The safest way to exchange coins: Changelly & Magnum Wallet collaboration
We are glad to announce the Changelly & Magnum partnership. A new outstanding option for Magnum Wallet users is available: exchange coins and tokens on Ledger directly in Magnum Wallet using the Changelly’s exchange tool. Magnum Wallet is continuously improving the user experience and broadening the options: forks claiming and staking income models, the support of hardware wallets and now exchange — all in one safe wallet.
About Magnum Wallet
Magnum is a light and anonymous web wallet for managing more than 700 crypto assets. Magnum desires to provide users with the opportunities to earn passive income on their digital assets. The passive income models provided by Magnum Wallet can be interesting for all kinds of users. Magnum regularly lists the forks of Bitcoin, Ethereum and other cryptocurrencies to allow users to claim these forks and earn extra funds safely. Another way to receive a passive income is to participate in DPOS like networks. One can earn interest on delegating or staking coins in the Tezos and Komodo networks. Magnum keeps observing the market to include as many safe and profitable features as possible in order to allow users to increase their income.
How to perform an exchange
Haven’t tried a new shady feature to execute an exchange via Changelly using Magnum Wallet yet? Let’s dive in this quick tutorial to make this process clear!
At first, visit app.magnumwallet.co to create a new wallet or restore an old one with the private keys.
Go to the “EXCHANGE” section to start and then choose one of your wallets from the list to exchange coins. After that, choose the recipient address from the list or enter the public key manually.
Then a minimal exchangeable amount for the selected pair will be shown. Click “NEXT” to move to the next step where it’s possible to check the current rate and fees for an exchange. You can enter the amount that you would like to send in the field below “Amount to send” to see how much you will get in other currency and press the “NEXT” button to move to the next step.
The Confirmation tab is created to familiarize you with the details on the exchange:
- The amount of sent and received coins
- Sender and recipient addresses
- Network and exchange fees
- The estimated time of an operation
You must enter your passphrase and click “CONFIRM” to perform an exchange.
Success! You did everything right. Magnum Wallet offers to you to claim forks while waiting for an exchange to proceed and for your funds to get back to the recipient wallet.
The benefits of the Magnum & Changelly partnership are apparent since it provides users with a great opportunity not only to manage their digital assets in a particular blockchain network but also to exchange one coin to another. Moreover, there is a supreme option to exchange coins using hardware wallets and to be on the safest side.
Changelly is a non-custodial instant cryptocurrency exchange. We act as an intermediary between crypto exchanges and users, offering access to 130+ cryptocurrencies. The company mission is making exchange process effortless for everyone who wants to invest in cryptocurrency. Operating since 2015, the platform and its mobile app attract over a million visitors monthly who enjoy high limits, fast transactions, and 24/7 live support. Changelly offers its API and a customizable payment widget to any crypto service that wishes to broaden its audience and implement new exchange options. The platform also provides its Affiliate program with a 50% revenue share mechanism. Changelly partners with Exodus, BRD, Ledger, Trezor, Edge, Coinpayments, Binance, Coinomi, Huobi Wallet and other well-known players in the crypto industry.
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Nice swaps, #Changellions!