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Adedamola Adeniji photo
Ibadan, Oyo State, Nigeria
1 Level
188 Review
1042 Karma

Review on Mandala by Adedamola Adeniji

Revainrating 4 out of 5

Mandala's Partnership With Binance Has Made It Stronger and More Attractive To Users

Mandala a Crypto exchange after its temporary set back in 2017, as a centralized platform, staged a comeback partnering with Binance cloud to fooster the development of whitecable a platform that will host the exchange and it was relaunched in 2020.
Mandala makes use of MDX utility token for making orders trading competitions trading rebates and referral rewards.
It boasts of a World class matching engine with the acclaimed largest liquidity pool in world.
I found Mandala exchange to be operating in compliance with the strictest legal standards, that tells you that it is safe.
Interms of security, it is secured by Binance's state of the art security system while digital assets kept by Binance and SAFU.
It's fees are highly discounted and in line with industries average you have to check it out yourself



Pros
  • It is powered by Binance cloud.
  • Cheap fees.
  • It is the largest liquidity pool globally.
  • Funds insured are kept safe by SAFU.
  • Top notch industry matching engine.
Cons
  • Relatively New, it has yet no operational history.