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Magic Eden brings out exclusive perks of its native wallet

byKelvin Maore
January 31, 2024
in Cryptocurrency News

Magic Eden Wallet is coming up with exciting perks for the Magic Eden community. This is a part of the company’s celebration month, wherein the intention is to make it easier for everyone to operate the wallet. Defined as a one-stop wallet across BTC and SOL for non-fungible tokens, the benefits will likely be available for traders and creators alike.

About Magic Eden Wallet being the one-stop wallet, Magic Eden is looking to make the NFT collection management seamless. It will facilitate access to all imperative pieces of information in a single place. This includes showcasing the value of the collection, tracking the present price, and demonstrating the entire collection in one place without having to navigate the platform. This is to streamline the trading experience of NFTs.

A safe connection to dApps, that is, decentralized applications, is getting a boost. The wallet can be securely integrated with an NFT platform. Thereby, users can list, purchase, or sell items from their wallets. Magic Eden Wallet has been architected in association with the Exodus Wallet team. They have jointly emphasized facilitating secure transactions without compromising on transparency and trust.

That said, SOL and BTC are up on the trading board. The tokens were exchanging hands at $104.74 and $43,427.34 at the time of drafting this article. This marks an increase of 7.14% and 2.66% in the last 24 hours for the tokens in the same order.

Circling back to the Magic Eden Wallet, it all favors extending benefits to collectors and traders. For starters, the introduction of instant in-app swaps and bridging is inevitable. That will be coupled with end-to-end rare stats management and support for native Ordinals and BRC-20 tokens. The wallet’s benefits include open edition extravaganza, partnership with INK, and point multipliers plus airdrops.

Open Editions are going live in February, which is the next month. It will be hosted in collaboration with BoDoggos, Claynosaurz, and Degenerate Ape Academy. Mentioned as limited-time mints in the official announcement, Magic Eden has said that it is a gift to all the users of Magic Eden Wallets for a unique opportunity to expand their collection of non-fungible tokens.

A partnership with INK will allow the offering to extend to ME Wallet users. More benefits include boosting odds with Saturn for an airdrop for $MOON and a preferred 1.25x Liquidium points multiplier on the Ordinal lending platform.

Magic Eden has said that it has opened doors for all users, irrespective of their stage. Meaning, they could be an existing user or a new user; the wallet promises to provide an extraordinary experience with exclusive benefits. Anyone can get started with Magic Eden Wallet by downloading the Chrome extension from the official website, which is functional worldwide.

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Kelvin Maore

Kelvin Maore

Kelvin M. Maore is a seasoned crypto market analyst with half a decade of hands-on expertise. Through concise updates and a creative flair for storytelling, he demystifies blockchain developments, guiding readers confidently through every market twist.

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