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Review on Midas.Investments by Darren G

Revainrating 5 out of 5

Easy to use platform for passive income

I wish that I had come across Midas earlier than I did. Midas provides some of the best APYs on cryptocurrencies when compared to its competitors. Using this platform is as simple as just depositing your coins and sitting down while your interest autocompounds. Also, earning rewards in the platform's native token generates additional interest which makes it even higher. Interest is paid out daily and promptly. There is also a swap feature that can be used to convert coins but the liquidity and swaps are limited as it is still in Beta phase which is understandable. Customer service is very responsive and the customer support understood my query very easily and responded within only a couple of minutes. The team, especially CEO Trevor frequently interact with the community and updates them on Midas' future through platforms like Discord and Youtube. Overall, Midas has been a very good yield generation tool for me but several things can be improved, like the assets available, making more blockchain networks available for coins like BNB.

Pros
  • High interest rates
  • Easy to use
  • Fast deposits and withdrawals
  • Excellent customer service
  • Affliate program
  • Swap feature
Cons
  • Withdrawals for certain coins are very expensive, limited blockchain network
  • KYC needed
  • Limited coins available
  • Interest rates may be subject to change

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