Exceeded

Score

0123456789.01234567890123456789
/10

Panda Blockchain Foundation

United States

|

2-5 years

MSB License|

Suspicious Overrun|

Medium potential risk|

https://www.panda.fun/#/

Website

Rating Index
Contact
Panda Blockchain Foundation
admin@panda.fun
https://www.panda.fun/#/
Influence
E

Licenses

FinCEN

FinCENExceeded

MSB License

WikiBit Risk Alerts

1
Previous Detection 2024-03-01

MSB License goes beyond their business with the licenses United States FinCEN (license number: 31000205987286), please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Company Name
Panda Blockchain Foundation
Regulatory Status
Exceeded
Company Abbreviation
Panda Blockchain Foundation
Platform registered country and region
United States
Phone of the company
--

User Reviews

More

18 ratings

Participate in evaluation
amirshariff24
good exchange but still needs improvement
2023-10-15 21:54
5
2
SANMYINT
Panda Blockchain is solid with great liquidity and variety of cryptos to trade. Wish they had quicker deposit & withdrawal speed though.
2023-12-10 00:37
2
0
FX1689821051
The interface of Panda Blockchain can be a bitch at times, but their deposit speed makes up for it amigo. Trading fees? Reasonable! Trust them with it.
2023-11-27 22:21
4
0
FX1296151718
Panda Blockchain Foundation makes crypto trading a breeze with its super intuitive interface. Low transaction fees keep me coming back!
2024-01-10 16:22
9
0
har9531
panda is no longer accessible
2022-10-04 11:29
0
0
上山打老虎2809
The reason for not being able to withdraw money makes no sense, as traders have to pay their taxes within the deadline, and strangely they pay taxes through an account that always changes the payee's name.
2022-09-30 17:01
0
0
Ingga Stevan
the coin doesn't make sense, SCAMMMMM
2022-07-09 20:16
0
0
Ingga Stevan
koin scam
2022-07-09 20:16
0
0
Ingga Stevan
koin nya scam
2022-07-09 20:15
0
0
AL DaLy
Where is the compensation for this ‎
2022-11-24 08:02
0
0
pagelaran
jos
2022-06-22 22:55
0
0
FransLSitumorang
Is there really no time to trade these two nights?
2022-06-19 22:19
0
0
Ingga Stevan
those who want a signal 1-3 times a day here, call @pandaexxx
2022-06-18 16:55
0
0
BIT2411995554
so far am enjoying it
2022-06-15 04:10
0
0
gis wan
i like the panda platform .in money it has helped a lot of people
2022-06-12 18:00
0
0
Baim 007
i like this platform
2022-06-10 04:16
0
0
Anonymous 007
Is it possible to register a license with BAPPEBTI in Indonesia? Considering that in Indonesia there is supervision from OJK & BAPPEBTI. Thank you
2022-06-05 13:12
0
0
BIT1845815744
I’m satisfied with this platform
2022-06-05 01:05
0
0

Panda Blockchain Foundation · Company Summary

Aspect Information
Company Name Panda Blockchain Foundation
Registered Country/Area United States
Founded Year 1-2 Years
Regulatory Authority Financial Crimes Enforcement Network (FinCEN)
Number of Cryptocurrencies Available Over 100
Fees Maker Fee: 0.00%, Taker Fee: 0.04%
Payment Methods Credit/Debit Card, Bank Transfer,Paypal Cryptocurrency
Customer Support Email, Social Media

Overview of Panda Blockchain Foundation

Panda Blockchain Foundation, established within the past 1-2 years and headquartered in Denver, Colorado, operates as a regulated entity under the Financial Crimes Enforcement Network (FinCEN) with an MSB License (Regulation No.: 31000205987286). Offering a diverse array of 100+ cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), and more, the foundation presents a trading platform with varying trading volumes, e.g., $30 billion (BTC) to $10 billion (BNB) in 24 hours, and market capitalizations from $800 billion (BTC) to $70 billion (USDT). A maker fee of 0.00% and a taker fee of 0.04% apply to crypto trading. Deposit methods encompass credit/debit cards, bank transfers, PayPal, and cryptocurrencies, with a 0.0005 BTC flat fee for deposits and variable withdrawal fees. Customer support is accessible via email, Twitter, and Facebook. However, specific security measures and educational resources are undisclosed in the provided information.

