In MidoFinance Review Part 1 (reviewed here) we looked through investment plans of the platform in order to make everyone better understand what returns this platform offers to you as a member.
Here is the part with some calculations that we recently made:
*By the way, the min. withdrawal amount is 10 USD
You should note that all plans here work on business (working) days only. We take a “Base” (0.8% – 1% Daily) plan as our first example. Its Deposit term is 27 days and these are the days (from Monday to Friday), which you receive your accruals on. You will notice that in your personal area too. So the whole plan time frame is around 34-35 days (depending on what day you make your deposit)
The Total Interest that you get within 27 bus. days will be 121.6% (0.8% x 27 business days) + 100% of initial deposit. You can already see that your NET Profit is around 21.6%.
The Break Evenpoint here is the same like in most “Principal Back” plans. You break even exactly at the end of the plan after you get our deposit back in ~35 calendar days.
Now it’s time to check a DNI (Daily Net Interest) level. It must show us whether we can consider MidoFinance “Base” plan as a LOW, MEDIUM or a HIGH interest one. (For all newcomers – please read EN HYIP Insights article #12 Part 3 and Part 4, then you will be able to understand a DNI analysis much better..)
If you divide your Net Profit (21.6%) by ~35 calendar days of this investment plan, you get a DNI – 0.62%. Therefore we still can consider it as a LOW interest plan.
more here..
Our task for this part of the review is to clarify some rules and terms which an investor must know earning with MidoFinance. Let me continue and highlight some of them:
What e-currencies do you accept?
We accept cryptocurrencies: Bitcoin, Ethereum, Litecoin, Tron, USDT TRC-20. In the future, as the project develops, we will add new cryptocurrencies and means of payment. Read our news and updates carefully.
What is the minimum / maximum amount allowed to invest?
The amount of the minimum and maximum investment depends on the specific investment plan and dynamically changes depending on the rate of a particular cryptocurrency. You can find out the current values in your personal account in the `Deposit` tab by selecting the cryptocurrency you are interested in and the investment plan. At the moment, the minimum investment amount is: Bitcoin – 0.001 BTC / Ethereum – 0.02 ETH / Litecoin – 0.30 LTC / Tron – 580.00 TRX / USDT TRC-20 – 50.00 USDT.
What is the minimum withdrawal amount?
The minimum withdrawal amount dynamically changes depending on the rate of a particular cryptocurrency and is currently: Bitcoin – 0.001 BTC / Ethereum – 0.02 ETH / Litecoin – 0.01 LTC / Tron – 100.00 TRX / USDT TRC-20 – 10.00 USDT.
How quickly will the money be credited to my wallet after the withdrawal of funds?
Withdrawal of funds is carried out manually. After you create a withdrawal request, it must be verified by the security and finance department. The maximum approval time for your withdrawal request is 96 hours. Withdrawals are made only on business days, from Monday to Friday. Withdrawals will not be made during the Christmas holidays from December 25 to January 15. After your request is approved, the funds will be sent to your wallet. Depending on the type of cryptocurrency and the workload of a particular blockchain, this can take from a minute to several hours.
Do you have any hidden fees?
We have no hidden fees. When replenishing the platform balance, you will pay only the standard transaction fee for the cryptocurrency in which you replenish the balance. And when you withdraw funds, you will receive exactly as much money as you will withdraw, we will pay the fee for the withdrawal transaction.
How do lot rates work?
Lots provide additional and most profitable investment opportunities. Carefully follow our news to know about lots and their conditions. All the conditions of the lots are different and random.
Is it possible to close an investment plan ahead of schedule?
Each investment is a set of complex financial transactions, each of which has its own term of work, and due to this, a guaranteed profit is achieved. Therefore, it is impossible to complete the investment plan ahead of schedule.
If I made a mistake with choosing an investment plan, is it possible to change it to another one?
The platform works in automatic mode and after choosing an investment plan, there is no way to change it. Therefore, carefully study the terms of each investment plan and make an informed choice.
Can I create multiple accounts?
Creating multiple accounts is strictly prohibited. All identified multiple accounts will be blocked.
What is the company’s working hours?
Our platform is open 24 hours a day, 7 days a week. All operations are performed automatically. With the exception of the withdrawal of funds, this operation is performed manually by specialists of the financial department. You can read more about withdrawing funds in the corresponding section of the FAQ. From December 25 to January 15, the employees of the company have Christmas holidays, therefore, the accrual of funds and payments during the specified period are not made.
I guess these are one of the most important questions any investor wants to know before he joins the platform. Let’s continue and check MidoFinance social networks:
You can also use their online contact form OR this email : support@mido-finance.com
I guess, this part has also saved your time and now you can better see all the conditions which may be used with your investment strategy.
I hope we will continue to see more news and updates from this platform, which we always inform you about…
Check other news for today and Please stand by..
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