Cryptocurrency Exchange

Coindeal Exchange – Complete Review of the Malta-based Exchange

Everything You Need To Know About Coindeal Exchange

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The evolving field of cryptocurrencies is giving rise to a large number of cryptocurrency exchanges across the world. One such exchange that is very popular and offers high-level security features is Coindeal Exchange.

Coindeal is one of the regulated exchanges that supports trading of over 40+ cryptocurrencies and 7 fiat currencies. 

This review will help you understand everything about the Coindeal exchange, to begin with. Read about Coindeal fees, trading, deposit, withdrawal, guides, and more.

Overview:

Legal NameCoindeal Exchange.
HeadquartersMalta.
OwnerKajetan Maćkowiak.
Founded on2018.
Exchange typeCentralized.
Trading fees.Maker: 0.29% / Taker: 0.39%.
Deposit methods.Credit Card and Cryptocurrency.
Supported Cryptocurrencies.Supports 40+ cryptocurrencies including Bitcoin, DOGE, Ethereum, Litecoin, Ripple Etc.
Fiat.EUR, GBP, USD, CHF, KWR, PLN and RUB.
Customer Service.Email and Phone.
Trading Options.Spot Trading and Margin Trading.

What is Coindeal Exchange?

Coindeal is a centralized exchange established in the year 2018 by Kajetan MaćkowiakAdam Bicz, and Alex Strześniewski. All three of them are experienced in the Blockchain industry, having worked in various other brands and marketing projects. 

The Malta-based exchange is regulated by the Swiss Financial Services Standards Association in Switzerland. It’s also registered with FinCen in the United States.

Coindeal exchange is constantly evolving, offering its users advanced-level features and expanding its facilities. The exchange offers its services in over 150+ countries and its website is available in many languages including English, Russian, Korean, Chinese, German, Polish.

Coindeal Exchange Features:

  • Native SegWit address support: Unlike other platforms, Coindeal allows depositing funds on Bech32 addresses. They are contributing to the lightning Bitcoin network. Which further results in keeping users’ resources safer and transactions quicker.
  • 100% uptime: Their service is fully operational 24/7. Users can be sure they will have an open access to their money all the time. You’ll always be up to date with the best opportunities the market may bring you.
  • Transparency: You don’t have to worry about lack of funds to make your payouts. The exchange secures your payouts by having our contribution in cryptocurrencies. You can check the account balance of our cryptocurrency exchange platform anytime you want.
  • Real time auditing: Coindeal performs time checks to make sure that every coin is in the right place. Without the risk of double funds.
  • Company accounts: Arms wide open for corporate users. The exchange is  aware of the differences between private accounts and the business one. That’s why they have created a type of an account which is adjusted to running your company, to make it easier for you.
  • 24/7 Support: CoinDeal has 24/7 customer support which is always happy to answer your questions. 

How to Register On a Coindeal Exchange?

Step 1: Navigate to the Official Website

Step 2: Enter your email address, country and choose a strong password

Step 3: Check the Privacy Policy and Terms of Use box

Step 4: Click on Create Account

Step 5: Then click on your name at the top right and click on Verification.

Step 6: Enter your personal information including your Name, Gender, Phone number and country of citizenship to complete the verification

How to Deposit Funds in Coindeal?

Step 1:- Go to the official webpage of Coindeal and log in to your account.

Step 2:-Click on the ‘Wallets’ tab to go to the wallet page.

Step 3:-You can find all the currencies(fiat and crypto) listed on the page. Select the fiat currency you want to deposit.

Step 4:- You will be displayed with all the available deposit methods for that particular currency. Select the deposit method and provide the required details including the amount.

Step 5:- Select ‘+’ in order to deposit.

How to Withdraw from Coindeal?

Step 1:- Go to the official webpage of Coindeal and log in to your account.

Step 2:- Click on the ‘Wallets’ tab in order to go to the wallet page.

Step 3:- You can find all the currencies(fiat and crypto) listed on the page. Select the fiat currency you want to deposit.

Step 4:- Select ‘-’ in order to Withdraw.

Step 5:-  You will be displayed with all the available withdrawal methods for that particular currency. Select the withdrawal method and provide the required details including the amount.

How to buy bitcoin on Coindeal?

Step 1:- Go to the official webpage of Coindeal and log-in to your account.

Step 2:- Click on the ‘Wallets’ tab in order to go to the wallet page.

Step 3:- You can find all the currencies(fiat and crypto) listed on the page. Select the currency you want to buy. In this example let’s consider bitcoin using a credit card.

Step 4:- Select Buy with credit card option.

Step 5:- You will be redirected to Coindeal’s partner service BuyCoinNow which enables secure BTC to buy online. If you are registered, enter the login details. Also, you can create a new one if you do not have.

