Livecoin Assessment 2019
Livecoin is a Bitcoin and altcoin trade platform that offers many foreign money pairs, together with trading altcoins for FIAT currency.
The change was founded in 2013, by DELTA E-COMMERCE LTD from London, UK. Their servers are primarily based in Metairie, Louisiana, US.
The exchange doesn’t have a specified market they goal on the world map, nevertheless it seems they're focused on altcoin traders and offer many features for Russians.
There’s even a video for beginners in Russian.
The verification process isn’t explained on the website, however it’s talked about on the Bitcointalk forum by the Livecoin personnel.
Apparently, the verification is only needed for the users who plan to make use of bank transfers for placing the deposit. The verification process just isn't presented publically, and all customers who want to confirm their account are directed to the contact page.
There are not any trading limits tied to the verification.
The exchange supports the next FIAT currencies:
US dollar
EUR
Russian Ruble
When it comes to digital currencies, there’s an enormous number of supported altcoins. The whole list of supported cash is available on the website.
LiveCoin Charge Schedule
Livecoin utilizes a maker/taker price model with aggressive charges for takers and bonuses for makers with a sliding scale depending on the month-to-month trade volume.
This implies that every time user places a suggestion onto the trade order book for different users to take up, it receives a commission a bonus instead of paying trading fees. This mannequin encourages users to truly present liquidity instead of taking liquidity from the order book by accepting the affords from different users.
The bonuses range from 0.01 percent to 0.1 % on each trade customers make, and previous trading quantity determines them.
In terms of taker fees, the change has very competitive payment model.
For volumes under 2,000 US dollars – 0.20 percent charge of the amount traded applies.
As the month-to-month volume increases, the fees share drop. Finally, for volumes above 300,001 US dollars, the fee reaches the minimal of 0.01 percent of the quantity traded.
Deposit and withdrawal charges
Livecoin deposits and withdrawals in cryptocurrencies are free of charge. When it comes to withdrawals in digital currencies, only minimal network charges apply.
FIAT foreign money deposits carry the next fees:
Payeer – 7.5 %
PerfectMoney – 5.5 percent
OkPay – 1 %
Wire Transfer (SWIFT) – 50 USD or 10 EUR
BTC-E vouchers – 2.5 % in USD and RUR, 5 % in EUR
FIAT foreign money withdrawal charges are a bit decrease:
Payeer – 1 p.c
PerfectMoney – 1 % with a minimum of 1 US dollar
OkPay – 2.25 p.c with a minimum of 0.1 US dollar
Wire Switch (SWIFT) – 1.5 % + 9 US dollars or just 15 EUR
Capitalist.net – Freed from cost
Capitalist.net card – 0.ninety nine US dollars or EUR
The whole payment schedule, as well as withdrawal and order limits, might be discovered here.
Livecoin.net Trading Analysis
Trading on Livecoin is easy, and the change provides some nice features. There are just a few types of orders:
Customary market order
Limit order
Pending order
The first two are standard orders on the vast majority of exchanges, but the third one is the place Livecoin shines. Pending orders are orders which are automatically triggered when the value hits a certain degree specified by the trader. This can be very helpful in markets the place many opponents are attempting to be on top of the order book or in cases the place the person might affect the market by placing a big order. Pending order helps to avoid the disturbance of the market by hiding affords from the books which everybody can see.
One of the best things about this exchange is their altcoin and FIAT currency pairs. Having this option makes things loads easier and makes calculating profit and loss less troublesome. It additionally removes a layer of unnecessary bills because of paying units of fees instead of just one. That’s because on the vast majority of the trading platform users must trade FIAT for Bitcoin after which Bitcoin for different coins. There aren't any FIAT/altcoin trading pairs. This feature makes Livecoin notably attractive.
Ease of Use
The interface is properly designed and relatively simple to use. Everything is just a click away, and switch between the markets is quicker than on the opposite exchanges.
The company doesn’t have apps for Android and iOS yet, but the website is responsive, and it appears to be like good on mobile devices.
It seems beautiful – it’s simple to use, and it’s load time is impressive.
Help
The help team from Livecoin.net is very skilled and friendly. The types of assist offered are 24/7 chat and e mail support. The alternate has a type of distant FAQ page on Bitcointalk forum, which is kind of extensive and a terrific place to ask any questions.
Consumer Experience
There aren't a single grievance in regards to the exchange on the Web in the intervening time of the writing of this review.
Security
The website offers two-factor authentication and PIN code as well as SMS and electronic mail notifications. There isn't a details about the encryption of the emails or cold storage of the coins.
