Magnetosonic waves are studied in the presence of degenerate pressure due to Landau diamagnetic levels and Pauli spin magnetization with strong magnetic field in quantum degenerate electron- ion plasma. A linear dispersion relation of low frequency propagation wave in the direction of magnetic field is derived that strongly depends on the magnetic field while in classical regime this field has no such a role. In the presence of quantization of orbital motion and spin magnetization, new propagation modes of quantum plasmas are also explored. It is noted that quantum acoustic velocity and spin magnetization energy affect the Alfven mode propagation. The quantum effects are incorporated through the Bohm potential, Landau pressure due to Landau quantization of magnetic field and magnetization energy due to spin effect. The current model in the context of Landau diamagnetic pressure along with spin magnetization is sufficient for studying the astrophysical plasma environment existing in the compact systems e.g., white dwarfs and neutron stars.