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Ilorin
3 Level
109 Review
-45 Karma

Review on Livecoin by Julius Jegede

Revainrating 3 out of 5

Livecoin

Livecoin utilizes a maker/taker fee model with competitive fees for takers and bonuses for manufacturers with a wage scale looking on the monthly trade volume.

this suggests that each time user places a suggestion onto the exchange order book for different users to require up, it get paid a bonus rather than paying mercantilism fees. This model encourages users to really offer liquidity instead of taking liquidity from the order book by acceptive the offers from other users.

The bonuses vary from 0.01 p.c to 0.1 percent on every trade users make, and past trading volume determines them.

once it involves taker fees, the exchange has terribly competitive fee model.

For volumes below 2,000 United States greenbacks – 0.20 p.c fee of the quantity listed applies.

because the monthly volume increases, the fees share drop. Finally, for volumes on top of 300,001 US dollars, the fee reaches the minimum of 0.01 percent of the amount traded.
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Pros
  • Excellent
Cons
  • Trade