Midas Platform Update: Address Book & Whitelisting

We’re excited to introduce two new features that will further enhance the security and flexibility of Midas platform! 

Investors may now safely store/save cryptocurrency wallet addresses for withdrawals without needing to double-check them each time. Simply add the receiving address within your Address Book, and the next time you initiate a withdrawal of your assets, you can rest assured that you’ll be sending them to the correct address.

Address Book 

The Address Book feature allows Midas investors to add and store any number of crypto addresses, making it easier and safer to send cryptocurrency to those addresses you know and trust. Investors can: 

  • Add a crypto address for any of the cryptocurrencies supported on Midas’ platform.
  • Assign a label to the address.
  • Easily search for that address by its nickname or its first few characters.

Withdrawal Whitelist 

Withdrawal Whitelist is an additional security feature within the Address Book that allows Midas investors to withdraw cryptocurrency only to addresses from Address Book. Requiring 2-factor authentication to enable/disable the feature,  Whitelist has a 24-hour cooldown period in order to protect your account against unauthorized activity. After adding or editing an address, you will need to wait 24 hours to be able to withdraw to this address. 

Please note: Once enabled, if you later decide to disable the Whitelisting or GA2FA features, you will only be able to withdraw to addresses from the Address Book for a period of 24 hours. After 24 hours, you will be allowed to withdraw to any addresses.

Share on facebook
Share on twitter
Share on reddit
Share on telegram

Leave a reply:

Your email address will not be published.

Site Footer