What is Livecoin?
Livecoin exchange is a universal platform for cryptocurrency. This exchange platform majorly deals in Bitcoin and Litecoin along with other digital currencies. The interface of Livecoin is intuitive and simple which makes it easier for the traders at the beginners level. On the other hand, the experienced traders can explore the multiple tools available for market analysis.
Many reviews claims that Livecoin exchange was founded by DELTA E-COMMERCE LTD from London, UK in 2013. They have their servers in Metairie, Louisiana, US. However, company details are not mentioned anywhere onsite, including in user and privacy agreements or contact details sections of the website.
Features of Livecoin exchange
This platform is both convenient and affordable as the transaction fee is really low. There are multiple payment options available for the users such as Visa, Master Card, Perfect Money, Swift, Capitalist, Payeer, and Ok Pay. Thus, a user has both choice and convenience of funding the Livecoin account.
Livecoin is one of the major players in Bitcoins. Bitcoins is one of the most valuable assets. Bitcoins is the next generation financial system, which is expanding globally and accepted as a payment mode in most of the places such as super markets, online stores, gaming zones etc.
At Livecoin the trading occurs either between two different cryptocurrencies or between crypto and fiat currency. The other cryptocurrencies on Livecoin are XMR, ETH, DOGE, LEO, BLU, and DASH etc. The fiat currency applicable on Livecoin is USD, EUR, and RUR.
Livecoin also has affiliate programs. The users can become partners or be precise affiliates for Livecoin. The affiliates have to refer and recommend other users regarding the exchange and cryptocurrencies. Every time a new user trades through referrals, the affiliate earns the reward.
Livecoin Trading platform
Livecoin’s trading platform does not offer the features a multi-asset trading platform.
Obviously Livecoin’s platform is easy and intuitive to use. It is better than that of many other exchanges’ platforms. It includes price charts, an order book, trading history and neat instrument list.
Security at Livecoin
Livecoin enables the user to activate two-factor authentication. Under 2fa, the user can download the Google authenticator on a device. Then the user can scan the QR code of Livecoin account and sync them. Thus every time there is a login, a 6-digit code will go to the registered mobile number. This feature adds an extra layer of security on the account.
The digital currency on Livecoin is protected by storing them in cold storage. This would protect the currency from any cybercrime and also eliminate the risk of volatility.
The company also offers public and private API to the developers. The developer could integrate this API in his own application. These API’s provide access to different features of Livecoin.
Business at Livecoin
If there are individual companies who wish to get their coin listing on Livecoin, they could signup by contacting at email@example.com. The price for listing a new cryptocurrency is 4 BTC.
How to Register A New Account?
In order to register a new account, log on to the official website. The user can then click on the tab ”open a trade account”. Enter the details such as username, email ID, password and a referral code. A verification link goes to the registered email ID with an activation code. Enter the activation code to complete the registration process.
The user can set a payment password PIN so that every time he processes a payment, the user can enter the PIN to secure the account.
Buy/Sell – Livecoin Trade
Before buying any cryptocurrency, a user has to fund his account. The funds could be added using one of the payment networks mentioned above. Once the funds are available, a user can select the cryptocurrency, amount and current market price before placing an order. The transaction fee would be 0.18%.
For selling Bitcoins, the user can select the amount and check the current market price before placing the order. The transaction fee for selling is also 0.18%.
The deposits and withdrawals are also easy. For both deposits and withdrawals, the user can simply add the address to which it has to be sent.
Deposit and withdrawals of few coins are charged in Livecoin exchange. However, they are minimal based on the currency type. For more details, refer to their official website