Midas Protocol - Crypto Wallet

Midas Protocol - Crypto Wallet

Bitcoin, Ethereum, ERC-20, XRP

91 ratings
10 reviews

Archived App

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • September 24, 2018
  • November 12, 2021

Features

Midas Protocol - Crypto Wallet screenshot #1 for iPhone
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Midas Protocol - Crypto Wallet screenshot #10 for iPhone
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About

This application offers a fast and secure cryptocurrency wallet that doesn't require downloading the blockchain. It encrypts private keys locally and uses deterministic key generation for easy recovery. Transactions are signed on the device, ensuring users maintain full control of their funds.

Instant blockchain data retrieval
Low resource usage
Encrypted private keys
Deterministic key generation for recovery
Local transaction signing (SPV)
Enhanced privacy features
Show original description

What's New in Midas Protocol

2.0.8

November 12, 2021

Fix crash issue

User reviews

Garbage

This is crap, the transaction fee for sending out my btc is more than I’m sending??? Am I missing something?

Dev0

Dev0

Midas Wallet

A very secure, well-structured wallet that is easy to use and has lots of flexibility

Kyc bị lỗi

Nhờ admin xem lại phần kyc trên app mobile. Lỗi ở kyc

Very nice wallet

Been in crypto long enough to see a good product. The work is nice, app is still not mature all the way but nothing in crypto is mature yet and the devs will surely continue making it the best there is. Would like to see some tax tracking and export features built in later on.

FAQ

How secure is Midas Protocol?

Midas Protocol prioritizes security by encrypting your private keys locally with a user-defined password. Transactions are signed on your device using Simple Payment Verification (SPV), meaning your private keys never leave your phone, and you don't need to trust external parties with your funds.

What cryptocurrencies does Midas Protocol support?

Midas Protocol supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, ERC-20 tokens, and XRP. Its design allows for storing hundreds of coins and tokens with minimal resource usage.

Can I recover my wallet if I lose my device?

Yes, Midas Protocol uses deterministic key generation. If you lose your device, you can recover your wallet using the seed phrase provided during the initial setup.

Does Midas Protocol require downloading the entire blockchain?

No, Midas Protocol is designed for speed and low resource usage. It does not download the blockchain; instead, it requests information from Midas wallet services, making it lightweight and instantly ready to use.

What is the update frequency for Midas Protocol?

The app was last updated on November 12, 2021, with version 2.0.8. While specific update frequency isn't detailed, the app is described as 'always up-to-date' due to its service-based information retrieval.

What is the age rating for Midas Protocol?

Midas Protocol has an age rating of 4+, making it suitable for a wide range of users. It is available on iPhone and iPod devices.

How does Midas Protocol handle user privacy?

Midas Protocol servers do not store user accounts unless users opt-in to share portfolio and trading rules for leaderboard rewards. Even then, users' private keys remain safe and inaccessible to prevent theft.