🤑 How To Earn 9.4% APY Daily Compounding Interest on Your Bitcoin

I am always on the lookout for safe investment opportunities that are easy to understand and execute and don't require me to have a certain level of autism to understand how things work.

So, after NEXO and Anchor Protocol, I decided to invest to another company which I’ll be doing a mini review below.

The company is called Midas.Investments and I’ve been with them for about 3 months.

In this Midas Review, I am going to explain how you can earn 9.4% APY Interest that compounds daily.

🤔 What is Midas?

Midas is an investment platform that generates high compounding yields for its customers by investing in various defi strategies (more about this below).

It is run by a team of financial experts who according to their website ‘’their incredible Midas team has over 20 years of investment experience and 30 years in product development’’.

The company’s CEO is Iakov Levin. He is not hiding or something. His Linkedin profile is this and this is his twitter account.

With Midas, you can earn high yields from around 25 cryptos including, Bitcoin, Ethereum, ATOM, Litecoin, USDT, BUSD, Chainlink, Avalanche, and Fantom.

I currently earn yields for the following:

As you can see I am currently earning

• 9.4% on Bitcoin
• 10.1% on Ethereum
• 7.00% on Atom
• 9.00% on Chainlink

On the upper right corner you can see my total deposits (as of the time or writing this post) and how much I am earning per week.

Upon clicking on an asset you can see your Transaction history, you can swap, deposit or withdraw.

Simple stuff.

💰 How they generate yields

The way they generate the yields are through various Defi strategies such as:

• Lending and borrowing
• DeFi yield vaults
• Hedged token farming
• Concentrated liquidity provider on Uniswap V3

Don’t get me wrong but, I don’t really understand how all these defi strategies work in order for me to explain them to you. I am sure though that a simple online search will get you the answers on how the above defi strategies work.

Anw, In fewer words, the guys at Midas take your crypto, invest them to various DeFi products and strategies, they make a shit-ton of money and they return a nice percentage of their earnings back to you — without you lifting a finger.

Now, because as I said in the beginning of this article, I am not a banker, I am not a financial advisor or something in between, and I honestly feel that my head will explode if I deal with Decentralized finance in a more ‘’deep’’ way that I do now.

So for me, this is a win-win situation. I get to deposit my Bitcoin, Ethereum and other cryptos and earn high yields without much effort.

Open an account here

🟡 Midas Coin

The Midas team has launched their own cryptocurrency, called Midas. Personally, I am not using it but I feel they are “adopting” mechanisms similar to NEXO.

For example, you can opt-in to receive your earning on their native token (MIDAS) and earn higher yields (check previous screenshot).

Also, earning your yields on MIDAS, will yield you an extra 30% interest APY on your MIDAS token.

Some info on Midas Token

• Midas Token is build on the Fantom Blockchain.
• Here’s the token’s page on Coinmarketcap and Coingecko.
• It’s MAX Supply is only 5.000.000 tokens
• Circulating Supply is at 2,575,183.89 MIDAS — as of writing this post.
• Buy MIDAS token at Spiritswap or Bombswap

🏃‍♀️ How to start?

To start with Midas, just register an account, do your KYC and deposit your funds.

You can register your account using only your Google or Discord accounts. I think I’ve read somewhere that they are using this method because it is far more secure, easy and closer to how Web 3 works.

Upon registering and finishing your KYC, you are good to go. As soon as you deposit your crypto, you will start immediately earn compounding interest on your crypto.

Pros & Cons of Midas

Here I will lay down my thoughts on what I like and don’t like about Midas.

100% Unbiased.

👍 PROS

• Friendly User Interface — I like their simple and easy to navigate website. No fluff, simple stuff, high yields. I mean, I don’t even have a password, since I log in using my Google account.

• High Yields — I like the fact that I am earning high yields. In fact, I am thinking in depositing stables as well, since you can earn 22% with BUSD.

• Doxed CEO — I feel “safe” knowing who the company’s CEO is. I am sure that he too knows that he has to play fair with investor’s money or he will end up behind bars in case he goes “rogue”.

• Active Social Networks — The team at Midas are really active on Twitter, Reddit and Discord and this makes me feel nice.

• You can earn even more — You can earn even more with Midas by investing in a portfolio of assets instead of as single cryptocurrency. They call this YAPs, short for Yield Automated Portfolios. Their YAPs can earn you — currently — around 21%. They — investment experts — rebalance the overall portfolio to safeguard their investors’ assets and earn high yields at the same time.

• No lockups/Withdraw at any time — You can withdraw your funds at any time.

• Good reviews on Trustpilot — Personally, whenever I see good comments on Trustpilot, it builds up trust for me.

👎 CONS

• They have KYC — Personally I hate KYCs. They introduced it only recently. I understand though that if they want to stay out of the eye of the law, they have to do it. Still, I don’t like it.

• They’ve lowered their Yields — They’ve lowered their yields significantly from the time I joined (about 3 months ago). For example when I first joined, BTC was at 14% APY. Now, it’s 9.4%.

Final Take

I trust Midas fellas and I am going to keep investing with them. I am splitting my portfolio of course in Midas, Nexo and Anchor to minimize risks.

I recommend joining them. Click here to register an account and start earning up to 30% on your crypto with a safe, regulated and doxed CeDeFi company.

Do you think they are to be trusted, do you worked with them, do you know anyone from their team personally, have you already invested with them?