Liquid Connector

About Liquid

Liquid is a centralized exchange based in Tokyo, Japan launched by Quione in 2017. It also has offices in Singapore but is regulated and licensed by the Financial Services Agency of Japan. Over the past 12 months (as at May 2019) it has more than USD 50 billion in transactions on their exchanges.

Using the Connector

The connector is for Liquid based in Singapore (i.e. not for the local Japanese Liquid exchange). Because it is a centralized exchange, you will need to generate and provide your API key in order to trade using Hummingbot.

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Enter your Liquid API key >>>
Enter your Liquid secret key >>>

Private keys and API keys are stored locally for the operation of the Hummingbot client only. At no point will private or API keys be shared to CoinAlpha or be used in any way other than to authorize transactions required for the operation of Hummingbot.

Copying and pasting into Hummingbot

See this page for more instructions in our Support section.

Creating Liquid API keys

This article below in their website under API information shows step-by-step instructions on how to create API keys in Liquid exchange.

API key permissions

We recommend using only "trade" enabled API keys; enabling "withdraw", "transfer", or the equivalent is unnecessary for current Hummingbot strategies.

Miscellaneous Info

Exchange Status

Users can go to https://status.liquid.com/ to check the status of the exchange and review past or ongoing incidents.

Developers can query the current status using the API, see documentation in https://status.liquid.com/api/.

Minimum Order Sizes

There is no minimum order quantity for trading fiat currency. See this page for minimum order sizes on crypto trading pairs.

If the token or trading pair isn't listed in the article, you can also get this information through their public API.

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https://api.liquid.com/currencies

The minimum order size is the value next to minimum_order_quantity. For example, let's say you're trading ETH-BTC and ETH which is your base currency is not listed in the article above. Liquid's public API shows the minimum order size of ETH currency is 0.01.

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"currency_type": "crypto",
"currency": "ETH",
"symbol": "Ξ",
"assets_precision": 18,
"quoting_precision": 8,
"minimum_withdrawal": 0.02,
"withdrawal_fee": 0.0,
"minimum_fee": null,
"minimum_order_quantity": 0.01,
"display_precision": 5,
"depositable": true,
"withdrawable": true,
"discount_fee": 0.5,
"lendable": true,
"position_fundable": true,
"has_memo": false

Transaction Fees

In this blog post, Liquid announced their new fee structure that offers 0 trading fees on maker orders if a user's 30-day trading volume is less than $10,000 and 0.30% on taker. All users can get a 50% discount on trading fees if paid in QASH.

QASH is an ERC20 token designed to be used services on the Quione and Liquid platform. Effective April 1 2019, high-volume traders can also get rebates on trading fees.

Read through their articles below related to trading fees, and rebates.

Users can override the default fees. See Fee Overrides.