Magnet Fees

Deposit, Trading & Withdrawal fees

Magnet Exchange Fees

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Crypto Exchange Promotions

Don't miss the best crypto exchange promotions currently available for you. Take advantage of them to save money when buying your favourite cryptos, such as Magnet.

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Coinbase

Use this link to sign up to Coinbase and get $10 of Bitcoin for free after buying or selling $100 in cryptos! ❤❤❤

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Gemini

Use this link to sign up to Gemini and get $10 of Bitcoin for free after buying or selling $100 in cryptos! ❤❤❤

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Poloniex

Use this link to sign up to Poloniex and get a 10% trading fee rebate on your trades.

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Bithumb

Use this link to sign up to Bithumb and get a 10% trading fee rebate on your trades.

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FTX

Use this link to sign up to FTX and get a 5% trading fee rebate on your trades.

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What is Magnet?

Magnet network is designed so anyone can benefit from holding and supporting the coin. Magnet is community oriented, but at the same time we are driven by our vision so the network is able to withstand the intensity and speed of how everything in blockchain technology progresses. In the first Year lot of our attention will go towards Magnet Wallet. User experience will be overall smoother and richer in features. Masternode owners will have more tools at their disposal. Added tutorials and documentation will bring clarity to users on all levels of experience. New wallet (MW2.0) features will make developing on the Magnetwork available for other developers. All the features will be implemented step by step to preserve maximum network security while opening up to new possibilties.

Cryptocurrency Payments Masternode Proof Of Work X11 Platform Mining

Launch date 2017-11-14
Development status None
Whitepaper Link
Org. Structure Decentralized
Open source Yes
HD Wallet No
Consensus type Proof of Work & Proof of Stake
Hash algorithm X11

Magnet sites

Coin categories

Cryptocurrency
Digital asset designed to work as a medium of exchange that uses cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Payments
Payment systems, micro-transactions and transfers.
Masternode
Masternode is simply a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain in real-time, with appropriate collateral amount of cryptocurrency deposited, and it’s always up & running.
Proof Of Work
Algorithm wherein the more a miner pays for the computing equipment required to crack the cryptographic puzzle, the better chances there is to score the right to mine the blocks.
X11
It’s an algorithm that is used by Dash, etc. (ASIC mining)
Platform
A platform is a group of technologies that are used as a base upon which other applications, processes or technologies are developed.
Mining
It's the process by which transactions are verified and added to the public ledger, using computing power
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