Review on Coindeal by Fanuel PORPORTY

Name: Coindeal
Item: Coindeal
Rating: 3

February 28, 2020

Coindeal, Cryptocurrency exchange

CoinDeal is a cryptocurrency exchange platform created in March 2018 in Malta. The exchange was founded by Adam Bicz, Filip Dzierżak and Kajetan Maćkowiak. In addition, the exchange has already gained great popularity in the world market. In addition, the exchange was ranked among the best cryptocurrency exchanges in the world. In addition, Coindeal occupies the 48th position, which goes to Coinmarketcap.
The team is made up of crypto enthusiasts who strive to create modern and disruptive blockchain technology. In addition, the exchange offers a variety of coins and the best coins in the crypto world.
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Pros

Highly secure and verified
variety of altcoins
Solid platform
CoinDeal has a nice trading platform, which has some charts and charting tools, an order book and a recent orders list. Many of the cryptocurrency exchanges, particularly the ones offering the simple buy and sell option, do not bother with a proper trading platform.

Cons

CoinDeal does not allow anonymous trading on its platform. Users need to provide their full name, address, a copy of an ID document, an ID selfie, a current photo with a signature and a proof of residence.
CoinDeal does not have mobile trading application (yet), but says it is working on developing it. Now clients can trade through the mobile-supported web platform.
CoinDeal does not offer leveraged trading, similarly to most cryptocurrency exchanges. The investors who are more interested in speculating on the prices, rather than owning the coins, should rather sign up with a regulated forex broker that offers leveraged trading on CFDs with cryptocurrencies as an underlying asset.