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Coindeck Cryptocurrency Exchange Review

Coindeck is a newly-launched cryptocurrency exchange that went live in 2020 with the goal of bringing crypto to the masses by offering a simple way to learn about, buy, and sell crypto. The exchange aims to reshape the way that people invest in blockchain assets by offering a more pared down, more secure, and quicker way to buy crypto.

Currently, users can purchase four cryptocurrencies through Coindeck: Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Tether (USDT). All of these coins rank among the top twenty cryptocurrencies by market capitalization, making them a good choice for new investors.

Security and Usability

One of the biggest challenges for crypto investors is choosing an exchange that balances security and usability. Coindeck offers both those features through its new crypto exchange.

Coindeck protects user data with several security features, including fraud detection, data encryption, and identity protection. The company also has a robust privacy policy, ensuring that your personal data and transaction history are safe.

It’s also worth noting that Coindeck is registered as a virtual currency exchange service in the Slovak Republic thereby ensuring the proper oversite and regulation.

Crypto Wallets?

Coindeck is not a cryptocurrency wallet and does not provide custodial services. Instead, Coindeck allows users to store cryptocurrency that they purchase through the site in their own wallet. This approach gives users a choice of different methods for crypto storage (cold or hot wallet) and also gives them the ability to maintain direct control over their crypto funds rather than the exchange holding their funds directly. This method is considered more secure and more private.

Payment Methods

Coindeck offers several different ways to purchase cryptocurrency. With Coindeck, you can make your purchase via:

  • credit card
  • bank wire
  • Klarna
  • or Interac

*Support for Apple Pay is also pending.

Onboarding and KYC

Though you will need to verify your personal information the first time you buy crypto on the site, Coindeck offers a streamlined process balanced with measures that improve account safety. The amount of personal information needed depends on the size of your order.

Top Features

  • Reliable customer support
  • Several payment options
  • Instant transactions
  • High-level security

The exchange’s dedicated customer support team can also be contacted 6 AM – 8PM GMT Monday to Friday, via toll-free phone call or at any time via email. Users can also visit the site’s help desk around the clock.

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