The web’s most detailed Liquid review: Regulated by the FSA, launched in 2014, still running and growing. This is what we are looking for when we are trying to find trusted cryptocurrency exchanges. We highly recommend using the Liquid exchange, keep reading to find out what makes this exchange special.
• Regulated by the Japanese Financial Service Agency (FSA)
• Great security with built-in cold wallet storage
• Veteran cryptocurrency exchange with high trustworthiness
• Very slow live chat
• Very few payment providers for fiat currencies
• Not available in the United States
In this section of our Liquid review we highlight 6 special features that deserves extra attention.
Liquid is a Japan-based cryptocurrency trading platform and it’s regulated by the Japanese Financial Service Agency (FSA). This builds a lot of trustworthiness for Liquid and it’s a trusted player that’s been around since early 2014. This is a great sign that this exchange is playing a serious game and I’m sure that Liquid will be around for many many years.
It’s a well-developed exchange that offers security and safety of funds for all its customers and the company behind the operation is called Quoine Pte. Ltd.
Why use Liquid
If you are looking for a very safe cryptocurrency exchange that’s regulated by a government with many different options, then Liquid is the right fit for you. Liquid is considered a high-security crypto platform and with the FSA regulation from Japan, it has earned the Excellent rating. Liquid offers features such as lending, swapping, and investing in cryptocurrencies.
It’s a very modern platform with up to standard tools and charting software. You can trade on the go with the Liquid app which makes life very easy if you ever need to enter or exit a position out of the home. I would recommend using Liquid if you have some experience since the platform is not for complete beginners.
Trading on Liquid
Liquid is promoting fast execution speed, deep liquidity, and great trade tools. After reviewing the trade interface I think it’s fair to say that Liquid is a good cryptocurrency trading platform. There are several semi-complex order selections like real stop losses and also the option to use a trailing stop loss. The charting package is from Tradingview which makes for a high-quality chart with all necessary tools.
It’s not a crypto exchange platform for absolute beginners since the interface will require some experience to operate. If you have traded before and are familiar with the standard order selections, leverage controls, and the Tradingview chart you will enjoy trading on Liquid. It is well suited for both short-term crypto day traders as well as swing traders.
A cool thing about Liquid is that you can save your favorite technical indicators as a template and re-use the interface you had before. This feature is readily available at the top of the chart. You can enter and exit the market with one-click trade if you choose to use market orders.
Payment methods and limits
Only VISA is available for card payments of fiat currencies. This means that if you do not own a VISA card, you can’t deposit money on the platform and you will not be able to join. If your currency is EUR you can use SEPA transfer or SWIFT transfers. The second option is to transfer cryptocurrencies to the platform to trade. This is an option if you already own some coins but it’s not very likely that Liquid will have many new first-time customers due to this. Since the withdrawal option is a cryptocurrency, the withdrawal limits on Liquid are pretty high.
Liquid category rating
Things we don’t like
This live chat is definitely underperforming on Liquid. This is a big minus for such a well-known and respected cryptocurrency exchange. I would like to see that they take the customer support side more seriously and hire more staff to handle queries.
Another minus is the poor selection of fiat payment options. The only option is VISA and that cuts out a large chunk of the traders who prefer other payment methods or even Mastercard. Step it up Liquid, you don’t get my approval for the fiat on-ramp.
Liquid Trading Fees
About the special features on Liquid
The Liquid cryptocurrency exchange is great for many things. You have the trade section which allows for both day and swing trading crypto. Choose your own leverage and keep track of your P&L with great performance analytics tools. The charting software is from Tradingview and Cryptowatch, two of the frontrunners in the industry.
Read up on new trade strategies in the education section of Liquid and see what’s new in the crypto market with newly released news. Since Liquid will give you a negative fee for using Limit orders, there is an option to act as a market maker for those who are interested.
High-security cryptocurrency exchange
Liquid is a very safe crypto exchange thanks to the Japanese regulation from the Financial Service Agency (FSA). This combined with a cold storage wallet makes it one of the more protected platforms for cryptocurrency traders to use. I would highly recommend this platform thanks to the high-security levels and if you are looking for safety, then Liquid might be your new home.
This is a great tool that allows you to track open positions and also your trade history. See which tokens and coins might need adjustments, where to take profits, and which position to cancel due to loss. We all need to take control over our trade account and with Liquid you will have everything set up automatically.
If you head over to the Liquid blog and click your way to the Trading Strategies section and learn new interesting strategies you’ve never heard of before. From a big overview of how the market works to more detailed trade strategies will help you out while you are learning.
Cryptowatch is an option on Liquid and it’s a very powerful trade terminal that feeds live data and charting for cryptocurrency traders. Cryptowatch is used on many exchanges and it’s becoming a standardized tool for many crypto day traders. You can swap between Cryptowatch and Tradingview with one single click just above the chart. Try it out and see how you like it.
Our own experience with Liquid
Liquid Funding Methods
Liquid Withdrawal Fee
Is Liquid safe?
Yes, this is one of the safer exchanges you can use and that’s thanks to the Japanese regulation from the FSA. This adds a huge security layer over the exchange and makes it highly trustworthy. We recommend this exchange as a safe place to buy, sell, store, or trade your cryptocurrencies. You also have the option to add a 2FA verification to protect your account from immediate attacks.
Is Liquid regulated?
Yes, Liquid is regulated in Japan by the Financial Service Agency (FSA).
Frequently asked questions
Read the most frequently asked questions about Liquid. Find your answer without searching the web.
Yes, this exchange is what we would call a safe place to operate your daily crypto investing. It's a regulated exchange with a good track record of keeping customer funds safe.
Unfortunately, The United States is on the list for restricted countries, and therefore US Citizens are not allowed to buy cryptocurrencies or trade.
It is a regulated cryptocurrency exchange where you can invest in bitcoin and other cryptocurrencies as well as actively day trade. The exchange also offers staking, short selling, and margin trade.
The headquarters are located in Japan but there are also offices in Singapore and Vietnam.
You simply head over to your account and select the cryptocurrency you want to withdraw. Click withdraw and enter the recipient crypto wallet address where you want to receive the coins.
The editorial team of Trading Browser is required to use first-hand sources to collect and share information regarding the businesses we promote. Among these sources, you will find LinkedIn profiles, Trustpilot reviews, Sitejabber ratings, whitepapers, government reports, and other reputable sources. Below is a shared list of the article sources used for this review.
- LinkedIn – “Liquid Company“
- Trustpilot – “Liquid.com“
- Yahoo Finance – “FTX Buys Crypto Exchange Liquid Group for Expansion in Japan”