Founded in 2018 by Kajetan Maćkowiak, Adam Bicz, and Alex Strześniewski, Coindeal is a controlled exchange. As a result of their work on several other brands and marketing initiatives, all three of them have expertise in the blockchain sector. The Swiss Financial Services Standards Association in Switzerland oversees the exchange’s operations. Additionally, it has a FinCen registration in the US. The Coindeal exchange is always growing its facilities and providing its customers with cutting-edge services. The exchange provides its services in more than 150 nations, and it has websites in many different languages, including English, Russian, Korean, Chinese, German, and Polish.
Investment programs, available markets, and crypto exchange products
The cryptocurrency exchange CoinDeal provides a staking-based investing scheme. You lend your money to exchange partners who also need loans for their blockchain ventures. Follow the relevant instructions, register and verify on the exchange, choose the currency, and enter the desired amount to invest. Currently, CDL, BTC, and USDT are the three assets that are accessible for investing. The present scheme has a cap on deposits. A calculator that lets you determine the profit based on the asset and the deposit amount is also available. Money is blocked on your account rather than being officially deducted from it. You may unfreeze the freeze deposit whole or partially after 72 hours from the time you specified it. For CDL, the profit is 8% annually, while for BTC and USDT, it is 2%. The programming flexibility allows for the deposit to be unfrozen at any moment, so interest is constantly computed and permanently sent to your primary account. For stake transactions, the website does not charge fees. For whatever length of time, a trader may invest in all three cryptocurrencies simultaneously.
The affiliate program for CoinDeal
On a fundamental level, the CoinDeal referral program is similar to that of the majority of other cryptocurrency exchanges. Following registration and verification, each user is provided with a unique referral link. It may be posted without limits on any website. Your referral is a trader who clicks on your link, registers, and validates their account on the platform. Any number of referrals is acceptable. The program is currently single-level, meaning that you only profit from your recommendations and not from those of your partners. As long as your partner trades on the website, you may earn money via the referral program. You get 20% of the commission costs on each transaction the referred client makes after making the first deposit and starting to trade. Each month, money will be gathered in a dedicated account and remitted to your account. There are no fees or limitations on how they may be used.
VIP Group
The exchange will automatically welcome you into the VIP club if you invite more than 100 currently active members. VIP club members get additional terms:
- You start earning 4% from commissions of second-level referrals, in addition to 20% from first-level referrals.
- On all commissions, you get an additional progressive discount.
- You’ll be able to contact a dedicated technical support manager.
- Your application Is prioritized above others.
- Additionally, you will be the first to get analytical mailings.
Trading requirements for users of CoinDeal
New traders use the CoinDeal bitcoin exchange because there is no minimum deposit requirement. This indicates that you may start trading with any amount in any asset following verification. The absence of leverage for margin trading is considered a disadvantage by some seasoned traders. The website’s technical assistance is available around-the-clock, but you can only reach it via the website. There is no phone number or email address listed for the business.
Commissions and fees for CoinDeal
On one bitcoin exchange, trading commissions come in three different flavors. For the maker/taker, the standard account commission is 0.29/0.39%. VIP-club member commissions are 0.2/0.3% for the maker/taker and 0.25/0.35% for premium account makers/takers. Additionally, commissions are affected by the user’s level. The level is often decided by the number of trades, however, on CoinDeal it is based on the volume of CDL coins held in the account. Since there are no coins in the account at the zero level, the commission is more than the normal account’s allocated fee of 0.29/0.39%. The fee for the maker/taker at the highest level, ninth (with about 150,000 CDL on the account), drops to 0.05%/0.125% with an increase in the CDL on the account. Although there are withdrawal costs that vary depending on the exchanged asset, the website doesn’t charge any fees for deposits made in cryptocurrencies and fiat money. For withdrawals in EUR, the cost is €9, while for withdrawals in USD, the fee is $9. Please be aware that there is an inactivity fee levied by the exchange. The exchange will take 9 USD + 0.79% of the monies deposited to your account starting with the most recent deposit if you haven’t performed any transactions and the balance on your account surpasses 0 within 6 months. The subsequent monthly inactivity fee will be applied until the account balance is zero or you resume trading, whichever comes first.
