QUOINE LIQUID Functionality
LIQUID (read as liquid) is a platform built by QUOINE (read as coin) to provide its users with enough liquidity to exchange cryptocurrencies and fiat money without assistance from third-party exchanges. Although a similar idea of crypto to fiat exchange platform could be found in Loopring platform, QUOINE achieves its exclusive functionality by makes use of a number of Forex brokers and cryptocurrency exchanges.
Moreover, the company builds partnership ties with several banks to increase the fiat liquidity on the platform. QUOINE already has two platforms running: the Quoinex platform for crypto to fiat exchange and the Qryptos platform for crypto to crypto exchange.
QASH (read as cash) is a native token of LIQUID as well as Quoinex and Qryptos platforms (all products of QUOINE.) It is intended to link all the platforms being the fuel for operations on the systems. QASH is Ethereum-based token and can be stored in ERC20 compliant wallets. However, QUOINE might go for creating a separate blockchain for their token. There are 1B QASH minted with 35% of the total amount in circulation supply as of March 2018.