There were no hacking assaults so far, that means that this is a safe place for Bitcoins as well as altcoins.
The change was founded in 2013, by DELTA E-COMMERCE LTD from London, UK. Their servers are primarily based in Metairie, Louisiana, US.
The exchange doesn’t have a specified market they goal on the world map, nevertheless it seems they're focused on altcoin traders and offer many features for Russians.
There’s even a video for beginners in Russian.
The verification process isn’t explained on the website, however it’s talked about on the Bitcointalk forum by the Livecoin personnel.
Apparently, the verification is only needed for the users who plan to make use of bank transfers for placing the deposit. The verification process just isn't presented publically, and all customers who want to confirm their account are directed to the contact page.
There are not any trading limits tied to the verification.
The exchange supports the next FIAT currencies:
US dollar
EUR
Russian Ruble
When it comes to digital currencies, there’s an enormous number of supported altcoins. The whole list of supported cash is available on the website.
LiveCoin Charge Schedule
Livecoin utilizes a maker/taker price model with aggressive charges for takers and bonuses for makers with a sliding scale depending on the month-to-month trade volume.
This implies that every time user places a suggestion onto the trade order book for different users to take up, it receives a commission a bonus instead of paying trading fees. This mannequin encourages users to truly present liquidity instead of taking liquidity from the order book by accepting the affords from different users.
The bonuses range from 0.01 percent to 0.1 % on each trade customers make, and previous trading quantity determines them.
In terms of taker fees, the change has very competitive payment model.
For volumes under 2,000 US dollars – 0.20 percent charge of the amount traded applies.
As the month-to-month volume increases, the fees share drop. Finally, for volumes above 300,001 US dollars, the fee reaches the minimal of 0.01 percent of the quantity traded.
Deposit and withdrawal charges
Livecoin deposits and withdrawals in cryptocurrencies are free of charge. When it comes to withdrawals in digital currencies, only minimal network charges apply.
FIAT foreign money deposits carry the next fees:
Payeer – 7.5 %
PerfectMoney – 5.5 percent
OkPay – 1 %
Wire Transfer (SWIFT) – 50 USD or 10 EUR
BTC-E vouchers – 2.5 % in USD and RUR, 5 % in EUR
FIAT foreign money withdrawal charges are a bit decrease:
Payeer – 1 p.c
PerfectMoney – 1 % with a minimum of 1 US dollar
OkPay – 2.25 p.c with a minimum of 0.1 US dollar
Wire Switch (SWIFT) – 1.5 % + 9 US dollars or just 15 EUR
Capitalist.net – Freed from cost
Capitalist.net card – 0.ninety nine US dollars or EUR
The whole payment schedule, as well as withdrawal and order limits, might be discovered here.
Livecoin.net Trading Analysis
Trading on Livecoin is easy, and the change provides some nice features. There are just a few types of orders:
Customary market order
Limit order
Pending order
The first two are standard orders on the vast majority of exchanges, but the third one is the place Livecoin shines. Pending orders are orders which are automatically triggered when the value hits a certain degree specified by the trader. This can be very helpful in markets the place many opponents are attempting to be on top of the order book or in cases the place the person might affect the market by placing a big order. Pending order helps to avoid the disturbance of the market by hiding affords from the books which everybody can see.
One of the best things about this exchange is their altcoin and FIAT currency pairs. Having this option makes things loads easier and makes calculating profit and loss less troublesome. It additionally removes a layer of unnecessary bills because of paying units of fees instead of just one. That’s because on the vast majority of the trading platform users must trade FIAT for Bitcoin after which Bitcoin for different coins. There aren't any FIAT/altcoin trading pairs. This feature makes Livecoin notably attractive.
Ease of Use
The interface is properly designed and relatively simple to use. Everything is just a click away, and switch between the markets is quicker than on the opposite exchanges.
The company doesn’t have apps for Android and iOS yet, but the website is responsive, and it appears to be like good on mobile devices.
It seems beautiful – it’s simple to use, and it’s load time is impressive.
Help
The help team from Livecoin.net is very skilled and friendly. The types of assist offered are 24/7 chat and e mail support. The alternate has a type of distant FAQ page on Bitcointalk forum, which is kind of extensive and a terrific place to ask any questions.
Consumer Experience
There aren't a single grievance in regards to the exchange on the Web in the intervening time of the writing of this review.
Security
The website offers two-factor authentication and PIN code as well as SMS and electronic mail notifications. There isn't a details about the encryption of the emails or cold storage of the coins.
There were no hacking assaults so far, that means that this is a safe place for Bitcoins as well as altcoins.