Livecoin Evaluate 2019
Livecoin is a Bitcoin and altcoin alternate platform that provides many currency pairs, including trading altcoins for FIAT currency.
The change was based in 2013, by DELTA E-COMMERCE LTD from London, UK. Their servers are primarily based in Metairie, Louisiana, US.
The trade doesn’t have a specified market they purpose at the world map, but it surely appears they are centered on altcoin traders and supply many options for Russians.
There’s even a video for novices in Russian.
The verification process isn’t explained on the website, but it surely’s talked about on the Bitcointalk forum by the Livecoin personnel.
Apparently, the verification is only wanted for the customers who plan to make use of bank transfers for placing the deposit. The verification process will not be presented publically, and all customers who are looking to confirm their account are directed to the contact page.
There are no trading limits tied to the verification.
The trade helps the following FIAT currencies:
US dollar
EUR
Russian Ruble
On the subject of digital currencies, there’s a huge number of supported altcoins. The whole list of supported cash is available on the website.
LiveCoin Payment Schedule
Livecoin utilizes a maker/taker payment mannequin with competitive fees for takers and bonuses for makers with a sliding scale depending on the month-to-month trade volume.
This signifies that each time user places a suggestion onto the trade order book for different customers to take up, it get paid a bonus instead of paying trading fees. This mannequin encourages users to really provide liquidity instead of taking liquidity from the order book by accepting the presents from other users.
The bonuses range from 0.01 p.c to 0.1 percent on each trade users make, and past trading quantity determines them.
With regards to taker fees, the alternate has very competitive fee model.
For volumes beneath 2,000 US dollars – 0.20 % charge of the quantity traded applies.
As the monthly quantity will increase, the fees percentage drop. Finally, for volumes above 300,001 US dollars, the payment reaches the minimal of 0.01 p.c of the quantity traded.
Deposit and withdrawal fees
Livecoin deposits and withdrawals in cryptocurrencies are freed from charge. When it comes to withdrawals in digital currencies, only minimal network fees apply.
FIAT foreign money deposits carry the next fees:
Payeer – 7.5 %
PerfectMoney – 5.5 %
OkPay – 1 p.c
Wire Transfer (SWIFT) – 50 USD or 10 EUR
BTC-E vouchers – 2.5 percent in USD and RUR, 5 % in EUR
FIAT forex withdrawal fees are a bit lower:
Payeer – 1 percent
PerfectMoney – 1 percent with a minimal of 1 US dollar
OkPay – 2.25 p.c with a minimum of 0.1 US greenback
Wire Switch (SWIFT) – 1.5 p.c + 9 US dollars or just 15 EUR
Capitalist.net – Freed from cost
Capitalist.net card – 0.ninety nine US dollars or EUR
The complete charge schedule, as well as withdrawal and order limits, may be discovered here.
Livecoin.net Trading Evaluation
Trading on Livecoin is straightforward, and the exchange affords some good features. There are a couple of types of orders:
Standard market order
Limit order
Pending order
The first two are standard orders on nearly all of exchanges, but the third one is the place Livecoin shines. Pending orders are orders which are automatically triggered when the worth hits a sure stage specified by the trader. This will be very helpful in markets where many competitors are attempting to be on high of the order book or in cases the place the user may affect the market by inserting a large order. Pending order helps to avoid the disturbance of the market by hiding offers from the books which everybody can see.
The most effective things about this change is their altcoin and FIAT forex pairs. Having this option makes things a lot easier and makes calculating profit and loss less troublesome. It additionally removes a layer of unnecessary expenses because of paying two units of fees instead of just one. That’s because on nearly all of the trading platform customers have to trade FIAT for Bitcoin and then Bitcoin for different coins. There aren't any FIAT/altcoin trading pairs. This function makes Livecoin significantly attractive.
Ease of Use
The interface is nicely designed and comparatively simple to use. Everything is just a click on away, and swap between the markets is quicker than on the opposite exchanges.
The company doesn’t have apps for Android and iOS but, however the website is responsive, and it appears good on mobile devices.
It looks beautiful – it’s straightforward to make use of, and it’s load time is impressive.
Assist
The assist staff 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 quite in depth and an excellent place to ask any questions.
User Expertise
There are not a single complaint concerning the trade on the Web in the mean time of the writing of this review.
Security
The website affords two-factor authentication and PIN code as well as SMS and e mail notifications. There is no such thing as a details about the encryption of the emails or cold storage of the coins.
