Overview
Liquid is a cryptocurrency exchange offering trading across 100+ digital assets, 7 fiat currencies, and features like staking, margin trading, and an academy for beginners. Despite its tools, Liquid scores 3.4/10 on the Traders Union (TU) Overall Score due to higher-than-average risks and mixed client feedback.
Key Features
- Trading Instruments: Spot, margin, and perpetual contracts with leverage up to 1:100.
- Fiat Support: EUR, USD, SGD, HKD, AUD, JPY, PHP.
- Passive Income: Staking and an unlimited 30% referral program.
- Low Fees: Spot trading (0.3%/0.3% maker/taker), futures (0%/0.12%).
Advantages of Liquid
- Diverse Asset Selection: Major cryptocurrencies (BTC, ETH) + 7 fiats.
- Leverage Options: Up to 1:25 (margin) and 1:100 (perpetual contracts).
- User Resources: TradingView-integrated terminal, mobile app, and beginner academy.
- Cost-Effective: Below-average futures fees and no deposit charges.
👉 Explore Liquid’s trading platform
Disadvantages of Liquid
- Regulatory Concerns: No Tier-1 licensing; history of security breaches.
- Limited Support: No call center; help via email/social media only.
- Fees: Higher spot fees (0.3%) vs. industry average (0.15%).
Liquid Key Parameters
| Category | Score | Details |
|---|---|---|
| Security | 4.5/10 | 2FA + cold storage but no facial recognition; past hacks reported. |
| Commissions | 4.95/10 | Futures fees competitive; spot fees above market average. |
| Deposit/Withdraw | 5.5/10 | Bank transfers/cards supported; withdrawal fee applies (0.0007 BTC). |
| Supported Coins | 6/10 | 100+ cryptocurrencies but lacks NFTs/options. |
FAQs
Is Liquid regulated?
No. Liquid lacks Tier-1 oversight, posing higher risks compared to regulated exchanges like Kraken.
What’s the minimum deposit?
$1 or 0.0001 BTC.
Can I trade futures on Liquid?
Yes. Perpetual contracts offer 1:100 leverage with 0% maker fees.
👉 Compare Liquid’s leverage options
TU Expert Advice
For Experienced Traders: Liquid’s leverage and low futures fees may appeal, but its unregulated status warrants caution.
For Beginners: Consider platforms with stronger educational support and regulatory safeguards.
Final Thoughts
Liquid suits traders prioritizing low-cost futures and diverse crypto/fiat pairs, but its security gaps and lack of oversight make it less ideal for risk-averse users.
| Feature | Liquid | Industry Avg. |
|-------------------|------------------|-------------------|
| Spot Fees | 0.3% | 0.15% |
| Futures Fees | 0%/0.12% | 0.024%/0.053% |
| Leverage | Up to 1:100 | Varies |
For alternatives, explore exchanges with stronger compliance and broader asset support.