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Showing posts with label dash. Show all posts
Showing posts with label dash. Show all posts

Thursday, November 23, 2017

Livecoin.net – Scam or Not?


Livecoin.net – Scam or Not?

Livecoin

 Livecoin is a Bitcoin and altcoin exchange platform that offers many currency pairs, including trading altcoins for FIAT currency.

The exchange was founded in 2013, by DELTA E-COMMERCE LTD from London, UK. Their servers are based in Metairie, Louisiana, US.

The exchange doesn’t have a specified market they aim at the world map, but it seems they are focused on altcoin traders and offer many features for Russians.
There’s even a video for beginners in Russian.

Verification

The verification process isn’t explained on the website, but it’s mentioned on the Bitcointalk forum by the Livecoin personnel.
Apparently, the verification is only needed for the users who plan to use bank transfers for placing the deposit. The verification process is not presented publically, and all users who are looking to verify their account are directed to the contact page.
There are no trading limits tied to the verification.
The exchange supports the following FIAT currencies:
  • US dollar
  • EUR
  • Russian Ruble
When it comes to digital currencies, there’s a huge number of supported altcoins. The complete list of supported coins is available on the website.

LiveCoin Fee Schedule

Livecoin utilizes a maker/taker fee model with competitive fees for takers and bonuses for makers with a sliding scale depending on the monthly trade volume.
This means that every time user places an offer onto the exchange order book for other users to take up, it get paid a bonus instead of paying trading fees. This model encourages users to actually provide liquidity instead of taking liquidity from the order book by accepting the offers from other users.
The bonuses range from 0.01 percent to 0.1 percent on every trade users make, and past trading volume determines them.
When it comes to taker fees, the exchange has very competitive fee model.
For volumes below 2,000 US dollars – 0.20 percent fee of the amount traded applies.
As the monthly volume increases, the fees percentage drop. Finally, for volumes above 300,001 US dollars, the fee reaches the minimum of 0.01 percent of the amount traded.

Deposit and withdrawal fees

Livecoin deposits and withdrawals in cryptocurrencies are free of charge. When it comes to withdrawals in digital currencies, only minimal network fees apply.
FIAT currency deposits carry the following fees:
  • Payeer – 7.5 percent
  • PerfectMoney – 5.5 percent
  • OkPay – 1 percent
  • Wire Transfer (SWIFT) – 50 USD or 10 EUR
  • BTC-E vouchers – 2.5 percent in USD and RUR, 5 percent in EUR
FIAT currency withdrawal fees are a bit lower:
  • Payeer – 1 percent
  • PerfectMoney – 1 percent with a minimum of 1 US dollar
  • OkPay – 2.25 percent with a minimum of 0.1 US dollar
  • Wire Transfer (SWIFT) – 1.5 percent + 9 US dollars or just 15 EUR
  • Capitalist.net – Free of charge
  • Capitalist.net card – 0.99 US dollars or EUR
The complete fee schedule, as well as withdrawal and order limits, can be found here.

Livecoin.net Trading Analysis

Trading on Livecoin is easy, and the exchange offers some nice features. There are a few types of orders:
  • Standard market order
  • Limit order
  • Pending order
The first two are usual orders on the majority of exchanges, but the third one is where Livecoin shines. Pending orders are orders which are automatically triggered when the price hits a certain level specified by the trader. This can be very useful in markets where many competitors are trying to be on top of the order book or in cases where the user could influence the market by placing a large order. Pending order helps to avoid the disturbance of the market by hiding offers from the books which everyone can see.
Margin trading isn’t supported on this trading platform; neither are derivates or futures.

One of the best things about this exchange is their altcoin and FIAT currency pairs. Having this option makes things a lot easier and makes calculating profit and loss less troublesome. It also removes a layer of unnecessary expenses because of paying two sets of fees instead of just one. That’s because on the majority of the trading platform users need to trade FIAT for Bitcoin and then Bitcoin for other coins. There are no FIAT/altcoin trading pairs. This feature makes Livecoin particularly attractive.

Ease of Use

The interface is nicely designed and relatively easy to use. Everything is just a click away, and switch between the markets is faster than on the other exchanges.
The company doesn’t have apps for Android and iOS yet, but the website is responsive, and it looks good on mobile devices.
It looks beautiful – it’s easy to use, and it’s load time is impressive.

Support

The support team from Livecoin.net is very professional and friendly. The types of support offered are 24/7 chat and email support. The exchange has a sort of remote FAQ page on Bitcointalk forum, which is quite extensive and a great place to ask any questions.

User Experience

There are not a single complaint about the exchange on the Web at the moment of the writing of this review.

Security

The website offers two-factor authentication and PIN code as well as SMS and email notifications. There is no information about the encryption of the emails or cold storage of the coins.
There were no hacking attacks so far, meaning that this is a safe place for Bitcoins as well as altcoins.

Tuesday, May 17, 2016

TopMine.io review Cloud Mining

TOPMINE.IO is a cloud mining service for mining cryptocurrencies.

Available cryptocurrencies are : Bitcoin, Litecoin, Dogecoin, Ethereum, Dash.

You can directly mine USD also. System makes it by mining and exchanging the altcoins but i suggest you to mine cryptocurrencies instead of USD directly.

Accepted deposit methods : Bitcoin, Litecoin, Dogecoin, and PAYEER.
Minimum withdrawal limits: 0.50 USD, 0.001 BTC, 1500 Doge, 0.1 LTC, 0.1 ETH, 0.14 Dash

How to mine at Topmine.io ? Which cryptocurrency should i choose to mine?

Well, there is speed identifier on the system which is called : TeraX . I suggest you to mine the currency that you deposit and TeraX at %50 / %50 . As you can not mine different currencies or currency+TeraX simultaneously, you should switch daily or weekly to for example;

My investment is BTC. 1st week to TeraX to boost speed. Then 2nd week to BTC. and goes on.
**You can also start for free by applying the above %50 system to your choosen currency + TeraX.

Calculator available on TopMine.IO website to check your investment plan!
If you have questions leave a comment to get back to you! Good luck!

CLDMine.com review

CLDMine is active and paying cloud mining platform since 2014 for online currencies.. You can register and start mining immediately. You get 1500 Dogecoin FOR FREE when you register and get 10 Dogecoin every 24hrs when you log on to website.

"CLD" is determining your mining speed. You just need to click "start mining" next the currency you choose from "my account" page to begin mining.

If you want to increase your earning/mining speed, you need to increase your CLD. You can either deposit or change your earnings into CLD to boost your performance.

There are also some features of this system : %12 referral comission, lottery and live chat between users to share your experience and make a community.

How to decide which currency to mine? and How to decide what to

In order to decide your currency, you can use the calculator to see its benefits. When you check the calculator tables, you will see the approximate breakeven point for your investment and return of investment (ROI) points

Available currencies for mining on CLDMine : Bitcoin, Dogecoin, Litecoin, Ethereum, Blackcoin, Clam, Dash, Feathercoin, Reddcoin, Namecoin.

If you have questions, drop a message at comment. Good luck!