Livecoin Overview 2019
Livecoin is a Bitcoin and altcoin exchange platform that gives many currency pairs, together with trading altcoins for FIAT currency.
The trade was founded in 2013, by DELTA E-COMMERCE LTD from London, UK. Their servers are primarily based in Metairie, Louisiana, US.
The alternate doesn’t have a specified market they purpose on the world map, however it appears they're focused on altcoin traders and offer many options for Russians.
There’s even a video for freshmen in Russian.
The verification process isn’t defined on the website, but it’s mentioned on the Bitcointalk discussion board by the Livecoin personnel.
Apparently, the verification is only wanted for the users who plan to use bank transfers for placing the deposit. The verification process is just not presented publically, and all customers who are looking to verify their account are directed to the contact page.
There are not any trading limits tied to the verification.
The change helps the following FIAT currencies:
US greenback
EUR
Russian Ruble
In terms of digital currencies, there’s an enormous number of supported altcoins. The complete list of supported cash is available on the website.
LiveCoin Fee Schedule
Livecoin utilizes a maker/taker fee 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 proposal onto the exchange order book for different users to take up, it receives a commission a bonus instead of paying trading fees. This model encourages customers to actually provide liquidity instead of taking liquidity from the order book by accepting the presents from different users.
The bonuses range from 0.01 percent to 0.1 % on each trade customers make, and past trading quantity determines them.
In the case of taker charges, the change has very competitive fee model.
For volumes under 2,000 US dollars – 0.20 p.c price of the amount traded applies.
As the monthly volume will increase, the charges share drop. Finally, for volumes above 300,001 US dollars, the fee reaches the minimum of 0.01 percent of the quantity traded.
Deposit and withdrawal fees
Livecoin deposits and withdrawals in cryptocurrencies are freed from charge. With regards to withdrawals in digital currencies, only minimal network charges apply.
FIAT foreign money deposits carry the following charges:
Payeer – 7.5 percent
PerfectMoney – 5.5 percent
OkPay – 1 p.c
Wire Transfer (SWIFT) – 50 USD or 10 EUR
BTC-E vouchers – 2.5 p.c in USD and RUR, 5 % in EUR
FIAT currency withdrawal fees are a bit decrease:
Payeer – 1 percent
PerfectMoney – 1 p.c with a minimal of 1 US dollar
OkPay – 2.25 percent with a minimum of 0.1 US dollar
Wire Transfer (SWIFT) – 1.5 percent + 9 US dollars or just 15 EUR
Capitalist.net – Free of cost
Capitalist.net card – 0.ninety nine US dollars or EUR
The entire payment schedule, as well as withdrawal and order limits, can be found here.
Livecoin.net Trading Evaluation
Trading on Livecoin is easy, and the exchange provides some nice features. There are a number of types of orders:
Normal market order
Limit order
Pending order
The primary two are usual orders on nearly all of exchanges, however the third one is where Livecoin shines. Pending orders are orders which are automatically triggered when the price hits a certain degree specified by the trader. This might be very helpful in markets the place many opponents try to be on top of the order book or in cases the place the user might affect the market by putting a large order. Pending order helps to keep away from the disturbance of the market by hiding offers from the books which everyone can see.
Among the finest things about this change is their altcoin and FIAT currency pairs. Having this option makes things so much simpler and makes calculating profit and loss less troublesome. It additionally removes a layer of unnecessary expenses because of paying two sets of charges instead of just one. That’s because on the vast majority of the trading platform users have to trade FIAT for Bitcoin and then Bitcoin for other coins. There are no FIAT/altcoin trading pairs. This feature makes Livecoin significantly attractive.
Ease of Use
The interface is properly designed and comparatively straightforward to use. Everything is just a click on away, and change between the markets is faster than on the other exchanges.
The corporate doesn’t have apps for Android and iOS but, however the website is responsive, and it seems good on mobile devices.
It appears stunning – it’s simple to make use of, and it’s load time is impressive.
Support
The support team from Livecoin.net is very skilled and friendly. The types of support offered are 24/7 chat and e-mail support. The exchange has a kind of remote FAQ web page on Bitcointalk forum, which is sort of extensive and an amazing place to ask any questions.
User Expertise
There aren't a single criticism concerning the alternate on the Web in the mean time of the writing of this review.
