RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Coindeal

Coindeal Exchange Review

Centralized

Coindeal Overview

  • CoinDeal is a cryptocurrency exchange based in Malta that was launched in March 2018. The platform has gained “spectacular popularity in the global market”, regardless of its new presence in the industry. The exchange claims that it aims to expand blockchain technology “not only in the financial system but in other industry branches worldwide as well.” CoinDeal supports over 40 cryptocurrency pairs as well as fiat currencies, making the platform an entry-level exchange. The team behind CoinDeal pride themselves on the transparency, security and the innovative nature of the platform. Though it is relatively new, CoinDeal has quickly risen to be placed among the best cryptocurrency platforms.
    The team behind CoinDeal consists of co-founders Kajetan Mackowiak, Adam Bicz and Filip Dzierzak. They all have experience in the industry, having worked in various other brands and marketing projects. CoinDeal gives a lot of importance to transparency, hence a lot of information on the co-founders can be found on both their website and online. This provides for a certain level of trust to be formed between the team and CoinDeal users. As the exchange aims to expand blockchain into various sectors, they are keen on hosting events and featuring various other activities for maximum interaction. One example of this is the Blockchain Summit that they host in London. They are also sponsors to the sports team Wolverhampton Wanderers FC, delivering on their promise to promote the cryptocurrency industry in other markets.
    CoinDeal boasts trading fees of 0.3% for takers and 0.4% for makers. Compared to other certain cryptocurrency platforms, these are not particularly low fees, however, they are not high enough for it to be a deterrent for users. Fiat deposits can be made through both bank transfers and credit cards, making it easy and practical for new cryptocurrency investors to use the platform. As for security, CoinDeal uses a very sophisticated level of SSL, along with Cloudflare security features. As is done with many other exchanges, two-factor authentication (2FA) system is used. Withdrawals require confirmation via email to ensure maximum security, and the funds are stored in “cold wallets protected by Multisignature.”
    CoinDeal is pretty accessible, as it features a mobile app alongside its well-crafted website, which can be downloaded on their website. The website features various language translations, such as but not limited to Chinese, English, German and Korean. It’s present on multiple social media platforms and provides 24/7 customer support. The platform is fully functioning every hour of every day and allows companies to have separate accounts on the platform. The website design is simple and sophisticated, allowing users to navigate it with ease.

    Coindeal Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      1241.228 BTC

      • Coindeal Total Trading Pairs

        46

        • Coindeal Margin Trading

          Yes

          • Coindeal Deposit fees

            Crypto Deposits Free

            • Coindeal Fiat Deposit

              Yes

              • Accepted Payment Method

                Crypto to Crypto, Crypto to FIAT

                • Coindeal Native token

                  No

                  • Native token smart contract

                    N/A

                    • Coindeal Trading Markets
                      • Coindeal Stablecoins trading

                        Coindeal Withdrawals

                        • Daily Withdrawal Limit

                          Private- 100BTC daily. Corporate- unlimited

                          • Coindeal Withdraw fees

                            BTC – 0.0008
                            BCH – 0.009
                            ETH – 0.02
                            Full list here

                            • Coindeal Withdraw fees discount

                              Lower fees for Makers.

                              • Proof of Reserves

                                N/A

                                Coindeal Exchange Rating Analysis

                                Last edit 30.07.2019

                                • Coindeal is a Malta based crypto currency exchange site. Coindeal offers an above average number of tradable markets, however offers a below average number of tradable pairs. Coindeal also has a significantly above average commission fee on trades. Coindeal has a great team with a very experienced CEO, however Coindeal is lacing a team member that focuses on security issues. A concern for this project includes a lack of insurance in the case of a hack.

                                  Coindeal Exchange KYC and AML

                                  Coindeal Exchange Additional Information