Company Information

Get to know Midas Protocol

Midas Protocol was a Singapore-based blockchain project that launched with the mission to create the most powerful and universal crypto wallet for the masses. Its ecosystem was designed to include the Midas Wallet, which supported over 30 blockchains, and the Vinex Network, a hybrid crypto exchange. The project aimed to simplify the management of crypto assets by allowing users to store, exchange, and spend them from a single platform. Following its Initial Coin Offering (ICO) in 2018, the project saw some development but appears to have ceased active operations and updates around 2019-2020.

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Crypto CryptocurrencyPRIMARY
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Midas Protocol

Singapore

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OVERALL SCORE

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--/40

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

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Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.