Midas vs CoinLoan How They Compare

See how Midas and CoinLoan stack up against each others features, security, support and potential profits. These are two exciting platforms we're happy to explore further.

Dean Fankhauser7 min read
Midas vs CoinLoan: How They Compare | Bitcompare

In this detailed comparison between Midas and CoinLoan, we look at their reputations, ease of use, fees, and security features. There is extensive information on every aspect of the services so that you can make an informed decision.

Innovation has played an essential role in the growth of the crypto space. Innovations within this field have led to the development of several centralized and decentralized projects that provide investors with investment opportunities.

Midas is an investment platform built to offer innovative financial services to its users. Although Midas shares several similarities with many crypto lending platforms, the type of services it provides prevents it from being classified as one.

This article will consider the similarities and differences between Midas Investments and the popular crypto lending platform CoinLoan. Careful consideration will be given to the type of financial services available on both platforms. The article will also discuss essential features like security, reputation, and fees.

What is Midas?

Midas Investments

Launched in 2018, Midas (Midas Investments) started its foray into the finance sector as a passive income stream generator for digital assets. In line with its primary objective, Midas offers investors global access to many cryptocurrencies that provide high-interest yields.

Midas currently has more than 36,000 investors and $170 million worth of digital assets locked into the protocol. One of the main reasons for the global acceptance of this protocol is the interest rates attached to digital assets in their crypto portfolio.

In general, many of the cryptocurrencies listed on Midas offer interest rates higher than 13%. However, some listed crypto assets allow investors to earn interest worth up to 30%. Midas is an excellent platform for making passive income due to its higher interest rates.

This investment platform implements a distinctive investment framework and dividend distribution system. Due to its uniqueness, Midas offers a lot more than many other investment platforms.

A crucial part of its dividend distribution model is the weekly transfer of accumulated interest to investors. A benefit of its distribution model is that it reassures investors of guaranteed returns on their investments.

The Midas platform is not easy to navigate for first-time visitors. Also, investors need to provide a high amount of capital for their first investment. However, users' benefits for their investments are well worth it.

Investors will get a diverse asset class to invest their funds among the benefits on offer. Additionally, the amount of risk attached to each investment portfolio is small, and there are several opportunities to earn more returns by reinvesting your profits.

Financial Portfolio and Crypto Assets

Midas's investment portfolio consists of a variety of financial products. These financial products allow users to invest in a large variety of digital currencies. Some of which include assets like:

There are two main investment options on this platform. These options include the Masternode Yield Automated Portfolio (MnYAP) and the Stable Yield Automated Portfolios (SYAP). Midas also has its crypto exchange for selling, swapping, and buying crypto.

Stable Yield Automated Portfolios

Stable YAP

This crypto portfolio is designed for investors looking for a stable and long-term investment opportunity. This portfolio offers minimal risk to users and delivers 23% annual interest on four digital assets. They include USDT, MIDAS, Ethereum, and Bitcoin.

Masternode Yield Automated Portfolio (MnYAP)

Masternode YAP

This crypto portfolio allows users to form a joint investment pool with other investors and earn around 20-25% annual interest on their investments. There are some benefits to this system. For example, it allows users to generate more considerable investment capital and earn larger dividends.

Midas Coin

The Midas coin (MIDAS) is the native token for this investment platform. It performs three main functions within the Midas ecosystem. In simple terms, the token can be used to Lock-in, Burn-out, and Buyback within the Midas ecosystem.

The Lock-in feature allows users to reduce transaction fees attached to investing in the yield automated portfolio (YAP) and storing masternodes. Investors must purchase 350 Midas coins for the Lock-in to enable this feature.

The Midas token is essential to activating the burnout feature, which rewards participants for burn-out. Activating the feature requires 300 Midas tokens. The Midas token can also be used as a buyback tool when there are burns in the Midas ecosystem.

Security & Insurance

Midas Investments is a secure platform that is registered in Switzerland. Currently, the Midas team is working to receive the Swiss Financial Market Supervisory Authority licence (FINMA). The team aims to complete this licensing process before the end of April 2022.

