## So what is the liquidity ?

Companies need liquidity in order to pay their bills and meet their financial obligations. This includes paying employees, suppliers, rent, taxes, and other expenses. Without sufficient liquidity, a company may struggle to pay its bills on time, which can lead to financial problems and even bankruptcy.

Having sufficient liquidity is especially important for companies that operate in industries with a high level of uncertainty or volatility, as they may need to be able to access cash quickly in order to respond to changing market conditions or unexpected events. For example, a company that operates in the retail sector may need to have a high level of liquidity in order to be able to respond to changes in consumer demand or supply chain disruptions.

In addition to helping a company meet its financial obligations, liquidity can also help to improve investor confidence and support the value of a company's stock. Companies that have a high level of liquidity are generally seen as being financially healthy and stable, which can make them more attractive to investors.

Overall, having sufficient liquidity is essential for the smooth operation and financial health of a company. It allows a company to meet its financial obligations, respond to changing market conditions, and improve investor confidence, which can support the value of the company and its stock.

![Man wondering about money](https://res.cloudinary.com/dy07rxvhu/image/upload/v1673194039/public/blog/9c6b2bb6-d988-4e3b-96ba-3f76447a5d6c_jbbsev.png)

## C﻿an we have liquidity as crypto ?

Yes, it is possible to have liquidity as a cryptocurrency or digital asset. In fact, liquidity is an important consideration for investors and traders in the cryptocurrency market, as it can affect the value and usability of a particular crypto-asset.

Crypto-asset liquidity refers to the ability to buy or sell a particular cryptocurrency or digital asset in a timely manner and at a reasonable price. A crypto-asset with good liquidity should be relatively easy to buy or sell, and the price should be stable. On the other hand, a crypto-asset with low liquidity may be more difficult to buy or sell, and the price may be more volatile.

There are several factors that can influence the liquidity of a particular crypto-asset, including the volume of trades being conducted on a particular exchange or platform, the number of exchanges or platforms that the asset is listed on, and the overall market demand for the asset. In general, crypto-assets with high liquidity are more attractive to investors and traders, as they are easier to buy and sell and have more stable prices.

Overall, liquidity is an important consideration for investors and traders in the cryptocurrency market, as it can impact the value and usability of a particular crypto-asset. Understanding the factors that influence liquidity can help investors make informed decisions about which crypto-assets to buy or sell, and how to manage their portfolios.

## I﻿s crypto a better liquidity asset than traditional money ?

The liquidity of traditional money (such as fiat currency) and cryptocurrency can vary depending on a number of factors. In general, traditional fiat currencies tend to have higher liquidity than cryptocurrencies, as they are more widely accepted and more stable in value.

One of the main factors that affects the liquidity of a particular asset is the volume of trades being conducted. Traditional fiat currencies, such as the US dollar or the euro, tend to have high liquidity due to the high volume of trades being conducted in these currencies. This is because they are widely accepted as a form of payment and are used in a large number of transactions around the world.

In contrast, many cryptocurrencies have relatively low liquidity compared to traditional fiat currencies. This is because they are not as widely accepted as a form of payment and tend to have a more volatile value. As a result, it may be more difficult to buy or sell certain cryptocurrencies, and the prices may be more volatile.

Another factor that can affect the liquidity of an asset is the number of exchanges or platforms that it is listed on. Traditional fiat currencies are typically listed on a large number of exchanges and platforms, which increases their liquidity. In contrast, many cryptocurrencies are only listed on a limited number of exchanges, which can lower their liquidity.

Overall, while both traditional fiat currencies and cryptocurrencies can have liquidity, traditional fiat currencies tend to have higher liquidity due to their wide acceptance and stable value. However, the liquidity of both types of assets can vary depending on a number of factors, and it is important to consider these factors when evaluating the liquidity of a particular asset.

![Men with traditional fiat money](https://res.cloudinary.com/dy07rxvhu/image/upload/v1673194359/public/blog/893fc27f-2263-4849-8256-a4e2c7146910_uhaqm5.png)

## Should we throw fiat currency and only use crypto ?

It is not necessarily advisable to throw out fiat currency and only use cryptocurrency. While cryptocurrencies have some unique features and benefits, they also have some limitations and risks that should be considered.

