Most wallets are not supporting exchange with Decentralized Exchanges directly
→ Users can use Midas wallet to exchange ETH and ERC-20 tokens directly with DEX like Kyber Network; and soon can exchange many other cryptocurrencies and tokens like NEO, NEP-5 tokens, XLM, Stellar tokens, EOS, v.v.. with respective DEXs.
Crypto-trading is time-consuming and exchanges’s order-types is very limited
→ Midas platform help traders limit risks and capture opportunities with many advanced order types so they can sleep well at night:
● Trailing stop-loss order
● Conditional trailing stop-loss order
● Multiple Standby orders
● DSL for Programmable ordering
About multiple stand-by orders with 1 single source of fund:
This function is not available at any existing cryptocurrencies exchange. Midas Protocol platform will continuously monitor market movements and place stand-by orders. Until the preset condition(s) is met, the actual order will be placed and executed.
Example: John wants to buy 10 different types of token with his total budget of 1 ETH, only when there's 10% price dip of any token. Midas system will help John place 10 stand-by orders to buy these 10 tokens. Once any token price drops by 10%, actual/final order will be placed and executed to buy that token.
Hard to find (real) good traders to learn and follow
→ Midas platform will provide Leaderboard so users can see all top traders/investors, ranked by their actual portfolio performance and growth. Midas platform will suggest which top traders users should consider following, based on the level of similarity between the 2 portfolios. Other users can use MIDAS token to pay fee to follow and copy trade actions from those top performers.
Crypto landscape is constantly changing. It’s a challenge to keep track of news and market movements to stay on top of the game.
→ Midas platform will send a notification to users mobile app when something happens in the market that can significantly affect your portfolio. It can be a sudden drop/rise of a cryptocurrency you’re holding, or it can be a specific news about certain crypto in your portfolio.