Coindeal (coindeal.com) REVIEW, TRADING VOLUME AND PAIRS
This exchange was launched in the spring of 2018 and had gained huge popularity, offering users a multilingual interface and the ability to deposit in fiat currency. Despite the relatively high trading fees and limited choice of digital assets for purchase, to date, the exchange's daily turnover is $ 8 million, which confirms the investors' and traders' demand for its services.
Legally, CoinDeal Limited is registered in Malta and its activities are controlled by the Malta Digital Innovation Authority, which increases the credibility of the platform. To date, more than 40 cryptocurrencies, among which BTC, ETH, and LTC remain popular, are traded on the platform. On the coindeal.com, one can also trade fiat currency, which is much more favorable for private investors. At the time of writing, the US Dollar, Euro, Korean Won, Russian Ruble, Polish Zloty, and British Pound are available on the platform. This makes website a truly international trading platform.
One of the features is its maximum openness and customer focus. The official website of the coindeal.com exchange provides detailed information about the company and its employees. Besides, practices close communication with customers through social networks. The portal has accounts on Facebook, VK, Telegram, YouTube, Twitter, and Linkedin.
As for commissions, the company has chosen a policy of industry-standard fees while maintaining a high level of service. The trading commission fee here is:
• For the base account - 0.3% and 0.4% for the maker and taker, respectively;
• For premium account - 0.25% and 0.35% for maker and taker, respectively.
The exchange does not charge a fee for depositing in cryptocurrency, but there is a fixed fee for funds withdrawal. For more information, go to the appropriate section of the official website. As for fiat money, the size of the commission depends on the specific currency and payment system. You can also get acquainted with the tariffs in the "Fees" section.
A nice bonus for users is the presence of an Affiliate Program that allows you to earn 20% of the commissions of attracted customers.
Keep in mind that the site has limitations on trading for unverified users. Having a private verified account, in turn, allows you to withdraw up to 100 BTC per day, and a corporate account does not impose any restrictions in this respect.
Benefits and drawbacks of the exchange
Among the positive aspects we can highlight:
• Reliable security system;
• Openness and transparency of the company;
• Availability of official license;
• Access to the most popular coins;
• Sound liquidity and trading volumes;
• The availability of fiat currencies.
coindeal.com is a young, reputable European exchange that allows you to quickly and safely exchange traditional fiat currencies for cryptographic assets. User-friendly interface and advanced trading functionality cover such a disadvantage as a high сommission. As for security, it is impossible to assess unambiguously how well the exchange is protected since among the user reviews, the facts of hacking or phishing attacks were not mentioned. However, we would not recommend storing large amounts on Coindeal balances; use cold hardware wallets for these purposes.