Our product vision
Magma will make interacting with Tezos easy, secure, and commonplace.
Safety and security are our highest priorities. Your funds are safe with Magma, and we place power and control of your assets directly in your hands. Design and user experience are also essential to our philosophy. We want your interactions with Magma to be smooth and intuitive, and our app a pleasure to use. Our roadmap includes many exciting and useful features that will highlight the possibilities of Tezos and open, decentralized finance.
Founder & CEO
Senior Product Manager
Lead Blockchain Developer
Lead Android Developer
Lead iOS Developer
Blockchain & DevOps
Q:Can I buy Tezos with USD or other fiat currencies on Magma?A:
No, currently you will have to purchase Tezos from a centralized exchange such as Coinbase, Kraken, or Binance, and then send funds to your Magma wallet. We plan to incorporate direct purchase of Tezos with local currencies as soon as possible.
Q:What are the criteria for bakers to be listed on Magma?A:
We periodically refresh a list of all Tezos bakers to identify those offering 5.5% or greater nominal staking yield, greater than 99% efficiency, and less than a 16% fee.