Liqui is a Ukrainian cryptocurrency exchange that also features savings accounts and intends to offer margin trading and lending in the future. Like most similar venues, trading at Liqui is done via a single account type and there are almost than 200 digital coins available. Besides, Liqui, keeps adding new ones. 

As regards Liqui savings accounts, they have 24% annual percent rate (APR), which seems unrealistically high to us. Allegedly, interest is paid every 24 hours, and interest fees are calculated every minute.

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Score - 6.6Score6.6
Score Android - Score Android
Score iPhone - Score iPhone
Location - UkraineLocationUkraine
Currencies - Currencies
Languages - ENLanguagesEN
Buy with - BTCBuy withBTC
Fees - Maker 0.1% - Taker 0.25%FeesMaker 0.1% - Taker 0.25%
Altcoins - YesAltcoinsYes
Margin trading - NoMargin tradingNo (Exchange does not support margin trading)
Trust score - BTrust scoreB
Beginner friendly - NoBeginner friendlyNo (Exchange is complex and difficult for beginners)
Stability - 3. MuchStability3. Much (Exchange is stable, but it has a downtime in the high stakes)
Fiat - NoFiatNo (The Exchange does not support Fiat currency like USD, EUR, etc ...)
Support speed
API - YesAPIYes (API is available for public to use)
Rest API - YesRest APIYes (The Exchange has Rest API support)
Websocket - NoWebsocketNo (The Exchange does not have Websocket)
Mobile app - NoMobile appNo (Exchange does not have a mobile app)
Credit card - NoCredit cardNo (Exchange does not support credit cards)
Referral - NoReferralNo (Exchange does not offer an affiliate program)
Two factor authentification - YesTwo factor authentificationYes (The Exchange supports two factor authentication)
Withdrawal limit
Verification time
Lending - NoLendingNo (Exchange does not support lending)
Stop limit - NoStop limitNo (Exchange does not support stop limit)
US licence - NoUS licenceNo (Exchange don't have US licence for Money transmitter)
PGP support - NoPGP supportNo (Exchange does not have PGP encryption)

Launched in 2016, Liqui operates out of KievUkraine and is not regulated. This, of course, may bring a bit of worry, but the majority of the companies in the crypto-world are neither licensed, nor overseen by any authority. On the one hand, this is due to the fact that Bitcoin is a relative newcomer in the world of finance, but on the other, digital coins and related services are recently attracting billions of dollars. Therefore, authorities across the globe seek ways to regulate ICOs, crrypto-exhanges and the like.

Recently, there has been a new law proposed in Ukraine that would bring the local cryptocurrency ecosystem under the oversight of the country's central bank. Yet, currently crypto-exchanges in the country are not under the oversight of any government agency. 

That is why doing your due dilligence check before depositing any money or coins is a must for every crypto investor. We went through numerous negative reviews on Liqui. Some of the common problems users of this exchange have experienced are delayed or blocked deposits/withdrawals, non-responsive customer support, slow and laggy platform, salty withdrawal fees. In fact, most of the users directly accuse Liqui of being a scam.

Some of Liqui’s clients have reported that their accounts have been hacked, but remains unclear whether this is the case, or this has been done by some of the exchange’s team members, as some suggest. Either way, Liqui seems a bit shady, although it is rated 28th in terms of 24 hour trading volume at the time of writing of this review. That puts Liqui in between exchanges like BitBay and Cryptopia.


If you’d rather trade in cryptocurrencies with a properly licensed entity, you can also do that with a forex broker. Keep in mind that it is different from trading on a crypt-exchange.

Manuals for Liqui

Trading instruments (cryptocurrencies)
As we have already mentioned, there are over 190 digital assets available for trade at Liqui against Bitcoin, Ethereum and USDT (USD Tether, a cryptocurrency, backed by real dollars). However, fiat currencies (like USD, EUR, etc.) are not supported by this exchange.

Minimum initial deposit

Liqui does not provide information on the minimum deposit amount. This is more or less typical for crypto-exchanges. As we review mostly forex brokers, we are used to companies stating the minimum investment required to open an account with themThere are, however, some major players like IG that don’t have a required minimum.


Trading on leverage is planned by Liqui, but has not been launched yet. While some traders would probably enjoy such a service, it is not supported by the majority of exchanges, as cryptocurrencies tend to be very volatile. Bycomparison, all forex brokers offer margin trading, including for cryptocurrency CFDs.

Liqui charges “takers” (those who buy/sell from the first available bid/ask) with0.25%. On the other hand, traders who provide liquidity to the exchange by placing their own bids and asks have to pay 0.10% in trading fees. These are relatively competitive commissions, however, many companies don’t charge market makers, and some even give them rebates (HitBTC).

Review of Liqui

Remove the fact that they do not have any listing on their website regarding their physical office or the name of the people behind the campaign and this would be a very awesome place to exchange. But with this information being withheld it brings down the website’s credibility. I might have missed something but I tried my very best to dig out this information from the internet, but no luck.

The idea of having the “Savings Account” scheme is something new and got me interested. New innovations like this are what fuels people into investing in the cryptocurrency exchange. So is it worth your time? The idea is great, just so much mystery on the location and the people behind it is what really threw me off. As always, do your own research and tread with extreme caution in dealing with this website.

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