Safety
The website gives two-factor authentication and PIN code as well as SMS and email notifications. There is no such thing as a information 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 trade was founded in 2013, by DELTA E-COMMERCE LTD from London, UK. Their servers are primarily based in Metairie, Louisiana, US.
The alternate doesn’t have a specified market they purpose on the world map, however it appears they're focused on altcoin traders and offer many options for Russians.
There’s even a video for freshmen in Russian.
The verification process isn’t defined on the website, but it’s mentioned on the Bitcointalk discussion board by the Livecoin personnel.
Apparently, the verification is only wanted for the users who plan to use bank transfers for placing the deposit. The verification process is just not presented publically, and all customers who are looking to verify their account are directed to the contact page.
There are not any trading limits tied to the verification.
The change helps the following FIAT currencies:
US greenback
EUR
Russian Ruble
In terms of digital currencies, there’s an enormous number of supported altcoins. The complete list of supported cash is available on the website.
LiveCoin Fee Schedule
Livecoin utilizes a maker/taker fee 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 proposal onto the exchange order book for different users to take up, it receives a commission a bonus instead of paying trading fees. This model encourages customers to actually provide liquidity instead of taking liquidity from the order book by accepting the presents from different users.
The bonuses range from 0.01 percent to 0.1 % on each trade customers make, and past trading quantity determines them.
In the case of taker charges, the change has very competitive fee model.
For volumes under 2,000 US dollars – 0.20 p.c price of the amount traded applies.
As the monthly volume will increase, the charges share drop. Finally, for volumes above 300,001 US dollars, the fee reaches the minimum of 0.01 percent of the quantity traded.
Deposit and withdrawal fees
Livecoin deposits and withdrawals in cryptocurrencies are freed from charge. With regards to withdrawals in digital currencies, only minimal network charges apply.
FIAT foreign money deposits carry the following charges:
Payeer – 7.5 percent
PerfectMoney – 5.5 percent
OkPay – 1 p.c
Wire Transfer (SWIFT) – 50 USD or 10 EUR
BTC-E vouchers – 2.5 p.c in USD and RUR, 5 % in EUR
FIAT currency withdrawal fees are a bit decrease:
Payeer – 1 percent
PerfectMoney – 1 p.c with a minimal of 1 US dollar
OkPay – 2.25 percent with a minimum of 0.1 US dollar
Wire Transfer (SWIFT) – 1.5 percent + 9 US dollars or just 15 EUR
Capitalist.net – Free of cost
Capitalist.net card – 0.ninety nine US dollars or EUR
The entire payment schedule, as well as withdrawal and order limits, can be found here.
Livecoin.net Trading Evaluation
Trading on Livecoin is easy, and the exchange provides some nice features. There are a number of types of orders:
Normal market order
Limit order
Pending order
The primary two are usual orders on nearly all of exchanges, however the third one is where Livecoin shines. Pending orders are orders which are automatically triggered when the price hits a certain degree specified by the trader. This might be very helpful in markets the place many opponents try to be on top of the order book or in cases the place the user might affect the market by putting a large order. Pending order helps to keep away from the disturbance of the market by hiding offers from the books which everyone can see.
Among the finest things about this change is their altcoin and FIAT currency pairs. Having this option makes things so much simpler and makes calculating profit and loss less troublesome. It additionally removes a layer of unnecessary expenses because of paying two sets of charges instead of just one. That’s because on the vast majority of the trading platform users have to trade FIAT for Bitcoin and then Bitcoin for other coins. There are no FIAT/altcoin trading pairs. This feature makes Livecoin significantly attractive.
Ease of Use
The interface is properly designed and comparatively straightforward to use. Everything is just a click on away, and change between the markets is faster than on the other exchanges.
The corporate doesn’t have apps for Android and iOS but, however the website is responsive, and it seems good on mobile devices.
It appears stunning – it’s simple to make use of, and it’s load time is impressive.
Support
The support team from Livecoin.net is very skilled and friendly. The types of support offered are 24/7 chat and e-mail support. The exchange has a kind of remote FAQ web page on Bitcointalk forum, which is sort of extensive and an amazing place to ask any questions.
User Expertise
There aren't a single criticism concerning the alternate on the Web in the mean time of the writing of this review.
Safety
The website gives two-factor authentication and PIN code as well as SMS and email notifications. There is no such thing as a information 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.