Note – Midas.Investments platform is No longer Operational.
Stacking sats and properly storing your crypto in cold storageis still the best way to invest in Bitcoin without having to worry about the safety of your investment or the solvency of third-party exchanges.
Swan Bitcoinis the easiest way to accumulate Bitcoin.
Swan Bitcoin lets you set it and forget it by dollar cost averaging. Once you set up the auto-buy, then everything is fully automated. The exchange platform will keep buying Bitcoin at regularlyscheduledintervals.
Stay humble stack sats!
Remember: Not your keys, not your coins.
Are you looking to earn high interest rates and build guaranteed, long-term profits in cryptocurrency?
Or simply want to get the best returns on your crypto investment?
Well, you’re in luck.
Midas Investments is currently offering the highest crypto interest rates on the market.
You can now earn 7-20% return on your investment annually.
That’s a huge promise. I can’t help but feel skeptical as well.
Nonetheless, Midas Investments has thus far delivered on its promise the past 4 years.
To begin, simply deposit any amount of your crypto assets, even a fraction of it into your Midas.Investments account, sit back and relax. There isn’t any minimum amount required, you can earn within 24 hours of depositing your crypto. Rewards will be sent automatically to your wallet every week.
If you already own some cryptocurrency, you can try and deposit them into your Midas.Investments account and start earning consistent passive income of up to 30% APY on your coins.
That’s the best high-interest savings account offered in the world!
You can let your crypto assets work for you 24/7 in your jammies without needing to crack your head open trying to trade and ruin the fun of hodling in the process.
But, wait…
- Is Midas Investments legit and a site that can really grow your crypto assets,or
- …a scam that is just a waste of time and money?
- How does Midas.Investments offer such high APYs?
- How about security?
- The pros and cons of Midas Investments
In this article, I will answer your most pressing questions and more.
By the end of this article, you’ll get an idea of the pros and cons, understand exactly how to make the Midas.Investments platform work for you in order to maximize your earnings in crypto.
You can also check out other platforms offering competitive Savings and Lending products for your crypto assets here.
Now let’s get to it:
What is Midas Investments?
Midas Investments is a custodial crypto investment platform that makes it easy for everyone to increase passive income streams through Bitcoin and cryptocurrency.
You can use Midas Investments to earn the highest yields on core assets through hedged investments strategies, including:
- Bitcoin – 9.4% APY
- Ethereum – 10.1% APY
- USDT – 18.1% APY
- USDC – 18.1% APY
- DeFi assets – up to 30% APY
To maximize your passive income, simply activate MIDAS Boost to earn additional 3% to 4% APY from your crypto assets. For example, you get to earn 12.1% APY on Bitcoin, 13.4% APY on Ethereum with MIDAS Boost.
Additionally, Midas Investments also provides a range of investment options, such as:
- Stable Yield Automated Portfolio (Stable YAP): offers an 21% APY. Get paid directly in BTC every week.
- Masternode Yield Automated Portfolio (MnYAP): offers 26% APY in BTC each monday
- Midas Exchange: Trade cryptocurrencies
The team behind Midas Investments
Meet the Midas team
Remember, “not your keys, not your bitcoin.”
When you use a crypto platform like Midas Investments, you need to transfer your precious crypto assets to the platform, which means that you’ll be giving away control of your coins. Should the company run away, you could lose access to all your funds.
Although Midas executives may seem transparent, we do not really know their background or how they came about forming this company.
Midas Investments was founded in 2018 by Iakov Levin, more fondly known as “Trevor,” with the long-term vision to create stable and profitable instruments for crypto investors.
Started off as a shared masternode service, with Google Sheets as the platform, Midas Investments is now the leading platform for Proof of Stake and Masternode coins, offering a vast array of crypto passive income services.
In four years Midas.Investments team grew from 2 to 15 full-time employees, managed to accumulate 18,000 investors and raise over $22 million in assets.
This fast-growing company is one of the leading platforms on themarket due to the innovations offered.
What makes Midas Investments Unique and Different from Others?
Just like Gold, Bitcoin does not pay any dividends.
But you don’t have to trade in order to generate profits in cryptocurrency.
Here’s the good news, Midas Investments allows you to simply hold your Bitcoin or other crypto assets and receive weekly BTC interest.
While there are many crypto lending platforms that offer attractive interest rates for cryptocurrency, Midas Investments has few unique features that set them apart from the competitors.
