MDX Token

Mandala has created a dynamic trading environment whereby the Mandala Token (MDX) functions to provide specialized trading capabilities, referral rewards, and trading rebates.

MDX

Ticker

ERC-20

Token Type

400m

Total and circulating supply

0x947AEb02304391f8fbE5B25D7D98D649b57b1788

Contract Address

Fee Rebates 

Mandala Exchange users receive trading fee rebates by locking MDX on the platform. Details of the rebate program are listed in the table below.

  • In order to receive trading fee rebates or unlock platform enhancements, users must lock the required amount of MDX token in their Mandala Exchange wallet for a period of 30 days or greater.

 

  • After the 30-day locking period, users will receive their trading fee rebates via a credit to their Mandala Exchange wallet in the same currency in which the trading fees were originally collected. 

 

  • Trading fee rebates will be paid on a rolling 30-day basis based on the user's locking period date.

Referral Program 

Inviters can choose to share a portion of the commissions received from the trading fees of the friends they invite as a reward. Inviters can set the sharing rates as follows: 
 

  • If the inviter’s daily average MDX account balance is less than 80,000 MDX and their base referral rate is 5%, they can choose to share 0% or 2.5% with invitees.
     

  • If the inviter’s daily average MDX account balance is 80,000 MDX or more, their base referral rate is increased to 10%, and they can choose to share 0% or 5% with invitees.

Exotic Order Types 

MDX Holders will be able to access advanced order types not available to the general public. 

Futures/Margin Fee Rebates 

The Trading Rebate system also applies to Futures/Margin trading. 

Trade Competitions

To be eligible for trading competitions, users will be required to hold various tiers of MDX depending on the prize package and at the sole discretion of Mandala Exchange Ltd.  

Access to Trading Bot 

Community may access trading bots in conjunction with the Mandala Exchange, provided they hold MDX tokens.  

Giveaways 

To be eligible for certain giveaways or similar promotions, users will be required to hold various tiers of MDX at the time of the promotion. Tiered token holders will be allowed entry at the sole discretion of Mandala Exchange Ltd.  

Social Trading & Leaderboards 

In order to access the social trading features of the Mandala platform users will be required to hold a certain amount of MDX. 

Listing Fee Requirement 

Projects wishing to list their asset on the Mandala platform will be required to pay a % of their listing fee (if applicable) in MDX as well as maintain a balance in MDX via hot or cold wallet.  

Fiat On-Ramp  

Users will receive discounted fiat on-ramp processing fees based on their MDX holdings.

Everything described herein is subject to Mandala Exchange Ltd.’s Terms and Conditions.

Mandala Exchange Ltd. reserves the right, at its sole discretion, to change, modify, add, or remove portions of these Terms at any time by posting the amended Terms. Please check the Terms and Conditions on the Mandala Exchange website periodically for changes.

Mandala is a leading digital asset trading platform with the largest liquidity pool in the world. We make it easy for everyone to trade cryptocurrency in a secure compliant manner.

© Mandala Acquisition LLC Copyright 2020

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