# Midas Protocol - Crypto Wallet — Bitcoin, Ethereum, ERC-20, XRP

> Secure, fast, and lightweight cryptocurrency wallet with local transaction signing. (iPhone/iPad app by Midas Core Pte Ltd.)

- Source: https://appshunter.io/ios/app/midas-protocol-crypto-wallet/id1436698193 (this page in markdown: same URL + `.md`)
- Developer: [Midas Core Pte Ltd](https://appshunter.io/developer/1436698192)
- Category: Finance, Business
- Price: Free
- Rating: 4.80/5 from 91 App Store ratings · 10 written reviews indexed
- Age rating: 4+
- Requires: iOS 12.0 · 139 MB
- Languages: American English, French (France), German (Germany), Indonesian, Japanese, Korean, Malay, Russian, Chinese (Simplified, China), European Spanish and 2 more
- Released: 2018-09-24
- Data updated: 2026-06-10
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/midas-protocol-crypto-wallet/id1436698193/reviews.md

## What is Midas Protocol?

Midas wallet’s focus is speed, with low resource usage and simplifying the heavy traditional wallets.
● Instant on, always up-to-date: the wallet client does not download the blockchain, it requests that information from a Midas wallet services. Able to store hundreds of coins and tokens with low resource usage (few MB only)
● Encrypted wallet: the data file that contains private keys (of coins and tokens) and API keys (of exchange-account) is encrypted by user’s password, therefore user's data & private key are protected from thieves.
● Deterministic key generation: if the user loses the wallet, they can recover it from its seed.
● Transactions are signed locally: private keys are never sent outside, it verifies the information reported by Midas wallet service, using a technique called SPV (Simple Payment Verification). Users do not have to trust any external party (including Midas) with their money.
● Privacy: The servers do not store user accounts, unless they are sharing their portfolio and trading rules to earn leaderboard reward. Even in that case, users’ private keys would still be safe and no one could steal their money.
● No scripts: The wallet does not download any script. A compromised server cannot send arbitrary code and steal users' money.

## Key features

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

## Recent user reviews (10 of 10)

All indexed reviews: https://appshunter.io/ios/app/midas-protocol-crypto-wallet/id1436698193/reviews.md

### 1/5 — Garbage

*2023-12-16*

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

### 5/5 — Dev0

*2022-03-22, version 2.0.8*

Dev0

### 5/5 — Midas Wallet

*2019-12-15, version 1.6.3*

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

### 3/5 — Kyc bị lỗi

*2018-12-01, version 1.1.5*

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

### 5/5 — Very nice wallet

*2018-11-04, version 1.1.1*

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.

### 5/5 — Great wallet

*2018-10-18, version 1.0.5*

I love the UI/UX. Integration of more DEX will definitely help draw major user downloads. Thanks for a great product.

### 5/5 — Great

*2018-10-10, version 1.0.5*

Very convenient to check crypto market fluctuations and trade. Thanks much MIDAS team!

### 5/5 — Great crypto wallet

*2018-09-27, version 1.0.2*

Swap crypto right from the wallet, fantastic!

### 5/5 — For crypto users, by crypto users

*2018-09-27, version 1.0.2*

Thats pretty much that I could summarize about this crypto wallet. The way users’ tokens are listed, the way information is organized and the convenience of its features is highly recommended to everyone. This app is well-crafted. 
I have installed lot wallets but none of them has satisfied me that make me think the people behind them were never been trading or getting involved with crypto market. 
Midas is different. I believe people who behind it has been involved with this industry long enough so they also understand the lack of convenience and neat presentation of existing wallets. This makes me feel pretty confident about this app and its growth.

### 5/5 — Good wallet. Try it for yourself!

*2018-09-23, version 1.0.0*

The wallet is indeed good. I amazed with kyber swap which is really convenient. Moreover, the UX/UI is clean and user-friendly. I think that what Midas has done is remarkable. However, there are some mispelling in the app and some minor glitches. Hope that the team would update in the next version. Welldone Midas

## Frequently asked questions about Midas Protocol

### 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.

## Version history (last 5 releases)

### 2.0.8 — 2021-11-12

Fix crash issue

### 2.0.7 — 2021-10-19

- Add QuickSwap and PancakeSwap
- Update new APIs of DeBank to get list of DeFi projects
- Update token sending function on Omnichain
- Fix issue of displaying PIN confirmation when burning FCT, converting PegNet

### 2.0.6 — 2021-07-24

- Fix issue related to ADA
- Change Nano RPC

### 2.0.5 — 2021-07-20

- Support KCS
- Update okex api to version 5
- Load balance smoothly
- Fix minor issues

### 2.0.4 — 2021-07-02

- Turn off Midas Touch
- Fix minor issues

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*
