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CoinDeal Joins the U.S. Market with Its Own CDL Token

Tony P. by Tony P.
November 16, 2019
in Latest News

CoinDeal has reached a new milestone by joining the U.S. market with its own token CDL and 13 other active markets. The platform, which has demonstrated that its customers are always at the forefront of its business, has been growing in popularity at a very steady pace.

In the first two years after its launch, the platform managed to attract more than 350,000 new users. By opening the platform for USA clients, CoinDeal attempts to ensure that it will continue to offer the same quality services as before. Currently, it has already received its USA registration documents issued by FINCEN, with the number 31000146609933, which serves as its official Money Services Business Registration Number.

What Makes CoinDeal a User-Friendly and Safe Trading Place?

  • It has its own CDL token. This token provides additional features to its platform users;
  • Offers high-quality services;
  • Platform users have a real say on the exchange’s development;
  • Offers a cost-efficient and attractive affiliate program;
  • Currently charges the lowest fees in the crypto market.

As earlier reported, CoinDeal has a good headstart in the United States that will see it trading in 13 states: Idaho, Illinois, Indiana, Kansas, Montana, New Hampshire, New Jersey, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin, and Wyoming. The platform aims to add another 12 in the future. Maybe one-day CoinDeal services will be available in all states.

Users can trade now on the following 13 active markets:

ETH/BTC, LTC/BTC, XRP/BTC, EOS/BTC, BCH/BTC, DOGE/XRP, BCHSV/BTC, XMR/BTC, USDT/BTC [not available in Texas], TUSD/BTC [not available in Texas], ZEC/BTC, and CDL/BTC. Soon, the platform has a plan to open CDL/EUR and CDL/USDT [not available in Texas], as well as more trading pairs.

CDL Token Market Goes Live

Earlier this year, CoinDeal chose to follow a path already been taken by other leading exchanges in the world – to create a unique token named CDL. However, unlike other tokens that already existed, this token was unique in that it was available at no cost at all.

The platform chose to distribute ninety percent of its entire token to active users. This means that 87,549 people were able to benefit from its issuance. Each user received 514 tokens. Currently, 514 tokens can be purchased for around $30.79. As of November 14, the CDL token was ranked at position 574 globally and had a total market capitalization of $2,436,634.

This is the equivalent of 279 Bitcoins. All the same, of importance is that since its inception, the exchange has never purchased tokens from the crypto market. Simply put, the market has been responsible for setting its prices.

Featured Image Source: Coin Traffic

Tags: CDL MarketCDL TokenCoinDealCoinDeal USA
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Tony P.

Tony P.

Tony is a writer and a crypto enthusiast. A graduate of creative writing, he synthesizes blockchain and cryptocurrency topics in a way he only can. Reach him on Twitter @wordsvan

Invest at your own risk notice : The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

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