Mandala Exchange will list Mina (MINA) and Raydium (RAY) and will open trading for MINA/BTC, MINA/BNB, MINA/BUSD, MINA/USDT, RAY/BNB, RAY/BUSD and RAY/USDT trading pairs at 2021-08-10 06:00 AM (UTC).
- Users can now start depositing MINA and RAY in preparation for trading
- Withdrawals for MINA and RAY will open at 2021-08-11 06:00 AM (UTC)
Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.
What is Mina (MINA)?
Mina is a layer-1 blockchain protocol built to curtail computational requirements in order to run dApps more efficiently. The size of the Mina blockchain is designed to remain constant at 22kb, regardless of growth in usage. MINA is the native utility token of the platform and is used for network transactions, staking rewards, and block production.
What is Raydium (RAY)?
Raydium is an automated market maker (AMM) built on the Solana blockchain. The project leverages the central order book of the Serum Decentralized Exchange (DEX) to enable fast trades, shared liquidity, yield earning opportunities and new project launches. RAY is the native utility token of the platform and is used for liquidity mining incentives, staking, eligibility for new project launches, and participation in future governance.
Reminder:
MINA and Ray are relatively new tokens that pose a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to each project's fundamentals, and fully understand the project before opting to trade the token.
Details:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Mandala Exchange will make the best efforts to choose high-quality coins but will not be responsible for your trading losses.
Thank you for choosing Mandala Exchange for your crypto trades.
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You can find the Binance official announcement here:
https://www.binance.com/en/support/announcement/1109860f79f14ebaabe7086b863a90a2
You can find the Binance official announcement here:
https://www.binance.com/en/support/announcement/1109860f79f14ebaabe7086b863a90a2