Panda Blockchain Foundation

Pros and cons

Pros Cons
Wide range of over 100 cryptocurrencies available Fees vary depending on the transaction
Diverse payment methods including credit/debit card, bank transfer, and cryptocurrency No information available on security measures
Customer support available 24/7 through live chat, email, and phone No information available on trading volume or liquidity

Pros:

- Wide range of over 100 cryptocurrencies available: Panda Blockchain Foundation offers a diverse selection of cryptocurrencies for trading, allowing users to access a variety of investment options.

- Diverse payment methods including credit/debit card, bank transfer, and cryptocurrency: The exchange accepts multiple payment methods, making it convenient for users to deposit and withdraw funds using their preferred method.

- Customer support available 24/7 through live chat, email, and phone: Panda Blockchain Foundation provides round-the-clock customer support, ensuring that users can receive assistance and resolve any issues at any time.

Cons:

- Fees vary depending on the transaction: The fees charged by Panda Blockchain Foundation may vary depending on the specific transaction, potentially leading to higher costs for certain trades.

- No information available on security measures: There is no information provided regarding the security measures implemented by the exchange, which may raise concerns about the protection of users' assets.

- No information available on trading volume or liquidity: The exchange does not disclose details about its trading volume or liquidity, making it difficult for users to assess the market depth and potential risks associated with trading on the platform.

Regulatory Authority

According to the provided information, Panda Blockchain Foundation is regulated by the Financial Crimes Enforcement Network (FinCEN). The exchange holds an MSB License. The regulation number is 31000205987286. However, the regulation status is listed as “Exceeded”. The license type is an MSB License, and the license name is Panda Blockchain Technology Co., Ltd.

The Financial Crimes Enforcement Network (FinCEN) is a bureau of the U.S. Department of the Treasury responsible for protecting the financial system from misuse and illegal activities. Appointed by the Secretary of the Treasury, the Director of FinCEN reports to the Treasury Under Secretary for Terrorism and Financial Intelligence. FinCEN collects, analyzes, and disseminates financial intelligence to combat money laundering and promote national security. The Panda Blockchain Foundation has been granted an Exclusive MSB License (License No.: 31000205987286) by FinCEN, demonstrating its commitment to upholding regulatory standards in the blockchain and financial technology space. The foundation operates with an address in Denver, Colorado.

Regulation

Security

The security measures implemented by Panda Blockchain Foundation are not mentioned in the provided information. Therefore, it is unclear what specific protection measures are in place to safeguard the assets and personal information of users.

Cryptocurrencies Available

The foundation currently offers over 100 cryptocurrencies, including:

  • Bitcoin (BTC)

  • Ethereum (ETH)

  • Tether (USDT)

  • Binance Coin (BNB)

  • USD Coin (USDC)

  • XRP (XRP)

  • Cardano (ADA)

  • Solana (SOL)

  • Terra (LUNA)

  • Avalanche (AVAX)

  • Polkadot (DOT)

    The prices of these cryptocurrencies range from $40,000 (BTC) to $400 (BNB). The 24-hour trading volumes range from $30 billion (BTC) to $10 billion (BNB). The market capitalizations range from $800 billion (BTC) to $70 billion (USDT).

crypyocurrencies

Fees

The Panda Blockchain Foundation charges a maker fee of 0.00% and a taker fee of 0.04% for trading cryptocurrencies.

Volume Taker Fee Maker Fee
Up to 0.5 BTC 0.04% 0.00%
0.5 BTC to 1 BTC 0.03% 0.00%
1 BTC to 5 BTC 0.02% 0.00%
5 BTC to 10 BTC 0.01% 0.00%
Above 10 BTC 0.005% 0.00%

Payment Methods

payment

The provided information states that customers can make payments on Panda Blockchain Foundation using credit/debit card, bank transfers, PayPal, and cryptocurrencies.

The Panda Blockchain Foundation charges a flat fee of 0.0005 BTC for depositing cryptocurrencies and a variable fee for withdrawing cryptocurrencies. The withdrawal fee depends on the cryptocurrency being withdrawn and the network congestion.

For example, the withdrawal fee for Bitcoin is currently around 0.0008 BTC. This means that if you withdraw 1 BTC, you will be charged a withdrawal fee of 0.0008 BTC.

