A ROBUST YET EASY TO USE CRYPTOCURRENCY EXCHANGE-MANDALA

My first attempt at trading cryptocurrency a year ago was a sore one. An experience I won’t easily forget in my crypto career, I have just been taught fundamentals of crypto-trading and I was eager to start trading. I completed my buy order successfully and wanted to place a stop-loss for my assets but I couldn’t simply because I was new and there was no support or tutorial from the exchange on how to go about it; eventually it resulted into loss of trade. You will be amaze at the magnitude of crypto enthusiasts that have being kept away from the crypto space due to inability to understand and navigate the currently available crypto exchanges and subsequently this has impeded the rate of crypto adoption worldwide.

According to statistics there are only about 4.5 to 7.8 cryptocurrency traders globally while the market capitalization has been forecasted by experts to hit a massive $10 trillion in the next 15 years. To achieve this milestone, no doubt more crypto investors and traders are needed to provide the liquidity as well as investment in crypto assets. Unfortunately, the available exchanges provide little or no support regarding trading tools, no education for first time investors and are susceptible to attack by hackers due to inefficient security measures.

As of matter of fact, cases of fraud and theft are often associated with crypto-exchanges. In January this year, $548 million worth of NEM coins stored in a hot wallet by a Japanese exchange was lost to hackers; others headlines are shown in the screenshots below

It is based on this milieu that the Mandala team has come up with an innovative easy to use cryptocurrency exchange to address the numerous problems facing cryptocurrency traders and new investors in the system. The mandala platform is an all-inclusive platform that would allow users not just trading opportunity but also grant access to trading lessons on the platform. The lesson would cover how to use technical indicators, big data, fundamental analysis and automated trading bots in making intelligent trading decisions. Some of the amazing features of the Mandala trading exchange are highlighted below:

Multi-language support to accommodate traders from different climes globally*
Opportunity to trade digital asset of any kind
Customized and advanced APIs
24 hours operation
Both public and private blockchain are supported
Efficient scalable connectivity and trade engine
Easy registration including Know Your Customer and Anti Money Laudering compliance

The system interface is provided below

mandala interface.PNG

The Mandala Exchange Security Features
To ensure that users assets are secured on the platform, mandala exchange would include features shown in the diagram below and as well as a hardware wallet. The highest level of security for crypto assets is offline storage in physical wallet which makes it difficult for hackers since the private keys to the wallet are stored offline. Therefore, the mandala hardware wallet would allow offline storage of crypto assets offline.