The 'CoinDeal' Platform Lets Users Vote on Trading Options
Rahul Kalvapalle — April 3, 2018 — Business
References: coindeal & news.bitcoin
CoinDeal is a revolutionary new cryptocurrency exchange that is designed to address a lot of the problems that crop up on conventional exchange platforms. This platform makes use of a voting system to let users have their say on which new coins should be added to exchange. The service also places a high priority on safety, using CloudFlare security technology to protect users' funds and security information.
Many cryptocurrency exchanges have also drawn the wrath of customers for imposing unpredictable fees, a problem that CoinDeal aims to combat by letting users view all their fees in one place.
This convenience-focused cryptocurrency exchange ultimately aims to empower users to make better trading decisions, while eliminating the unwanted surprises associated with less robust trading platforms.
Many cryptocurrency exchanges have also drawn the wrath of customers for imposing unpredictable fees, a problem that CoinDeal aims to combat by letting users view all their fees in one place.
This convenience-focused cryptocurrency exchange ultimately aims to empower users to make better trading decisions, while eliminating the unwanted surprises associated with less robust trading platforms.
Trend Themes
1. Voting-based Cryptocurrency Selection - The use of voting systems in cryptocurrency exchanges enables users to actively participate in selecting new coins, leading to a more engaged and inclusive trading experience.
2. Enhanced Security Measures - Prioritizing safety through the implementation of advanced security technologies, such as CloudFlare, helps foster trust and protect users' funds and information in cryptocurrency exchanges.
3. Transparent Fee Structures - Providing a clear and centralized overview of fees in one place allows users to make more informed trading decisions and eliminates the frustration caused by unpredictable fees in cryptocurrency exchanges.
Industry Implications
1. Cryptocurrency Trading - The democratization of cryptocurrency exchanges and the implementation of innovative features like voting systems and enhanced security create opportunities for disruption in the cryptocurrency trading industry.
2. Cybersecurity - The adoption of advanced security technologies, such as CloudFlare, in cryptocurrency exchanges presents disruptive innovation opportunities in the cybersecurity industry aimed at protecting users' funds and personal information.
3. Fintech - The introduction of transparent fee structures and user-centric features in cryptocurrency exchanges can inspire disruptive innovations in the fintech industry, particularly in the area of online trading platforms.
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