Midas Protocol Integrates with Kyber Network and IDEX to Create Universal Wallet

Ever since the dawn of the success of cryptocurrency, every company, irrespective of its scale and size is trying to make its ecosystem better for the convenience of its users. Midas ecosystem is also in the same run. To build a safe and secure ecosystem for its users Midas launched Midas Protocol, which is a universal wallet. The whole concept of this launch is to make a collective utilization of tools and platforms to make the trading easy for all kinds of users, from beginners to experts.

The recent integration of Midas with Kyber Network and IDEX is the testament for the keenness of companies to create a proper and user-friendly ecosystem. Midas wallet is available as a mobile application for both Android and iOS and also on the website. The wallet also supports a very wide range of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Zcash (ZEC), etc. The integration with Kyber Network and IDEX allows the wallets to trade directly from its mobile wallet giving access to about 500 tokens.

The features of this wallet are wide ranged which include wide storage of various tokens, safe and secure transactions, rewards based on high-performance ROI portfolio and many more.

Apart from all these features, the Midas Protocol is mainly focusing on the security of the users’ transactions. Along with Kyber network and IDEX, it also integrated with Sentinel protocol which contains Security Intelligence Whitelists to prevent the wallet from hacks, phishing, malware etc. The integrations and innovations made in the Midas ecosystem are by far intriguing and ahead of time. But it still is collaborating and integrating with many other partners to make better changes to the ecosystem.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Manisha Agrawal

Manisha Agrawal is a cryptocurrency and blockchain enthusiast. She has worked as a content writer for two years and worked as a research based blockchain blog writer too. Also, she worked as a crypto news writer with various known firms like Crypto-News India, Coingape and The Coins Report.

Share
Published by
Manisha Agrawal

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 month ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

2 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

3 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

3 months ago