The use of cryptocurrency often encounters various obstacles. The various problems that cryptocurrency owners have to face are security and usage limitations. Cryptocurrency users in a particular ecosystem often have to use several different platforms and applications to maximize their cryptocurrency usage. Midex was created as a solution to the problem. Cryptocurrency users can use Midex for various purposes related to the use of cryptocurrency. Midex provides various facilities that can support the function of a cryptocurrency.
Well, when we talk about Midex then we will also talk about blockchain. Midex uses blockchain to provide fast and secure cryptocurrency exchange services. Speed and security are two very important things in the world of cryptocurrency. You definitely do not want data and coin that you have stolen someone else, is not it? Data theft and crypto coin are the most feared security concerns of cryptocurrency owners.
To overcome this, Midex adopted the bank security system. The platform develops a security system that resembles the bank's security system. With this system, expected data and coins stored in Midex will be protected from thievery. In the digital world, data and coin have a very high value. In certain cases, data (user information) has a higher value than the coin itself.
In addition to adopting the bank's security system, Midex also works with the security authorities of a country and some digital security providers to provide better security for every Midex user.
Some other platforms may have developed ATM as one of their banking services. But will those ATMs work according to the needs of the cryptocurrency owners? Well, let's see. Midex offers an ATM that functions like an ATM owned by a traditional bank. Plus, Midex ATM can be used to monetize your own coins and convert them to ETH automatically (in accordance with the exchange rate applicable at the time of withdrawal). For starters, the ATM will be available in some countries that recognize the existence of cryptocurrency.
This service is intended for users who want to do ICO (investors and business owners). Midex realized that crowd funding is one of the things that blockchain-based business owners often do to develop their creative ideas. Midex will be the official partner of every ICO to be done by its users. The platform will be the facilitator. Midex will arrange and implement a legal ICO (in accordance with existing regulations). The new platforms can make Midex store and control their cryptocurrencies.
The cards will serve as debit cards. This will allow you to transact using your cryptocurrency. The obstacle faced is the number and location of the seller in cooperation with Midex. This card can only be used in place in cooperation with Midex. The number of partners is expected to increase.
In addition to some of the above features, Midex can also be used as a fast and transparent transaction medium. Transaction speed is one of the most important things in digital finance. In addition, Midex will also serve as a platform that guarantees the legality of every transaction made in the Midex ecosystem.
