Review on Coindeal by Věra Filipová
Exchange with staking for BTC
I started using this exchange because they offered fiat gateway and native token for lowering fees (I am a fan of native tokens). There were so many features that lured me in such as crypto card with their own design, staking feature (native token staked for BTC yield) and voting feature for new listings for more native tokens for free. I invested money to their native token because reasonable fees, liquidity and roadmap of the project. All of it seemed good.
The main issue is that they have not fulfilled a lot of targets.
They have stopped fiat gateway. They have lowered staking rewards and stopped voting feature for a while (resumed recently). They have not released the crypto card.
All these steps had a negative effect on their native token.
On the other hand they introduced derivatives trading.
I am still using the exchange as I still like their staking feature which is quite different that you can get yield in BTC (good opportunity to get BTC out of it).
They have improved with CDL token adding new trading pair to USDT.
I hope that in this bull run it will raise again as the main idea was viable.
Pros
- staking native token or BTC
- voting for new listing for rewards
- reasonable fees, liquidity and users
Cons
- some issues - such as pending crypto card
- removing fiat gateway
