Review on MidasProtocol by Temitope Babatunde
With Midas Protocol: Store, Swap and Stake Your Coins.
Midas Protocol is a kind of crypto wallet that allow the users to store various coins in one wallet rather than having various wallet for each coin. The team has Dr David Nguyen as the chairman and CFO and Than Le as the CEO. Midas Protocol has a native token which has MAS as symbol. It also work in partnership with Mcash team.
The wallet goes beyond being an ordinary wallet, because with it , one can earn daily through various program embeded in the wallet. Users can stake, swap, share, and store their coins all within the wallet. The integration of some Dex and Cex Exchanges makes the wallet to be superb, because without leaving the comfort of the wallet one can have access to various exchanges and trade. If you are the type that love staking it is available there with good returns.
Other services that one can enjoy within the wallet is the casinos which also has free spins for the benefit of the users. The team has so many partnership that is adding value to the project.
The support services is also available to the users who may have one complain or another. Though there are various number of wallet out there in the crypto world but Midas Protocol is unique.
Pros
- It is hierachical deterministic wallet.
- Users store the key by saving the seed phrase.
- It can be use to store all major cryptoccurencies and some other ones.
- The wallet is freely available on app store and playstore for both IOS device and android device respectively.
- It saves one from the hussle of going from one exchange to another.
- Staking can help one to earn without having to go through the activity of trading which is risky at times.
Cons
- It is an oline wallet, which is open to hackers.
- Newbies in the crypto arena may be confused at first.