One of the main limitations of cryptocurrencies is that they are not widely accepted as a form of payment. While some merchants and online retailers do accept certain cryptocurrencies, most merchants and service providers still accept only traditional fiat currencies. This can make it difficult to use cryptocurrencies for everyday transactions and expenses.

Cryptocurrencies also tend to be more volatile in value compared to traditional fiat currencies. The value of a particular cryptocurrency can fluctuate significantly over a short period of time, which can make it difficult to predict and plan for. This can make it risky to use cryptocurrencies as a primary form of currency, as the value of your assets could potentially drop significantly in a short period of time.

In addition to these limitations, cryptocurrencies also carry other risks, such as the risk of cyber attacks, fraud, and loss of access to your assets. It is important to carefully consider these risks and limitations when deciding whether to use cryptocurrencies as a primary form of currency.

Overall, while cryptocurrencies have some unique features and benefits, it is not necessarily advisable to throw out fiat currency and only use cryptocurrency. It may be more practical to use a combination of both traditional fiat currency and cryptocurrency, depending on your specific needs and circumstances.

## C﻿onclusion

T﻿he best you can do is use a combination of fiat and crypto currency, but keep in mind that you must do your own research on the subject and consult an expert if necessary.


This article covers the concept of liquidity, its importance for companies, and how it applies to the cryptocurrency market. It also compares the liquidity of traditional fiat currency to cryptocurrencies and discusses the risks and limitations of using cryptocurrency as a primary form of currency.

Should you use crypto-assets as part of your liquidity strategy ?

# The role of cryptocurrencies in financial inclusion:

## 1)Impact of cryptocurrencies on financial inclusion and how they are being used to provide financial services to individuals and businesses in developing countries who may have limited access to traditional banking services

Cryptocurrencies are revolutionizing the financial industry and offering new possibilities for financial inclusion. In developing countries, where traditional banking services are often limited, cryptocurrencies have the potential to provide financial services to individuals and businesses who are otherwise excluded from the financial system. By using cryptocurrencies, people can make transactions at low costs and without the need for a traditional bank account. However, the adoption of cryptocurrencies in developing countries is not without its challenges, such as regulatory uncertainty and limited access to technology. We will explore the role of cryptocurrencies in financial inclusion, analyzing the opportunities and challenges they present. We will also examine the impact of cryptocurrencies on financial inclusion and the ways in which they are being used to provide financial services such as remittances, micropayments, and peer-to-peer lending. By understanding the potential of cryptocurrencies in promoting financial inclusion, we can identify ways to leverage this technology to benefit those who need it the most. Whether you're interested in cryptocurrencies or financial inclusion, this post has something for you. So, let's dive in and explore how cryptocurrencies can be a game-changer for financial inclusion in developing countries!

![An image of a group of people in a developing country receiving remittances via cryptocurrencies. This could illustrate how cryptocurrencies are being used to provide a low-cost and efficient alternative to traditional remittance services.](https://res.cloudinary.com/dy07rxvhu/image/upload/v1676531701/public/blog/The%20role%20of%20cryptocurrencies%20in%20financial%20inclusion/DALL_E_2023-02-16_08.09.39_-_An_image_of_a_group_of_people_in_a_developing_country_receiving_remittances_via_cryptocurrencies._This_could_illustrate_how_cryptocurrencies_are_being_hnjav6.png)

## 2) The Need for Financial Inclusion in Developing Countries

The need for financial inclusion is a global issue, and it is especially important in developing countries. According to the World Bank, more than half of the world's unbanked population lives in Asia, while Sub-Saharan Africa has the lowest financial inclusion rates globally. In many developing countries, traditional banking services are often limited, and people face significant challenges in accessing financial services, such as high fees and lack of infrastructure. This limits their ability to save, invest, and participate in the formal economy. By promoting financial inclusion in these regions, we can help people access formal financial services, which can have a transformative effect on their lives, and also promote economic growth and reduce poverty. Cryptocurrencies have emerged as a potential solution to the problem of financial exclusion in these regions, and they offer new possibilities for financial inclusion that were previously unavailable.

