Magic Eden Launches The Beta Version Of Its NFT-Focused Cross-Chain Crypto Wallet

Updated: 28 November 2023

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Magic Eden, the digital marketplace for non-fungible token collection, has launched the beta version of its crypto wallet. Magic Eden will begin testing the highly anticipated crypto wallet with limited users before the official launch in the first quarter of 2024.

Magic Eden Launches Crypto Wallet Beta

In a November 27 press release, Magic Eden confirmed launching the beta version of its crypto wallet. The now highly anticipated Magic Eden crypto wallet will be the first digital wallet integrated directly into the digital NFT marketplace.

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

Launched in 2021, Magic Eden is a user-friendly platform to mint and collect non-fungible tokens. The NFT market platform aims to bring a dynamic cultural moment onto the blockchain, empowering users across thousands of digital communities to create, discover, and collect unique NFTs.

Since its inception, the Magic Eden NFT market platform has successfully facilitated over $3 billion in transactional volume. Magic Eden anticipates the upcoming crypto wallet will enable it to skyrocket its transactions. Let’s explore more about the new crypto wallet:

Magic Eden crypto wallet is a software program allowing NFT collectors to swap digital assets between Bitcoin, Solana, Ethereum, and Polygon blockchain networks. The crypto wallet is designed to give NFT collectors a faster and more seamless experience when collecting and trading NFTs across multiple chains.

Magic Eden Crypto Wallet Overview

The new Magic Eden crypto wallet will make it easier for cross-chain collectors to collect any NFT on any chain and manage their entire digital collection safely and securely without switching between multiple wallets. While commenting about the crypto wallet, Jack Lu, chief executive officer and co-founder of Magic Eden, remarked:

“There is too much friction when it comes to collecting NFTs across chains. We feel collectors’ pain as they deal with toggling between different chains and different wallets without having one place to easily view, manage, and keep up with their collection. Magic Eden is NFT-first, and we want to shape the Magic Eden Wallet to be the only digital wallet you need. We’re excited to start testing our wallet in Beta and bring that NFT-focused thesis to the public market very soon.”

Magic Eden has partnered with Exodus, the self-custodial crypto software wallet, to develop the new crypto wallet. Some of the unique features in the new crypto wallet include simultaneous connection to multiple chains, seamless viewing, portfolio tracking and management of all NFTs and collectibles across chains, buying and selling with Fiat, native Ordinals and BRC-20 support, secure access to decentralized applications via Dapp Browser and easy wallet creation.