Coindeal reviews and review of the official website of the exchange
Any cryptocurrency is a means of payment, which means it must be freely convertible with other coins on the blockchain, as well as with any financial instruments.
To carry out exchange operations, a trading platform (exchange) is needed, which provides buyers and sellers with the opportunity to interact via electronic communication channels. According to coinmarketcap, 241 cryptocurrency exchanges operate in the Internet space, and the number of services is constantly growing. One of the young and promising exchanges is the Coindeal exchange.
CoinDeal is one of the most progressive exchanges created by crypto industry enthusiasts who have been studying electronic currency and blockchain technology for many years.
The coindeal com team knows well all the features of working with virtual assets and takes into account the real problems that users of other crypto exchanges have.
How to register an account and go through full verification
To trade on any exchange, you need to create a personal account. To start coindeal registration, open the frontend coindeal com home page, enter your email address and create a password.
Then indicate the country of which you are a citizen, confirm that you are not a robot and click on the “Create Account” button.
Next, you will need to verify the email and the new IP address.
Log in to your mail, find the letter from Coindeal and follow the link.
After that, you will receive a second message with the IP confirmation code, enter the code on the login page, and you will be automatically redirected to the next stage of coindeal registration.
Now you need to enable two-factor authentication. The procedure is not complicated, you need to download the Google Aunthenticator application on your smartphone or tablet, open it and add a coindeal exchange account by scanning the QR code.
Be sure to save the key indicated under the barcode in paper or electronic version. It is useful to restore two-factor in case of loss or flashing of your mobile gadget. Enter the generated six-digit code and click confirm, authentication is enabled.
But that’s not all, for coindeal registration you need:
- Indicate the type of account (private or business) last name, first name and phone number.
- If you are a company representative, then, in addition to personal data, it is necessary to indicate information about your company. This option is for traders trading using company funds.
- Enter the code from SMS to confirm the number.
To complete the identity verification process, you must provide:
- Scans of both sides of your ID card
- Photo ID (your photo, as the account holder, with your ID in one hand)
- Confirmation of the address of residence, photo of yourself with the current date and signature.
Please note that the photo must be of high quality and all details must be clearly visible. In addition, the numbers on your ID must be legible and not covered by fingers. Image size should not exceed 8 MB.
Verification in automatic mode takes several minutes, but if necessary, manual verification procedure may take several days. Coindeal service does not serve citizens of the USA, Cuba, as well as a number of African and Asian countries. The full list is on the exchange website.
Main advantages and differences from competitors
1. On the Coindeal exchange, customers are provided with round-the-clock support; you do not have to wait for days for a response from the moderator.
2. High security measures are strictly adhered to, an advanced configuration of the SSL standard is included, along with Cloudflare’s security features. Mandatory 2FA, and confirmation by email, every time you enter from a new ip-address.
3. Exchange items are stored in a cold wallet protected by a multisignature.
4. The addition of new cryptocurrencies and exchange pairs occurs after the voting procedure, in which all verified users participate.
5. The coindeal exchange has a referral program. For each friend you invite, you will receive a 20% commission from his trading on the site.
6. Many withdrawal and deposit options are available, including:
- U.S. dollars;
- Polish zloty
- BTC, ETH, LTC and other crypto coins.
Money is sent to the network two hours after the conclusion of the withdrawal. This is because user funds are stored on Cold Wallets wallets that are not connected to the Internet. In exceptional situations, this can take up to 24 hours.
Development History and Platform Prospects
Coindeal exchange, despite its young age, it was launched on March 1, 2018, already occupying 73rd place in the rating of cryptocurrency trading platforms coinmarketcap. Coindeal exchange turnover in February 2019 amounted to $ 266 million.
Coindeal Cryptocurrency Exchange trades in 36 exchange pairs. The largest turnover falls on the pairs of coins BTC / LTC, BTC / ETH, BTC / EOS and the exchange of bitcoin for fiat currencies. The basic principle of the coindeal administration is a dialogue with customers on any issues that arise. The coindeal marketplace has good technical support and a high level of security.
Minimal fees combined with tough security measures and high liquidity make coindeal com one of the best cryptocurrency exchange platforms.
Coindeal takes an active part in charity projects and is a sponsor of the English Premier League.
A large selection of virtual and fiat currencies and an attentive attitude to customers are the main advantages of coindeal, reviews about the trading platform are positive in almost all forums. Judging by the coindeal reviews, someone is very comfortable supporting Polish zlotys, British pounds and, of course, the Russian ruble. Almost everyone is happy with the speed of answers to questions.
And if the “draconian” measures of security seem uncomfortable to you, remember the sad fate of cryptocurrency exchanges attacked by hackers. More recently, or rather, on February 14, 2019, the famous Cryptopia trading platform was hacked. Losses are still being calculated. If you do not want to lose your money, suffer minor inconveniences. Safety first.