Liquid Fees and Minimum Deposit - TU Expert review
After considering a crypto exchange’s security, examining its fees is the next crucial step. Lower fees translate to higher potential profits. Newcomers to crypto trading may also want to consider the minimum deposit required to start trading, as they might prefer to begin with a smaller investment.
Traders Union analysts have assessed Liquid fees and minimum deposit requirements to help prospective crypto traders make informed decisions.
Short introduction of 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.
👍 Advantages of trading with Liquid:
•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.
👎 Disadvantages of Liquid:
•No call-center;
•No data on license.
Liquid Commissions and Fees
The Liquid cryptocurrency exchange charges fees for all trading operations. The amount of the fee depends on the trading level, which is determined by the user's trading volume within the last 30 days.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | 0.150% per application | Yes |
A broker is an intermediary between a trader and an exchange. Therefore, brokers charge fees for their services. The fees may have different structure.
There are the following fees in the Crypto market:
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Spread – the difference between the buy and the sell price of an asset.
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Commission per lot.
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Commission per trade.
Broker fees may differ depending on the trading account type. For example, on some accounts spread is used as a trading fee, and on others – commission per lot.
Why is it important to consider the minimum deposit at a cryptocurrency exchange?
Accessibility: The minimum deposit helps traders determine if they can afford to start trading on an exchange.
Risk Management: Exchange-set minimum deposits ensure traders have sufficient funds to cover potential losses and fees, preventing financial overextension.
Platform Suitability: The minimum deposit amount can be an indicator of the exchange’s target audience and trading volume, aiding traders in selecting a platform aligned with their goals.
Cost Considerations: Assessing minimum deposit requirements helps traders account for trading expenses.
Are the fees and minimum deposit requirements at Liquid suitable for beginners?
Analysis of Liquid shows that the broker has a rather high minimum deposit. It could pose a problem for traders, who are only starting their path in trading. Nevertheless, the fees are low. Therefore, the broker will be a good choice for professional traders.
FAQs
Can you reduce the fees?
As a rule, the fees depend on the trading account type. Also, companies may have special offers.
Are the fees charged on a demo account?
Yes, but they are written off the virtual funds you use for trading on the demo account. This allows you to learn the level of the fees.
Can the fees differ depending on the asset?
Yes. This is why many brokers specify the fees for each asset individually.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.