Cryptocurrency exchange CoinDeal was launched early in 2018 and within 3 months of opening their doors to traders, the company is already processing daily trading volumes of $3 million.
CoinDeal was founded by Polish cryptocurrency and blockchain entrepreneurs Adam Bicz, Filip Dzierżak, and Kajetan Maćkowiak. Bicz and Maćkowiak have led projects like buycoinnow.com – a service to buy bitcoins with fiat currencies via credit card and Paycoiner.com – a cryptocurrency payment gateway.
After gathering necessary knowledge on the cryptocurrency community’s needs, the team decided to release a product they view as a solution for many common problems in the cryptocurrency industry.
“It is important to understand the other side of the business. I think it’s our key to success,” explains Maćkowiak.
The CoinDeal team believe:
“To trade with digital assets, it is necessary to find a trusted and professional place to sell and buy them. That’s why, CoinDeal, an innovative cryptocurrency exchange platform, has been created.”
CoinDeal has focused on addressing three fundamental issues; safety, the community, and future development. Its active community helps to decide on the future development of the platform.
“Thanks to the affiliate program and “vote for a new cryptocurrency” system, the community is becoming stronger every day. Users of CoinDeal can not only invite their friends to join the platform and gain part of their trading fee, but also decide which cryptocurrencies will be implemented to trade with.”
The new cryptocurrency exchange currently offers 20 trading pairs to users, including Bitcoin (BTC), Ripple (XRP), and Euro (EUR).
“This number is still increasing,” say CoinDeal. “The creators of CoinDeal also care about our user’s opinion. The proof is the implementation of FTO/EUR when the original pair FTO/BTC hit the trading volume record on CoinDeal. To provide better trading experience, CoinDeal as one of the first, implemented the pair SHND/XRP.”
Users can enter the CoinDeal market using fiat currency, currently EURO. It has a 24/7 multilingual support team, so users can report issues in English, Chinese, or Polish. All materials available before logging in are in English, Chinese, German, and Korean. CoinDeal also plans to launch Polish and Russian language versions of the exchange.
Bicz, Dzierżak, and Maćkowiak are keen to be known and recognised alongside their CoinDeal platform, so they recently attended Consensus 2018 in New York. While there they held a number of meetings as part of plans to obtain a license to operate in the U.S, allowing U.S citizens to freely invest and trading using the platform. CoinDeal has also applied to Swiss regulators and hopes that by providing the highest level of security they’ll soon be able to offer their platform to Swiss cryptocurrency investors.
The CoinDeal team encourages cryptocurrency investors to read the security standards on the CoinDeal website, Bicz stresses:
“As a programmer, the highest level of security is the most important for me. Every business dealing with its users’ funds should keep it in mind.”