Liquid Network: recently joined 14 institutions and gained new progress in the project

Block beat BlockBeats news, BlockStream today officialannouncedLiquid Network has added 14 new members: Bluefire Capital, BTCTrader/BtcTurk, Cobo, Coinut, DMM Bitcoin, FRNT Financial, gate. IO, Huobi, OpenNode, Poolin, Prycto, Sideshift AI, TaoTao and Tilde.

The Liquid network currently has members of 35 exchanges, trading desks and financial institutions, and more are expected in the future.

In addition to new members, leading Bitcoin Trading platform Bitfinex and digital asset lending management platform RenrenBit have also joined Liquid consolidation, joining The Rock Trading to offer Liquid Bitcoin (l-btc) deposits and withdrawals to customers.

& have spent More integration is also expected in the coming weeks.

Tether (USDT) and Stably (USDS) have revealed plans to launch their stable COINS on Liquid

BitMEX is working with Blockstream to support l-btc deposits and withdrawals, and as part of the pilot program, they are also Liquid members.

Cobo, Coinone, Coinut, GOPAX, and Huobi are all working on l-btc deposits and withdrawals on Liquid.

Poolin, the main cryptocurrency mining pool operator, will add an option for customers to withdraw mining expenses directly in l-btc and send them to an exchange account for faster clearing.

BnkToTheFuture is integrating Liquid into their wallet applications for l-btc and other asset support.

& have spent Super attraction for traders:

Narrowing spreads between exchanges: traders will be able to quickly circulate bitcoin and USDT across the exchange, taking advantage of pricing differences to reduce exchange spreads between major trading pairs.

Easier self-custody: faster trading will also allow traders to reliably hold their liquidity-based assets when they are not trading, thereby reducing counterparty risk.

Improved transaction privacy: unlike bitcoin and other public blockchains, liquid transactions are private by default, hiding the amount and type of assets traded from third parties. Traders with Liquid no longer have to worry about getting ahead of big trades.

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