Midas Pros and Cons

Midas offers several excellent features to its users. In this section, we will list some of the positive and negative aspects of this investment platform.


  • Exceptionally high-interest rates
  • Integrated swap feature
  • You can choose from a diverse number of crypto assets
  • Users do not need to complete KYC to use the platform


  • High transaction fees 
  • The website is difficult to navigate
  • Only crypto deposits are allowed
  • New investors must provide huge capital

Midas.InvestmentsEarn higher yields on your crypto

  • 9.4% APY on BTC, 10.1% APY on ETH, 20% APY on USDC
  • Rewards are paid daily and in-kind
  • No limits, no lockups, no restrictions, and no tiers

What Is CoinLoan

CoinLoan is a lending platform that was launched in 2017. Apart from providing a platform for lending crypto assets, CoinLoan also offers investors an opportunity to earn passive income with its interest account.

Leveraging interest accounts, clients with crypto holdings can invest and earn passive all of the digital currencies listed by this lender.

CoinLoan also provides a crypto exchange on its platform. Customers can sell, swap, or buy crypto assets using this exchange. Users can exchange their fiat currency for a cryptocurrency. This feature only applies to the Euro (EUR), Ruble, and British Pounds (GBP).

CoinLoan Token (CLT)

The CLT token serves as the native digital currency for this crypto lending platform. There are several benefits attached to holding the CoinLoan token. For example, CLT holders will receive a 50% discount when paying for their transaction fees using the token. Investors who stake the CLT token can get up to 12.3% APY on their investments.

CLT tokens can be purchased with a credit or debit card. Apart from the CoinLoan exchange, this token is available on The token is also traded on Uniswap, HitBTC, Bittrex, and Hotbit.

Crypto Loans

CoinLoan gives its users access to the lending market by providing instant crypto loans. The platform also offers fiat currency loans for users who prefer Euro (EUR), Ruble, or British Pounds (GBP). Credit checks are not conducted before loans are issued to clients. However, borrowers must deposit crypto collateral to back up their loan requests.

In terms of its loan offerings, users will find long-term and short-term loans in its loan portfolio. Users can obtain as much as a three-year loan from this crypto lender. Similarly, there are seven-day loans available for borrowers.

Usually, there is a monthly repayment schedule attached to long-term loans. In the case of loan defaults, CoinLoan will liquidate part of the client's collateral.

Security & Insurance

The Estonian financial authority licences and regulates CoinLoan. In addition to its robust security features, this lender complies with anti-money laundering measures and KYC standards set by European financial authorities.

The platform is also insured with its insurance coverage worth $100M. As an additional measure, this lender uses two-factor authorizations for sensitive activities such as withdrawing funds and changing passwords.

CoinLoan pros and cons

There are several benefits attached to the services offered by CoinLoan. However, this crypto lender has a few flaws like any other financial platform.


  • Modest interest rates for investors
  • Instant crypto loans
  • CoinLoan offers its services to a worldwide audience
  • Loans are available for fiat currencies and crypto assets
  • There are multiple options for fiat transfers: SWIFT, SEPA, Wire Transfer, AdvCash
  • A variety of LTV ratios are on offer
  • Borrowers can choose from a variety of payment options
  • An easy-to-use platform
  • $100 million insurance coverage for crypto assets.


  • Volatility in the crypto market can negatively impact crypto loans
  • Users must hold the CoinLoan token (CLT) to enjoy the highest interest rates


There are several similarities between Midas Investments and CoinLoan. Both platforms offer investment opportunities on a wide range of crypto assets. They also have native tokens, which play a major role on their platforms. Additionally, holding or investing in the native tokens of these platforms reward investors with high-interest rates.

Despite their similarities, there are a few differences. For example, Midas offers higher interest rates when compared to CoinLoan. CoinLoan's $100 million insurance coverage is more secure than Midas's. CoinLoan is also easier to use since its interface is simple.

If you are a crypto investor looking to make modest returns on investments with enough capital, we recommend Midas Investments. However, clients with little capital can benefit from the interest account offered by CoinLoan.

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