Apr 4 / 2019
Latest News / Blockchain news/ Crypto
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Posted by: Jools Moore

Midas Protocol creates universal wallet with Kyber Network and IDEX

Midas Protocol is bringing accessibility and security for all its users in the blockchain sphere

At the heart of Midas ecosystem, Midas Protocol is a universal wallet created for everyone, from new users to experts. It aims to be the most innovative wallet for all essential crypto needs, from safekeeping, intelligent trading and portfolio management. This will allow total accessibility within the wallet and users creating something that has not been done before.

Over the past years, growing a strong ecosystem has increasingly been targeted by many firms’ as one of their priorities, regardless of the industry they belong in. Developing a robust ecosystem within industries focused on the use of blockchain technology is therefore not much of a diversion from the direction all other businesses are taking. The Midas ecosystem’s concept lies in utilising a collection of tools and platforms with a single aim to help people trade, invest and promote wise and secure use of cryptocurrency.

Midas Ecosystem

Available on both iOS & Android, Midas wallet supports multiple blockchains such as BTC, ETH, USDT, NEO, TUSD, TVND, TOMO, ZCOIN, MAS, DIVI various ERC-20s, NEP5, TRC-20 tokens, and counting. The wallet has also integrated with Kyber Network and IDEX for hassle-free in-app trading directly from a mobile wallet with over 500 tokens; integrated with Vinex Network for trading through API. It has a built-in dApp browser that runs seamlessly with deep-link and address book for convenience use. The most important and essential part of Midas infrastructure is the secure and user-friendly multi-coin wallet that gives users the ability to:

  • Run on all major platforms: Mobile (both iOS & Android), Desktop & Web (coming soon)
  • Safely store various type of cryptocurrencies
  • Safely send coins and tokens to friends and contacts.
  • Safely connect and spend cryptocurrencies on any E-commerce platform that accept crypto payment directly or via a crypto payment service provider.
  • Safely and directly trade with decentralised exchanges without sending private key to any external party
  • Safely and directly trade with centralised exchanges without sending API key to any third party
  • Monitor and manage their portfolio: how it changes over time, and historical transactions/trades in details
  • Get notified when important crypto news release or when a cryptocurrency in user’s portfolio change substantially or trades get executed
  • Get rewards with high-performance ROI portfolio
  • Subscribe, follow, copy trade strategies from top investors/traders

For better security, the data file that contains private keys and API keys is encrypted by a user’s password, therefore user’s data & private key are protected from thieves. Midas has also partnered with Sentinel Protocol to integrate Midas Wallet to Sentinel Protocol’s Interactive Cooperation Framework (ICF) API with Threat Reputation Database (TRDB), which contains Security Intelligence Whitelists and Blacklists detailing confirmed IOC’s of threats related to phishing, malware, hacks, and scams.

Midas Protocol has joined some of the world’s leading wallets and exchanges  as a member of the Foundation for Interwallet Operability (FIO).

Alongside Midas wallet is a crypto exchange – Vinex.Network, another key pillar of the ecosystem. The dynamic and fast growing exchange has listed many highly sought-after coins & tokens.  Essentially, Vinex.Network exchange offers:

  • High performance trading: the capability to process 500,000 orders per second
  • Extensive APIs: Support 3rd-party trading platforms and algorithmic trading bot
  • 24/7 support
  • Mobile support
  • Staking reward ( $DIVI & more coins adding soon)
  • Airdrop center
  • OTC support
  • Leaderboard as Social Trading Functionality
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