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What is Coineal Token (NEAL)?

By Natalie Wu | July 23, 2021

Coineal (Coineal.com) is a cryptocurrency exchange launched in April 4, founded by a group of cryptocurrency investors and tech experts from South Korea and China. This is the first exchange created by the cooperation between the two countries in Korea and China to build a smarter and better platform to meet the needs of investors. Coineal was launched with its own token called NEAL.

Floor Coineal was built to make it easy for users to trade cryptocurrencies by simplifying the transaction process and reducing transaction fees. And the whole platform will be decentralized; Therefore, users ‘data will be protected from hackers’ eyes.

Users can get their NEAL tokens by buying them or mining them through a POW-like mechanism. The exchange will operate on a variety of nodes worldwide. Nodes will receive a NEAL token in exchange for their processed transaction volume. Furthermore, nodes will be required to participate in various aspects of floor governance, including democratic governance decisions.

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