Place/Date: Malta - November 15th, 2019 at 7:43 pm UTC · 5 min read
CoinDeal is always thinking about their users first. The popularity of this exchange is growing very fast. The platform gained more than 350,000 users within 2 years. For now, CoinDeal is opening its platform for users from the United States of America and ensures that no one else will provide such high-quality services to the Americans as they do.
The Maltese company is already registered with FINCEN in the United States as Money Services Business Registration Number: 31000146609933.
Why CoinDeal exchange is a safe and user-friendly place to trade:
As a good start, CoinDeal opens trading in 13 States: Idaho, Illinois, Indiana, Kansas, Montana, New Hampshire, New Jersey, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin, Wyoming, and they plan another 12 in the future. Maybe one-day CoinDeal services will be available in all states. Users can trade now on these 13 active markets:
ETH/BTC, LTC/BTC, XRP/BTC, EOS/BTC, BCH/BTC, DOGE/XRP, BCHSV/BTC, XMR/BTC, USDT/BTC (not available in Texas), TUSD/BTC (not available in Texas), ZEC/BTC. CDL/BTC. Soon, the platform has a plan to open CDL/EUR and CDL/USDT (not available in Texas) and more markets.
A few months ago, CoinDeal, like other lead global exchanges, created their own – CoinDeal Token (CDL). This is the first token in the world which was given for free CoinDeal distributed 90% of its tokens to users, 87549 people received – 514 tokens each. The current price is about $30,79 for 514 tokens (data from November 14th, 2019, 11:35 a.m. CET).
CDL it’s already ranked 574th according to Coinpaprica with the market cap $2 436 634 (279.00 BTC). The exchange did not buy any tokens from the market, so the price was set by the market itself.
CDL token is built on ETH blockchain. Ethereum’s Greedy’s Heaviest Observed Subtree (GHOST) protocol allows for faster block creation without compromising blockchain security, which means that transactions are processed faster. The token is available on CoinDeal from November 12th in pair CDL/BTC. The CDL is an internal exchange token that was created to give additional functionality on the platform.
Thanks to CoinDeal Tokens users can get many features:
CoinDeal has also launched the OTC (Over-the-Counter) trading process, the ideal solution for traders who want to place large orders with the certainty that their transaction will not cause a sudden increase or decrease in the price of a coin. Trading via OTC is available from 10 USD (0.001BTC) up to 5 BTC with unlimited liquidity and 0% – 0.7% commission spread between the purchase and the sale price.
Find more information about the process, which takes only one hour or less on the CoinDeal website. It’s one of the best options or advanced users.
CoinDeal’s first mobile app is now available on iOS and Android. The range of benefits includes allowing users to trade on active markets, view 24-hour changes in currency charts and preview all transactions.
Besides, new advanced trading features are now available in the PRO version of the CoinDeal exchange. The introduction of the Galaxy Score tool helps users to fully evaluate the market before they decide by providing real-time market data, market history, and social media sentiment.
CoinDeal in Malta operates under a so-called transitional license, which allows them to operate while awaiting MFSA approval. All such activities comply with the law and are subject to Maltese regulation. CoinDeal must comply with the requirements of the VFA (virtual financial asset) Class 4. License holders authorized to provide any VFA service. Class 4 Licence Holders may hold or control clients’ assets or money in conjunction with the provision of a VFA Service.
It follows that CoinDeal is operating entirely legally in Malta during the transitional period. Of course, they are applying for a permanent license, which will be subject to the 4th VFA class. Until then, they are a legal Maltese entity that can easily provide financial services according to the relevant legislation.
CoinDeal has been a global partner of the Premier League Team, the Wolverhampton Wanderers FC since 2018. During this time, they actively supported them in their social media and participated in many matches and official meetings.
Also, the exchange often organizes contests for the fan base. Most popular prizes are tickets for matches and signed t-shirts. Wolves’ fans should follow CoinDeal’s actions on social media.
For more news and latest updates please visit CoinDeal Medium and Reddit accounts, follow the team in LinkedIn and BitcoinTalk. Feel free to join CoinDeal community in Telegram, Twitter and Instagram, or just check out their latest videos on YouTube.