Livecoin Review

Livecoin Logo

Livecoin was launched in the United Kingdom as a digital currency exchange in 2013 to enable traders all around the globe to buy and sell multiple cryptocurrencies, including Bitcoin, Tether, Ethereum, Litecoin, and more, with fiat money using an easy-to-use trading platform. They provide traders with some trading tools and educational resources, and there is a client support team on hand to assist them. There are multiple payment methods, while the minimum deposit required to operate an account is just $1. A commission fee of 0.1% is charged on trades.

Livecoin Review Introduction

In this Livecoin review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including Livecoin.

Livecoin Platforms & Tools

The Exchange provides traders with a proprietary trading platform that gives traders access to the cryptocurrency markets with low trading fees. The Livecoin trading platform is loaded with essential trading tools including a user-friendly API that comes with an instructional manual. The platform is designed to suit traders of all experience levels with a user interface that is simple yet complex enough to carry out complex trading functions.

Livecoin Review Trading Platform
Livecoin Review Trading Platform

Traders are also provided with some useful trading tools that help to enhance the trading process. Examples of such tools include Trade APIs, Market Overview, and more.

Livecoin Research & Education

Traders are provided with a good selection of educational resources that are geared towards enhancing their trading prowess whilst keeping them up to date on the latest events in the markets. The available educational materials include articles, instructional videos, and an FAQ section that is in place to answer some of the most common questions that traders may have.

Livecoin Trading Accounts

Livecoin allows traders to open a single live trading account with the least deposit requirement of $1. It is against the Exchange’s terms and conditions to open multiple trading accounts for a single user.

Livecoin Account Funding

The Exchange permits traders to deposit and withdraw funds using the following payment methods:

  • Credit/Debit cards
  • Online payment processors
  • Cryptocurrency

Some payment methods are not available in certain countries, and the time taken to process transactions may vary depending on the payment method.

Livecoin Review Deposit and Withdrawal Methods
Livecoin Review Deposit and Withdrawal Methods

Livecoin Customer Service

Livecoin offers a professional client support team that is fluent in Russian, English, and Chinese. They are available every day of the week during working hours (UTC + 3) to respond to traders’ inquiries through a support ticket.

Livecoin Regulation

There is no regulatory information on the Exchange’s website at the moment. Lack of regulation may discourage some potential traders from opening an account with them since unregulated exchanges do not guarantee the safety of clients’ funds.

Livecoin Review Summary

Livecoin is an online digital asset exchange that operates from the United Kingdom, giving traders from around the world the opportunity to buy or sell several cryptocurrencies using the Exchange’s proprietary trading platform. The Exchange offers a selection of useful trading tools and educational resources, whilst providing a client support team to assist traders. There are multiple payment methods available to clients. However, there is no regulatory information on the exchange’s website at the moment, which could be seen as a red flag by many potential traders and investors.

It is worth mentioning that some of the trading products and services in this Livecoin review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Livecoin broker website which you can visit by using the link below.

Digital assets trading involves significant risk. Prices may fluctuate due to the volatile nature of digital assets. large variations in digital assets can render them worthless in a short and unexpected period of time. There is an inherent risk that losses will occur as a result of digital exchanges. Digital assets also present risks that are generally not shared with official currencies or goods or commodities in a market.

Livecoin

6

Spreads

7.5/10

Liquidity

7.5/10

Commissions

7.5/10

Support

7.5/10

Regulation

0.0/10

Features

  • Multiple digital currencies
  • An intuitive and user-friendly trading platform
  • A selection of educational resources
  • Trade API and other useful trading tools