Review on Livecoin by Saparov Meylis

Livecoin is a bitcoin and altcoin exchange that supports many trading pairs, including fiat currencies. The exchange was registered in March 2014 by the London company DELTA E-COMMERCE LTD.

The verification process on the site is not described, but this information is partially present in the official Livecoin thread on the Bitcointalk forum. Verification is only required for those users who intend to use bank transfer to fund their account. There are no trade volume references to check. The details of the verification process are also not publicly available. To pass verification, users are invited to personally contact the exchange.

The platform supports the US dollar, euro, Russian ruble and a large number of cryptocurrencies, however, many pairs with unpopular currencies are not very liquid.

To fund an account via WebMoney, Paxum, EPESE, QIWI and other payment systems, users are advised to use the Capitalist system. You can also use Payeer.com, PerfectMoney.is and OkPay.com. The commission for such transactions is quite high (except for OkPay). There is no commission for depositing and withdrawing funds in cryptocurrency (except for the network commission for processing a payment).

Trading commissions range from 0.18% to 0.02% depending on the trading volume over the past 30 days, which is in line with the market average.

Livecoin supports 3 types of orders: standard, limit and pending. The first 2 types of orders can be found on most cryptocurrency exchanges, and pending orders are orders that are triggered only when the price reaches a user-specified level. Margin trading, futures and derivatives are not supported.

The support service is available 24/7 through the ticket system.

To keep their accounts secure, users are advised to use two-factor authentication and SMS and email notifications.

You need to come up with your nickname to work on the exchange and come up with a password. According to the requirements of livecoin.net, the password must consist of 12 characters, among which there must be lower and upper case letters, as well as numbers.

When specifying an email address, it is better to specify gmail accounts, since during registration we could not receive a confirmation email to rambler mail, but it came to gmail within a minute.

After entering your personal account, you will be prompted to set a pin code for making payment transactions.

When performing any operations inside your personal account, you will be prompted to enter a pin code. If you lose your PIN, you have the option to recover it, but it will cost 0.01 BTC.

As we have already said, the design of the livecoin.net website is very convenient, see for yourself, and most importantly, we have not yet met analogues of such a design on the cryptocurrency market.