Livecoin Review 2019
Livecoin is a Bitcoin and altcoin alternate platform that offers many currency pairs, including trading altcoins for FIAT currency.
The exchange was founded 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 goal at the world map, but it appears they're focused on altcoin traders and offer many features for Russians.
There’s even a video for learners in Russian.
The verification process isn’t explained on the website, nevertheless it’s mentioned on the Bitcointalk discussion board by the Livecoin personnel.
Apparently, the verification is only needed for the users who plan to use bank transfers for putting the deposit. The verification process shouldn't be presented publically, and all users who wish to confirm their account are directed to the contact page.
There aren't any trading limits tied to the verification.
The change supports the following FIAT currencies:
US dollar
EUR
Russian Ruble
Relating to digital currencies, there’s an enormous number of supported altcoins. The whole list of supported coins is available on the website.
LiveCoin Price Schedule
Livecoin utilizes a maker/taker charge model with competitive charges for takers and bonuses for makers with a sliding scale relying on the month-to-month trade volume.
This means that every time person places a proposal onto the alternate order book for other users to take up, it get paid a bonus instead of paying trading fees. This model encourages users to actually 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 p.c on every trade customers make, and past trading volume determines them.
In the case of taker charges, the alternate has very competitive fee model.
For volumes below 2,000 US dollars – 0.20 % charge of the quantity traded applies.
Because the month-to-month quantity increases, the fees share drop. Finally, for volumes above 300,001 US dollars, the charge reaches the minimal of 0.01 percent of the amount traded.
Deposit and withdrawal fees
Livecoin deposits and withdrawals in cryptocurrencies are freed from charge. In the case of withdrawals in digital currencies, only minimal network fees apply.
FIAT forex deposits carry the next fees:
Payeer – 7.5 percent
PerfectMoney – 5.5 percent
OkPay – 1 %
Wire Switch (SWIFT) – 50 USD or 10 EUR
BTC-E vouchers – 2.5 % in USD and RUR, 5 p.c in EUR
FIAT foreign money withdrawal fees are a bit lower:
Payeer – 1 %
PerfectMoney – 1 p.c with a minimum of 1 US greenback
OkPay – 2.25 % with a minimum of 0.1 US dollar
Wire Switch (SWIFT) – 1.5 p.c + 9 US dollars or just 15 EUR
Capitalist.net – Free of cost
Capitalist.net card – 0.99 US dollars or EUR
The entire fee schedule, as well as withdrawal and order limits, can be discovered here.
Livecoin.net Trading Analysis
Trading on Livecoin is simple, and the alternate affords some nice features. There are just a few types of orders:
Commonplace market order
Limit order
Pending order
The primary two are traditional orders on the majority of exchanges, however the third one is the place Livecoin shines. Pending orders are orders which are automatically triggered when the value hits a certain stage specified by the trader. This might be very useful in markets where many opponents are trying to be on prime of the order book or in cases where the consumer could influence 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.
Among the best things about this exchange is their altcoin and FIAT forex pairs. Having this option makes things loads easier and makes calculating revenue and loss less troublesome. It additionally removes a layer of pointless bills because of paying two sets of fees instead of just one. That’s because on the majority of the trading platform users must trade FIAT for Bitcoin and then Bitcoin for other coins. There are no FIAT/altcoin trading pairs. This characteristic makes Livecoin significantly attractive.
Ease of Use
The interface is properly designed and comparatively simple to use. Everything is just a click on away, and switch between the markets is faster than on the opposite exchanges.
The corporate doesn’t have apps for Android and iOS yet, however the website is responsive, and it looks good on mobile devices.
It seems stunning – it’s simple to use, and it’s load time is impressive.
Support
The support crew from Livecoin.net may be very professional and friendly. The types of assist offered are 24/7 chat and electronic mail support. The change has a form of remote FAQ web page on Bitcointalk forum, which is kind of extensive and a fantastic place to ask any questions.
User Experience
There usually are not a single criticism about the change on the Web in the meanwhile of the writing of this review.
Security
The website affords two-factor authentication and PIN code as well as SMS and email notifications. There isn't any information about the encryption of the emails or cold storage of the coins.
