Magic Square wallet
The most secure hardware wallet for your Magic Square
Invest in your Magic Square securely. Tangem Wallet ensures total control and peace of mind in a large user network.
How to secure your Magic Square with Tangem?
When you buy or hold Magic Square in Tangem, it secures your private keys in many ways:
- With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
- Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
- An access code and biometric authentication protect against unauthorized access.
- Private keys are generated and stored on its EAL6+ CC secure element.
How to get a Magic Square Crypto Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemWhy choose Magic Square wallet with Tangem.
Privacy
No registration and KYC required to use the app. We don't track your data.
Security
Your private keys are encrypted and never leave your device. Only you have control over your funds.
Convenient designs
Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Customer care
Fast support for your needs. Live chat and email support for customers from all over the globe.
What is Magic Square (SQR)?
Magic Square, symbolized as SQR, presents itself as a dynamic platform crafted for the Web3 crypto landscape. It allows users to dive into an extensive selection of community-reviewed apps and games while offering enticing rewards and engaging giveaways. The platform opens the door to fascinating use-to-earn opportunities. Built on the BNB Smart Chain, the SQR token is the backbone of the Magic Square ecosystem, ensuring seamless collaboration among its users, developers, and validators.
What is a Magic Square wallet?
A Magic Square wallet holds the private keys required to manage your SQR addresses. These wallets do not store the SQR token directly; instead, the actual cryptocurrency resides on the blockchain. Their main function is to generate and safeguard private keys, enabling you to interact with your SQR accounts. Essentially, a Magic Square wallet facilitates the storage, sending, receiving, and managing of your SQR tokens.
How does a Magic Square wallet work?
The Magic Square wallet operates through pairs of public and private keys that manage blockchain accounts. It is imperative to keep your private key secret as it grants access to a particular SQR account, while the public key can be shared to accept incoming SQR tokens. To withdraw your tokens, the possession of a private key is necessary. The Tangem Wallet is designed to create and securely store these private keys within its chip, ensuring your Magic Square transactions are safe.
What are the types of Magic Square wallets?
Exchange Magic Square Wallets:
Platforms such as Coinbase, Binance, and Kraken offer the purchase of SQR via custodial wallets, which are risky as they may limit account access.Software Magic Square Wallets:
Installed on electronic devices to handle private keys and SQR, these wallets are known for their user-friendliness, yet they face threats from malware and cyber crimes. They include mobile, desktop, and browser-based versions.Mobile Magic Square Wallets:
Applications that allow you to manage your SQR on your smartphone.Desktop Magic Square Wallets:
These are installed on computers, saving private keys on hard drives or SSDs.Hardware Magic Square Wallets:
Offline devices like Tangem provide robust protection against online vulnerabilities.
How to Choose the Best Magic Square Wallet
Selecting the ideal wallet involves prioritizing factors such as simplicity, dependability, strength, and safety. For those aiming to protect against digital threats and securely store substantial amounts of SQR, a hardware wallet like Tangem stands out as a superior choice.
Magic Square SQR
Tangem supports other cryptocurrencies
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See all supported cryptosMagic Square FAQ
- You can buy Magic Square on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
- For long-term storage of Magic Square, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
- Transfer fees for Magic Square depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
- To create a wallet for Magic Square, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Magic (MAGIC) is a utility token that serves as the connective tissue for gaming communities within the Treasure Metaverse, a decentralized NFT ecosystem built on Arbitrum, a Layer 2 scaling solution for Ethereum.
- Magic Square isa Web3 platform that offers an app store where users may access and utilize crypto-based applications that have been endorsed by the community. In this article, we give a quick introduction to Magic Square and describe how it offers Web3 solutions to open up crypto-based apps to all users.
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