Check out everything about Livecoin: is it safe or reliable? Learn how to trade: does selling or buying bitcoin on Livecoin really work? See the truth that you need to know about the Livecoin exchange: is it good? how to use Livecoin, fees and much more. Let's go step by step:
What is Livecoin and how does it work?
Good, Livecoin is one of the best cryptocurrency exchanges where you can trade cryptos to cryptos and to fiat currency (dollar, euro, Brazilian real, etc.).
Livecoin fees for depositing and withdrawing funds:
Livecoin offers multiple online payment options for its users to deposit or withdraw cryptocurrencies via.
Deposit fees:
*. Perfect Money – 2%;
*. Advcash – 10%;
*. Payeer – 5% commission;
Withdrawal methods:
*. Perfect Money – 6%;
*. Advcash – 2%;
*. Payeer – 2% commission;
NB: You can also deposit and withdraw in cryptocurrencies.
Special features:
Livecoin offers a good range of trading tools including arbitrage and exchange using bots. It also offers its users a two-factor authentication feature as an extra layer of security.
Is Livecoin safe?
Online since 2015 Livecoin is one of the safest exchanges.
However, the site cannot protect you from dishonest traders. Therefore, make sure to buy or sell from traders who have a high reputation rating.
How to use Livecoin?
To use Livecoin, here's what you need to do:
*. Visit the official website here and Register, during registration confirm your email and Set your four-digit payment password PIN and make sure it is strong. Don't lose your pin because Livecoin will charge 0.01BTC to change it.
Deposit fiat or cryptocurrency into your account using any of the available payment methods and you can start trading.
How to trade Livecoin?
Trading on Livecoin is quite simple. If you want to buy or sell, navigate to the sell/buy page and from there, enter the amount you want to sell or buy and the currency you want to make the transaction in.
You will notice, like many other exchanges, Livecoin offers limit orders and market orders. It also offers pending orders, which are not very common.
A pending order is more like a trigger that is activated when the price hits a mark set by the trader. It has its advantages, but mainly traders love it because they can keep their orders private.
One thing you need to know about Livecoin is that it does not support margin trading; nor does it support the trading of futures or derivatives.
Like other exchanges, on Livecoin you can see the available fiat and crypto pairs. On Livecoin, you can trade LTC/USD, LTC/EUR, etc.
Useful Links:
Conclusions
Livecoin is one of the best exchanges Altcoin trading platform. The platform offers almost 400 cryptocurrencies and almost 1000 trading pairs, the exchange itself is easy to use, loyal to its customers, constantly adding new coins and notifying users about all important changes. And to work with Livecoin, you do not need to go through verification.