MAG

Magnum Trading price
MAG
#9463

$0.1055  

7.58% (1d)

Magnum Trading to USD Chart

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Magnum Trading statistics
Market cap
$356.49K

0.00%

Volume (24h)
$0

0.00%

FDV
$356.49K
Vol/Mkt Cap (24h)
0%
Total supply
3.38M MAG
Max. supply
3.38M MAG
Self-reported circulating supply
3.38M MAG
100%
MAG to USD converter
MAG
USD
Price performance
24h 
Low
$0.09804
High
$0.1055
All-time high
Jun 07, 2024 (5 months ago)
$1,522.83
-99.99%
All-time low
Oct 05, 2024 (a month ago)
$0.06757
+56.08%
See historical data


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Magnum Trading community

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CMC Daily Analysis

About Magnum Trading

Magnum is the on-chain automated trading platform with web and mobile app interfaces. We enable users to create copy-trading bots, token sniping bots, presale entry bots along with limit orders and market trading On-chain on DEX platforms. We have the fastest executing bot scripts written in Golang - the holy grail of fast execution. Our strategies allow users a guaranteed execution in their desired block. All the transactions users send from Magnum are sent to private relays and are absolutely immune to MEV bots which try to eat their whole profit. Magnum aims to be the standard of trading tools in the market. That is why it was very important to be available on every platform and in every form the users trade in. So along with the Telegram bots, we have our own web portal and mobile apps to provide our users a simple and understandable fast user interface, so they can focus on the finance rather than struggling with a chat bot. Magnum uses shared wallets for all the trading so user funds are never stuck with the platform and they can anytime export the wallet and start using from any other wallet software they like. All the keys are stored with 256 bit double encryption which makes it impossible to get access to user funds for the intruders even if they get access to Magnum's servers. We have been in crypto for a while and we understand wallet security must be the top priority of any financial platform in crypto. Along with the services, we run our own MEV bots to frontrun market transactions. To maximise the probability of successful MEV transactions, we bundle users' trading transactions with our bot transactions. This achieves transaction privacy for the users and we have more chances to win the gas war so our MEV bots earn more profit. It's a win-win solution for both us and our users. Because we want to avoid competition between our own users, we run a common pool of frontrunning MEV bots and the users who want profits from our MEV bots, deposit their ETH in a master pool address, in return of which they get the MAG tokens as security and proof of their investment with us. Funds are locked in different tiers. We use the pool to maximise the profit and distribute all of it between our users. We have a few advantages and broader vision for the future of automated On-chain crypto trading over our competitors. They are all written in slower technologies and only provide limited client options like the Telegram bot only. We have faster executing bots and proper web and mobile app clients for the users. We also provide one-stop solution for all kinds of bots.