Livecoin (livecoin.net) - review, trading volume and pairs
Livecoin trading platform is one of the most popular cryptocurrency exchanges. These are mainly young progressive users who are primarily focused on functionality, reliability, and minimalistic interface of the exchange. The Livecoin.net interface has been translated into 9 languages.
A separate feature of the exchange is the presence of a video manual on working with the platform, which gives a general understanding of working with the trading cabinet. Maybe that is the reason why Livecoin.net is most often referred by experts as the optimal start of a trader's career since beginners mostly cannot deal with fancy tools and a complex interface.
To start trading, you need to register on the official website. When clicking on the appropriate button, you will see a form to enter your login, password, email, and referral code (if you are invited to the website through the affiliate program). When coming up with a password, remember that it must consist of at least 12 digits, lowercase, and uppercase letters.
After confirming your account registration via the link sent to your email, you can log in to your newly created account for the first time. The system will prompt you to set a payment PIN. This PIN will be requested every time any transaction is made. In case of loss of PIN, you can restore it for 0.01 BTC.
After registering on Livecoin.ney, it is recommended to learn the interface.
At the top, there are the following menus:
• For business;
On the left, you will find data on currency pairs, and in the center – the Japanese price chart. Although the interface seems to be standard, the unique selection of colors and the correct location of all functional buttons makes the trading cabinet extremely convenient for both beginners and professionals.
To trade on the exchange, you do not need any specific knowledge or skills. It is enough to make a deposit and then choose a suitable pair for trading. Unfortunately, the functionality limits the possibilities of the trader when it comes to effective trading and correct forecasting of the price movements. However, if you do not plan to engage in aggressive day-trading, and buy cryptocurrency as a long-term investment, this exchange will be perfect for you.
You can use euro, US dollar or ruble to replenish your account. In this case, the system interacts with such electronic systems as:
• Perfect Money;
As for the trade commission, here it is 0.18% of the transaction amount, with the prospect of reducing to 0.02% with an increase in trading volume. However, privileged conditions must be earned by becoming a major market maker. Therefore, new investors should focus on the standard 0.18% of the transaction.
Livecoin.net: does it make sense to trade here?
The website offers both popular Bitcoin, Ethereum, Litecoin, and lesser-known currencies such as WAVE, SYS, BLK, RISE, KRB, etc. At the same time, the number of coins is steadily expanding, which makes it possible to predict the cloudless prospects of the project and the growth of an active audience of traders.
As for security, there are several tools:
• Two-factor authentication;
• Allowed IP list;
• Setting the length of the trading session;
• Defining a PIN code for cash-outs;
• Anti-phishing greeting at the entrance to the cabinet.
Among the key advantages of the trading platform, a large number of trading pairs, support of popular fiat currencies, competent operation of the support team, the ability to connect a trading bot, as well as an open API can be listed. Livecoin.net exchange objectively deserves the attention of investors and traders of all categories. But to see its benefits, there is no better way than to spend a couple of minutes to register on the website and make a small deposit.