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Magpie wallet

The most secure hardware wallet for your Magpie

Elevate your Magpie security with Tangem. Join countless savvy users enjoying peace of mind.

Get Magpie wallet
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How to secure your Magpie with Tangem?

When you buy or hold Magpie in Tangem, it secures your private keys in many ways:

How to get a Magpie 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 Tangem
Firstly

Get the Tangem Wallet.

Take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.

Then

Sync Tangem Wallet with our App.

During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.

Finally

Discover the power of crypto.

Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.

Why choose Magpie 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 Magpie (MGP)?

Magpie, represented by the token symbol MGP, is a sophisticated platform operating on the BNB Chain. It is meticulously crafted to augment the returns for those providing liquidity and for governance token holders engaged in veTokenomics protocols. The veTokenomics approach, first made popular by Curve, necessitates users to lock their governance tokens into vote-escrowed tokens (veTokens) for a set duration. This mechanism boosts voting influence and enhances claims on governance token distributions, aiming to both regulate governance token supply and reward committed, long-term holders.

What is a Magpie wallet?

A Magpie wallet functions as a secure repository for your private keys, which are essential for managing your Magpie addresses. While it doesn't actually store Magpie directly—your crypto assets remain on the blockchain—it plays a vital role in generating and conserving these private keys. In essence, a Magpie wallet facilitates the storing, sending, receiving, and overseeing of your Magpie assets.

How does a Magpie wallet work?

Magpie wallets employ a system of public and private key pairs to handle blockchain accounts. Your private key, which is unique and confidential, enables access to your specific Magpie account, whereas your public key can be shared to receive funds. To execute a transaction, you must use the associated private key. Tangem Wallet ensures the creation and preservation of these private keys within its secure chip.

What are the types of Magpie wallets?

  • Exchange Magpie Wallets:
    Centralized platforms such as Binance and Coinbase allow Magpie trading with fiat currencies through custodial wallets, though they bear the risk of restricted account access.

  • Software Magpie Wallets:
    These are typically installed on your devices, managing your private keys and Magpie tokens with ease, but are susceptible to malware and cyber threats. They encompass mobile, desktop, and browser versions.

  • Mobile Magpie Wallets:
    Smartphone applications designed for convenient Magpie management.

  • Desktop Magpie Wallets:
    Programs installed on computers, where private keys are stored on the hard drive or SSD.

  • Hardware Magpie Wallets:
    Devices such as Tangem offering offline storage, safeguarding your assets against online vulnerabilities.

How to Choose the Best Magpie Wallet

Selecting the ideal wallet is a personal choice, often influenced by a need for ease of use, dependability, robustness, and security. For optimal protection against online threats and for safeguarding significant Magpie holdings, a hardware wallet like Tangem is advisable.

Magpie MGP
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Tangem supports other cryptocurrencies

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Magpie FAQ

  • You can buy Magpie 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 Magpie, 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 Magpie 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 Magpie, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
  • Bitcoin (BTC), the undisputed king of cryptocurrencies, continues to dominate the digital asset landscape despite recent market turbulence.
  • Magpie Protocol isa decentralized, liquidity aggregation protocol for cross-chain swaps. It provides the best deal on any asset, across many of the top blockchains, all without the need for the user to bridge any assets themselves. The end result is an extremely fast and gas efficient solution to cross-chain swaps.

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Sleek black exterior, bold blue interior – holds up to 4 cards.

Cardholder Size: 10x7.5x1cm
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