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Magic Eden Launches New Multi-Chain Wallet To Support Major Blockchains

Magic Eden Launches New Multi-Chain Wallet To Support Major Blockchains

After launching the beta version of its wallet last year, Magic Eden, one of the leading NFT Marketplace has recently launched its multi-chain wallet that supports major blockchains Solana, Bitcoin, Polygon, and Ethereum. 

In collaboration with Exodus, Magic Eden’s muli-chain wallet ensures a secure and user-friendly platform. In addition, the wallet is self-custodial offering a wide range of features such as native bridging, instant cross-chain swaps, and portfolio management. In addition, Users can also do NFT trading directly via direct integration with Magic Eden.

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Magic Eden initially focused on the Solana Network but then decided to expand its support and included Polygon, Ethereum, and Bitcoin proving its spot as the leading NFT Marketplace.

Before expanding its support to the other three blockchains, Magic Eden announced an NFT rewards program last week to support the Solana (SOL) platform. The initiative would allow users to earn diamonds which they can convert into non-fungible tokens.

Currently, Magic Eden offers limited in-wallet mints of NFT projects such as Claynosaurz, Degenerate Ape Academy, and BoDoggos throughout February to incentivize its early adopters. This offer would provide an exclusive opportunity to acquire sought-after NFTs directly from the wallet. Users can participate in airdrops and other perks by using the wallet to enhance their overall experience. 

“As the team made great strides in the NFT & Ordinals space, it became clear there was a missing complementary piece critical to convenience: a singular wallet that allows users to seamlessly manage and collect NFTs across major chains,” – @therealmiso Magic Eden’s Project Market Lead wrote in a statement.

Furthermore, this strategic move could cater to the growing demand for NFTs across different blockchains. 

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Sophia Cruz
Financial Writer - Asian & European Desks
Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.
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