CoinDeal, a Maltese cryptocurrency exchange, rolled out in thirteen states in the US market. The company, now been registered with FinCEN, will be allowed to serve traders in 13 states, including Texas, Illinois, New Jersey, Wyoming, Indiana, among others.
Users from these regions can trade using the 13 active tradings pairs currently enabled, but they are planning to add more markets, including CDL/USD and CDL/EUR. The exchange is also planning to open in twelve more states in the U.S in the future.
CoinDeal Exchange has not only been credited with confirmations and licenses in the U.S market; the company was registered under VQF to operate in Switzerland under the name CoinDeal Swiss. Its VQF license confirms CoinDeal’s financial credibility.
The exchanged launched its token CoinDeal Token abbreviated as CDL a couple of months ago. The current market price of the token is around $30,79 for 514 tokens. CDL was the native token to be issued free of charge globally. The company distributed 90% of the token to 87,549 investors, with each receiving 514 tokens. The price of the token was set by the market itself since CoinDeal did not buy any tokens for themselves.
The company also launched an Over-the-Counter (OTC) trading desk, where investors willing to trade in larger amounts can comfortably do so without adversely affecting the price of the token. Investors can trade CDL via OTC from as little as $10 USD, an equivalent of 0.001BTC, to 5BTC with as low as 0.7% commission spread between the sale price and the purchase price and unlimited liquidity. This offers an ideal opportunity for investors.
CoinDeal exchange prides itself on being a user-friendly and safe platform. Besides the company offering its users tokens of its own (CDL), CoinDeal has among the lowest fees in the crypto market. It has a cost-effective and attractive affiliate program that offers high-quality services to help promote the use of the exchange. Users have been given the liberty to influence on the development of the exchange through voting.
CDL is based on the Ethereum blockchain, which facilitates fast transactions for its users. The blockchain has a protocol called Greedy Heaviest Observed Subtree that supports the fast creation of blocks without breaching blockchain security. With CDL, users will enjoy additional features such as low trading fees, access to social trading platforms, customer support, voting rights, and advanced trading features.
CoinDeal also rolled out its mobile application that is compatible with Android and iOS systems. This will allow users to monitor the market 24 hours a day in real-time and preview transactions. The PRO version of the exchange adds advanced features such as the Galaxy Score, which helps investors analyze the market before making trades, offers social media comments and market history.
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