Using Liqio Exchange For Your Digital Asset Trading

Using Liqio Exchange For Your Digital Asset Trading

Talking about digital asset trading, sometimes we could not understand the terms that make us feel confused, which leads us to forget about it. But if you look closely, the digital asset trading is probably the main thing that people used as their income for their living. However, trading on digital assets or cryptocurrency might come with many challenges. Hence, if you are not smart enough to choose an intelligent trading decision, then it will be so hard for you to gain a token, which is, in this case, is the possessive investors are dying to buy. In other words, it can be said that doing “business” in this digital asset trading is not an easy peasy thing to be done. Nonetheless, if you do this business with the proper platform, it probably can make you more confident and believe in doing this business.

Recently, there is a platform that perhaps is the best tool for you to surf the digital asset or cryptocurrency business. It called Liqio Exchange. It is the newest digital asset platform in the line and already gained much attention since its features provided many properties that can be used by you. The Liqio Exchange is built in Estonia and aims to reduce the hassles that come with trading on digital assets. It comes up with a fresh and understandable interface. This platform, however, can lead you to find the best excitement in doing this digital asset or cryptocurrency business.

Now talking about the primary digital asset or cryptocurrencies in Liqio Exchange is still like the common platform that makes LQO tokens as their primary also. However, in this Liqio Exchange, it provides many features to offer. Let’s take a look at features that offer by Liqio Exchange down below;

How Does It Work?

Since Liqio Exchange will get their first financial license, it will make this platform will get their exposure as the other similar companies who have already gained its name and proper perspective. Besides, by getting the license, it also is a good point for liqio exchange to be the platform that can stand above their self without getting help from others. It will raise the intention of the new participants or traders to join this platform.

Furthermore, Liqio Exchange works will have similarities with other platforms that rely on blockchain as their technology resources. In this case, by using blockchain technologies, this platform can be used for carried out any transactions in instant, transparent, and more importantly, it will be safer due to unchanging data from its participants or traders who use this platform.

However, as the main reason this platform build, which is one of the platforms that provide any digital assets transactions from both seller and buyer, this platform also can receive dividends for holding an internal token. Hence the holder of the token will be able to take their part into the voting things that consist of this platform.

The Voting Model From Traders

In this Liqio Exchange Platform, the traders that consist of it can give their suggestions or inputs for any topic that put in the table. It can be assumed that Liqio Exchange is the only platform for the digital asset or cryptocurrency business that designed management that includes all the participants to taking care of the issue. Furthermore, by these circumstances, the participants or traders can vote for their suggestions or even can fight back the topic brought in the table by using their LQO tokens.

Following the previous line, it means that Liqio Exchange provided every single participant or trader a token holder, and it would be allowed freely to give their suggestions on each topic delivered by the Liqio Exchange. However, the Liqio also patterned each vote from participants or traders to be one vote per token. It means that 1 LQO token equal to the one vote.

Tokens

Since the systems in this platform will be based on LQO, which means all the orders will be developed based on ethereum. ERC 20 Standards will also establish the policies. However, there is another thing that needs considerable attention, which is the amount of the token will approximately be covered in 100.000.000 total of LQO.

Following the previous case, it will make the value of the coin will be added with potential demand in the digital asset market is increasing. Moreover, in this platform, it will also develop a plan that focuses on the STO; however, since this is still in proposing tempo, the distribution of the coins will be conducted as usual.

Understandable Trading Interface

In Liqio Exchange, you will find out the most comfortable and natural trading interface. It often has seen a trading platform with such an unclear and uncommon interface that leads us to confusion. However, in this Liqio Exchange, it all can not happen since its interface is a hundred percent can understandable by even the beginner’s traders. Furthermore, in Liqio Exchange, you can use the platform without worrying about malfunction or anything else.

The Revenue Model

Talking about the income in this Liqio Exchange, it has different revenue compare with another platform. In this platform, there is 4 primary revenue that you can consider as the reason before you land your choosing to use this platform, those four model as follows:

  1. Trading Fees
    Of course, the trading fees are the primary revenue in this platform. In this case, the participants or traders will pay trading fees while they perform a transaction. The allocation of income will consist of the 0,10% current rate for the maker and 0.20% for the taker of the trade. However, you need to pay attention since the trading fees may be changed and optimized in agreement with the community by voting from the token owner.
  1. Withdrawal Fees
    In these terms, the participants or traders will pay the fees from their withdrawal. The amount of withdrawal itself varies due to the token or coin, and sometimes it depends on the rates.
  2. Listing Fees
    To make the listing, sometimes, it requires a fee from its participants or traders who wants to put their listing in the table. Also, the listing that consists of coins or tokens has to be selected and voted by the community, and after the list has already been confirmed by the community, the listed will be free charge of each month.
  3. Ancillary Services
    The last revenue model will be the additional services provided by the Liqio Exchange that covers White label, launchpad, legal advice, and many more.