## 3) Cryptocurrencies and Financial Inclusion: Opportunities and Challenge

Cryptocurrencies have the potential to offer several opportunities for financial inclusion in developing countries. Firstly, cryptocurrencies are decentralized, which means that they can be used without the need for a centralized authority, such as a bank. This makes them particularly attractive to those who have limited access to traditional banking services, and who are unable to open a bank account. Secondly, cryptocurrencies offer lower transaction costs compared to traditional banking services, which can be particularly beneficial for remittances and micropayments. Additionally, cryptocurrencies can facilitate access to credit and financial services, which can help people start and grow businesses, and improve their financial well-being. However, the adoption of cryptocurrencies in developing countries also presents several challenges. The lack of infrastructure and regulatory uncertainty can make it difficult for people to access and use cryptocurrencies, and the volatility of cryptocurrencies can also pose a risk to users. Therefore, it is crucial to examine the opportunities and challenges presented by cryptocurrencies in promoting financial inclusion in developing countries, and to identify ways to address the challenges that arise.

![an image of people connected all over the world](https://res.cloudinary.com/dy07rxvhu/image/upload/v1676531998/public/blog/The%20role%20of%20cryptocurrencies%20in%20financial%20inclusion/DALL_E_2023-02-16_08.19.12_is73mq.png)

## 4  Use Cases of Cryptocurrencies in Providing Financial Services to the Unbanked

Cryptocurrencies are being used in a variety of ways to provide financial services to the unbanked and underbanked populations in developing countries. One of the most significant use cases of cryptocurrencies in financial inclusion is for cross-border remittances. Cryptocurrencies such as Bitcoin and Ripple can be used to send and receive remittances at a fraction of the cost of traditional remittance services. Another use case of cryptocurrencies is in peer-to-peer lending, which can help people access credit even if they do not have a credit history. Moreover, cryptocurrencies are being used to facilitate micropayments and to enable people to make purchases without the need for a traditional bank account. Additionally, cryptocurrencies are being used to create digital identities that can be used to access financial services, which can be particularly beneficial for people who do not have a government-issued ID. These are just a few examples of the use cases of cryptocurrencies in promoting financial inclusion in developing countries, and as the adoption of cryptocurrencies increases, we can expect to see more innovative use cases emerge.

## 5) Impact of Cryptocurrencies on Financial Inclusion: A Critical Analysis

The impact of cryptocurrencies on financial inclusion is a topic of ongoing debate, and it is essential to critically analyze the potential benefits and drawbacks of their use. On the one hand, cryptocurrencies offer new possibilities for financial inclusion, particularly in regions where traditional banking services are limited. They offer a fast, secure, and affordable way to access financial services, and they can help people start and grow businesses, invest in education, and improve their financial well-being. However, the adoption of cryptocurrencies in developing countries also presents several challenges. For example, the lack of regulatory frameworks and infrastructure can make it difficult for people to access and use cryptocurrencies, and the volatility of cryptocurrencies can pose a risk to users. Additionally, the use of cryptocurrencies in illicit activities such as money laundering and terrorism financing has raised concerns about their potential negative impact on the global financial system. Therefore, it is important to critically analyze the impact of cryptocurrencies on financial inclusion and to identify ways to address the challenges associated with their use.

## 6) Future of Cryptocurrencies in Financial Inclusion: Possibilities and Limitations

The future of cryptocurrencies in financial inclusion is promising, but there are also limitations that need to be considered. Cryptocurrencies have the potential to be a game-changer in promoting financial inclusion, particularly in regions where traditional banking services are limited. They offer a fast, secure, and affordable way to access financial services, and they can help people start and grow businesses, invest in education, and improve their financial well-being. As more people in developing countries gain access to smartphones and the internet, the potential for cryptocurrencies to expand their reach and impact will only continue to grow. However, there are also limitations that need to be considered. The lack of infrastructure, regulatory frameworks, and technical expertise can make it difficult for people to access and use cryptocurrencies, and the volatility of cryptocurrencies can pose a risk to users. Moreover, the need for reliable internet connectivity and the potential for digital divides may limit the impact of cryptocurrencies on financial inclusion in some regions. Despite these challenges, the possibilities for cryptocurrencies in promoting financial inclusion are significant, and we can expect to see continued innovation in this space in the coming years.


