Doubt about Livecoin

[bitmover]

Hello.
I will be forced to use Livecoin.net for a transaction. Can someone please tell me what is the situation there? Do I need to do KYC? Is there a minimum withdrawal without KYC?

I couldn't even find where to verify my account there.

[Darker45]

I remember I was also somehow forced to use Livecoin at least a year ago. I had an unverified account there, but I was able to do all my transactions smoothly. I made my withdrawals with not a single problem encountered. But the amounts involved were relatively low, so it could have been a different case if the amounts were much higher.

I guess their official account here is still active. You might want to consider dropping a PM. https://bitcointalk.org/index.php?action=trust;u=462136. Account is last active 3 days ago.

[joniboini]

I used them in the past. As far as I can remember, I don't have to do KYC. Just standard e-mail registration, 2FA, and stuff like that. But I don't know how they work now, I no longer use them after their last drama.

[CryptopreneurBrainboss]

Yes, you can go about your normal business KYC free until you want to make deposit of fiat through banks, only then will you be mandated to carry-out a KYC verification process, atleast that's what I can remember since it's been quite long I patronage the exchange. Livecoin is one of the very few exchange that doesn't require KYC without a withdrawal limit, contact the support if you're interested in verifying your identity though as it isn't visible to the public on their site.

Hope you understand the current state of the exchange as it's been labeled a scam with different accusation online of the exchanges withholding the fund of its customer nevertheless since you said you're been forced to use the exchange, goodluck and don't forget to update us with your experience when you're done.