1. Midas Investments offers the highest yield on Bitcoin, Ethereum, Tether, and DeFi assets (9.4% APY on BTC, 10.1% APY on ETH). Rewards are paid daily directly to your wallet. There’s no limits, no lock-ups.
2. Midas Boost allows you to earn additional 3% to 4% APY and maximize passive income from your crypto assets with payouts in MIDAS token. With Midas Boost, you earn 12.1% APY on BTC, 13.4% APY on ETH, 22.0% APY on stablecoins.
3. Midas Investments offers advanced features like Automated portfolio rebalancing, masternode investment. You don’t have to decide what to buy and when or make a research. Midas will pick the coins that had a stable and profitable performance over time.
4. Midas Investments has its own native token, Midas Coin. You can maximize your profits by just holding Midas coin on the platform, receive multiple rewards each day and earn 30% APY through Proof-of-Stake.
5. What’s more, you can also choose to reinvest your profits to earn compound interest and boost your investment returns.
How to Get Started with Midas Investments
You can get started with Midas Investments in just one click!
Step 1: Create a free Midas Investment account
Sign up for a free Midas Investment Account is super easy.
All you need to do is head over to Midas.Investments and click “Get Started”.
Here, you can choose to create an account using Gmail or Discord.
Midas just implement new KYC requirements for all users, so you’ll need to submit your personal details to start earning interest.
Step 2: Select the crypto you want to invest in
Next, choose the coin you want to invest in. You can seea list of all coins and investments on your dashboard.
Step 3: Deposit your crypto funds
Once you decide which coin to invest in, simply click the “Invest” button next to it.
And you will be given a personal deposit address. Send your coins to the address.
Funds will be deposited into your account after 1 confirmation.
Your coins will automatically start earning yield on your Midas account. You will receive weekly payout in BTC every Monday.
How much can you earn per year?
One great thing about Midas Investments is that there is no minimum deposit. You can start investing with any amount.
There are three main ways to earn yield on Midas:
- Interest rates for high market cap coins: BTC, ETH and USDT;
- Interest rates for high potential DeFi assets: LINK, UNI, SUSHI and others;
- Automated portfolios of cryptocurrencies with weekly payments.
The amount of interest you can earn with Midas Investments varies depends on the currency you deposited and amount you wish to lend. .
For example, If you put $10,000 worth of Bitcoin into Midas Investments which offers an annual 17% return, 1 year later you can expect to earn up to $1700.
Check out the interest rates for each coins here before you earn.
Midas Investments Fees
When it comes to fees, Midas Investments does not charge any fee when you deposit funds to your account.
There is a withdrawal network fee of 0.0002 BTC if you wish to transfer your coins to any external crypto wallet.
However, crypto transfer between Midas Investments wallets is completely free of charge.
- Deposit fee: Free
- Withdrawal Fee: 0.0002 BTC
- Internal transfer from one Midas account to another Midas account: Free
Midas Investment Features
1. Interest rate for top cryptocurrencies and DeFi Assets
The main feature of Midas Investments is its high interest account.
It’s pretty simple.
As explained above, you deposit any amount of the accepted cryptocurrency or DeFi assets into platform, you earn a fixed interest and you receive the rewards in BTC into your account every week.
You can withdraw your earnings anytime you wish.
2. Midas Boost
Earn additional 3% to 4% APY on top of your crypto assets APY.
Simply turn on Midas Boost feature, and you can increase your APY 12.1% on BTC, 13.4% ETH and 22% on stablecoins.
- BTC = 9.0% APR || 9.4% APY || 12.1% APY with Midas boost
- ETH = 9.5% APR || 10.1% APY || 13.4% APY with Midas boost
- Stablecoins = 16.6% APR || 18.05% APY || 22.0% APY with Midas boost
You be received payouts in MIDAS token which can be exchanged instantaneously to other supported crypto of your choice within the platform.
3. Stable Yield Automated Portfolio (SYAP)
Invest in multiple cryptocurrencies in a single portfolio with Stable Yield Automated Portfolio (SYAP).
SYAP allows you to invest in a fully managed and automated investment portfolio that offers a long term growth potential that pays you weekly.
This way, you can easily invest in a well-balanced crypto portfolio without trading and speculation.
Midas algorithms will do all the work, giving YAP which includes
- Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and MIDAS.
You can earn expect to earn 21% APY with SYAP.
