Introduction
Coindeal launched in 2018 in Malta as a centralized exchange bridging crypto and fiat. It offers over 20 cryptocurrencies, multiple fiat pairs, and a native CDL token for staking, governance and trading perks.
User journey
Users register and pass KYC, then access a clean interface with fiat onramps and visible markets. Staking and VIP options are clear, but liquidity often feels shallow, limiting larger trades. Security features like SSL, cold storage and 2FA reinforce a compliance-driven feel.
What you can do
- Trade 20+ cryptocurrencies against EUR, USD, GBP, PLN, RUB, KRW and more.
- Stake CDL tokens for up to 11% rewards in CDL, BTC or USDT.
- Cut fees through staking or VIP levels.
- Use OTC desks, referrals and private support for higher volumes.
- Vote on coin listings through community governance.
Highlights
- Fiat + crypto access for easy entry.
- Utility CDL token for staking, governance and discounts.
- Community-driven listings and reward schemes.
- VIP program unlocking OTC trades and special support.
- Security stack with SSL, cold storage and 2FA.
Risks
- Low liquidity, with daily volumes in the low thousands.
- Inactivity fee - 9 USD after six months of no trades.
- Weak CDL token value with limited market relevance.
- Reputation damage after fraud scandals tied to the brand in 2023.
Quick overview table
| Feature | What You Get |
|---|---|
| Launch & Base | 2018, Malta |
| Trading Options | 20+ cryptos with multiple fiat pairs |
| Token | CDL for staking, governance, discounts |
| Staking Yield | Up to 11% in CDL/BTC/USDT |
| Community | Voting, referrals, listing governance |
| VIP Program | OTC, lower fees, private support |
| Liquidity | Often shallow, low daily volume |
| Reputation | Weakened by scandals |
Final word
Coindeal began as a promising European exchange with fiat access, a utility token and community features. Over time, low liquidity, hidden fees and reputational issues eroded its standing. For small users or niche listings, it can still serve, but for serious traders, safer and more liquid venues are the wiser choice.