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Author Topic: Coindeal is it a full blown exchange  (Read 129 times)
rdbase (OP)
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September 09, 2019, 01:52:44 PM
 #1

I recently heard about coindeal from a crypto youtuber but he just had mentioned about it while talking about a different subject so didnt go into detail about what services they provide.
So my question is are they a crypto exchange like binance or kraken?
Or are they like uphold or cashapp where you can buy just a select few cryptocurrencies with credit card?
I wanted to get some others opinions about this company because I just heard about them a week ago and want to know if anyone else has be with this longer and what their experiences were when using them.

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OmegaStarScream
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September 09, 2019, 03:20:26 PM
 #2

If you check the CoinMarketCap listing, you'll see that they do have multiple altcoins but most of the trading volume is coming from BTC/fiat pairs.

For the payment methods, they allow Bank transfer, Skrill, Payeer, and Epay (depending on which fiat currency you're depositing with).

Personally, I see no reason to use this new platform, especially If you're going to deal with altcoins or USD/EUR/GBP as there are plenty of better alternatives. You can see reviews from users here[1][2].

[1] https://www.forexbrokerz.com/brokers/CoinDeal-Review (see comments)
[2] https://bitcointalk.org/index.php?topic=3168670.0

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matt7
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September 17, 2019, 10:28:13 AM
 #3

No, CoinDeal is regular and reliable exchange. If you do some research you will find positive opinions from users. This guy above me posted a site, where are 4 short shity reviews. It is quite fresh exchange, they are on the market for like half a year but imo they manage pretty well, recently they've entered the USA. There are a lot of trading pairs, good security standards, never had any problems with transactions or something.
OmegaStarScream
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September 17, 2019, 10:48:38 AM
 #4

No, CoinDeal is regular and reliable exchange. If you do some research you will find positive opinions from users. This guy above me posted a site, where are 4 short shity reviews. It is quite fresh exchange, they are on the market for like half a year but imo they manage pretty well, recently they've entered the USA. There are a lot of trading pairs, good security standards, never had any problems with transactions or something.

I'm not saying that there are no good reviews, I'm just saying, that unless he's dealing with certain fiat currencies, there are better alternatives out there.

Also, the way you're advertising the exchange with is not going to bring you much credibility because it definitely looks like you're more of an official representative than a user of the platform.

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milewilda
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September 17, 2019, 07:16:20 PM
 #5

No, CoinDeal is regular and reliable exchange. If you do some research you will find positive opinions from users. This guy above me posted a site, where are 4 short shity reviews. It is quite fresh exchange, they are on the market for like half a year but imo they manage pretty well, recently they've entered the USA. There are a lot of trading pairs, good security standards, never had any problems with transactions or something.

I'm not saying that there are no good reviews, I'm just saying, that unless he's dealing with certain fiat currencies, there are better alternatives out there.

Also, the way you're advertising the exchange with is not going to bring you much credibility because it definitely looks like you're more of an official representative than a user of the platform.
Out of those purple highlights on the screenshot you had provided then theres no doubt that this one is part of the team. Cheesy
Basing on CMC rankings this one is on rank 90 and i cant see a reason why i would use up this exchange if there are top ranking ones?
As said even on FIAT pairs there are exchange which is more worthy to be used on than on this one.

Prateek_sharma
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September 21, 2019, 09:30:10 AM
 #6

Hey Did you know? Recently i have been researching about coindeal exchanges, as i have found coindeal review in which i come across that coindeal is one of the leading crypto exchange in the crypto space and other lot of information about coindeal exchange.
Pipdips
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September 21, 2019, 08:31:05 PM
 #7

I do not just go and start experimenting with new exchanges all Willy Nilly.  Currently I am using Coinbase Pro.   I am in the USA.
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