Japanese cryptocurrency platform Liquid.com has integrated Quick Exchange into its flagship mobile app Liquid Pro to ease the process of swapping between digital tokens.
Announced on Thursday, Liquid Pro will now allow crypto traders to instantly swap between more than 100 digital assets, with access to more than 3,000 crypto trading pairs.
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Per the company, Quick Exchange will allow traders to deposit fiats on the exchange in less than ten seconds and swap it for digital assets “as quick as a flash.”
In addition, Liquid has kept the transaction fee on the lower side with around $0.05 for a transaction.
A crypto unicorn expanding across the globe
Liquid is one of the few crypto unicorns with a valuation of more than $1 billion. Launched in 2014, Liquid is a subsidiary of Japanese fintech giant Quoine. The platform allows its users to access a global network of cryptocurrency exchanges.
Funded by big names including JAFCO, SBI, B Dash Ventures, Mistletoe, and ULS Group, the crypto startup closed its Series C funding round earlier this year. Previously, it also secured $20 million from venture capitals, with additional funding of $100 million from selling its native digital currency in 2017.
The company recently partnered with digital assets portfolio tracker BitUniverse to integrate the Liquid API into their service. This will allow traders to trade over 6,000 coins with price quotes from multiple platforms and wallets, all through one app, without switching from different apps.
The Japanese crypto startup is also determined to tap international markets and, in April, partnered with Virtual Currency Partners (VCP) to pave its way to enter the United States market.
Meanwhile, the company also announced the integration of multi-party integration (MPC) technology to its crypto cold storage wallets. This will increase the security of the wallets and reduce the firm’s dependence on cold wallet storage to a “90% threshold to drastically improve” withdrawal process.
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