livecoin review

Livecoin Review: Are They Safe & Legit, or a Scam?

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For traders looking for a multi-cryptocurrency platform that suits beginners as well as coin developers, Livecoin is one platform to check out. This exchange was developed in the United Kingdom by Delta E-commerce Limited, in 2013 but is available in several countries in the world. It supports several digital currencies as well as the following FIAT currencies: dollars, Euros and the Russian ruble.

Livecoin Review

Livecoin Transactions

If you would like to create an account with Livecoin, simply visit their website and provide your email address. Once this is done, you can deposit some funds into the account and start trading. Supported FIAT currency trade options on Livecoin include Credit Card, Payeer, Perfect Money, AdvCash, Capitalist and Qiwi. Transfer limits apply during deposit and withdrawal. The minimum order you can make is 0.0001 bitcoin. Limits also apply to the withdrawals and these vary depending on the type of cryptocurrency you choose to work with.

Simple Structure

Livecoin’s interface is designed in a way that is relatively easy to use. It is very easy for beginners to switch between markets using simple button clicks. The website is responsive on all devices and has a wonderful load time.

User Support

Livecoin offers you 24/7 chat and email support. The experts are friendly and professional. It also has a remote FAQ page that answers most of its clients’ questions. You will receive regular updates on the latest news and trends in the cryptocurrency markets.

Low Interests

livecoin

Before using this exchange for trading purposes, you must understand how its fee schedule works. Livecoin works using a maker/taker fee model. This means that for every item placed on the platform for sale, Livecoin takes a bonus from it instead of charging a trading fee. For buyers, the more you purchase the less the taker fee. However, deposits and withdrawals are free of charge.

Guaranteed Safety

Livecoin protects your funds using the cold storage system. It also gives you the opportunity to activate Google’s two-factor authentication. You can also whitelist or blacklist IP addresses to restrict access to your account.