What is QASH coin? QASH is the native cryptocurrency of Quoine Liquid, an exchange and liquidity focused decentralized finance (DeFi) platform. Koindeks.com In this article, we have answered the questions asked by investors, such as what is Quoine Liquid, what is QASH, what is it for, how to buy QASH coin. Let’s examine together this crypto money, which has various use cases within the DeFi platform.
What is Quoine Liquid?
Quoine is a firm focusing on liquidity woes that are common in the Blockchain and DeFi space. Accordingly, the company works globally with the aim of solving DeFi’s liquidity problems. It also has a number of projects for this, including the Quoine Liquid platform. Quoine Liquid works as a cryptocurrency exchange that makes it possible to easily buy cryptocurrencies with fiat and convert crypto assets to fiat. This exchange brings liquidity to the cryptocurrency space by providing a set of tools at the same time.
Currently, each crypto exchange has liquidity levels that differ amid the trading pairs it offers. This creates individual resources that may have great liquidity in one exchange but not in another. The Liquid platform consolidates resources into a single unified pool to provide the highest possible liquidity. To do this, Quoine Liquid has created two main offerings, “World Book” and “Prime Brokerage”.
What is QASH?
QASH is a cryptocurrency running on this Quoine Liquid platform. Asset is the native cryptocurrency of the stock market and liquidity platform. It is built on the Ethereum Blockchain and uses the ERC-20 standard. However, Quoine aims to bring QASH to this network by creating its own Blockchain network in the future. Distributing 350 million QASH during the ICO, the company set a maximum supply of 1 billion units.
What does QASH coin do?
QASH coin stands out with a number of use cases within the Quoine Liquid ecosystem. First, users can pay for services with this cryptocurrency. However, token holders also gain access to a number of special benefits. Amidst these benefits are discounts, promotional items and Quoine’s ICO investment opportunities. The team behind the project also stated that QASH could work as a precedent for XRP in some financial institutions.
What is QASH? How to take QASH?
In this article, we answered the question “What is QASH”. So how can investors buy QASH? Currently, the cryptocurrency is listed on Gate.io, GOPAX and Liquid exchanges. Accordingly, investors who want to buy the token should be a member of one of these exchanges and follow the buying steps depending on the relevant parity.