MidChains
MidChains
ADGM license; focus institutional UAE; Abu Dhabi financial hub. not retail; UAE focus. only institutional; UAE focus
Data & conditions
| Maker / Taker fee | 0.1% / 0.2% |
|---|---|
| Markets | Spot |
| Supported assets | 50+ |
| Fiat on-ramp | Yes |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | MENA · 2+ countries |
| Regulator | VARA (Dubai) |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | ADGM FSRA UAE ADGM (Abu Dhabi Global Market) |
Strengths
- ADGM license; focus institutional UAE; Abu Dhabi financial hub.
Weaknesses
- Not retail; UAE focus.
Verdict
ADGM license; focus institutional UAE; Abu Dhabi financial hub. not retail; UAE focus. only institutional; UAE focus
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
FAQ
What are MidChains's fees?
On MidChains, spot fees are maker 0.1% / taker 0.2%. They drop with monthly volume and VIP tier.
Is MidChains regulated in Europe?
Regulatory status of MidChains: ADGM (Abu Dhabi Global Market). Licence: ADGM FSRA UAE (AE).
Does MidChains publish Proof of Reserves?
Proof of Reserves publication is not documented for MidChains. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from MidChains?
No, MidChains is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does MidChains support derivatives and futures?
MidChains does not offer derivatives: it focuses on spot trading.
Sources
- Official service page Data verified on Jun 1, 2026
- Verified source Data verified on Jun 13, 2026
Update history
- Entry rebuilt from the v2 canonical dataset (manually verified record).