If you prefer, you’ll be able to change allocation between the coins to maximize returns based on your market analysis.
Alternatively, you can just hold and earn, let Stable YAP automatically perform a monthly rebalancing to optimise profits and results from your investment.
4. Masternode Yield Automated Portfolio (MnYAP)
Masternode Yield Automated Portfolio is another investment strategy that allows you to earn higher rewards.
It is basically a single portfolio of top Masternode coins that have demonstrated long term stability and industry leading return on investment opportunities, including Midas, ZEN, XZC, NRG, Phore, Divi, ESBC and BTC.
It pays 26% APY in BTC every monday to your account.
Here’s how Masternode YAP works:
1. You deposit Bitcoin (BTC) to Masternode YAP share.
2. Midas will split your Bitcoin equally between 8 coins: Midas, ZEN, XZC, NRG, Phore, Divi, ESBC and BTC.
Each with 12.5% of allocation.
3.Each week mined coins convert to BTC and sent to you.
4.Your balance changes according to coin’s price change.
5.You can change your allocation between coins to adapt your strategy.
5. Midas Coin
Midas coin is the platform’s native coin.
Just hold Midas coin, you can generate greater returns of 24% APY through Proof-of-Stake. Plus, you’ll also receive multiple rewards per day as well as enjoy reduced fees on managing investments.
6. Midas Exchange
Use Midas Investments’ Swap Feature (0.3% fee) to trade your investments without having to send them to other third-party exchanges. Or you could move your coins to an Instant Exchange in order to swapthem.
With Midas Exchange, you can now mine and trade coins at the same time within your account.
What’s particularly great is that all your coins will continue earning rewards while you trade on the exchange.
Supported Countries
Midas Investments is available to everyone in the world.
How does Midas.Investments offer such high APYs?
Such high rates being offered almost always bring on full suspicion. While they have been running the platform for 4 years now without any negative blowback, I found that I still cannot bring myself to putting my entire crypto savings there.
It is in my opinion that they have to be generated in some risky way… so while I find the yields appealing, there is just no way to truly understand what the Midas team is doing behind the scenes.
According to my research;
Midas.Investments reinvests and diversifies your deposits into different investment strategies to maximize returns.
They have new investment product concepts like the – Yield Automated Portfolios (or YAP), which generates passive income taking advantage of market swings through portfolio rebalancing.
Their investment/quant department does research on a crypto asset before provisioning it on the platform for clients to invest.
They look for a myriad of ways a crypto asset can provide yield. Starting from less risky to ”riskier”:
- Staking (receiving rewards from the blockchain for locking coins),
- DeFi (which is a rabbit hole with various types of yields, which I will reflect on later on),
- Algorithmic trading (seeing if the asset fits derivative or spot algorithmic trading).
Ethereum is a great example. It has staking, used in almost every top DeFi protocol, and has an amazing derivative trading potential due to high volatility. Therefore, their ETH strategy is divided into conservative staking with 5.4% APY (30-50% of portfolio), DeFi portfolio with 8%-25% APY based on the market interest (30-45% of portfolio), and a derivative trading algorithm with 1x leverage, which showed incredible results of 200% annual ROI over 6 months (10-25% of portfolio).
The portfolio allocation is managed by the investment’s desk and changes based on the macro-market conditions.
Overall, the combination of strategies gives them a good cushion of somewhere in the region of 22% and 30% APY. It not only covers all the interest payouts to you but also accumulates the asset in a safe fund as a reserve, to cover any potential drawdowns on any type of investment.
Is Midas.Investments Safe and Secure?
High interest rates have made these investment options irresistible to crypto enthusiasts and investors.
But can you really trust Midas Investments?
How secure is Midas Investments platform?
We do not know for sure. While the platform had no history of being hacked since it began operations in 2018, any vulnerabilities would have been kept hidden from the public (they could have absorbed the losses of their customers).
When it comes to detail, Midas Investments implements a few important security measures on personal, wallet, database levels that you need to know:
1. Personal security
- No passwords. Midas believes that passwords are outdated and don’t provided the required level of security. Instead, they offer 2 easy ways of login: Gmail and Discord. Do not use Discord, my Funds was completely out of reach after Discord had disabled my account by mistake citing that I had spammed. (Their support team had zero access and couldn’t help me login without my Discord acc.)
- To secure your account, Midas has 3 additional layers of protection for your funds.
