The CDL is an internal exchange token that was created to create additional functionality within the cryptocurrency exchange platform that is CoinDeal.
A total of 50,000,000 tokens was generated in a one time Token Generation Event. No additional tokens will be created past this point, ensuring no more than 50,000,000 will ever be in circulation.
On 12 November 2019, after 5 months of giving the Tokens away for free, the first market for CDL opened. Right now you can trade in pair CDL/BTC and soon pairs like CDL/EUR and CDL/USDT will be added.
Tokens were claimed by 87 549 people and every one of them was given 100 CDL + additional 414 CDL. Which is more than 500 CDL Tokens per user! On the day of the opening of the market, the value of all Tokens was equal to 1 129 382 USD (382 BTC).
iOS application: https://apps.apple.com/pl/app/coindeal-bitcoin-buy-sell/id1482619122?l=
Android application: https://play.google.com/store/apps/details?id=com.coindeal
We are simply giving our token away to our users as a means of functionality - if a user will wish to purchase more tokens, they can do so in a peer to peer manner starting mid-November when the official CDL market will be launched on our platform.
Tokens created: 50 000 000
Tokens distributed: 45 000 000
CoinDeal Token (CDL) allows users an even better experience on our trading and investing platform. CoinDeal Token (CDL) is a cryptocurrency token issued on the Ethereum platform. To become the world’s best cryptocurrency exchange, we have to choose the technology, which allows for fast block creation times without compromising blockchain security.
The CoinDeal token will allow users to access additional functionalities within the trading ecosystem and will also be used for the decreasing of various fees. CDL will also allow for higher liquidity within CoinDeal and will give the opportunity to earn CDL Tokens by voting for a new cryptocurrency on the platform.
More about CDL Token features: https://token.coindeal.com/