is a Bitcoin and altcoin trade platform that provides many forex pairs, together with trading altcoins for FIAT currency.
The change was based in 2013, by DELTA E-COMMERCE LTD from London, UK. Their servers are based mostly in Metairie, Louisiana, US.
The alternate doesn’t have a specified market they purpose on the world map, but it seems they are targeted on altcoin traders and offer many options for Russians.
There’s even a video for learners in Russian.
The verification process isn’t defined on the website, nevertheless it’s mentioned on the Bitcointalk discussion board 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 isn't offered publically, and all users 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 supports the next FIAT currencies:
When it comes to 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 charge mannequin with aggressive fees 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 trade order book for other users to take up, it get paid a bonus instead of paying trading fees. This mannequin encourages customers to really 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 percent on each trade users make, and past trading volume determines them.
In relation to taker charges, the change has very competitive payment model.
For volumes below 2,000 US dollars – 0.20 percent charge of the amount traded applies.
Because the monthly volume will increase, the fees percentage drop. Finally, for volumes above 300,001 US dollars, the fee reaches the minimum of 0.01 p.c of the quantity traded.
Deposit and withdrawal charges
Livecoin deposits and withdrawals in cryptocurrencies are freed from charge. In terms of withdrawals in digital currencies, only minimal network fees apply.
FIAT forex deposits carry the following fees:
Payeer – 7.5 p.c
PerfectMoney – 5.5 percent
OkPay – 1 %
Wire Switch (SWIFT) – 50 USD or 10 EUR
BTC-E vouchers – 2.5 percent in USD and RUR, 5 p.c in EUR
FIAT foreign money withdrawal charges are a bit decrease:
Payeer – 1 percent
PerfectMoney – 1 percent with a minimal of 1 US dollar
OkPay – 2.25 % 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 charge
Capitalist.net card – 0.ninety nine US dollars or EUR
The complete price schedule, as well as withdrawal and order limits, may be discovered here.
Livecoin.net Trading Analysis
Trading on Livecoin is easy, and the change gives some nice features. There are a number of types of orders:
Standard market order
The primary are traditional orders on nearly all of exchanges, however the third one is where Livecoin shines. Pending orders are orders which are automatically triggered when the value hits a sure stage specified by the trader. This might be very helpful in markets where many competitors are attempting to be on prime of the order book or in cases the place the person may influence the market by placing a big order. Pending order helps to avoid the disturbance of the market by hiding presents from the books which everybody can see.
Among the best things about this change is their altcoin and FIAT forex pairs. Having this option makes things rather a lot easier and makes calculating profit and loss less troublesome. It also removes a layer of pointless bills because of paying units of charges instead of just one. That’s because on the majority of the trading platform customers need to trade FIAT for Bitcoin after which Bitcoin for different 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 swap between the markets is faster than on the opposite exchanges.
The company doesn’t have apps for Android and iOS but, but the website is responsive, and it seems good on mobile devices.
It appears lovely – it’s straightforward to use, and it’s load time is impressive.
The support workforce from Livecoin.net could be very skilled and friendly. The types of assist offered are 24/7 chat and email support. The trade has a kind of remote FAQ web page on Bitcointalk forum, which is sort of intensive and an incredible place to ask any questions.
There usually are not a single complaint in regards to the exchange on the Web for the time being of the writing of this review.
The website provides -factor authentication and PIN code as well as SMS and email notifications. There is no such thing as a details about the encryption of the emails or cold storage of the coins.
There have been no hacking attacks thus far, which means that this is a safe place for Bitcoins as well as altcoins.