Over the last two years, CoinDeal has established itself as one of the fastest-growing cryptocurrency exchange platforms in the industry. Offering a wide variety of pairings for some of the most popular cryptocurrencies, CoinDeal recently announced that they are now open for business in the United States, after having already established a strong customer base in Asian and European markets.
Initially, CoinDeal will be available to residents of the following states: Idaho, Illinois, Indiana, Kansas, Montana, New Hampshire, New Jersey, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin, and Wyoming.
U.S. users will have access to the following coin pairings:
- ETH/BTC
- LTC/BTC
- XRP/BTC
- EOS/BTC
- BCH/BTC
- DOGE/XRP
- BCHSV/BTC
- XMR/BTC
- USDT/BTC*
- TUSD/BTC*
- ZEC/BTC
*coin pairings not available to residents of the state of Texas
The exchange has plans to soon open CDL/BTC, CDL/EUR and CDL/USDT* to its US customers as well, with many more pairings to follow in the near future.
CoinDeal Launches Platform-Native CoinDeal Token
Recently, CoinDeal finished distribution of its system native coin, CoinDeal Token (CDL). Unlike most other exchange-based tokens, CDL was distributed for free to users of their exchange. Over 87,000 exchange users received a share of 514 CDL tokens which can be used to enjoy special perks associated with the exchange. The CoinDeal exchange pairing for CDL/BTC opened for trading on November 12th, 2019, with the price being solely dependent on the free market. In its first three days of trading, the CDL token saw over $100,000 in trading volume, making it a hot item for the young exchange.
“The CDL Token outperformed our wildest expectations,” noted Alex Strześniewski, COO of CoinDeal. “We knew that this new form of token distribution was unprecedented and the fact that 90% of tokens were given away for free to users meant that the entire value was left in their hands. I think that the $3,000,000 USD market cap is just the beginning and that the CDL will be able to follow in the footsteps of the most prominent tokens available.”
CDL is an ETH-based token, which means it enjoys all the benefits that the Ethereum blockchain has to offer, such as fast transaction confirmation times and low fees. A few of the benefits CoinDeal token holders enjoy include a reduction in trading fees (down to 0%), voting on the addition of future coin listings, priority customer support, advanced trading features, and access to a social trading platform.
Mobile App Released With Advanced Features
CoinDeal’s first mobile app is now available for both iOS and Android devices. Some of its benefits include trading, viewing 24-hour changes through customizable charts, and previewing all transactions before they are executed.
In addition, newly-developed trading features are now available in the PRO version of the CoinDeal exchange. One of these is the Galaxy Score tool, designed to help traders perform a full evaluation of the market before making the decision to execute a trade. It accomplishes this by providing real-time market data, market history, and social media sentiment for all coins listed on the exchange.
CoinDeal is a Malta-based company, registered with FINCEN in the United States under the Money Services Business Registration Number of 31000146609933.
Additional information about CoinDeal can be found through their social media profiles on the following platforms:
Twitter
Linkedin
Telegram
Medium
Reddit
Instagram
YouTube
Bitcointalk
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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