Mango Markets Cryptocurrency Exchange Review : Pros & Cons

About Mango Markets

Mango Markets is a financial trading platform, where individuals and institutions can buy and sell financial instruments such as stocks, bonds, currencies, commodities, and more. The platform operates as an online brokerage, allowing users to trade on financial markets from anywhere in the world, using a computer or mobile device with internet access.

Mango Markets provides its users with access to a variety of trading tools, including charting and analysis tools, market news and research, and access to advanced trading algorithms. The platform typically charges fees for its services, such as trading commissions and other charges, although these may vary depending on the specific features and services used.

It’s important to note that trading in financial markets involves a significant amount of risk, as the value of your investments can fluctuate rapidly and unpredictably. Before using a platform like Mango Markets, it’s important to thoroughly research the financial instruments you are interested in trading and to understand the risks involved. It’s also a good idea to seek advice from a financial professional or to consult with a trusted advisor.

Information Table

How To Register At Mango Markets Exchange?

To register on Mango Markets, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your Mango Markets Cryptocurrency Account ?

There is no mandatory verification at Mango Markets, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 30,000 yen. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Mango Markets, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Mango Markets Crypto Exchange?

There are two main options for topping up your balance on Kraken. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From Mango Markets Exchange?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your Mango Markets Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Mango Markets Fees

Mango Markets typically charges fees for its services, including trading commissions and other charges. The specific fees charged by Mango Markets can vary depending on the type of financial instruments being traded and the specific features and services being used.

Trading commissions

Mango Markets may charge a commission on each trade executed on the platform. These commissions can vary depending on the type of financial instrument being traded and the size of the trade.

Account maintenance fees

Mango Markets may charge a fee for maintaining an account on the platform, which can include things like account management and other administrative services.

Inactivity fees

Mango Markets may charge a fee for inactive accounts that have not executed any trades for an extended period of time.

Withdrawal fees

Mango Markets may charge a fee for withdrawals of funds from an account.

Serum Spot Fees

Features Of Mango Markets Crypto Exchange

Available At Android & IOS Store

Mango Markets Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.

Access to multiple markets

Mango Markets provides access to a variety of financial markets, including stocks, bonds, currencies, commodities, and more.

User-friendly interface

The platform has a user-friendly interface, making it easy for traders of all experience levels to navigate and execute trades.

Advanced trading tools

Mango Markets provides its users with advanced trading tools such as charting and analysis tools, market news and research, and access to advanced trading algorithms.

Mobile trading

The platform has a mobile app that allows traders to execute trades and monitor their portfolios from anywhere, using a mobile device.

Fast execution

Mango Markets has a fast execution system, allowing traders to place trades quickly and efficiently.

Customer support

The platform provides 24/7 customer support, helping traders to resolve any issues they may encounter while using the platform.

Competitive pricing

Mango Markets offers competitive pricing, including trading commissions and other charges, to help traders keep their costs low.

24/7 Live Chat

If you’re awake, they are too. When you need help, your team of experts will work with you via 24/7 live chat to reach a quick and efficient resolution.

Mango Markets Conclusion

Mango Markets is a well-established online trading platform that provides access to a wide range of financial instruments. Its user-friendly interface and comprehensive trading tools make it an attractive option for traders of all experience levels. However, it’s important to keep in mind that trading in financial markets is inherently risky and that the value of your investments can fluctuate rapidly.

Before using Mango Markets or any other trading platform, it’s essential to do your own research, understand the risks involved, and seek advice from a financial professional if necessary. In summary, Mango Markets can be a useful tool for traders who are looking to buy and sell financial instruments, but it’s essential to approach it with caution and to thoroughly understand the risks involved.