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Lokoja
4 Level
192 Review
1048.5 Karma

Review on Mandala by Thalhat Tee

Revainrating 5 out of 5

Just Like Binance, I'll call it the Father-Son Exchange

If you are a lover of Binance, then i guess Mandala exchange is going to intrigue you just Binance. Mandala exchange is a centralized exchange launched in 2017 and powered by the Binance Cloud. The exchange comes with guides and tutorials on how to trade, also not forgetting the fact that the exchange was built by experts in various fields of blockchain technology and IT making Mandala have a user friendly interface which is well adapted for desktops. Mandala has hence proven to be an exchange that will provide good user interface and great user experience. Well, I wouldn't finish this review if i dont look at the amazing fee structure of this exchange, Mandala just like its parent charges satisfactory and affordable fees for traders, Mandala goes as low as 0.1% fir every transaction made. There is no known fact to the number of transactions this exchange can process per second but i believe that it is also going to be at its best. Registering on this exchange was very easy, my email, password and a human verification were all that were needed for me to create my account. The exchange puts users security into great consideration, by adopting the two-factor-authentification to prevent users funds from any interference by third party and even use of Anti-phishing codes to be able to secure your account from scammers and thieves. Well, i initially went to the Telegram Community group, but i noticed that the exchange had been inactive for over a year not until i checked the exchange on Twitter where i sae how recent the exchange was, they even had a post 15 hours before i posted my review. I guess the fact that Mandala is from Binance has given it alot of edge over its counterparts and its various competitors. The exchange supports a long range of cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dogecoin, ChainLink, Polkadot, 1INCH, Compound token and even Mandala Exchange Token, MDX amongst a range of others. Mandala also supports alot of fiat currencies like USD, PLY, NGN, INR, MAD, RUB, NOK, AUD, JPY and KZT alongside a bunch of others. In the nearest future, Mandala hopes to introduce irs own trading bot which would make alot of sense, because users can manage their account from any messenger usually Telegram. The customer support is very active, Kudos !!!

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Pros
  • The trading fees here amount to 0.1%
  • User interface and user Experience are superb
  • The exchange has its own token, MDX
  • The exchange trades multiple cryptocurrencies and fiat currencies too
  • The customer support is nice
  • The exchange is very secure, be rest assured!
  • This exchange was created from Binance Cloud
Cons
  • The exchange needs to point out thay the Telegram Community group isn't functional anymore!!!