Investment in cryptovalutes is a chance for many people to completely change their lives. Appropriate movements in the stock market can lead to colossal profits. To make it possible, however, it is necessary to choose the right stock exchange, so today we present one of them – Coindeal.

Coindeal – who is behind the project

Currently, a very large part of the cryptocurrencies has its headquarters or was founded in Malta, so the Maltese origin Coindeal is not a big surprise. The stock exchange was opened in March 2018 and despite such a short existence, it has already gained recognition in the global market. The founders Adam Bicz, Kajetan Maćkowiak and Filip Dzierżak, who openly identify themselves with the stock exchange, which significantly increases its credibility, had a large share in this process. Coindeal also became a sponsor of a well-known football team – Wolverhampton Wanderers.

Coindeal advantages and disadvantages

Coindeal offers trading in more than 50 crypto. In this number you will find all the world’s largest  cryptocurrencies and couple smaller, which is difficult to find on other exchanges. The most important thing, however, is that Coindeal is constantly developing and new currencies are added regularly. The quality of the company is also confirmed by the membership in VQF, a Swiss organization associating reliable financial companies.

The great advantage of the CoinDeal exchange is that it offers round-the-clock trading and 24/7 customer service. For these reasons, more than 300,000 users are already investing in the exchange. A very clear and easy to use interface is also a great convenience.

This gives the opportunity to learn both for beginners, who do not yet know how to use all the options, and for more advanced players. The creators extended a helping hand to beginners also in a different way – they created a very comprehensive guide that teaches step by step how to invest in cryptocurrencies and how to use the CoinDeal exchange.

The stock exchange has pages translated into many languages, but for us the most important thing is that it has a English language. Many investors are also encouraged by the offer prepared by the authors themselves. For example, for recommending the stock exchange and encouraging friends to invest, we can get up to 20%  from each of their transactions. Very often promotions are also announced, as well as a premium option that gives you access to lower commissions and premium groups.

Coindeal commissions

CoinDeal charges trade fees of 0.3% and 0.4%. Compared to some other cryptocurrencies platforms, these are not particularly low commissions, but they are not high enough to discourage users. Deposits can be made by both bank transfers and credit cards, so that new investors can use the platform without any difficulties.

As far as security is concerned, CoinDeal uses a very sophisticated level of SSL, together with Cloudflare security features. As with many other exchanges, a two-fold authentication system (2FA) is used. Withdrawals require confirmation by e-mail, and to ensure maximum security, funds are stored in cold wallets protected by Multisignature.

Compatibility and verification

CoinDeal is very user-friendly. It has a very well prepared website, which is responsive on many devices. The stock exchange also has its own mobile application, which can be downloaded from the website. We have already mentioned translations. The platform is available in Polish, English, Russian, German and Korean.

CoinDeal also increases its credibility through its presence on numerous social networking sites and customer service available 24 hours a day. A simple, but very aesthetic website enables efficient navigation and easy investment.

The fact that many people decide to use the CoinDeal platform is undoubtedly due to the simple verification process, for which we only need to use the Google Authenticator application and send a photo with an ID card.

Travon Temple
Witold Adruszczak CEO of the Bitcoin-Squad.com project for 3 years associated with the crypto industry. This year we have decided on an international project. Our goal is to build Bitcoin awareness in the world. Education and support for people with no experience in the new industry which are cryptocurrencies. If you need more support please write in the comment. For all I always try to answer questions under the articles.