On January 28, 2019, cryptocurrency traders and investors who were using the Liqui cryptocurrency exchange services received the official message stating that Liqui is no longer able to provide liquidity for the users which leads to shutting down the services.
Another factor underlined in Liqui trading services suspension was the current sluggish crypto-economical situation that has significantly changed in recent years. The document said:
“We also do not see any economic point in providing you with our services.”<…>Hence, we decided to close all accounts and stop providing our services. It broke our hearts to do that.”
Digital Assets Can Be Withdrawn Within 30 Days
According to the information shared by the Liqui team, users will be able to withdraw their Digital Assets through Liqui website within 30 days since today. After 30 days Liqui there will be no guarantee that Liqui will maintain its website.
To conclude, the Liqui team said:
“We do not know what else to say but say thank you for supporting the cryptocurrency community and your faith in us. We want to finish this message by the phrase of Marianne Williamson – “Every ending is a new beginning. Through the grace of God, we can always start again.”
From 200 BTC to 10 BTC Trading Volume
Coinsrates.live data shows that Liqui exchange 24 hours trading volume is only $41,340.05 (12.08 BTC). This exchange supported 41 cryptocurrencies and 118 market trading pairs. Liqui had its headquarter in Kiev, Ukraine.
Before shutting down the services they were dealing with 200 BTC average daily trading volume and 1000 BTC limit on savings accounts.