Review on Magnum Wallet by Olugbenga Ajayi
Magnum is a wonderful, feature rich wallet
Magnum wallet is a wonderful cryptocurrency wallet that supports many cryptocurrencies and coins. It is a non custodial wallet hence users can have control over their private keys.
Most of the users on its ecosystem applaud the wallet for three major factors:
1. It allows users to earn passive income through claiming forks and earning airdrops.
2. Their customer support team are very reliable. They attend to customers even at odd times via live chats and email.
3. Users can import hardware wallet into Magnum wallet for further securing assets.
For security, being a non custodial wallet already eliminated most of the fear since the private keys are placed under users control. Additional all users information are protected with industry standard encryption.
However there are some complain about the minimums required for trading.
Pros
- Customer support service is very good.
- It has in wallet exchange
- It uses industry standard encryption
- It allows importation of other wallets
- Users can earn passive income through staking
- The wallet is easy to use
- The app software can be verified on GitHub since it is open source
Cons
- The minimums required to trade or send is a bit too high
