CoinDeal (https://coindeal.com/) is a cryptocurrency exchange platform founded by Adam Bicz, Filip Dzierżak and Kajetan Maćkowiak. The exchange was launched in March 2018 but has already gained spectacular popularity in the global market. Our daily volume gives us a place among the best cryptocurrency exchanges in the world according to the Coinmarketcap ranking.
We are the team of passionate crypto enthusiasts who strive to make something much bigger then we have never seen before! Our greatest passion is conceiving the modern, disruptive blockchain technology that is relatively new industry but we do see how great potential it has, not only in the financial system but in other industry branches worldwide as well.
A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of Coindeal consists of four parts: general information, fees, deposit methods and security.
Coindeal is a Maltese cryptocurrency exchange (registered office being Villa Malitah Mediterranean Street, The Village St. Julians STJ 1870 Malta). The exchange launched in March 2018 but has already popularity in the global market. With respect to the 24 hour trading volume, on the date of this review (6 November 2018), Coindeal’s volume was USD 30 million. This places Coindeal in the top 50 of all the world’s cryptocurrency exchanges.
There is plenty of information on the company behind this exchange (Coindeal Limited).
Coindeal offers trading in 20+ cryptocurrencies. You can trade all of the biggest cryptocurrencies here and a few smaller as well.
US-investors may not trade here today, but the exchange is according to information to Cryptowisser “working really hard to get licensed in the USA”. Accordingly, if you’re a US-investor and you’re in love with Coindeal, don’t be heartbroken, you might be able to trade here shortly. In the meantime, exchange that currently support US-investors is DARB Finance
Different exchanges have different trading charts. And there is no “this overview is the best”-chart. You should yourself determine which trading chart that suits you the best. What the charts normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading chart so that you can ascertain that it feels right to you. The below is a picture of the trading chart at Coindeal:
Coindeal Trading fees
This trading platform’s trading fees for takers are 0.40%. This fee is slightly above both the global industry average and the domestic industry average. The global industry average is arguably around 0.25%. One should consider whether Coindeal has a strong offering to investors in other respects that outweighs the disadvantage of this somewhat higher trading fee.
One small consolation for traders is that the maker fees are 0.30% (i.e. a 10% discount compared to the taker fees).
Coindeal Withdrawal fees
Many exchanges lure you into safety with lower trading fees and then knock you down with their withdrawal fees when you want to cash out. Withdrawal fees vary a lot between exchanges. Most exchanges have a fixed fee that varies between cryptocurrencies, but there are also exchanges that also have percentage based withdrawal fees. The latter meaning that you pay e.g. 0.20% of your withdrawn amount in withdrawal fees.
Coindeal charges you 0.0008 BTC when you withdraw BTC. This is a competitive fee and there are many higher fees out there. For instance, MBAX charges 0.001 BTC and CoinsMarkets charges 0.002 BTC. So from both an international and a domestic perspective, Coindeal’s withdrawal fees are low.
At Coindeal, you can deposit through both wire transfer and credit cards. This can be helpful especially for newer crypto investors.
Our platform is secured by most advanced SSL standard incorporated together with Cloudflare security features.Users are protected by complex password requirements, mandatory 2FA and email confirmations needed for withdrawals and warnings about login attempts made from different IP than usually. Exchange funds are stored in 90% in the cold wallet protected by Multisignature.
Coindeal’s security score is B-, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is a very good grade and definitely places this exchange among in the very top of all the exchanges we have performed this test on.
What CoinDeal offer
We are one of the most powerful exchange platforms, offering access to over 30 cryptocurrency pairs, including the most popular ones, such as Ethereum, Bitcoin or Litecoin, but also many FIAT currencies: Euro (EUR), Dollar (USD), British Pound (GBP), Polish Zloty (PLN) and Ruble (RUB). What distinguishes us from others is that each month we allow our users to choose new cryptocurrency by voting in that everyone can take part in growth of our trading platform.
Adam Bicz, Filip Dzierżak and Kajetan Maćkowiak are co-founders of CoinDeal. Adam is and the brain of the CoinDeal operation, the main programmer and head of the team responsible for creating an extremely stable and secure cryptocurrency exchange. Filip is responsible for creating, communicating and implementing the organization’s vision, mission, and overall direction. Kajetan is strongly focused on the promotion and marketing of the entire enterprise. He created brands like CoinDeal, Paycoiner or BuyCoinNow gave him a vast experience in the blockchain and cryptocurrency industry.
Company Registration Number: C 88465
Company Name: CoinDeal Limited
Registered Office: Villa Malitah Mediterranean Street, The Village St. Julians STJ 1870 Malta