United States
|2-5 years
MSB License|
Suspicious Overrun|
High potential risk
https://www.panda.fun/#/
Website
FinCENOver-Operation
MSB License
The number of this Exchange's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!
MSB License goes beyond their business with the United States FinCEN license (License No.: 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
https://www.panda.fun/#/
https://twitter.com/panda_crypto22
https://www.facebook.com/Panda-Crypto-Exchange-100642189320945/
admin@panda.fun
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 |
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.
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.
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.
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.
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).
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% |
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 |
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.
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.
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 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.
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.
19 ratings