Japanese cryptocurrency trading company Liquid announced on Tuesday that it is launching a new mobile application.
Currently, the application – Liquid Pro – is available to download for iOS and Android mobile phones. For users in Liquid’s home country, there is a Japanese-only version of the application called Liquid Lite.
The new mobile application is aimed specifically at professional traders.
Users of the application can open and close margin trades, with up to 25:1 leverage, in a number of crypto/fiat currency pairs.
For the technical analysis experts, Liquid Pro offers a set of charting tools for mobile. The new trading app also has a number of indicators and other features for trade analysis.
According to Liquid, the new application was launched in response to customer demand.
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“Liquid Pro was developed based on feedback from a broad cross-section of professional traders, who helped us identify what would be most important for them to have in a crypto trading app,” said Mike Kayamori, Liquid’s chief executive officer.
“Our market research highlighted a need for pro traders to be able to more effectively, conveniently make trades and manage positions while away from a computer.”
Aside from trading tools, Liquid has also added a new security feature to its application.
The crypto trading firm said that it had added a biometric security measure that means a trader can unlock an account with their fingertips. Liquid already keeps client deposits in cold storage facilities.
Although the new application is likely to be welcomed by Liquid’s clients, the company is a little late to the professional game.
With the retail market drying up, crypto firms have been putting out professional products for months now in an effort to onboard institutional – or higher net worth – clients.