Midas Kripto: TRY volume fees, bank identity matching and transfer restrictions

Midas Kripto presents a direct mobile experience for Turkish crypto investment and trading while retaining a distinct legal identity from securities transactions carried out through Midas brokerage entities. The fee schedule prices crypto orders based on rolling 30-day volume in Turkish lira; it does not borrow the commission schedule for US stocks or Borsa İstanbul equities.[1][2][3]

The reviewed help centre covers crypto purchases and an account ledger but makes no claim that a verified user can access futures, options or leverage. The policy governing deposit transfers also imposes separate network and travel-rule checks; placing a trade and moving an asset outside the venue are not the same entitlement.[1][6]

Midas Kripto’s published bands use a 30-day trading-volume measure: below 10 million TRY the rate is 0.15%, between 10 million and 100 million TRY it is 0.12%, and at or above 100 million TRY it is 0.10%. These are not self-selectable “pro” memberships. The relevant fee band must be determined by the account’s recorded prior volume and applied under the actual order conditions.[2][3]

For illustration, an executed 25,000 TRY order at the first band’s published 0.15% rate produces 37.50 TRY commission. At 0.12% it would be 30 TRY and at 0.10% 25 TRY, if the same notional and other conditions remained unchanged. This is a trading-fee example, not the all-in price impact of an order or a representation of a particular customer’s tier.[2]

Fiat funding routes are a same-name bank deposit or a transfer from the user’s Midas investment balance. The policy excludes cashless card-style transfers and third-party payments, with sender national ID matched to the registered account. An inbound cryptocurrency transfer is accepted only over a supported network; mismatched network, incorrect address or transfer below a minimum can create loss or a stranded deposit.[4][6]

The published crypto-transfer policy clearly states that outgoing cryptocurrency withdrawals were not yet active as of the policy’s published form. A later promotional page mentions deductions involving potential crypto withdrawals but does not independently confirm that the live outward transfer feature was switched on for all customers. This profile therefore marks outbound crypto transfers as not demonstrated by controlling policy. Bank payout timing differs for partner banks and for EFT/FAST at other banks.[6][5]

The policy says customer fiat is tracked separately from the company’s own money in designated bank accounts; that is a cash-administration statement rather than evidence of deposit insurance on cryptocurrency. The user’s crypto balance is platform-held, not a private key exposed for unilateral withdrawal through the app. Supported networks and memo requirements are operational controls independent of a custody-safety marketing slogan.[6]

After a crypto arrival, the travel-rule workflow can require sender details to be entered and checked before the account is credited. A transaction broadcast on-chain does not by itself satisfy this platform-level requirement. For address errors the policy warns that crypto transfers are generally irreversible. Keep complete sending-account evidence, chain/network and transaction hashes for support.[6]

Midas Kripto’s own support centre says a retail account needs Turkish citizenship and the new chipped Turkish identity card, and applications are made through the dedicated mobile app. This is more specific than generic “available in Turkey”: a visitor or foreign resident should not assume eligibility simply because they have a local phone or bank account.[1]

The same-name sender rule then gates deposits. An applicant who passed app identity verification but uses someone else’s bank account can have a transfer refused. The site’s statement that the wider Midas group serves millions of customers must not be mislabelled as an audited number of funded crypto accounts.[4][1]

The official help centre publishes 0850 242 96 96 and a business contact email, and says customers can reach support around the clock. If a cryptocurrency deposit does not credit, the necessary evidence includes wallet address, blockchain network, token, hash, sending provider and travel-rule sender declarations. A bank-transfer problem calls for the sender IBAN and national ID match record instead.[1][6]

The exact downloadable statement format, account closing timeline and full tax-report functionality could not be verified from the public pages inspected. A user should preserve transaction history, fees, conversion values and TRY payout statements before initiating account closure or moving between brokerage and crypto subaccounts.[1][4]

Midas Kripto Varlık Alım Satım Platformu AŞ appears on the SPK provisional list; the regulator records its old name, Midas Blokzinciri Yazılım Teknolojileri AŞ. The official warning is explicit that inclusion on this list must not be interpreted as final authorisation. Company existence, an SPK list entry and a fully granted service licence are separate legal facts.[7]

The reviewed materials did not substantiate a definite final-licence number or an insured custody fund. The financial group’s securities protections are not automatically crypto protections for the other operating company. The permissions array is intentionally empty rather than inserting an unsupported “authorised” status.[7][3]

The legal operator listed by the regulator and identified in the dedicated product help centre is Midas Kripto Varlık Alım Satım Platformu AŞ. Midas Finansal Teknolojiler supplies app access, while the Midas securities business has different instruments, fees and investor protections. This separation is decisive when interpreting support cases or the cost of transferring cash between the two environments.[1][3][7]

Public headline references to the Midas group’s user reach do not isolate the number of actively funded crypto traders. It would be unsound to assign the whole app ecosystem’s customer count to this exchange operator. The profile therefore reports disclosed product features and fee volumes, not an invented national volume rank.[1]

Operator

Midas Kripto Varlık Alım Satım Platformu AŞ

Exchange model

Centralised

Service scope

Mobile-first local crypto buying and selling with 30-day TRY-volume percentage pricing; served by a separate crypto legal entity from Midas securities brokerage.

Client types

Retail clients

Pricing publication

Public pricing

Other names

Midas Blokzinciri Yazılım Teknolojileri AŞ

Headquarters

Türkiye

Covered jurisdictions

Türkiye

Pricing scope

Published 30-day TRY turnover bands: below 10m 0.15%; 10m–below 100m 0.12%; 100m+ 0.10%. Crypto fees belong to the local crypto entity, separately from securities brokerage.

Funding scope

Local named bank accounts and internal movement from Midas investment balances; cash can leave for own matched bank account subject to rail constraints.

Custody and asset handling

Custodial client balances. Published cash/crypto transfer policy supports inbound deposits on offered networks but states outbound cryptocurrency transfers are not yet active under that policy.

Client eligibility

Website says a Turkish citizen with a new-format chipped identity card must open and verify the mobile account; residency alone is not stated to suffice.

Support

Midas Kripto support centre, customer line and published official email; 24/7 contact claim without confirmed investigation SLA.

Authorisation and registration scope

On provisional SPK list under current Midas Kripto Varlık Alım Satım Platformu AŞ with older title Midas Blokzinciri Yazılım Teknolojileri AŞ; inclusion is not a final permission.

Exchange metadata checked 26 Oct 2026Source 1Source 2Source 3Source 4Source 5Source 6Source 7

For an eligible Turkish user mainly buying and holding crypto in a custodial app, the transparent rolling-volume commission tiers and linked cash transfers are accessible benefits. The decisive limitation is asset mobility: the written policy still says outbound crypto transfers are not active, so no review should advertise unrestricted self-custody withdrawal as an established function until a newer authoritative notice is verified.[2][6]

Before opening a large position, verify that the exact asset and network can be deposited and exited through the intended route, and that the KYC identity will match bank records. This was a documentary review, not a funded test of liquidity, order execution or support speed. Historic promotions are excluded from current pricing comparisons.[1][6]