Mina is a layer-1 blockchain using recursive zero-knowledge proofs to make verification compact, and MINA is its native coin. The project was previously called Coda. MINA is not simply an Ethereum token, and compact proofs do not mean that all transaction data or application state is stored in a tiny proof.
layer 1 Mina
Mina
(MINA)
Mina is a layer-1 blockchain using recursive zero-knowledge proofs to make verification compact, and MINA is its native coin. The project was previously called Coda. MINA is not simply an Ethereum token, and compact proofs do not mean that all transaction data or application state is stored in a tiny proof.
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What is Mina?
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20 answers source-reviewed with Codex assistance. Reviewed . This review covers the answers, not exchange listings or the rest of the page.
How does Mina work?
Mina combines proof-of-stake block production with recursive zk-SNARKs that certify ledger validity. Specialized SNARK workers supply proofs, while block producers include transactions and maintain consensus. This separates proof generation from stake-weighted block production; buying MINA does not automatically make your wallet an active node or hide ordinary transfers.
Who created Mina?
Mina was incubated by o1Labs, founded by Evan Shapiro and Izaak Meckler, with other engineers, researchers, and community contributors involved in development. The Mina Foundation supports the ecosystem but is distinct from o1Labs. The earlier Coda name appears in historical primary announcements, not as a second coin you must purchase.
What is Mina used for?
MINA is used for network transaction fees, stake-weighted consensus participation, and paying for proofs in Mina's SNARK marketplace. The network also supports zero-knowledge applications called zkApps. A zkApp can prove selected facts without publishing all inputs, but holding MINA alone does not activate an application's privacy features or create a guaranteed yield.
Where can you buy Mina?
Check a platform's official MINA market and native Mina withdrawal support for your country and account. No current exchange listing is established here. A token using the same ticker on an EVM network is not automatically native MINA, and a wallet's ability to display a price is not evidence that a venue accepts deposits.
Mina exchange reference guides
Before you buy| Exchange | Observed pairs | Catalogue status | Checked (UTC) | Checklist |
|---|---|---|---|---|
| Coinbase | MINA-EUR, MINA-USD, MINA-USDTCoinbase Exchange public spot catalogue, not Coinbase Advanced or retail account eligibility | Reported open | Check route | |
| Binance | MINABNB, MINABTC, MINABUSD + moreBinance.com global public spot catalogue; not Binance.US or regional/account access | Reported open | Check route | |
| Kraken | MINAEUR, MINAGBP, MINAUSD + moreKraken international public currency spot pairs plus Support full names and public canonical-to-altname metadata; not regional, retail, funding or account eligibility. | Reported open | Check route | |
| KuCoin | MINA-USDTKuCoin global public spot symbols and asset names, not account or withdrawal eligibility | Reported open | Check route | |
| Gate.io | MINA_USDTGate global normal spot currency-pair catalogue and embedded full names from api.gateio.ws; premarket excluded; not Gate.US/EU/Dubai, account, region or funding eligibility | Reported open | Check route | |
| Bitget | MINAUSDTBitget classic public spot catalogue joined to literal names/symbols from the first ten English price-table pages, each bound to its canonical and successful page-specific hydration query. Bounded name coverage, not all price pages or regional/account, contract, funding or withdrawal eligibility. Price presence alone is not a listing. | Reported open | Check route | |
| HTX | minausdtHTX global public spot symbols plus complete currency full-name settings; explicitly tagged ETPs excluded; API status is not regional/account, retail, contract/network or funding eligibility | Reported open | Check route | |
| Upbit | BTC-MINA, KRW-MINAUpbit Korea public spot market list; not Singapore, Indonesia, Thailand or account eligibility | Listed; execution unknown | Check route |
How to buy Mina
Plan your purchaseHow much Mina?
How can you buy Mina safely?
Confirm native Mina network support, the receiving address, total cost, and withdrawal rules before buying MINA. Obtain wallet software through the official project's linked resources and inspect transaction details before signing. A purchase into a new account can incur a separate account-creation charge, so a small first deposit may not equal the final balance received.
Can you buy a fraction of Mina?
Yes, MINA supports fractional holdings down to nine decimal places, with one MINA equal to one billion nanomina. A platform may impose a larger trade or withdrawal minimum. A newly created Mina account also has a network account-creation charge, so very small first deposits need special care.
How much does it cost to buy Mina?