This blog article explores the impact of cryptocurrencies on financial inclusion and how they are being used to provide financial services to individuals and businesses in developing countries who may have limited access to traditional banking services. We analyze the opportunities and challenges presented by cryptocurrencies in promoting financial inclusion, such as lower transaction costs, access to credit, and digital identities. However, we also examine the risks associated with cryptocurrencies, including regulatory uncertainty and volatility. By understanding the potential and limitations of cryptocurrencies, we can identify ways to leverage this technology to benefit those who need it the most, promoting economic growth and reducing poverty in developing countries.

The Role of Cryptocurrencies in Financial Inclusion: Opportunities and Challenges

Hi there!

Binance is one of the most popular cryptocurrency platforms in the world. If you're an active trader on Binance, you probably know how tedious it can be to keep track of all your transactions and maintain a record of your wallets. But don't worry, we're here to explain how you can display your Binance wallets and transactions directly in Excel for easier and more efficient tracking.

## Introducing... LinkyFlow! Connect wallets from the comfort of Excel

The first step to displaying your Binance wallets in Excel is to activate the "LinkyFlow - Bank & Crypto tools" plugin, which you can find on the Excel marketplace <https://appsource.microsoft.com/en-us/marketplace/apps?product=excel>

![Plugin linkyflow](https://res.cloudinary.com/dy07rxvhu/image/upload/v1687092982/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/Untitled_u3wmrr.png)

By clicking on Login, you can connect to LinkyFlow via a Google or Discord account, which allows you to connect Binance through the LinkyFlow platform, while ensuring the security of your access through these trusted third parties ;)

![Login popup with google and discord](https://res.cloudinary.com/dy07rxvhu/image/upload/v1687092995/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/Untitled_1_ysoe7e.png)

## How to Connect to Binance via Api Key?

Once connected, you will be presented with a screen on which to enter the API key and secret key. It is the equivalent of a Binance login/password that is specifically created so that an external application (here LinkyFlow) can connect to Binance.

It also allows you to restrict rights!! Here, we will start by creating a read-only key, which will not be able to perform any operations. In a future version, we will also be able to perform operations on our wallets from Excel :)

## Create a Binance key

To create the key, a Binance article describes how to do it: [](https://www.binance.com/fr/support/faq/comment-cr%C3%A9er-des-cl%C3%A9s-api-sur-binance-360002502072)[https://www.binance.com/fr/support/faq/comment-créer-des-clés-api-sur-binance-360002502072](https://www.binance.com/fr/support/faq/comment-cr%C3%A9er-des-cl%C3%A9s-api-sur-binance-360002502072)

In summary, you need to log in to your account <https://www.binance.com/fr/my/settings/api-management>, then navigate to "Api Management".

![Binance menu with gestion api](https://res.cloudinary.com/dy07rxvhu/image/upload/v1687093007/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/Untitled_3_hdv7dp.png)

Then "Create API" in the upper right corner.

![Bouton pour créer une api](https://res.cloudinary.com/dy07rxvhu/image/upload/v1687093017/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/Untitled_4_ntgqzo.png)

We have 2 choices: system-generated or self-generated, the simplest is to take the system-generated one.

![2 choix : généré par systeme ou auto généré](https://res.cloudinary.com/dy07rxvhu/image/upload/v1687093021/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/Untitled_5_evqd00.png)

We fill in the name and validate. Simple, isn't it?

The key is now created, with API Key and Secret Key. 2 important points:

* The secret key is your password, keep it aside and never share it with anyone
* Keep the API restrictions to "Allow Read". This limits access to read-only and **does not authorize operations on the account.** So no risk of unexpected transfers.

