Virtual Asset Offering

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Virtual Assets Available for Spot Trading

The following virtual assets are currently available for spot trading with MidChains FZE:

  • Bitcoin – BTC
  • Cardano – ADA
  • Ethereum – ETH
  • Bitcoin Cash – BCH
  • Litecoin – LTC
  • Solana – SOL
  • Polygon – MATIC
  • Ripple – XRP
  • Doge Coin – DOGE
  • Shiba Inu – SHIB
  • Tron – TRX
  • Avalanche – AVAX
  • Chainlink – LINK
  • Tether USDt – USDT
  • USDC – USDC

The list of Virtual Assets offered by MidChains FZE is constantly evolving, and our website will be updated as we add Virtual Assets for trading.

Information pertaining to tokens, including date of issuance, market cap and FDV, circulating supply, smart contract audit, and price changes, can be found via publicly available data sources such as CoinMarketCap.

Virtual Assets Standards

In the ever-evolving world of Virtual Assets (VAs), responsible management and compliance with regulatory standards are crucial. MidChains FZE has established its Virtual Asset Standards, drawing from VARA’s regulations. This detailed framework ensures that VAs are evaluated and managed in accordance with regulatory requirements and industry best practices.  

MidChains FZE considers the following factors for all Virtual Assets:

  • Market capitalisation, fully diluted value, and liquidity, and whether such metrics have trended downwards over time.
  • Design, features, and use cases of the Virtual Asset.
  • Compliance with applicable laws, regulations, rules, and directives, including but not limited to those relating to AML/CFT, sanctions, securities, and intellectual property.
  • Regulatory treatment by global authorities relevant to MidChains, ensuring the Virtual Asset has received the necessary regulatory approvals.
  • Whether a Virtual Asset is prohibited by global authorities relevant to MidChains.
  • Security and immutability of the underlying DLT protocol.
  • Future development roadmap as communicated by the Issuer and/or relevant developers.
  • Susceptibility to price manipulation, with transaction and trade monitoring tools implemented as mitigation.
  • Conflicts of interest (actual or potential).
  • Issuer background, including experience in the Virtual Asset sector and any history of investigations or claims related to fraud or deceit.
  • If the Virtual Asset represents rights to any other assets, ensuring enforceability of such rights.
  • Sufficient assets available to satisfy any obligation with respect to VA Activities.
  • Initial and regular reviews of Virtual Asset terms and conditions, ensuring they align with existing underlying physical markets and avoid adverse impacts, if applicable.
  • Periodic review of Virtual Asset terms and conditions to ensure correlation with physical markets and adherence to industry standards and practices, if applicable.

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