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Livecoin Detailed Evaluate: Traits, Pros And Cons

Livecoin Detailed Evaluate: Traits, Pros And Cons

Livecoin is a website the place you possibly can change your bitcoins to fiat currency and vice versa. This company appeared in 2013 in Metairie, Louisiana, US. The founders are DELTA E-COMMERCE LTD from London, UK.

Livecoin is a global platform and goals to serve shoppers from everywhere in the globe; nonetheless, they appear to be centered on traders from Russia. We have now made such a conclusion because they provide many options for Russian-talking folks and even newbie video-guided tutorials are in Russian.

After creating an account, you may also verify it to use bank transfers and deposits, since this options should not available otherwise. Thus, there aren't any explanations of verification process on the website as well as any public information about it – you're just directed to the contact page if you're searching for verification. We suppose that it implies that it's a must to contact website owners personally.

If you end up achieved with all account preparations, you can start trading. The trade helps the next fiat money: EUR, US dollar, RUB. As for the digital currencies, the list right here is fairly long. It contains Bitcoin, Doge, Litecoin, Dash, Ethereum, Ethereum Basic, Monero, Augur, Zcash, Ripple, Factom, Iconomi, DAO, Stellar and more.

As for the fees, Livecoin tries to maintain them competitive. In addition, they provide bonuses for makers and payment sliding scale. It implies that the higher the quantity you trade monthly, the less charge you have to pay. Each time you place an offer to an order book, you obtain a bonus instead of a trading fee. This is a nice scheme that encourages liquidity as well as a big quantity of trading offers. Bonuses are 0.01-0.1% relying in your earlier activity.

As for the taking charges, they rely on the volumes. For volumes less than 2.000 dollars, you pay 0.20%. Charges drop as the quantity grows, so if you attain above 300.000 dollars, your price will probably be 0.01%.

Cryptocurrency withdrawal fees are minimal here and fiat foreign money withdrawal fees depend on the cost technique you choose. The website helps Payeer, OkPay, Wire Switch (SWIFT), Perfect Cash, BTC-E vouchers, and Capitalist.net.

The entire trading process is obvious and simple. In addition, Livecoin has some fascinating order types to try:

Standard order
Restrict order
Pending order
Standard and Limit are traditional orders, available at most exchanges, while the Pending one is a novel characteristic of Livecoin. These are the orders which can be triggered automatically when the worth reaches a particular stage, talked about by a trader. This feature saves the market from disturbance by hiding large orders from the public view.

An important number of cryptocurrencies supported.
The website presents low fees + bonuses.
There are fiat/crypto trading pairs that make it straightforward to calculate your potential revenue and makes things much easier.
Buyer help is active 24/7 and available by way of online chat and email. In response to customers’ critiques found on the web, Livecoin’s assist crew is professional and keen to help.
The high stage of security is ensured by 2-factor authentication, PIN code and SMS/email notifications.
No margin trading, futures and derivatives.
The website doesn’t have a mobile application.
We believe that Livecoin is a good option for cryptocurrency trading. There you'll discover many available coins, trading pairs and order opportunities. Moreover, platform has low fees and high trading liquidity. The safety and buyer support are on a high stage, as well. In a word, we boldly recommend Livecoin to our readers.