Mandala exchange token (MDX) is a blockchain-based platform that allows new cryptocurrency traders to learn and trade crypto altogether. The platform empowers traders with trading tools like data analytics, indicators, community strategies, automated trading bots, etc. The users get access to premium features and receive discounts on various fees within the platform. Mandala solves the problems users face in the crypto exchange like a security breach, improper communication for new traders, and lack of supportive trading tools, etc. As a solution, the platform offers customer support for new traders, multi-language support for global clientele, chart tutorials, community engagement, and more. According to its whitepaper, the platform aims to bring mass adoption of blockchain technology globally.

The platform offers better risk management controls, simple know your customer (KYC) details to avoid anti-money laundering, and round-the-clock active support, etc. Mandala uses simple language and design for easy access of new crypto traders. For security breaches, the platform uses multi-signature wallets, anti-phishing alerts, third-party security audits, and withdrawal confirmation emails, etc. Further, the platform uses hardware wallets to keep the cryptocurrency safely and securely. Crypto hardware wallet is an electronic device that holds your private keys in an offline mode.

MDX is the utility token of the Mandala exchange token that runs on ERC-20 token standards. The token holders receive up to 75 oercent discounts on trading fees and access premium features on the platform. The platform users can also use MDX to pay for withdrawal fees, access advanced analytics, signals, trading bots, strategies, community platforms, tax reports, P2P marketplace services, and much more. MDX holders also have access to bot strategies, bot tutorials, risk/profit management, ideal trading zone, latest market updates, and detailed trading portfolio of the asset, etc.

Further, the users can earn up to 10 percent rewards via referral programs. The platform also offers other giveaways based on the user’s trading level.

Nate Flanders and Anant Handa co-founded the Mandala platform in Q1, 2017. The total supply of the Mandala platform is 400M.