An Overview of Coindeal Exchange
Coindeal is a cryptocurrency exchange platform that has been gaining traction in the crypto community. Launched in early 2018, Coindeal offers a variety of cryptocurrencies and aims to provide a secure and user-friendly trading experience. In this article, we’ll explore the features, history, and offerings of Coindeal.
History and Background
Established in March 2018, Coindeal was co-founded by Adam Bicz, Kajetan Maćkowiak, and Filip Dzierżak. Its genesis can be attributed to the founders’ desire to create a platform that not only offered a wide range of cryptocurrencies but also emphasized security and compliance with regulatory standards. Coindeal is registered in Cyprus but has a global user base.
Key Features of Coindeal
- Wide Range of Cryptocurrencies: Coindeal offers over 50 cryptocurrencies, including major ones like Bitcoin and Ethereum, as well as lesser-known altcoins.
- FIAT Currency Support: Unlike some exchanges, Coindeal allows for trading in several fiat currencies, including USD, EUR, and PLN.
- User-friendly Interface: Coindeal boasts an intuitive interface that caters to both experienced traders and those new to cryptocurrency.
- Security: The exchange places a premium on security, employing the most advanced SSL security features, regular audits, and cold storage for funds.
- Regulatory Compliance: Coindeal is compliant with the EU’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
Trading Fees and Limits
Coindeal operates with a maker-taker fee model. This is a fairly common model in cryptocurrency exchanges and is based on the user's 30-day trading volume.
30-day Trading Volume (USD) | Maker Fee | Taker Fee |
---|---|---|
Below $50,000 | 0.29% | 0.39% |
$50,000 - $500,000 | 0.25% | 0.35% |
Above $500,000 | 0.20% | 0.30% |
Mobile Application and API
In addition to its web platform, Coindeal offers a mobile application for both iOS and Android. This app features full trading functionality and enables users to trade on the go. Coindeal also offers a robust API for developers, which can be utilized for automated trading strategies and integrating Coindeal’s features into third-party applications.
Customer Support
Coindeal offers customer support via email and social media. The exchange has been recognized for its responsiveness and commitment to solving customer issues.
User Feedback
"Coindeal has been a reliable and user-friendly platform for my cryptocurrency trading. The range of cryptocurrencies and fiat pairings makes it versatile, and the focus on security is reassuring." - Anonymous user review.
Conclusion
Coindeal, though relatively new, has established itself as a competitive player in the cryptocurrency exchange landscape. With an emphasis on security, compliance, and offering a diverse set of cryptocurrencies, it’s a viable option for traders of all experience levels.