Trading Platform With Support for Beginners Aims to Achieve Full Compliance with the SEC

Announced in late 2017, the Mandala Platform aims to design and develop an easy-to-use trading platform for novice traders and inexperienced investors, all the while seeking full compliance as a digital asset exchange and engaging with the US Securities and Exchange Commission.

A major feature of the platform is a hardware wallet, a special electronic device for Mandala users that is aimed to keep and secure keys, passwords and coins offline.

Mandala introduces a functional token, MDX, which can be used to unlock and enhance platform features.

According to team representatives, while the Mandala platform has a fairly standard trading fee of 0.20 percent, MDX token holders will also be able to reduce this up to 80 percent, paying a nominal 0.04 percent.

The company plans to launch new tools and resources for MDX token holders, such as portfolio analytics, risk management tools, automatic and semi-automatic trade tools and signaling systems, Mandala's white paper reports.

The Mandala interface delivers basic tools and resources for beginners.

According to the white paper, Mandala's step by step resources and tutorials are intended to equip individuals with the tools and knowledge that can shift reactive strategies into proactive trading and investment decision making.

Regulation and full compliance with the SEC. The Mandala team plans to start the public MDX token sale on June 1.

Mandala aims to reach a softcap of $3 mln and a hardcap of $18 mln.

Beyond securities licensing, Mandala intends to acquire a Broker Dealer license and will register as an Alternative Trading Service with the SEC. Disclaimer.