The Spending Model

Of course, when there is revenue, there also will be spending. Thus, in this platform, there are four models of spending that the participants or traders need to know. Those four spending model are mentioned below as follows;

  1. Growth
    The first spending model in this platform is growing. It means that when the 35% security token offering STO revenue is needed to be invested for the growth of the platform itself. In order to apply this, the Liqio exchange will use various methods to expand their user base.
  2. Developing The Exchange
    The second spending model will be allocation of 45% of the security token offering for the development of the exchange and its functions. It also used for the development of Initial Exchange Offering IEO, community trading, and many more.
  3. Compliance and Security Update
    The third spending model will be used 15% of income to make the compliance regulations and security systems be updating following the other sectors’ developments.
  4. Other Expense
    The last spending model will focus on the renewal of things such as equipment, servers, attending seminars, and many more. The allocation will be at 5% of the revenue or income.

The Advantages of Liqio Exchange

Like any platform that includes in the digital asset or cryptocurrency business, the Liqio Exchange also has its own advantages that you can use as a reference before you take your own part to join this platform. Those advantages are mentioned below as follows;

  1. Legalized Platform
    The first advantage you may want to know is about the legalization of this platform. Indeed, the liqio exchange is already registered under the Estonian identifier number 14789497 (Financial and insurance activities). By this, it makes it clear that the Liqio exchange is a platform that can give you confidence in doing the digital asset or cryptocurrency business while the other platforms might be illegal.
  2. Safety
    As it has been registered in European regulations, the Liqio exchange will provide you with extra safe trade activities. It also will make your cryptocurrencies secure.
  3. Secure Wallet
    In this Liqio exchange, almost a hundred percent of the funding is in the form of cold wallets. It means that you do not have to worry about a thing that related to the fraud or something even worse.
  4. Mobile Friendly
    Since this era, everyone uses their smartphone as their daily basis equipment so the
    Liqio exchange will also try to apply their platform with mobile web browsers that compactible with an understandable interface.
  5. Referral Program
    If you want another income for yourself, then you need to tell your friends about this platform, let them sign themselves to the platform, and then the Liqio exchange will give you a fee commission as a reward.

Problems in Liqio Exchange

Using this Liqio Exchange as your platform or media in doing digital asset or cryptocurrency business does not mean that you are in great systems that can be tracked by the problem, or in other words, is safe. It means that you need to prepare some heavy mental in order to face some problems that might be happened at a certain time without asking your permission. Those problems consist in the Liqio exchange are mentioned below as follows;

  1. Financial Loss
    The first problem that usually happened in this digital asset or cryptocurrency business is that when you do the transaction, that gives too much commission to other participants or traders.
  2. The Efficiency
    The second problems are about efficiency. Since using this Liqio exchange means that you will be spoiled with many features that make you feel more comfortable, it indirectly will make you forget about things that require effectiveness, such as the cost number of transactions, the commission you need to give to the conductors.

However, by looking at the advantages of using this platform, perhaps those two issues can be maintained and fixed properly.

Liqio Risk Assessment

As one of the first priorities held by Liqio Exchange is to guarantee their participants or traders’ safety in its comfortable transaction. So, this platform conducts a risk assessment. It aims to identify which users have a risk profile to be their users. Following this, the participants or traders need to do an assignment held by Liqio Exchange before they join the platform itself.

In this case, Liqio Exchange will make a restriction for those participants or traders who lived in countries that listed in the risk categories of the country that not allowed to use cryptocurrencies, countries who have low tax, and that user who make the transactions of cryptocurrency and cash in an abnormal way.

Furthermore, for more details information the risk assignment conduct by Liqio Exchange will cover three different assignment as follows:

  1. Level 1 Risk
    This assignment will cover the information about the country of the new participants or traders who want to involved in the platform. It also covers such things likes the legal person of area, the legal person activities, the representative of the owners of the coins, and many more.
  2. Level 2 Risk
    This Assignment will cover the activities that the users have before taking its part into account. It also will gain information about the information on users’ legal activities linked with whether it is legal, financial offense, or other suspicious activities related to financial matters.

The Conclusion

Since using a traditional transaction will make you worry about several issues that need to handle properly, then you need to start using this Liqio exchange as your platform for doing the transactional business. It also can be used by you if you want to involve more in the digital asset or cryptocurrency business. By looking at the advantages that offer by this platform, somehow, it convinces me to use this platform also. Additionally, about the interface that can be understandable to use, personally for me, and don’t forget to mention the features provided in this platform, it’s awesome.

