- Magic Eden introduces a self-custodial wallet supporting Solana, Bitcoin, Polygon, and Ethereum for streamlined crypto management.
- It offers exclusive in-wallet NFT mints (Claynosaurz, Degenerate Ape Academy, BoDoggos) and additional perks throughout February.
- Despite Solana’s competition, it ranks as the second-largest marketplace for Bitcoin Ordinals NFTs by daily trading volume.
NFT marketplace Magic Eden has launched a multi-chain self-custodial wallet compatible with Solana, Bitcoin, Polygon, and Ethereum. This opens up a new chapter for both Magic Eden and NFT enthusiasts, promising smoother cross-chain experiences and convenient asset management.
The platform previously launched the beta version of this wallet in November 2023, offering early access to a selected group of testers.
The wallet is now ready for the world, built in collaboration with the user-friendly crypto platform Exodus. This partnership ensures a streamlined interface for easy NFT portfolio management, instant cross-chain swaps, and direct NFT trading – all within the comfort of your digital wallet.
It is designed to enhance user experience by facilitating instant cross-chain swaps, managing NFT portfolios, and enabling direct NFT trading from the wallet itself.
Magic Eden highlighted the importance of this wallet as a missing piece critical to convenience in the NFT and blockchain space.
The platform expressed its commitment to incentivizing early adopters by offering limited-time in-wallet mints of NFT projects, including Claynosaurz, Degenerate Ape Academy, and BoDoggos throughout February. Additionally, users can enjoy various airdrops and other perks as part of this initiative.
Initially focused on the Solana NFT community, Magic Eden expanded its support to Polygon NFTs in November 2022. Subsequently, in March 2023, Bitcoin and Ethereum were added as the third and fourth supported chains. Although initially a leading Solana NFT marketplace, Magic Eden faced competition and was surpassed by Tensor in daily trading volume later in the previous year.
As of now, Magic Eden stands as the second-largest marketplace by daily trading volume for Bitcoin Ordinals NFTs, trailing only behind OKX, according to data from The Block’s dashboard. Notably, the platform also extends support for BRC-20 tokens, an experimental standard for fungible tokens on the Bitcoin blockchain.
Other Articles
Andrew Tate: From Crypto Critic to Coin Creator?
Massive Crypto Scam Unraveled: Three Charged with $1.9 Billion Fraud
No Comment! Be the first one.