Basic and wonderful Mandala Exchange information (especially if you are a Whale)

dogtana

member

Activity: 845

Merit: 56

Mandala Exchangeis is now listed on CMC as exchange.

https://coinmarketcap.com/exchanges/mandala/

Jawhead999

legendary

Activity: 1820

Merit: 1207

Quote from: dogtana on August 01, 2021, 05:56:19 AM

Mandala does not have plans to lower the withdrawal limit without KYC.

Read this

Quote

Binance CEO Changpeng “CZ” Zhao said the world’s largest cryptocurrency exchange has no plans to follow Coinbase’s path and go public anytime soon.

https://www.coindesk.com/binance-will-not-go-public

Same isn't? He eat his words, Binance is become public and more regulated just same as Coinbace. So there's nothing impossible if Mandala will do that too in the future. In the end, centralized exchange always centralized (controlled) those non KYC strategys only temporary except the dr decentralized one.

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Quote from: dogtana on August 01, 2021, 05:56:19 AM

Mandala does not have plans to lower the withdrawal limit without KYC.

Yeah, they are probably just waiting for the regulators to come knocking at their door before they follow Binance. It's not really up to them.

Anyway, regarding whales, I doubt they haven't submitted their KYC prior to the latest announcement. When you think about it, they would not be using a CEX if they are trading large amounts of BTC (or Alts). To my knowledge, a whale has more than 2 BTC.

dogtana

member

Activity: 845

Merit: 56

With all due respect sir, you don't have to like it but don't spread false info when you no nothing about it. Mandala does not have plans to lower the withdrawal limit without KYC.

https://www.reddit.com/r/MandalaExchange/comments/ov5hjc/looks_like_mandala_is_not_lowering_2btc/

Jawhead999

legendary

Activity: 1820

Merit: 1207

This exchange is using KYC to able trade in the past and still didn't have any reputation yet [ MDX TOKEN ] | 🔥🔥Mandala Exchange is now LIVE!🔥🔥 | 25% Referral Program! 🎯 even already 3 years old but it didn't get listed on Coinmarketcap and Coingecko. I guess they don't want to expose their fake trading volume because 1.75 billion volume 24 hours on unknown exchange is unbelievable.

Now they partnered with Binance and said their operate the exchange same as Binance, offering 2 BTC withdrawal without KYC... Deja vu right? I didn't surprised if they will announce to limit the withdrawal become 0.06 BTC with basic verification.

dogtana

member

Activity: 845

Merit: 56

Here is a good short article about Mandala Exchange that especially whales will appreciate and we little fish will hope for some crumbs Grin

enjoy:

https://peakd.com/binance/@timcliff/why-users-are-using-mandala-exchange-to-trade-on-binance-with-lower-fees-no-kyc-up-to-2-btc-daily-additional-trading-pairs-and

Topic: Basic and wonderful Mandala Exchange information (especially if you are a Whale) (Read 83 times)