Step 6:- Select the desired payment and confirm it at the bottom of the page. 

How to Sell Bitcoin on Coindeal?

Step 1:- Go to the official webpage of Coindeal and log in to your account.

Step 2:- Go to the market view and search for the desired BTC pair in order to select the desired pair. For eg, BTC/USD or BTC/EUR

Step 3:- Click on ‘Sell’ 

Step 4:- To enter the price you will be provided with three options,

  • MARKET – You can enter the price manually
  • STOP LOSS – Enter one of the prices available on the market
  • ANY PRICE – USe the price of the last executed transaction on the exchange.

Step 5:- Enter the amount of BTC you want to sell and click on ‘Sell’.

Coindeal Fees, limits and Supported Payment Methods:

EUR Deposit and Withdrawal Fees:

Method Fee of Deposit.Fee of Withdrawal.
Bank Transfer9 EUR
Netellar9 EUR
Advcash9 EUR

USD – Deposit and Withdrawal Fees:

Method Fee of Deposit.Fee of Withdrawal.
Bank Transfer9 USD
Skrill9 USD
E-Pay9 USD

PLN – Deposit and Withdrawal Fees:

Method Fee of Deposit.Fee of Withdrawal.
Bank Transfer9 PLN
Skrill9 PLN
Netellar9 PLN

Coindeal Trading Fees:

Account TypeMaker Fee.Taker Fee.
Basic0.29%0.39%
Premium0.25%0.35%
VIP0.20%0.30%

Click here for a detailed fees analysis.

Coindeal Supported Payment Methods:

  • Bank transfer.
  • Cryptocurrency.
  • Epay.
  • Payeer.
  • Skrill.
  • Neteller, etc.

Coindeal Token (CDL):

Earn Passive Income With CoinDeal Token, CoinDeal presents one of the easiest options to earn money on the exchange. Staking CDL will allow you to earn up to 9% per year. Now, stake at least 1000 CDL Tokens and earn more.

Coindeal Mobile Application:

Coindeal can be downloaded from both the App Store and Google Play. It is also available as a download client for both macOS and Windows. 

This application allows users to trade, access wallet, fund account, receive notifications and check transaction history on the go. Apps pleasing design further simplifies crypto trading with your smartphone.

Coindeal Affiliate Program:

Invite your family and friends to join the platform with your Coindeal affiliate link. And you can earn 20% in affiliate fees instantly for qualifying trades and purchases.

There are no limitations on the amount you can earn. Invite as many people as you like. The more people who create accounts and trade on Coindeal after clicking your referral link, the more payouts you’ll receive.

How to Participate in Coindeal Affiliate Program:

  • Register on CoinDeal.
  • Copy your unique referral link form affiliate program page.
  • Send the link to your friends.
  • Earn 20% from the fee on every transaction made by your friends.

Is Coindeal Safe and Secure?

Yes, Coindeal Exchange is one of the safe exchanges available. This exchange features a number of security measures such as:

  • The exchange built their system using microservices-based architecture.
  • They have introduced a private key signing system for each of our modules.
  • They require authorization through data that only their users know.

Conclusion:

It is evident from our review that the exchange is easily accessible, as it features a mobile app alongside its sophisticated website, which can be downloaded on their website. The website features various language translations including Chinese, English, German and Korean. It offers 24/7 customer support

The exchange is fully functioning 24*7 and facilitates companies to have separate accounts on the platform. The website design is simple allowing users to navigate it with ease.

Recent Updates:

  • On 24th March 2021, New DeFi project DeFiscale joined Coindeal. DeFiScale connects liquidity guaranteed by the most innovative technologies with profitability and security of tested and proven business models. 

Coindeal FAQ:

1. How long do the deposits and withdrawals take?

Withdrawal and deposits depend on the currency. However, the standard time of withdrawal/deposit is 1 hour.

2. Is it possible to cancel the pending order?

Yes, you can cancel the pending order.

3. What are the types of accounts that I can have?

At CoinDeal, you can create two kinds of accounts: private or corporate. 

4. Is it possible to be logged at the same time on multiple devices?

There is a possibility to be logged at the same time on multiple devices.

5. Can I own multiple accounts?

There is no possibility of having multiple accounts. However, in the near future, the exchange is planning to introduce sub-accounts functionality.

Coindeal Ratings:
  • Currency Support:
  • Online Reputation:
  • Trading and transaction fees:
  • Customer Support
  • Security
Overall
4

Pros

  • Enables highest-ever security standards.
  • User-friendly trading platform.
  • Allows fiat deposits from bank and credit card.
  • Competitive trading fees.
  • Engages users to gather their feedback through voting.

Cons

  • Limited range of crypto-assets.
  • Higher withdrawal fees compared to other exchanges.
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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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