![Résultat de la génération de clé](https://res.cloudinary.com/dy07rxvhu/image/upload/v1687093028/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/Untitled_6_v99btv.png)

## Enter the key on the LinkyFlow add-in

In Excel, you now need to enter the API key and secret key.

* Binance API Key goes into "API Key"
* Binance Secret Key goes into "Secret Key"

Be careful not to paste spaces before/after :)

Then click on "Save".

![Add-in excel avec clé remplie](https://res.cloudinary.com/dy07rxvhu/image/upload/v1702199272/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/apikey_binance_wc1pam.png)

# Synchronize your Binance wallets & transactions

Now that the Binance key is saved, you can click on "Refresh". This operation will synchronize your Binance operations with Excel.

![Add-in synchronise les wallets et transactions Binance](https://res.cloudinary.com/dy07rxvhu/image/upload/v1702199390/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/dashboard_param_b8spot.png)

The operation can take several minutes, this is due to Binance which greatly restricts calls to its platform and forces us to smooth out calls over time to avoid being blacklisted...

# Display my Binance wallets & transactions

Once the synchronization is complete, you can click on "Load".

This will retrieve my wallets and their balance on Binance and display them on Excel.

![Liste des wallets insérés dans excel](https://res.cloudinary.com/dy07rxvhu/image/upload/v1702199620/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/dashboard_filled_sxy4wn.png)

I can also directly access Binance endpoints.

![My balances from binance endpoint](https://res.cloudinary.com/dy07rxvhu/image/upload/v1702199759/public/blog/Comment%20afficher%20ses%20wallets%20transactions%20Binance%20directement%20depuis%20Excel/call_mybalance_qfjpfg.png)

# Conclusion

By using LinkyFlow, it's easy to connect your Binance wallets to Excel for easier and more efficient tracking of your transactions. By following the simple steps outlined in this article, you can synchronize your Binance wallets and transactions directly in Excel, allowing you to better understand your investments and make more informed trading decisions. Don't hesitate to try this method to optimize your trading experience on Binance.

The article explains how to connect Binance wallets and transactions to Excel using "LinkyFlow - Bank & Crypto tools" for easier and more efficient tracking.

How to display wallets & transactions Binance directly from excel

Hi there!

In the fast-paced world of cryptocurrency trading, staying ahead of the game means having access to real-time data from multiple exchanges. Price discrepancies between exchanges can offer lucrative arbitrage opportunities, but only if you can identify and act on them quickly. Today, we'll explore how to use a SaaS tool to monitor prices across various exchanges and take advantage of these discrepancies.

## Understanding Arbitrage in Cryptocurrency Trading

Arbitrage involves buying an asset on one platform where the price is lower and selling it on another where the price is higher, thus making a profit from the difference. In cryptocurrency markets, where prices can vary significantly between exchanges, arbitrage opportunities are quite common. However, successfully executing arbitrage requires real-time data and quick action.

## Introducing the SaaS Tool for Crypto Price Monitoring

Our SaaS tool simplifies the process of tracking and comparing cryptocurrency prices across multiple exchanges. With just a few clicks, you can set up a dashboard to monitor a specific cryptocurrency symbol (e.g., BTC/USDT) across various providers like Binance, Coinbase, and Upbit.

### Step-by-Step Guide to Setting Up Your Price Monitoring Dashboard

Let's walk through the process of setting up a page to display prices for one cryptocurrency symbol across different exchanges.

### Step 1: Select the Cryptocurrency Symbol

First, you'll need to select the cryptocurrency symbol you want to monitor. In our example, we'll use BTC/USDT. You can choose from other symbols like ETH/BTC or ETH/USDT if you prefer.

![Selecting the cryptocurrency symbol](https://res.cloudinary.com/dy07rxvhu/image/upload/v1719207450/public/blog/4-leveraging-price-discrepancies-for-arbitrage/select_crypto_btc-usdt_gjwyfj.png)

### Step 2: Set the Limit of Records to Retrieve

Next, specify the limit on the number of records you want to retrieve. This limit determines how many ask and bid prices will be displayed from each exchange. For our example, we set the limit to 2.

