Cryptocurrency is becoming more popular these days, traders, and investors are also taking full advantage of this new currency.
Due to this, many crypto lovers keep searching online for the best exchanges where they can store the coins for future use, trade, buy and sell any crypto on their preferred exchange.
One of the most popular and highly endowed cryptocurrencies on earth is Bitcoin.
Bitcoin over the past years has gone through some ups and downs, but as to how the price surged all the way from 1$ up to $19,960 in the year November 2017 still begs the question, what actually caused the price to shoot up so high?.
Well I’m not much of a crypto lover and to be honest, I don’t know how this really occurred.
Bitcoin caught lots of attention from all the over world, people who were never into trading crypto bought the coins in large amounts, kept them in their wallets and waited for the price to shoot hoping to get more returns.
In fact, that was the motive behind crypto but the whole idea was wrong and misunderstood by many.
Instead, companies should have encouraged investors to mine the coins so that more will be distributed sufficiently enough.
Bitcoin is now brought down from $19,960 to $4,000 as I speak to you now. Currently, the price is not stable but is increasing on a steady pace, at times it fluctuates and drops, so I cannot guarantee the potential at this moment.
But the truth of the matter is, bitcoin still lives and will continue to be the number one crypto on the planet.
I don’t want to dig much into crypto let’s end it here.
The main reason for writing this article is to help you find the best exchange platform online.
If you are planning to use bitcoin or any other crypto in the near future, then you need a crypto wallet with tight security to keep your coins safe with strong password and a valid authenticator.
I can only recommend one exchange platform for you and that is coindeal, In this article, I will give you the required steps taken to complete the coindeal registration process and also the verification procedure which will be discussed in the latter part.
Why Coindeal and What is it?.
Coindeal is a currency exchange platform just like the other exchange platforms where you can buy and sell cryptocurrencies or even exchange fiat currencies.
What I like about it is that, the fees are very low and it’s not too expensive at all.
With CoinDeal, you can trade cryptocurrencies and other foreign currencies from all over the world.
What are some of the cryptocurrencies and fiat currencies supported on coindeal?.
At this point, you can trade with;
Coindeal keeps introducing new cryptos systematically based on the community’s feedback.
If you wish to bring your own cryptocurrency to the platform, then coindeal is best for you, they are ever ready to accept your coin.
With coindeal, it is possible to deposit and withdraw EUR, GBP, USD, PLN, and RUB.
In the near future, coindeal will implement more fiat currencies.
Coindeal is available worldwide, however, residents from the U.S and countries listed below “cannot” trade on the exchange just yet.
List of countries:
Central African Republic
Democratic Republic of Congo
Now, I’m going to show you how you can verify your coindeal account successfully. The process is very easy, just follow instructions carefully.
How to create an account
To sign up, you have to click create account or go straight to the registration page.
In the registration window, please input your email address and your unique password.
Remember, the password should have at least 8 characters, use upper and lower case letters, numbers and non-alphanumeric keys.
Next, read and agree to the terms and conditions, then decide if you want to receive marketing communications from Coindeal, select the country you come from and preferred language.
Fulfill the captcha and click the button “Create account”.
After that, coindeal will send you a verification email (please check the SPAM folder as well).
If you have not received the email, please select an option “didn’t get an email”
To complete registration, click the verification link attached to the email which will take you to another window.
create account with coindeal
Fulfill your personal information including phone number. Then you will be asked to confirm your number and set up Google Authenticator to make your account more secure.
Verification process is done through automated systems and, usually it takes few minutes to complete, in rare cases it may take a couple days, 2 weeks I would say (in case of the manual verification needed).
This is often caused by unreadable documents that were provided.
Therefore, to make sure your application is well processed and accepted, please make sure that you:
1. Use your legal name and surname( both names should correspond or match the same information on all your documents).
2. Use your full, current address.
3. Take picture of you and your ID clear and readablec, heck if you pictures are well-lit.
To process identity verification you will be requested to upload:
4. Scans of both sides of your ID card or passport identity verification photo (picture of you, the account owner, with your ID held in one hand).
5. Proof of residential address – it’s best to submit a picture of formal mail (note, bank statement, utility bills) with your name and address, selfie (photo of you) with a piece of paper with current date and signature.
Please remember to pay attention to the quality of the image and visibility of all the details you have provided.
Your face and the ID should be clearly detectable and any text, numbers or photos on the ID card must be readable and not covered by fingers.
It’s important to remember that coindeal can only speed up your verification process (verify coindeal account successfully) by depositing an amount of $199, if you don’t want to wait that too long this is the only way to beat the long queue.
I personally didn’t like to wait so I decided to pay for a premium account, just to get some extra features and faster verification.
Note very well that, after you verify coindeal account successfully, store your password and the authenticator address in a safe place.
Do not use the same password you created for coindeal on other third party sites, this is very critical for your safety.
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