About Magnum Wallet
Magnum Wallet is a multicurrency non-custodial wallet service. Designed for those who wish to manage their crypto portfolio in a secure and convenient interface, it also lets the user earn rewards through staking or by claiming forks and bounty airdrops. As part of their “Multiply Your Funds” paradigm, the team is always on the lookout for new ways to benefit the users. Combined with the multitude of supported coins & tokens, exchange capabilities and support of hardware wallets, this makes Magnum the all-in-one cryptocurrency wallet.
Magnum Wallet – Bitcoin, Ethereum, Crypto Exchange
Magnum Wallet is the all-in-one tool for buying and managing Bitcoin, Ethereum, Ripple, Litecoin, Stellar, Dash, Tezos, Tron, Monero, Zcash, Komodo, Dogecoin, NEM, Cosmos, ERC20 tokens, and hundreds of other cryptos. Features include a built-in crypto exchange (e.g. Changelly, Binance DEX), support of Ledger & Trezor hardware wallets, watch-only mode, staking and many other ways to earn passive income.
Simple & Secure Interface
Stay on top of your portfolio with intuitive navigation anytime, anywhere. With security & anonymity as our top priorities, we provide a fully non-custodial service, meaning that users have full control of their private keys and other personal information.
Manage over 50 coins from BTC to NEM as well as more than 700 tokens, including those on Ethereum, Tron Network, and Binance Chain. Magnum arguably supports more cryptocurrencies that you may know of, and you can trade them here, too. If you don’t believe us – check it out for yourself!
In-App Exchange Tools
Buy & sell cryptocurrency instantly and at low fees. Magnum Wallet have integrated a number of non-custodial crypto exchanges and trading platforms such as Binance DEX, Changelly, and CoinSwitch. Due to their cooperation with HitBTC, Shiftex, Changer, IDEX, Livecoin, and other providers, the number of trading pairs in Magnum is now over 60,000.
Multiply Your Funds
Receive extra coins and get passive income with Magnum. Claiming one of over 20 available forks of Bitcoin and Ethereum takes just a few seconds, and we regularly give out coins in bounty airdrops. Earn interest by staking or through delegation in projects such as Tezos, Callisto, and Navcoin, as well as by claiming rewards in Komodo.
Ledger & Trezor Support
Store your private keys in a protected chip to ensure the security of your crypto assets. Magnum Wallet partners Ledger and Trezor produce some of the best hardware wallets on the market. Link your device to this app and enjoy the combined capabilities of both. (This feature will be released in Q4 2019)
Manage Tokens in One Place
Buy, manage, and exchange your Ethereum (ERC-20), TRON (TRC-10, TRC-20) and Binance Chain (BEP2) tokens, and then swap them for the native token if and when it is released. Token swaps in Magnum are completely automated so that you can invest in and use these assets on-the-go.
1. Ledger Nano S:
Ledger Nano S is a hardware wallet that can easily be plugged into any USB port. It supports multiple coins and tokens. It has an OLED screen and a side button on the device. You can use the button to view and check all your transactions and your balance in the wallet. It is backed by a great support team and is constantly under development and will include more currencies in the future. The security features are quite strong in Ledger Nano. It is secured by passphrases, PIN codes and seed keys that makes it one of the most popular and secured wallets in the ERC20 platform
2. Trezor Wallet
TREZOR is a Bitcoin hardware wallet and launched in August 2014. It was the first Bitcoin hardware wallet, offering secure cold storage plus the ability to spend with the convenience of a hot wallet.
TREZOR is a small, key-sized device which connects to your computer with a USB cable. It stores your Bitcoin and cryptocurrency private keys offline and signs transactions. It can be safely used on a malware infected computer.
Tips for securely storing your Magnum Wallet
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.