Audience
Anyone in need of an all-in-one cryptocurrency wallet application with an intuitive interface and rich functionality
About Magnum Wallet
It is essential that you want to know more about our wallet. Here we will provide you with the most vital information about Magnum. Magnum is a light wallet, hence we do not receive and store users’ private keys, backup files or personal information. A light wallet is the most reliable and safe way to operate coins and tokens. Users have full control over their private keys during the whole session. The private keys never leave your device. They are encrypted and stored in the browser’s local storage. All transactions with blockchain are controlled by an encrypted SSL connection. Magnum operates with a backup file that contains the encrypted private keys. It is necessary to download a backup and keep it in a safe place. You can use the backup to get access to all your wallets via different devices or browsers. Users must enter the passphrase to decrypt the backup. We cannot recover your backup file or private key if you lose or forget the passphrase.