
Foundation date | 2014 |
---|---|
Registration address | Tokyo, Japan |
Official site | https://www.liquid.com/ |
Contacts |
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