Bitcoin Forum

i have try it by 20 dollars and gained some profit  ;D
are he legit trading platform?
do i will able to withdrew without id vitrification?
because i think to invest 1000 dollars in it

what's also about binance??

Livecoin is extremely shady, better stay away. Have a read at their trust history: https://bitcointalk.org/index.php?action=trust;u=462136

Binance is decent for a centralized exchange, you have a 2BTC/day withdrawal limit as an unverified user. Just don't forget that they can at anytime ask you to undergo KYC and hold your funds.

Well, Potato Chips was indeed right. I can compare Livecoin and Yobit exchange, they are both shady exchange but still, there are more traders using this platform. But these exchange platform doesn't need KYC verification. Like submitting your ID photo or any personal documents that perhaps revealed to them. Just an Email verification and you can use the exchange.

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Indeed, Binance is very recommendable here. You don't need to pass KYC if you only withdraw under 2 BTC daily. It's up to you where you are going to choose. I advise having a research first before using the exchange platform.

Never had any problems with Livecoin personally, but they do have a shady history from what I could find. I use them occasionally for low cap projects not listed on bigger exchanges, and again, never faced any problems with them, even got help from their support multiple times when I had questions in regards to deposit/withdrawal.

I'm more a fan of decentralized solutions such as Blocknet's DEX though. I like to trade without undergoing KYC, or compromising my own security against hackers.

Well, I believe that every exchange suffers such claims, reputation and scam issue. It can be either true or not but talking about Livecoin, a legit claim against them is seems to be true.
Yeah, It could be great to use Binance or other exchanges that have a good market reputation then you are comfortable enough and not worries that your funds will be lost. This is all about our safety and we should have to be careful in using trading platforms coz that will serve you as the gateway to success.

I think even though Livecoin has a shady history, people still trade with them because you can find coins or tokens that you can't find for example in BNB. though I don't have any first hand experience using this exchange, but maybe it is like yobit, many are complaining on this exchange but used this exchange several times but didn't encounter any problem. so it really depends on the user whether he will try that exchange even if the reputation is not-so-good. Just remember that, you should not store your coins in any of them even if it is BNB. all of them are vulnerable to hacking or malware attacks. also, if you are in doubt, send small coins at first and do the trading, get the feel of using the exchange.

Okay, you can read up  some stuff towards them; https://bitcointalk.org/index.php?topic=5159692.0
I havent tried this platform yet since ive been trading only on known exchanger and if i were you its better to
stick with binance if you do try to deposit $1k and make out some trade and i would like to ask on how
did you find out about Livecoin?

I've traded in Livecoin before and what I've seen in their platform is that there are a lot of shitcoins and fake volume coin there. The price of coins there are too unstable if we are going to compare it tk another trading platform.

Choosing between two; I recommend Binance instead as they are the most popular exchange with integrity and good service. I'm not promoting them but they give the best user experience for all of cryptocurrency traders.

What exactly do you mean by 'investing'? Depositing your account and trade or buying/using their profitbox?

After their drama last year, I'd say at the very least you must be extremely cautious when you use them.

in the past , i was trying to sell my e-dinar coins so i joined livecoin

thanks guys you have changed my opinion a lot   :P
i will use BNB and other trusted exchange in the same time with livecoin
at least if one of them scam me i will not ended with 0
im not thinking to withdrew, so the fee is not problem right now.

Good. If you use Binance for trade, I think it is enough because you don't confuse to check all of your balance in many exchanges. You can focus on your trade, and I think you can make a profit with only one exchange. If you use Binance coin in Binance exchange, you can reduce the fee for every trade so that will help you to get a low fee.