- First, email verification for every withdrawal. For example, even though a hacker managed to access your Midas account, he won’t be able to withdraw your coins without email confirmation
- Second, enable 2FA (two-factor authentication) on your account. You need to enter a code from your email every time you login to Midas account, making it harder for hackers or thefts to steal your funds.
- Third, you’llbeautomaticallysigned out every 7 days.
2. Wallet security
Midas Investments has cold and hot wallets.
Most of the funds (up to 90%) are securely stored with cold (offline) wallets.
And the rest of the funds are kept using hot (online) wallets,which are used for deposits, withdrawals and staking.
3. Database security
All sensitive data is encrypted withAES-256 security. The decryption key has a regular rotation, which ensures the security of database even if hacker receives the access to it.
Keep in mind, although Midas Investments is safe to use, it’s your responsibility to practice basic crypto securityto protect yourself against human errors and potential attacks.
Midas Investments Pros
- Offer the highest yield on Bitcoin, Ethereum, stablecoins, major cryptocurrencies and DeFi assets.
- Large selection of cryptocurrencies. Earn up to 17% annual interest on Bitcoin, 23% on Ethereum, 12% on DeFi assets and more.
- Offer a range of investment options to earn dividends: core assets, DeFi assets, Midas coins, Yield Automated Portfolios
- User friendlyand well integrated forbeginners.
- Hassle-free registration. Create a free account in one click, using your Gmail or Discord.
- No minimum deposits
- No lock-ups
- Get weekly crypto rewards payments
- Receive 100% profit in crypto you invested
- No deposit fees
- Safe and secure. Effective security measures.
Midas Investments Cons
Just like any other centralized platforms, you have to give away the control of your key to Midas Investments.
That means you’re giving permission to Midas Investments to manage your funds. This is the main drawback of using Midas platform.
“Not your keys, not your Bitcoin”.
I said it once and I’ll say it again. Because important things are worth repeating.
So, you’ll need to weigh the options and decide how much risk you’re comfortable with.
Midas Investments implements 2FA, email verification and automatic sign-out to enhance its security. But no crypto platform is 100% fool-proof. If your crypto is in the exchange, they are not yours.
Their login depends on third party platforms (Google / Discord) which is poorly thought out. Personally I had a bad experience from this as well. Why couldn’t they use the safe approach like 99% of the platforms out there? I will never know…
Essentially, you have to trust the platform that they will protect your crypto assets.
Regardless of which services you’re using – interest account, YAP, Midas exchange, you’ll have to first transfer your precious crypto to your Midas wallet.
In this case, it’s good to know that 90% of the funds are stored using cold wallets. This offers greater security, considering your funds are kept offline, making it impossible to access without knowing the keys.
Conclusion – Is Midas Investments Legit?
Midas Investments is a legit company that offers easy, fast and secure ways to earn, mine and trade your cryptocurrency assets, all in one single account.
Here, you can find one of the best custodial yields on the market.
There are various investment strategies with different risk profiles to choose from.
The easiest way to get started is to hold and earn interest on your Bitcoin and cryptocurrency with Midas Investments.
After picking your favorite coin to invest in, Midas Investments will automate everything for you. Set it and forget it.
Start earning up to 30% annual return on your cryptocurrency.
Historically, this has been a great strategy. For example, if you invest $1,000, each year you get up to $230.
Not a single bank can claim this kind of ROI, especially considering that you won’t be paying any fees and can withdraw your funds at any time.
If you’re looking to build passive income stream that’sconsistent month-to-month, give Midas Investments a try.
Once you’re confident, you can increase the amount you wish to invest or maximize your returns by using innovative tools like Yield Automation Portfolio.
That’s all for now. As the Midas Investments expands its features and services, I’ll be updating this post regularly with the latest info, so keep coming back to discover more.
I hope this Midas Investments review helps you to decide whether Midas Investments is right for you. If you want to know more about Bitcoin alternatives, check out my article onBest Bitcoin Lending Sites here.
Are you ready to take part in this new financial revolution?
- Get started today
What do you think?
Would you use Midas Investments to build crypto-passive income? Why or why not?
Last but not least, if this post was of any help to you, please share it on Facebook, Twitter and Pinterest!
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I’ve handpicked a few guides for you to read next:
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- How to Invest in Bitcoin: The Ultimate Guide for Beginners 2022
- How to Sell Bitcoin – The Ultimate Beginner’s Guide 2020
- How to Buy Bitcoin Easily Without Fees?
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