CoinDeal’s increasing popularity is rising fast along with its rapidly growing user base. The exchange will soon be available in several states in the US. It has launched the CoinDeal token (CDL) and a free giveaway for its 300.000 current users and 150.000 new users.
CDL Token
It’s an amazing opportunity to start trading for free on one of the premier global exchanges with various benefits. The token will also provide more liquidity on CoinDeal for more crypto and fiat pairs. Only the first 450.000 users will receive CDL tokens. This giveaway is unique since most token projects give only 5-7% of their supply to the users via bounty programs and other mechanisms; however, CoinDeal has decided to give their users 90% of all tokens in circulation. Something of this magnitude is unprecedented and may very well create a totally new token distribution model.
Says business development director Alex Strześniewski,
“This is the culmination of over 12 months of work, and we are incredibly excited to finally share this moment with our users.”
If you already have a fully verified account on CoinDeal you just need to log in and click the pop-up for information regarding CDL tokens.
Tokens will automatically appear in your wallet. CoinDeal claims that after the giveaway is completed and all tokens have been distributed to the users, it will launch a variety of crypto and fiat pairs. The total supply is 50,000,000 tokens which have been created on the EOS blockchain, boasting much faster transaction times as well as drastically smaller network fees compared to most ERC20 tokens.
Says CEO Adam Bicz,
“We have chosen the EOS blockchain mainly because of the large number of transactions per second that are possible on this network. EOS can process about 3,000 transactions per second. We plan for this token to be the lifeblood of our exchange and so the bandwidth should reflect that.”
How to get free CDL tokens?
- Register on CoinDeal
- Go through the verification process (ID and proof of address)
- Click “Get Free Tokens”
- Check Your Wallet
All interested in the CDL token should act fast, as the number of tokens is capped and the necessary verification level to receive tokens via CoinDeal.com may take up to a few days.
Says Strzesniewski,
“The CDL token will be the backbone of CoinDeal and that’s why we want to give it to our users for free. These tokens are meant to be used. We didn’t want to create something that has no value and try to make money off of it, like you’ve seen with many ICOs.”
CDL Benefits
- Decreased trading fees
- Customer support/Fast Pass priority
- Multi-tier token staking system can decrease fees to 0.000%
- Advanced trading features
- Social trading platform access (planned for 2020)
Staking over 150,000 CDL will give you a 0.0000% maker fee and a 0.0250% taker fee. After completed distribution, CoinDeal will start buying back CDL tokens on a monthly basis.
You can gain more from this giveaway by sending your friends a referral link that you can copy from your account. You will receive 20% of their trading fees and they will automatically get free tokens after creating a CoinDeal account.
Says Bicz,
“We actually created a system where staking 150,000 CDL tokens and over will give a maker fee of 0.000%.”
Expanding into the US
The US market is the next step in the development of one of the largest crypto-fiat exchanges in Europe. It is a really important step because this market is a huge opportunity. According to research, while more than 40% of the US population is open to cryptocurrency, few US stock exchanges are meeting the growing demand. CoinDeal plans to overcome this challenge with its offer.
Says Strzesniewski,
“The US is the land of opportunity, and this may very well be the defining moment in our company’s history.”
Traders in the states can start using what the exchange offers – not only crypto-to-crypto exchange and registration on CD but also the newest CoinDeal promotion with free tokens.
CoinDeal was founded over a year ago by three Poles. Rapid growth on the European and Asian markets was just the beginning. At the request of the users, CoinDeal decided to obtain all the necessary licenses and permits to open trading to American citizens. Expanding into the US market has quickly become the priority for CoinDeal’s executives as they believe the potential of the US crypto market is unparalleled.
Says Bicz,
“We’ll be available in around 14 states to start. Shortly thereafter we will be adding an additional 12. If all goes well, we should continue this expansion, adding the USD by year’s end in select states.”
CoinDeal will be available in about 14 states to start including Indiana, Idaho, Kansas, Montana, New Hampshire, New Jersey, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin and Wyoming. More will be announced soon. Another 12 states will follow, allowing users to trade.
Currently, the platform allows users from the majority of the US to register and receive free CDL tokens.
CoinDeal is actively pursuing all necessary licenses to be available in over 40 states with a USD pairing by 2020.
Taking care of CoinDeal’s Premier League friendship
CoinDeal and the Wolves are renewing their contract for the 2019/2020 season following a very successful cooperation in 2018/2019. The CoinDeal team highlights its collaboration with the Wolves as one of the biggest and brightest marketing ventures in the development of the exchange.
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This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.
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