There were no hacking attacks so far, which means that this is a safe place for Bitcoins as well as altcoins.
The change was based in 2013, by DELTA E-COMMERCE LTD from London, UK. Their servers are primarily based in Metairie, Louisiana, US.
The trade doesn’t have a specified market they purpose at the world map, but it surely appears they are centered on altcoin traders and supply many options for Russians.
There’s even a video for novices in Russian.
The verification process isn’t explained on the website, but it surely’s talked about on the Bitcointalk forum by the Livecoin personnel.
Apparently, the verification is only wanted for the customers who plan to make use of bank transfers for placing the deposit. The verification process will not be presented publically, and all customers who are looking to confirm their account are directed to the contact page.
There are no trading limits tied to the verification.
The trade helps the following FIAT currencies:
US dollar
EUR
Russian Ruble
On the subject of digital currencies, there’s a huge number of supported altcoins. The whole list of supported cash is available on the website.
LiveCoin Payment Schedule
Livecoin utilizes a maker/taker payment mannequin with competitive fees for takers and bonuses for makers with a sliding scale depending on the month-to-month trade volume.
This signifies that each time user places a suggestion onto the trade order book for different customers to take up, it get paid a bonus instead of paying trading fees. This mannequin encourages users to really provide liquidity instead of taking liquidity from the order book by accepting the presents from other users.
The bonuses range from 0.01 p.c to 0.1 percent on each trade users make, and past trading quantity determines them.
With regards to taker fees, the alternate has very competitive fee model.
For volumes beneath 2,000 US dollars – 0.20 % charge of the quantity traded applies.
As the monthly quantity will increase, the fees percentage drop. Finally, for volumes above 300,001 US dollars, the payment reaches the minimal of 0.01 p.c of the quantity traded.
Deposit and withdrawal fees
Livecoin deposits and withdrawals in cryptocurrencies are freed from charge. When it comes to withdrawals in digital currencies, only minimal network fees apply.
FIAT foreign money deposits carry the next fees:
Payeer – 7.5 %
PerfectMoney – 5.5 %
OkPay – 1 p.c
Wire Transfer (SWIFT) – 50 USD or 10 EUR
BTC-E vouchers – 2.5 percent in USD and RUR, 5 % in EUR
FIAT forex withdrawal fees are a bit lower:
Payeer – 1 percent
PerfectMoney – 1 percent with a minimal of 1 US dollar
OkPay – 2.25 p.c with a minimum of 0.1 US greenback
Wire Switch (SWIFT) – 1.5 p.c + 9 US dollars or just 15 EUR
Capitalist.net – Freed from cost
Capitalist.net card – 0.ninety nine US dollars or EUR
The complete charge schedule, as well as withdrawal and order limits, may be discovered here.
Livecoin.net Trading Evaluation
Trading on Livecoin is straightforward, and the exchange affords some good features. There are a couple of types of orders:
Standard market order
Limit order
Pending order
The first two are standard orders on nearly all of exchanges, but the third one is the place Livecoin shines. Pending orders are orders which are automatically triggered when the worth hits a sure stage specified by the trader. This will be very helpful in markets where many competitors are attempting to be on high of the order book or in cases the place the user may affect the market by inserting a large order. Pending order helps to avoid the disturbance of the market by hiding offers from the books which everybody can see.
The most effective things about this change is their altcoin and FIAT forex pairs. Having this option makes things a lot easier and makes calculating profit and loss less troublesome. It additionally removes a layer of unnecessary expenses because of paying two units of fees instead of just one. That’s because on nearly all of the trading platform customers have to trade FIAT for Bitcoin and then Bitcoin for different coins. There aren't any FIAT/altcoin trading pairs. This function makes Livecoin significantly attractive.
Ease of Use
The interface is nicely designed and comparatively simple to use. Everything is just a click on away, and swap between the markets is quicker than on the opposite exchanges.
The company doesn’t have apps for Android and iOS but, however the website is responsive, and it appears good on mobile devices.
It looks beautiful – it’s straightforward to make use of, and it’s load time is impressive.
Assist
The assist staff 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 quite in depth and an excellent place to ask any questions.
User Expertise
There are not a single complaint concerning the trade on the Web in the mean time of the writing of this review.
Security
The website affords two-factor authentication and PIN code as well as SMS and e mail notifications. There is no such thing as a details about the encryption of the emails or cold storage of the coins.
There were no hacking attacks so far, which means that this is a safe place for Bitcoins as well as altcoins.