The CDL is an internal exchange token that was created to create additional functionality within the cryptocurrency exchange platform that is CoinDeal.
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 for far more pairings with cryptocurrencies and fiat currencies. The CoinDeal Token will allow for decreased trading and withdrawal fees. When margin trading and leveraged trading will be introduced on the platform, partsof the fees will be able to be paid in CDL. Staking a certain amount of CDL will allow users to further decrease their trading and withdrawal fees even further, the exact amount needed for staking and the percentage decrease in fees will be announced at a later date.