# Democratized Cryptocurrency Exchanges The 'CoinDeal' Platform Lets Users Vote on Trading Options By Rahul Kalvapalle | Published 2018-04-03 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/democratized-cryptocurrency-exchange References: [news.bitcoin](https://news.bitcoin.com/pr-new-cryptocurrency-exchange-market-coindeal-com/) & [coindeal](https://coindeal.com/) 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](https://www.trendhunter.com/trends/blockchain-service), 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](https://www.trendhunter.com/trends/octobot), while eliminating the unwanted surprises associated with less robust trading platforms. ## Trend Insights (Trend Hunter) - Score: 0.4/10 - Popularity: 1% | Activity: 3% | Freshness: 8% - Audience gender: 70% men, 30% women - Primary generations: Millennial, Gen X - Top markets: North America, Europe, Asia ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [New Ventures](https://www.trendhunter.com/newventures) ## Key Themes ### Key Themes Behind This Trend - **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. - **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. - **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. ### Where This Applies - **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. - **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. - **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. ## Related on Trend Hunter - [Cryptocurrency Savings Platforms](https://www.trendhunter.com/trends/coinwell-platform.md) - [Consolidated Cryptocurrency Platforms](https://www.trendhunter.com/trends/consolidated-cryptocurrency-platform.md) - [Standalone Crypto Trading Services](https://www.trendhunter.com/trends/revolut-3.md) - [All-in-One Crypto Management Platforms](https://www.trendhunter.com/trends/wallmer-cryptocurrency-platform.md) - [Marathon-Inspired Cryptocurrency Campaigns](https://www.trendhunter.com/trends/coinw.md) - [Next-Generation Cryptocurrency Ecosystems](https://www.trendhunter.com/trends/cryptocurrency-ecosystem.md) - [Low-Cost Crypto Exchange Tools](https://www.trendhunter.com/trends/coinzoom-cash.md) - [Decentralized Crypto Exchange Platforms](https://www.trendhunter.com/trends/dydx.md) - [Vote-Encouraging Coin Campaigns](https://www.trendhunter.com/trends/electoral-coins.md)