What you can do with Magma Finance in Coinomi
Hold, send and receive Magma Finance (MAGMA) in Coinomi, the self-custody wallet since 2014, on Sui. Your keys stay on your device, and there is no Coinomi account to create.
- Hold it yourselfYour Magma Finance keys are created and kept on your device. One recovery phrase restores your whole wallet, and there is no Coinomi account to create.
- Send and receiveCoinomi adds no fee to send or receive MAGMA. The network you send on charges its own fee, paid in that network's coin, and Coinomi warns you about an unusual fee before you confirm.
- SwapCompare quotes from several providers and swap MAGMA for other coins without leaving the wallet, wherever a provider supports the pair.
- Buy and sellBuy and sell crypto by card or bank transfer through BTC Direct, Simplex and Onramper, where available. Providers set their own fees and checks.
Swap Magma Finance
Trade Magma Finance for other coins, or other coins for Magma Finance, straight from the wallet where you hold the keys.
- Swap MAGMA
Compare quotes from several providers and trade MAGMA for other assets.
Swap Magma Finance
Popular swaps
Providers set their own fees and checks, shown before you confirm.
Where Magma Finance lives
In Coinomi, Magma Finance is supported on:
The same token can exist on several networks. Send and receive on the same network, and check it before you send.
Magma Finance wallet questions
Is Coinomi a self-custody Magma Finance wallet?
Yes. Coinomi creates and stores your Magma Finance keys on your device, and there is no Coinomi account to create. Only you can move your MAGMA. That also means Coinomi can't recover a lost recovery phrase for you.
What does it cost to hold or send Magma Finance?
Coinomi is free to download, and it adds no fee to send or receive MAGMA. The network you send on charges its own fee, paid in that network's coin. Swap and buy providers set their own fees.
How do I buy or swap Magma Finance?
Open Coinomi and choose swap to trade another coin for MAGMA, wherever a provider supports the pair. You can also buy crypto by card or bank transfer where available. Providers set their own fees and checks.
Which devices does the Magma Finance wallet work on?
iPhone and iPad, Android, Macs with Apple silicon, Windows and Linux. The same recovery phrase opens your wallet on each of them.
How do I restore my Magma Finance wallet?
Install Coinomi, choose to restore a wallet, and enter your recovery phrase. One phrase restores every coin in the wallet, and Coinomi can scan for the coins and accounts you used before. Keep the phrase offline and private.
Can I swap Magma Finance for another coin?
Yes, wherever a provider supports the pair. Open Coinomi, choose swap, and compare quotes from several providers to trade MAGMA for another coin. Providers set their own fees and checks, shown before you confirm.

