Which wallet is best for MGP?

A reliable wallet for MGP should prioritize robust security and user-friendly access. Tangem offers offline protection coupled with straightforward mobile management.

Are Magpie wallets free?

Many Magpie wallets are free to download. Hardware wallets cost money but offer stronger security by keeping keys offline.

What is the safest wallet for Magpie?

Online wallets can be targeted by malware, phishing, or remote attacks. The best wallets for Magpieminimize these risks by ensuring your private keys never come into contact with the internet, remaining protected within a secure element.

What is a Magpie wallet?

A Magpie wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your MGP.

Is MGP on BNB Chain the same as MGP on Arbitrum?

It is the same token in the sense that it belongs to the same project, but the balances are separate per chain. Moving MGP between BNB Smart Chain and Arbitrum requires a bridge, not an ordinary transfer.

What is the difference between MGP and the tokens of Magpie's sub-protocols?

MGP is the base governance token of the Magpie ecosystem. Each integration with a vote-escrow protocol has its own separate token, and those are not the same asset as MGP.

Do I have to lock MGP to hold it?

No. Locking is an optional action done through Magpie's contracts. Plain MGP sits in a wallet as an ordinary token and can be sent at any time.

Magpie wallet

The most secure hardware wallet for your Magpie

Elevate your Magpie security with Tangem. Join countless savvy users enjoying peace of mind.

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How to secure your Magpie with Tangem?

When you buy or hold Magpie in Tangem, it secures your private keys in many ways:

With Tangem's seedless setup and multi-card backup, your Magpie stays in your hands only.
IP69K water/dust protection keeps the cards safe from heat, cold, shocks, and X-rays.
Access code + biometric lock inside Tangem Mobile prevent unauthorized use.
Private keys are generated and stored inside the EAL6+ secure element — never leaving the card.

How to get a Magpie Crypto Wallet?

Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.

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Firstly

Get the Tangem Wallet.

Take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.

Then

Sync Tangem Wallet with our App.

During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.

Finally

Discover the power of crypto.

Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.

Why choose Magpie wallet with Tangem.

Privacy

No registration and KYC required to use the app. We don't track your data.

Security

Your private keys are encrypted and never leave your device. Only you have control over your funds.

Convenient designs

Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.

24/7 Customer care

Fast support for your needs. Live chat and email support for customers from all over the globe.

What is Magpie (MGP)?

Magpie sits on top of protocols that use vote-escrow tokenomics - the Curve-style model where a governance token has to be locked for a fixed term to carry voting weight. Instead of every user locking tokens themselves, Magpie pools them, does the locking centrally through its own contracts, and uses the resulting voting power on behalf of the pool. MGP is the token of that layer: it carries governance weight over how Magpie directs the votes it controls.

What a holder should know

MGP is not a single-chain token. It was launched on BNB Smart Chain, where Magpie started with Wombat Exchange, and it also exists on Arbitrum, where the Magpie family expanded to other vote-escrow protocols. The balances are separate. A transfer sent out on one chain does not appear on the other, and the two are bridged, not mirrored.

There is also a family resemblance to watch. Magpie's sub-protocols each issue their own token, and they all sound alike. MGP is the base token of the Magpie ecosystem; the others belong to individual integrations and are not interchangeable with it, even though they appear side by side in the same interfaces.

Supported networks in Tangem (2): Arbitrum One, BNB Smart Chain.

Because MGP exists in two places, Tangem keeps a distinct balance for each network and names the network on the transaction screen before the card signs - worth a glance, since an EVM address looks identical on both and only the sender knows which chain the recipient is watching. Holding MGP across chains is simply easier when each side is shown separately rather than added together.

Learn more about Magpie

Tangem supports other cryptocurrencies

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Magpie FAQ

A reliable wallet for MGP should prioritize robust security and user-friendly access. Tangem offers offline protection coupled with straightforward mobile management.
Many Magpie wallets are free to download. Hardware wallets cost money but offer stronger security by keeping keys offline.
Online wallets can be targeted by malware, phishing, or remote attacks. The best wallets for Magpieminimize these risks by ensuring your private keys never come into contact with the internet, remaining protected within a secure element.
A Magpie wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your MGP.
It is the same token in the sense that it belongs to the same project, but the balances are separate per chain. Moving MGP between BNB Smart Chain and Arbitrum requires a bridge, not an ordinary transfer.
MGP is the base governance token of the Magpie ecosystem. Each integration with a vote-escrow protocol has its own separate token, and those are not the same asset as MGP.
No. Locking is an optional action done through Magpie's contracts. Plain MGP sits in a wallet as an ordinary token and can be sent at any time.

Buy a Magpie hardware wallet — Tangem

3 Cards setSafer$69.902 Cards setCheaper$54.90Family PackBest value for two cold wallets$139.80Tangem RingRing & 2 cards$160.00Tangem Pro KitAll you need$180.00

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