Livecoin exchange was founded in 2013, by DELTA E-COMMERCE LTD from London, UK. Their servers are based in Metairie, Louisiana, US.
Livecoin is a modern service for accessing cryptocurrency exchange markets. You are provided with a comfortable, practical and profitable platform with which to work with cryptocurrencies – suitable for both beginners and experienced traders. Try it and you will quickly appreciate the advantages of this system.Livecoin is a convenient and affordable service for purchasing and selling Litecoin, Bitcoin and other cryptocurrencies. Exchange, buy, sell, gamble on rates and earn – just like on conventional exchanges. Only here you are dealing with a new type of money – cryptocurrencies, and therefore you have more room to maneuver and higher potential profit.Our service is for everyone – it’s easy to get started for beginners and more experienced trader who’re interested in detailed information about the markets. Livecoin features an intuitive, simple interface for beginners and lots of useful features for experienced traders. Simply put, the Livecoin system is universal: simple for beginners and multifunctional for confident users.
There is no need for paper work to become a full fledged Livecoin member. To get started, a person only needs to submit an email address and create a username and password. Taking these few steps are the only requirements for having an active account which can be used to trade currencies when funded.
- United States Dollar (USD)
- Euro (EUR)
- Russian Ruble (RUR)
- Bitcoin (BTC)
- Litecoin (LTC)
- Dashcoin (DASH / DRK)
- Emercoin (EMC)
- BTC / USD
- BTC / EUR
- BTC / RUR
- LTC / BTC
- LTC / USD
- LTC / EUR
- LTC / RUR
- EMC / USD
- EMC / BTC
- DRK / BTC
- DRK / USD
- DRK / RUR
The verification process isn’t explained on the website, but it’s mentioned on the Bitcointalk forum by the Livecoin personnel.
Apparently, the verification is only needed for the users who plan to use bank transfers for placing the deposit. The verification process is not presented publically, and all users who are looking to verify their account are directed to the contact page.
There are no trading limits tied to the verification.
LiveCoin Fee Schedule
Livecoin utilizes a maker/taker fee model with competitive fees for takers and bonuses for makers with a sliding scale depending on the monthly trade volume.
This means that every time user places an offer onto the exchange 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 offers from other users.
The bonuses range from 0.01 percent to 0.1 percent on every trade users make, and past trading volume determines them.
When it comes to taker fees, the exchange has very competitive fee model.
For volumes below 2,000 US dollars – 0.20 percent fee of the amount traded applies.
As the monthly volume increases, the fees percentage drop. Finally, for volumes above 300,001 US dollars, the fee reaches the minimum of 0.01 percent of the amount traded.
Livecoin.net Trading Interface
Livecoin’s easy trading interface has made me remain with it for a long time. For people like me who are not technically savvy, Livecoin should be the best place for you because you do not have to enter many pages when you want to sell or buy currencies. Everything for trading is enabled on a page that is also beautifully designed to keep your heart merry as you are trying to make some extra bucks.
- Standard market order
- Limit order
- Pending order
The first two are usual orders on the majority of exchanges, but the third one is where Livecoin shines. Pending orders are orders which are automatically triggered when the price hits a certain level specified by the trader. This can be very useful in markets where many competitors are trying to be on top of the order book or in cases where the user could influence the market by placing a large order. Pending order helps to avoid the disturbance of the market by hiding offers from the books which everyone can see.
A candlestick chart is provided with some basic tools you can use without leaving the page. The only indicator they support is moving averages, but they do give you full control over this. You to set them to simple or exponential, modify the time scale and change the colour of the lines to your preference.
In addition to the standard market and limit order types you can also set ‘pending orders’, which are automatically triggered if the price hits a certain level specified by you. I’ve noticed this can be useful in markets where traders are competing to be the top of the order book, or when you want to place a large order, because you can buy or sell at the price you want to without moving the market by placing your offer onto the books for everyone to see.
Margin trading isn’t supported on this trading platform; neither are derivates or futures.
One of the best things about this exchange is their altcoin and FIAT currency pairs. Having this option makes things a lot easier and makes calculating profit and loss less troublesome. It also removes a layer of unnecessary expenses because of paying two sets of fees instead of just one. That’s because on the majority of the trading platform users need to trade FIAT for Bitcoin and then Bitcoin for other coins. There are no FIAT/altcoin trading pairs. This feature makes Livecoin particularly attractive.
In “balance” section Livecoin added data about average price changing, and links for quick movement to the specific trading pair (click on the specific currency symbol).
Another good news for you is that Livecoin partner, payment system Capitalist released a card Capitalist Prepaid Visa with favorable fees. The card and its delivery is free. Fees for deposit – $0.99 per transaction, withdrawal – $1.99 per transaction. For more detail about the card please visit the news section in Capitalist or merely go to the main page https://capitalist.net/ I’d like to remind you that we have 0% fees for Capitalist transfers from and to Livecoin Exchange.
The popular Google Authenticator phone app can be used to set up extra security for actions such as logging into your account, which is pretty standard on this kind of site, and you can also choose to set up a 4 digit pin that must be entered to authorize payments if you want an extra level of protection.
But perhaps the most interesting extra feature is the referral program, which pays you a commission for referring other users to the site. When you get your link to use for this they let you choose whether you want to take 10% of the trading fees generated by your referrals for life, 20% for six months, or 50% for just one month. As a long time blogger (way longer than this particular site has been running) I’ve used quite a few of these things over the years, but I’ve never seen one that offers that kind of flexibility before.
Multiple Exchange Currencies
If you ask me, I think this is where Livecoin stands tall above all the other exchangers. Livecoin has over 221 different currency pairs for exchange. This is beneficial for investors because they do not have to go through a central currency before they can finally get the currency they want. With pairs such as KRB/BTC, VRM/BTC, ETH/USD, BTC/RUR, DOGE/USD and many more, transaction fees for converting from one currency to another is greatly reduced.
Added Benefits (Affiliate Commissions)
I have never seen an affiliate commission system that is as flexible as the one Livecoin offers. The flexibility is based on the time frame each affiliate decides to earn his or her commissions. If an affiliate wants to keep earning for life, he can choose to earn 10% on every deposit made by his referrals. Affiliates who want to earn only for six months will be rewarded 20% on their referrals orders while a 50% order fee is awarded to those who want to earn all their commissions within one month.
Good & Bad About Live
- Easy registration, no verification required;
- Easy to use, intuitive and powerful interface;
- Flexible trading fee, which depends on the trading volume;
- Different types of orders: Market, Limit, Pending;
- Low fees for deposit and withdrawal of funds, a wide choice of payment systems;
- Modern 2–level account security system: 2-factor authentification, white list of IP-addresses, pluggable e-mail and sms notification;
- The Game;
- Friendly and fast support;
- Profitable affiliate program, that allows you to choose interest rate.
- Weak liquidity for some of the coins
- No mobile apps
- Support Service Not Good
- No Margin Trading Option Like Poloniex
- Low Btc Pairs
- Some Time Website Down
- Bad User Review
Livecoin Live Trading Chart
Also Check Poloniex Review From Here
Address & Contact Info
Address- London Uk
Email- [email protected] or [email protected]
Click Here For Visit Livecoin.net
[su_quote]This article is writing on 11th July, 2017 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsaap Us- 918077121282[/su_quote]
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