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Livecoin Bitcoin Exchange Review

Livecoin Bitcoin Exchange Review

Author
  • Reliability
  • Security
  • Transparency
  • Exchange Fees
  • Customer Support

Livecoin is a well-known Bitcoin and Altcoin exchange platform through which users can trade between many currency pairs. The platform was started by Delta E-Commerce Limited in 2013 and presently based in London, United Kingdom. It is a multi-cryptocurrency trading platform and perfect for starters as well as experienced traders. The platform has a simple & intuitive interface that makes it perfect for the beginner. On the other hand, there are many useful features for the experienced players in this market.

Services Offered & Features

Have a look at some attractive features of the Livecoin exchange:

  • Affiliate Program

The platform offers an affiliate program through which both traders and exchange can enjoy mutual benefits. The traders can earn commission by bringing customers to the Livecoin service.

 

  • Pending Order Feature

There are fewer exchanges who offer this type of service to their users. The pending orders can be defined as those orders that trigger automatically when the price reaches a certain level mentioned by the traders. It can be beneficial for the market where there are lots of competitors looking to top the order book. Additionally, this feature can assist in avoiding the market’s disturbance by hiding offers from the books.

 

  • Altcoin-Fiat Currency Pairing

The pairing of altcoin and fiat currency is one of the best feature available on the Livecoin platform. It makes things easier and reduces the problems related to profit calculation.

 

  • Multiple funding systems

The users are enabled by the exchange to deposit with many payment options. They can use Ok Pay, Bitinpay, BTCC-Servis, Bankcomat.com and much more.

Reliable

The interface of Livecoin is designed in a nice way, making it easy to use. All the features are just a click away and switching between the market is faster than the majority of the exchanges. The support is available 24/7 and provides services in a friendly & professional way.

Security

The exchange’s website provides two-factor authentication and PIN code to offer better security to the users. Additionally, they also send SMS and email notification to the users for every transaction.

Trading Platforms

The platform’s computer website is designed in a wonderful manner, making it enjoyable to use. Additionally, it is very responsive and looks great on the mobile devices. However, they don’t have mobile applications for Android and iOS till now.

Transaction Fees/ Charges

Below table offers complete information about the trading fees

Trading Volume for 30 days (US$)                       Charges
   0-2000 0.20 %
   2000-10000 0.18%
   10001-20000 0.16%
   20,001- 40000 0.14%
40,001- 60000 0.12%
60001- 100000 0.10%
100,001- 150000                              0.08%
150001- 200000                             0.06%
200001-250000                         0.04%
250001- so on                          0.02%

Pros

Livecoin offer following advantages to the users:

  • Minimal Transaction Fees with a reduction program.
  • Withdrawal almost free for the majority of cryptocurrencies.
  • Range of options for deposit (Visa, Mastercard, CTA, OKPay, Payeer, Wire Transfer, etc.)
  • Liquidity
  • Support for numerous altcoins
  • Faster access

Cons

Along with some pros, the Livecoin also has some cons:

  • No mobile applications
  • Lack of margin trading

Summary

As mentioned above, Livecoin is one of those rare exchanges who offer an option to trade bitcoin for fiat currencies. It is a nicely designed exchange and offer service to the users at a competitive price. We strongly recommend people to use this platform for expanding the currency pair options.

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