Day: September 27, 2019

Creating a Magnum Wallet on Desktop

Go to and click [Create New Wallet]. Enter a strong password, confirm it and then click [Next]. Click on [download your backup file]. Your backup key will be downloaded onto your system in Downloads. Keep it safe.  Click on [Display Mnemonic Phrase]. You will be given a Mnemonic Phrase which is akin to a secret key.  Write down the Mnemonic phrase on paper and do not share it with anyone. Only the Mnemonic phrase can be used to recover your account in case you forget your password.  If you lose the Mnemonic phrase or your backup key, you will