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Blockchain & ICO

HOW CRYPTOCURRENCY ACHIEVE LIQUIDITY

by Impala Coin, from Impalacoin, on Aug 13
If you are wondering what makes crypto legit then this article is for you
Liquidity

Liquidity is the ability to convert an asset (in our case ImpalaCoin) into cash readily on demand.

The more an asset is bought or sold the more likely it is to gain liquidity

Liquid assets have no discounts and premiums.

Why we are confident of Impalacoins’ liquidity

IT WILL BE LISTED ON DIFFERENT MAJOR EXCHANGE PLATFORMS

ImpalaCoin will be released to the public to different exchanges and traders. Listing in more than one exchange platform will give more people an opportunity to trade. As frequency in trading the coin increases its volumes will also go up due to increased demand of the coin. Increased demand will motivate people in possession of the coin to want to make money by selling the coin this will then result to more buyers and sellers of ICN.

INCREASED CRYPTO AWARENESS

People are familiarizing with cryptocurrency and the interest is growing by day. Among these people are many prospective buyers, investors, traders of these digital coins. Limited knowledge and lack of clear guidelines by authorities was a limitation to enthusiasts till now. As cryptocurrencies gain popularity their acceptance is growing alongside, encouraging more people to learn about them. Now that people are aware of what it is and how it works they are registering on these platforms and creating liquidity

DEBIT AND CREDIT CARD AVAILABILITY

In addition to ATMs, debit and credit cards have been hitting the crypto world, it is now easy to carry out transactions as well as purchases. Crypto-to-cash payment cards and ATMs are a step forward as they will increase usability and acceptance of ICN. These will facilitate purchase and withdrawals at the market price and help to increase liquidity while at the same time maintaining security

USER APPROVAL

The increased acceptance of cryptocurrency as a means of payment is helping increase its usability along with reducing volatility and bringing more into crypto into circulation, this will in turn increase its liquidity. ImpalaCoin will have a stable price backed by float and can be used by customers to make payments, both within and outside Africa. An individual can save and transfer their assets without the risk of depreciating. Users will be able to convert cryptocurrencies and fiat money into Impalacoins and manage them via card/smartphone apps.

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