Magic Eden Launches Cross-Chain NFT Wallet

General

NFT marketplace Magic Eden has launched a digital wallet with cross-chain support for collectors. On Monday, 29/01/2024, the platform publicly released its Magic Eden Wallet across Solana, Bitcoin, Ethereum, and Polygon blockchains.

Introducing Magic Eden Wallet, a wallet made for Magic Eden users and cross-chain collectors.

Beta version is now live and only available to a small group of early testers!

Want to give it a try? You can get on the waiting list by downloading the extension and entering your… pic.twitter.com/5DsS5qhdlQ

— Magic Eden ???? (@MagicEden) November 27, 2023

The self-custodial wallet features include native bridging, instant cross-chain swaps, and portfolio management. Users can also trade NFTs directly through integration with Magic Eden.

Magic Eden said the wallet addresses are needed for a convenient way to collect NFTs across blockchains. The team worked on the wallet amid last year’s NFT market turnover.

Introducing Magic Eden Wallet: the only wallet you’ll need for all your multi-chain NFT needs.

????Instant cross-chain swaps
????NFT portfolio management
????Native Ordinals & BRC20 support
????End to end rare sats management

Plus we have some amazing perks for users (1/2) ???? pic.twitter.com/BG1Eve6OP3

— Magic Eden ???? (@MagicEden) January 29, 2024

Magic Eden outlined a Month of Perks in February as a motivation for early adopters. This includes limited-time mints of NFT projects like Claynosaurz and Degenerate Ape Academy. Wallet users will also access point multipliers, airdrops, and other rewards.

Initially, Magic Eden specialized in Solana NFTs, then added Polygon in November. In March 2023, three months after its launch, it included Bitcoin and Ethereum as its third and fourth supported chains. The wallet launch helps position Magic Eden to offer a wide NFT selection and user experience.

Also read: Chainlink and Circle Revolutionize Cross-Chain Stablecoin Transfers

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