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What is liquidity?

What is liquidity?
Liquidity describes how easily you can convert something into money.

When the term is applied to money itself, it describes how easily you can exchange one type of money for another.

While gold is universally recognised, it is not a given that it can be exchanged for, say, euros just like that. After all, it is unlikely you could purchase a pair of trainers with a gold bar without some complications.

However, thanks to Voima's trading partners, top refineries and London trading houses and the digital features of Voima Account, you can exchange gold for euros and vice versa with little effort. All this ensures that your gold has 'deep liquidity'โ€”it is an extremely liquid asset.