The total cost of buying MINA includes the trade price, spread, venue fees, and any withdrawal charge. Native transfers also pay fees in MINA, and first funding of a new account has a separate creation charge. Check both the amount sent and expected balance received instead of assuming the purchase amount covers every cost.
How much is one Mina worth?
Use this site's timestamped dynamic reference panel for the latest available MINA price, its currency, and update time. That is a market reference rather than a promised execution price. Neither Mina's compact-proof design nor a block producer's staking payout policy fixes the coin's fiat value.
Is Mina a good investment?
MINA can lose value through market movements, inflation, network failures, custody errors, or application-specific vulnerabilities. Delegation does not guarantee that a block producer will pay a particular reward, and zero-knowledge technology is not a guarantee of investment safety. No purchase amount is universally safe. This is not financial advice.
Compare two order previews
Use MINA credited after buying fees and spread. Extra USD charges must exclude fees already included in the total. Enter 0 only when confirmed.
Which quote delivers more MINA?
Enter your order-preview numbers or use the labeled example. Unknown charges are never treated as zero.
Mina wallets & storage
How do you get a Mina wallet?
Install a wallet that explicitly supports Mina mainnet, using the links in Mina's official wallet documentation to reach the provider. Create the account, back up its recovery material privately, and verify its native Mina receiving address. Check the account-creation charge before first funding; an ordinary Ethereum account alone is not a native Mina wallet.
How can you store Mina securely?
Keep MINA recovery material offline, never share private keys or a seed phrase, and verify wallet and support URLs. Mina's security guidance also recommends transaction checks and stronger exchange-account protection. Native delegation keeps spending control with your wallet, but that does not protect against a compromised key or a malicious transaction you sign.
Sending & cashing out Mina
Match your networks
For MINA, copy the exact network names shown in your apps. This compares your entries, not a verified list of supported networks.
Enter both network names
Copy the exact network name shown for this asset in each app. No supported-network catalogue is assumed here.
How do you send Mina to another wallet?
Use your Mina wallet to send native MINA to the recipient's confirmed Mina address, checking the amount, fee, and any requested memo before signing. Leave enough MINA for transaction costs. If the destination is a new account, check its creation charge before choosing a test amount, and confirm the transaction through an explorer.
How long does a Mina transfer take?
MINA transfer time depends on transaction inclusion, the network's current operation, and the recipient platform's confirmation requirements. Use the transaction identifier to check status on a Mina explorer rather than relying on a fixed delivery promise. A delegation change becoming active follows its own staking schedule and is separate from a normal coin transfer.
How much does it cost to send Mina?
Native Mina transaction fees are paid in MINA, with wallets typically suggesting a fee based on network conditions. Funding a new account also has a separate account-creation charge. zkApp operations and a venue's withdrawal fee can add different costs; verify the specific transaction rather than assuming compact proofs mean every transfer is free.
Can you cash out Mina for real money?
To cash out MINA, confirm that a service's official pages accept native Mina deposits and offer a sell and fiat-withdrawal route for your account. Review the receiving address, memo requirements, limits, and fees. Native delegation leaves MINA in your wallet, but a custodial earn product may impose different withdrawal conditions.
Is Mina traceable?
Ordinary MINA transfers can be inspected on Mina blockchain explorers, so they should not be treated as anonymous. Zero-knowledge proofs can protect selected zkApp inputs, but they do not automatically conceal native payment addresses and amounts. An exchange's identity records or published wallet activity can connect a visible address to a person.
Supply, mining & staking
What is the maximum supply of Mina?
MINA is inflationary and has no fixed supply cap according to the Foundation's token distribution disclosure. New block rewards are distinct from tokens released from old allocations. Historical pre-launch estimates and reward schedules are not today's supply count or guaranteed future issuance rate, so check current network data for the live total.
Can you mine Mina?
MINA is not mined through Bitcoin-style proof of work; block production uses proof of stake. SNARK workers perform proof-generation work and can sell accepted proofs to block producers, which is a separate role. Historical references to a proposed SNARK-mining subsidy do not prove that such a subsidy program is currently active.
Can you stake Mina?
Yes, you can delegate native MINA to a block producer without transferring spending control of the coins. Current documentation describes no protocol bonding period or slashing of delegated tokens, but rewards depend on the producer's performance and payout policy. Delegation activation is not instant, and an exchange earn product can impose different custody or withdrawal terms.