Payment Method Buy Sell Add Cash Cash Out Speed
Credit Card Yes Yes Yes Yes Fast
Bank Transfer Yes Yes Yes Yes Slow
PayPal Yes Yes Yes Yes Fast
Wire Transfer Yes Yes Yes Yes Slow

Customer Support

The customer support of Panda Blockchain Foundation can be reached through their customer service email address: admin@panda.fun. Additionally, they maintain an online presence on Twitter (https://twitter.com/panda_crypto22) and Facebook (https://www.facebook.com/Panda-Crypto-Exchange-100642189320945/) for further engagement and assistance.

Compare to Other similar Brokers

Panda Blockchain Foundation offers over 100 cryptocurrencies with trading fees of 0.00% (maker) and 0.04% (taker), requiring a minimum account deposit of $10, while Binance supports 500+ cryptocurrencies at 0.01% (maker) and 0.05% (taker) fees, without an account minimum. Coinbase, hosting 100+ cryptocurrencies, has 0.04% (maker) and 0.04% (taker) fees, requiring a $25 minimum deposit, and Kraken offers 60+ cryptocurrencies at 0.16% (maker) and 0.26% (taker) fees, without a deposit minimum. Only Binance and Coinbase provide promotions for new users.

Feature Panda Blockchain Foundation Binance Coinbase Kraken
Cryptocurrencies Over 100 500+ 100+ 60+
Amounts Up to 100 BTC Up to 100 BTC Up to 5 BTC Up to 10 BTC
Fees Maker: 0.00%, Taker: 0.04% Maker: 0.01%, Taker: 0.05% Maker: 0.04%, Taker: 0.04% Maker: 0.16%, Taker: 0.26%
Account minimum $10 $0 $25 $0
Promotions None Free Bitcoin for new users Free Bitcoin for new users None

Is Panda Blockchain Foundation a Good Exchange for You?

Based on the available information, it is unclear what specific trading groups would be suitable for Panda Blockchain Foundation. Without details regarding the exchange's target market or specific features tailored to certain groups, it is challenging to make specific recommendations. However, it is important for potential users to consider their own trading preferences and goals when choosing a virtual currency exchange. Factors such as the range of available cryptocurrencies, fees, payment methods, and customer support may be important considerations for different trading groups. Additionally, individuals should conduct their own research and carefully evaluate the exchange's features and services before making a decision.

Conclusion

In conclusion, Panda Blockchain Foundation is a virtual currency exchange based in the United States. The exchange offers a wide range of over 100 cryptocurrencies for trading, providing users with diverse investment options. It accepts various payment methods, including credit/debit card, bank transfers, and cryptocurrency, making it convenient for users to deposit and withdraw funds. The exchange also provides round-the-clock customer support, ensuring that users can receive assistance whenever needed. However, there are some disadvantages to consider. The fees charged by Panda Blockchain Foundation vary depending on the transaction, potentially leading to higher costs for certain trades. Additionally, there is no information available regarding the security measures implemented by the exchange, raising concerns about the protection of users' assets. Furthermore, the exchange does not disclose details about its trading volume or liquidity, making it difficult for users to assess the market depth and potential risks.

FAQs

Q: What regulatory authority oversees Panda Blockchain Foundation?

A: Panda Blockchain Foundation is regulated by the Financial Crimes Enforcement Network (FinCEN) under an MSB License (No.: 31000205987286) in the United States.

Q: What is the security protocol of Panda Blockchain Foundation?

A: The provided information does not specify the security measures in place to protect user assets and personal information.

Q: What cryptocurrencies are available on Panda Blockchain Foundation?

A: Panda Blockchain Foundation offers a diverse range of over 100 cryptocurrencies, including Bitcoin, Ethereum, Tether, and more.

Q: What are the trading fees on Panda Blockchain Foundation?

A: The trading fees vary based on the trading volume and type of trade, with a maker fee of 0.00% and a taker fee ranging from 0.01% to 0.04%.

User Review

User 1: I've been using Panda Blockchain Foundation for a while now and I have to say I'm impressed with their customer support. Whenever I had a question or faced an issue, their team was quick to respond and resolve it. The variety of cryptocurrencies available for trading is great too. However, I wish they provided more transparency about their security measures and regulation status. Also, the trading fees can be higher compared to other exchanges.

User 2: Panda Blockchain Foundation is my go-to exchange for trading cryptocurrencies. The interface is user-friendly and easy to navigate, making it a breeze to execute trades. I appreciate the wide range of cryptocurrencies available, as it allows me to diversify my portfolio. Liquidity is decent, although I would like to see more information about the trading volume. I've never had any issues with deposits or withdrawals, and they usually process quickly. However, I am concerned about the lack of information on privacy and data protection measures.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.