Ann Thread: https://bitcointalk.org/index.php?topic=5195018.msg52840589#msg52840589
Website: https://liqio.co/
White Paper: https://drive.google.com/file/d/1Zq0d0k4-dJWqoVihnLdWLjTrpWX6YROV/view

Social Media:

https://www.facebook.com/Liqio-101013327984747/
https://www.linkedin.com/company/28385007/

Posted by kurniawan05

Same Problem, Different Drivers: 2019 is Breaking Records for Data Breaches

Some types of cyber threats run together in many people’s minds. However, the question of what is a data breach versus a different type of cyber incident is pretty clear.

Data breaches have become a daily occurrence. Many organizations collect massive amounts of data about their customers and fail to properly secure these collections. Since this data is valuable on the black market, cybercriminals take advantage of these weak protections to steal sensitive data.

It probably should not come as a surprise that the threat of the data breach is not only ongoing but growing. Organizations still have the same vast collections of sensitive data, and it is only becoming more valuable. However, while the growth of the number of data breaches and exposed records in 2019 is to be expected, the drivers behind the exposure of sensitive data may be less so.

The Threat of the Data Breach

Data breaches have entered the public consciousness as one of the biggest cybersecurity threats in existence. They probably would have the top spot unopposed if it wasn’t for the very visible and personal threat of ransomware.

For many organizations, preventing a data breach is one of their highest cybersecurity priorities. With the passage of new data privacy laws like the General Data Protection Regulation (GDPR) in the European Union, the California Consumer Privacy Act (CCPA), and dozens of others, being the victim of a data breach can be extremely costly for an organization. This has created some odd incentives in cybersecurity efforts like bug bounty programs, where extremely common threats like cross-site scripting (XSS) that don’t often result in data breaches are assigned much lower bounties than rarer threats that could result in a major, public breach.

Protecting against data breaches is difficult because they can be performed in so many ways. A common cause of a data breach is misconfigured security settings in the cloud, where a “public” data store is fully accessible to anyone who can learn the URL. Data breaches are also commonly caused by exploitation of web application vulnerabilities (including XSS) that take advantage of the fact that these web apps often have direct access to back-end databases containing user account information.

Organizations attempting to protect themselves from the threat of data breaches must struggle with the fact that a data breach can be very profitable for an attacker and is difficult to defend against due to the wide range of possible attack vectors. Since the majority of organizations lack the level of technical knowledge and expertise held by many cybercriminals, and the identification of vulnerabilities that can be used in data breaches can be performed in an automated fashion, it shouldn’t be surprising that the number of data breaches is growing.

Data Breaches Continue Growing

2019 is a bad year for data breaches. In the first nine months of 2019, there were a total of 5,183 different data breaches with 7.9 billion records exposed. This represents a significant growth in both the number and impact of data breaches compared to the same period in 2018. The number of breaches has grown by 33%, and the total number of breached records is 12% higher.

Interestingly, the drivers between the number of breaches and the volume of breached records differ. Unsurprisingly, cybercriminals were responsible for the majority of data breaches; however, they don’t account for the majority of breached records.

Accidental data leaks, like those caused by misconfiguration of cloud services security settings, have caused over 6 billion records to be exposed in the first three quarters of 2019. This number is calculated based upon the number of insecure cloud data repositories that have been discovered and reported. However, the true amount of data exposed on these cloud deployments is likely much higher, and the nature of the cloud means that organizations with insecure cloud resources may not even be aware if they have been accessed by unauthorized parties.

How to Protect Sensitive Data

Data breaches can be carried off in a wide variety of different ways. Many of them are intentional actions by cybercriminals attempting to gain access to sensitive data for their own use or for resale on the black market. However, others occur without malicious intent as companies accidentally expose their own data due to negligence or a lack of understanding of how to secure new environments like the cloud.

Protecting against data breaches requires the ability to identify and monitor repositories of sensitive data through the organization’s environment. While the organization’s main databases may be well-protected, unforeseen circumstances can cause sensitive data to be stored in unprotected repositories.

Data may be migrated to the cloud to fulfill business needs, but without the oversight of the organization’s IT and security teams. Sensitive data may be needed to test software under development and be copied to a database within the development environment. The organization may have backup systems in place to protect against ransomware but inadequately protect those backups.

These unofficial data repositories are a favorite target of hackers since they lack the defenses of the main database. Protecting against data breaches requires visibility and security into all of an organization’s sensitive data, wherever it may be located.