RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Livecoin

Livecoin Exchange Review

Centralized
  • 24h Trading Volume

    3057.084 BTC
  • Establish date

    2015
  • Headquater

    Belize

Livecoin Exchange Review

  • Livecoin Withdraw

    BTC – 0.0005 BTC

    LTC – 0.02 LTC

    ETH – 0.01 ETH

    Full list of fees can be found here

  • Livecoin Fees Discount

    Lower trading fees for higher 30 day USD trading volumes.

    Full information can be found here

  • Livecoin Deposit fees

    List of deposit fees can be found here: https://www.livecoin.net/en/deposits-withdrawals
  • Fiat Deposit

    USDEURRUB
  • Accepted Payment Method

    Crypto to Crypto, Crypto to FIAT
  • Native Token

    No
  • Margin Trading

    No

Livecoin Exchange Score Analysis

The Livecoin situation is a hard one for us. On the one hand, the exchange offers a very large amount of coins to trade, alongside fiat support, many markets and high volume in the larger pairs; on the other hand, many pairs have zero volume going through them and ever since the exchange’s humble beginnings in 2015 it has been reported to not reply to support requests from users with locked funds, essentially stealing them, not allowing withdrawals for various reasons and charging insanely high withdrawal fees.
While claiming to be registered in the UK, after some digging, we found their actual company to be registered in Belize, and the only mention online about their claimed CEO is a rather weird article on a seemingly affiliated “blockchain news site” – and we believe the person Ivona Zlatova is not a real one, and is placeholding for the actual people who run the exchange behind the scenes.
In conclusion, we do score Livecoin relatively high for an exchange with so much shady metrics going for it only because it has been operating for 4 years without any major occurrences, and it does manage to attract significant volume, but we still believe the risk factor here is too high for users to entrust their funds with this exchange.