An Exchange for the Everyman | Mandala (MDX)

Investing in the crypto market can be rough as someone new to the game, but a few right steps early on can lead a novice to immense knowledge. Mandala is a blockchain digital asset exchange in which users can barter selected (available) crypto currencies, and either hold or send assets in the interim. With the ease of use in its site navigation and set up, new users will be able to more easily adopt digital assets (as their main form of currency, eventually).

MDX Tokens:

Every ICO is represented by their coin, and Mandala will use MDX tokens via the exchange to allow users to not only invest, but to reap the rewards of everything the platform offers. Resources include (and are not limited to) premium functionality with such things as discounted fees and even bots for seamlessly instant trades.

The GroundBreaking Hardware Wallet:

As shown in the introduction video (posted below), Mandala will provide an extra layer of security to the user wallet by incorporating a hardware module with a required fingerprint scan. The prototype for this kind of security is absolutely brilliant, and it adds a new layer to blockchain technology becoming more and more real by the day.

Compliance and Security:

A couple of daunting issues with large exchanges in crypto's modern day 'Wild West' era is how breachable they are, and how they must constantly create 'hard forks' to correct the blockchain they work with. Many attacks on notable exchanges such as CoinBase and OpenLedger have been documented throughout blockchain's volatile run over the past few years, and occurrences such as this have left novice investors in the dust with much of their savings gone. Many heartbreaking stories of people losing tens of thousands of dollars (if not more) have been seen on Youtube and throughout the web, and it's honestly ashame they had to fall prey to such a crazy market with constant blood on the streets. Mandala aims to fix the errors of the old West, and create an easy to use and expertly protected exchange in which the novice and long time blockchain investor can both feel just as safe and comfortable.

WhitePaper Breakdown:

There are clearly defined measures that must be complied with (in order to run a legitimized and legal cryptocurrency exchange). On March 7, 2018, the U.S. Securities and Exchange Commission released a public statementregarding “potentially unlawful online platforms for trading digital assets.”

The following are the requirements set forth by the SEC in order for a digital asset exchange to be considered compliant:

• Register as a national securities exchange, or be exempt from registration.
• Register as an alternative trading system (“ATS”).
• Register as a broker/dealer.
• Register as a money transmitter in all U.S. states they plan to operate in (“MTLs”)
• Become a member of an SRO (if operating as an ATS)

The above excerpt was taken from Mandala's WhitePaper directly, and they are completely cognizant of the what needs to be done to remain a safe, and again, legal platform.

Key Features and Implementations:

• Enterprise-level matching system - Lean design and advanced risk controls
• Trading of any digital asset
• Support for public and private blockchains
• Support for custom digital assets
• Advanced & custom APIs
• Financial Integrations - Banking, settlement, and payment rails
• Multi-language support to attract global clientele
• Modular Design - Move and customize widgets on the platform
• 24/7 Platform - The system never sleeps, support for round-the-clock trading and supervision
• Institutional grade throughput and security
• Advanced order routing and order lifecycle management
• Extremely scalable connectivity and trading engine
• Simple and secure authentication for KYC/AML compliance
• Continuous Improvement & Updates - Quick support for new assets, modules and integrations

In Conclusion:

This is a solid ICO. I myself am constantly looking for the safest, and easiest to use exchanges since my investments have been lost to the exchanges I used just a year ago. Places like Coinbase and Bittrex forced me to send in identification only to tell me I could not be verified... and in turn I lost my investments and my information to a monopoly of distrust. In such a volatile market, Mandala will become the only constant. Chase the bull... to the moon!

Find Out More About Mandala Here:

Website
https://mandalaex.com/

Whitepaper
https://mandalaex.com/wp-content/uploads/mandala-whitepaper.pdf

Dashboard
https://dashboard.mandalaex.com

Telegram
https://t.me/mandalaex

Facebook
https://www.facebook.com/mandalaexchange/

Twitter
https://t.me/mandalaex

LinkedIn
https://www.linkedin.com/company/mandala-exchange/

Source Images: 1 2 3 4

This article was created in exchange for a potential token reward through Bounty0x