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Magnum Trading news
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.
The live Magnum Trading price today is $0.103284 USD with a 24-hour trading volume of $4,428.79 USD. We update our MAG to USD price in real-time. Magnum Trading is up 2.96% in the last 24 hours. The current CoinMarketCap ranking is #5020, with a live market cap of not available. The circulating supply is not available and a max. supply of 3,380,000 MAG coins.
If you would like to know where to buy Magnum Trading at the current rate, the top cryptocurrency exchange for trading in Magnum Trading stock is currently SushiSwap (Ethereum). You can find others listed on our crypto exchanges page.