There have been no hacking attacks thus far, that means that this is a safe place for Bitcoins as well as altcoins.
The exchange was founded 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 goal at the world map, but it appears they're focused on altcoin traders and offer many features for Russians.
There’s even a video for learners in Russian.
The verification process isn’t explained on the website, nevertheless it’s mentioned on the Bitcointalk discussion board by the Livecoin personnel.
Apparently, the verification is only needed for the users who plan to use bank transfers for putting the deposit. The verification process shouldn't be presented publically, and all users who wish to confirm their account are directed to the contact page.
There aren't any trading limits tied to the verification.
The change supports the following FIAT currencies:
US dollar
EUR
Russian Ruble
Relating to digital currencies, there’s an enormous number of supported altcoins. The whole list of supported coins is available on the website.
LiveCoin Price Schedule
Livecoin utilizes a maker/taker charge model with competitive charges for takers and bonuses for makers with a sliding scale relying on the month-to-month trade volume.
This means that every time person places a proposal onto the alternate order book for other users to take up, it get paid a bonus instead of paying trading fees. This model encourages users to actually 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 p.c on every trade customers make, and past trading volume determines them.
In the case of taker charges, the alternate has very competitive fee model.
For volumes below 2,000 US dollars – 0.20 % charge of the quantity traded applies.
Because the month-to-month quantity increases, the fees share drop. Finally, for volumes above 300,001 US dollars, the charge reaches the minimal of 0.01 percent of the amount traded.
Deposit and withdrawal fees
Livecoin deposits and withdrawals in cryptocurrencies are freed from charge. In the case of withdrawals in digital currencies, only minimal network fees apply.
FIAT forex deposits carry the next fees:
Payeer – 7.5 percent
PerfectMoney – 5.5 percent
OkPay – 1 %
Wire Switch (SWIFT) – 50 USD or 10 EUR
BTC-E vouchers – 2.5 % in USD and RUR, 5 p.c in EUR
FIAT foreign money withdrawal fees are a bit lower:
Payeer – 1 %
PerfectMoney – 1 p.c with a minimum of 1 US greenback
OkPay – 2.25 % with a minimum of 0.1 US dollar
Wire Switch (SWIFT) – 1.5 p.c + 9 US dollars or just 15 EUR
Capitalist.net – Free of cost
Capitalist.net card – 0.99 US dollars or EUR
The entire fee schedule, as well as withdrawal and order limits, can be discovered here.
Livecoin.net Trading Analysis
Trading on Livecoin is simple, and the alternate affords some nice features. There are just a few types of orders:
Commonplace market order
Limit order
Pending order
The primary two are traditional orders on the majority of exchanges, however the third one is the place Livecoin shines. Pending orders are orders which are automatically triggered when the value hits a certain stage specified by the trader. This might be very useful in markets where many opponents are trying to be on prime of the order book or in cases where the consumer could influence 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.
Among the best things about this exchange is their altcoin and FIAT forex pairs. Having this option makes things loads easier and makes calculating revenue and loss less troublesome. It additionally removes a layer of pointless bills because of paying two sets of fees instead of just one. That’s because on the majority of the trading platform users must trade FIAT for Bitcoin and then Bitcoin for other coins. There are no FIAT/altcoin trading pairs. This characteristic makes Livecoin significantly attractive.
Ease of Use
The interface is properly designed and comparatively simple to use. Everything is just a click on away, and switch between the markets is faster than on the opposite exchanges.
The corporate doesn’t have apps for Android and iOS yet, however the website is responsive, and it looks good on mobile devices.
It seems stunning – it’s simple to use, and it’s load time is impressive.
Support
The support crew from Livecoin.net may be very professional and friendly. The types of assist offered are 24/7 chat and electronic mail support. The change has a form of remote FAQ web page on Bitcointalk forum, which is kind of extensive and a fantastic place to ask any questions.
User Experience
There usually are not a single criticism about the change on the Web in the meanwhile of the writing of this review.
Security
The website affords two-factor authentication and PIN code as well as SMS and email notifications. There isn't any information about the encryption of the emails or cold storage of the coins.
There have been no hacking attacks thus far, that means that this is a safe place for Bitcoins as well as altcoins.