Magic Eden debuts multi-chain wallet, facilitating NFT management across Solana, Bitcoin, Polygon, and Ethereum. Early adopters get exclusive perks throughout February.
Eliza Crichton-Stuart
Head of Operations
NFT marketplace Magic Eden has officially released its much-anticipated multi-chain wallet, providing support for Solana, Bitcoin, Polygon, and Ethereum blockchains. After a limited beta release in November 2023, the full version was unveiled in a post last Friday.
Developed in collaboration with Exodus, the self-custodial wallet underscores Magic Eden's commitment to user control over crypto assets. Key features include instant cross-chain swaps, NFT portfolio management, and trading NFTs within the wallet.
In addressing user convenience, Magic Eden noted, "As the team progressed in the NFT & Ordinals space, it became evident that a singular wallet was essential for seamless NFT management across major chains."
Magic Eden is offering exclusive in-wallet mints of NFT projects throughout February, such as Claynosaurz, Degenerate Ape Academy, and BoDoggos to encourage early adoption. Additionally, users will get a 1.25x Liquidium points multiplier on their Ordinal lending platform and by using Saturn the chance to get boosted odds for an airdrop for $MOON.
Initially focused on the Solana NFT community, Magic Eden expanded support to Polygon NFTs in November 2022. Bitcoin and Ethereum were subsequently added as the third and fourth supported chains in March 2023.
While overtaken by Tensor as the top Solana NFT marketplace by daily trading volume last year, Magic Eden currently holds the position of the second-largest marketplace for Bitcoin Ordinals NFTs, following OKX, according to The Block's dashboard. The platform also accommodates BRC-20 tokens, an experimental standard for fungible tokens on the Bitcoin blockchain.
Magic Eden's evolution highlights its commitment to providing a comprehensive and user-friendly ecosystem for NFT enthusiasts across various blockchain networks.
updated:
February 14th 2024
posted:
January 31st 2024