1 Level
41 Review
50 Karma
Review on Livecoin by Arun Kaul
A Convenient way to buy and sell Bitcoin - Livecoin Exchange
Most users would be expected to withdraw holdings to another cryptocurrency wallet after a transaction rather than keeping it in the exchange wallet.
User wallets are kept in ‘cold storage’ which means they are not accessible from remote, online hacker attacks. While there is no publically available information on the security architecture of the rest of the exchange there have not been any reported hacks.
Livecoin initially offered only Bitcoin and Litecoin trading but it is not possible to trade over 85 different cryptocurrencies. Most major cryptocurrencies are available and new options are regularly being added.
Deposits and withdrawals into a Livecoin account can be made via a significant list of cryptocurrencies. A handful of less well-known e-payment processors have to be used for fiat deposits, including Payeer, PerfectMoney, Capitalist, AdvCash, and Qiwi.
Pros
- Livecoin exchange User Interface is very simple and easy to use.
- Wide range of cryptocurrency pairs tradable on Livecoin exchange.
- Livecoin exchange supports USD, EUR, and RUB fiat currencies.
- Livecoin protects users funds by its ‘cold storage’ security system
Cons
- No company information available of Livecoin Exchange.
- General lack of information provided around security measures in place.
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Comments (1)
August 19, 2019
"General lack of information provided around security measures in place."
I've also had a huge problem finding some more info about this company. It gives me some trust issues and I think they should publish some more specific info about the company.
