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Merlin Chain wallet

The most secure hardware wallet for your Merlin Chain

Secure your precious Merlin Chain with Tangem Wallet, trusted by countless satisfied users worldwide.

Get Merlin Chain wallet
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How to secure your Merlin Chain with Tangem?

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

How to get a Merlin Chain 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 Merlin Chain 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 Merlin Chain (MERL)?

Merlin Chain serves as a Layer2 enhancement for Bitcoin, designed to expand its capabilities. It supports native Layer1 assets alongside a range of additional protocols. As an EVM-compatible chain, it promises minimal transaction costs and impressive scalability, ensuring swift transaction finalization and improved liquidity.

What is a Merlin Chain wallet?

A Merlin Chain wallet is your gateway to managing private keys linked to your MERL address, rather than holding the cryptocurrency itself, which remains on the blockchain. Its primary function is to generate and securely store private keys, granting you control over your MERL accounts and facilitating transactions.

How does a Merlin Chain wallet work?

Merlin Chain wallets utilize a combination of public and private keys to manage interactions on the blockchain. Your private key is a unique code to access your MERL account and must be kept private, while the public key can be shared to receive MERL from others. To make transactions, the private key is essential. Tangem Wallet manages the generation and secure storage of these keys within its hardware.

What are the types of Merlin Chain wallets?

  • Exchange Merlin Chain Wallets:
    Centralized platforms like Coinbase or Binance offer custodial wallets where you can acquire MERL using ordinary currency. However, they could restrict access to your account at any time.

  • Software Merlin Chain Wallets:
    These are applications you install on your devices to manage your MERL and associated keys. While user-friendly, they remain susceptible to cyber threats such as malware. They come in variations including mobile, desktop, and browser extensions.

  • Mobile Merlin Chain Wallets:
    These are apps for smartphones, allowing on-the-go management of your MERL investments.

  • Desktop Merlin Chain Wallets:
    Software used on a PC, storing private keys on local storage like hard drives or SSDs.

  • Hardware Merlin Chain Wallets:
    Offline devices like Tangem, offering enhanced security by keeping keys away from internet threats.

How to Choose the Best Merlin Chain Wallet

The right wallet for you will depend on your priorities, such as ease of use, reliability, and security. For robust protection against online risks and secure storage of large sums, a hardware wallet like Tangem is advised.

Merlin Chain MERL
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Tangem supports other cryptocurrencies

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Merlin Chain FAQ

  • You can buy Merlin Chain 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 Merlin Chain, 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 Merlin Chain 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 Merlin Chain, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
  • Merlin Chain isa Bitcoin-native Layer 2 solution that enhances the scalability and security of the Bitcoin network.

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