### Step 3: Choose the Exchanges to Monitor

Select the exchanges you want to include in your comparison. Our tool supports numerous exchanges, including Binance, Upbit, and Coinbase. Simply click on the exchanges you want to add to your monitoring list.

![Selecting exchanges](https://res.cloudinary.com/dy07rxvhu/image/upload/v1719207450/public/blog/4-leveraging-price-discrepancies-for-arbitrage/select_crypto_exchange_zkonaq.png)

### Step 4: Construct the Dashboard

After selecting the symbol, limit, and exchanges, click the "Construct" button to build your dashboard. The tool will fetch real-time price data from the selected exchanges and display it in a tabular format.

### Step 5: Analyze the Data

Your dashboard will display a table with the latest ask and bid prices from each exchange. You can quickly spot price discrepancies that might present arbitrage opportunities. Here’s an example of what the data might look like:

![Example dashboard with price data](https://res.cloudinary.com/dy07rxvhu/image/upload/v1719207145/public/blog/4-leveraging-price-discrepancies-for-arbitrage/Dashboard_crypto_exchange_binance_coinbase_btc-usdt.png)

In this example, you can see the ask and bid prices for BTC/USDT from Binance, Upbit, and Coinbase. The comparison column shows the price differences between the exchanges, highlighting potential arbitrage opportunities.

## Taking Advantage of Price Discrepancies

Now that you have the data, it's time to act. Here's how you can leverage these price discrepancies for arbitrage:

1. **Identify the Opportunity**: Look for significant price differences between the ask price on one exchange and the bid price on another.
2. **Calculate Potential Profit**: Subtract the higher bid price from the lower ask price to determine your potential profit. Don’t forget to account for transaction fees and any withdrawal or deposit limits on the exchanges.
3. **Execute the Trade**: Buy the cryptocurrency on the exchange with the lower ask price and sell it on the exchange with the higher bid price. Ensure that you can complete both transactions quickly to lock in the price difference.
4. **Monitor and Repeat**: Keep an eye on your dashboard for new opportunities. The cryptocurrency market is volatile, and prices can change rapidly, so staying vigilant is key.

### Example Arbitrage Scenario

Let's walk through a hypothetical example based on the data from our dashboard.

* **Binance Ask Price**: $62,734.01 - **Upbit Bid Price**: $63,269.888

The price difference here is $63,269.888 - $62,734.01 = $535.878. If transaction fees and other costs are lower than this difference, executing this arbitrage trade could yield a profit.

## Tips for Successful Arbitrage Trading

1. **Stay Informed**: Keep yourself updated with the latest market trends and news that might affect cryptocurrency prices.
2. **Manage Risks**: Cryptocurrency trading is inherently risky. Only invest what you can afford to lose and consider using stop-loss orders to manage potential losses.
3. **Diversify**: Don’t put all your funds into one trade or one type of arbitrage. Diversifying your trades can help spread risk.
4. **Use Reliable Tools**: Ensure that the tools and platforms you use for trading are reliable and secure. Our SaaS tool provides real-time data, which is crucial for successful arbitrage.
5. **Be Quick**: Arbitrage opportunities can disappear quickly as other traders act on them. Speed is of the essence in this strategy.

## Conclusion

Leveraging price discrepancies across cryptocurrency exchanges like Binance, Coinbase, and Upbit can be a profitable strategy when executed correctly. Our SaaS tool provides the real-time data you need to identify these opportunities and act on them quickly. By following the steps outlined in this article, you can set up a powerful monitoring dashboard to help you stay ahead in the crypto trading game.

Happy trading!

This article explores how to use a SaaS tool to find price discrepancies across multiple cryptocurrency exchanges like Binance, Coinbase, and Upbit and leverage them for arbitrage opportunities.

Blog

Should you use crypto-assets as part of your liquidity strategy ?

The Role of Cryptocurrencies in Financial Inclusion: Opportunities and Challenges

How to display wallets & transactions Binance directly from excel

How to Leverage Price Discrepancies Across Crypto Exchanges for Arbitrage Opportunities