Soon, Magic Eden will allow you to trade all kinds of digital assets across multiple blockchains—all in one app.
Magic Eden’s CEO said: “Think of it like Binance or Coinbase, but fully onchain and more user-friendly”.
One App for All Your Crypto Trading Needs
Magic Eden’s goal is to make the world of crypto easier, fun, and accessible for everyone, no matter how tech-savvy you are. According to its CEO, this platform is working hard to create a mobile-first experience that will let you trade assets on all major blockchains. That means you won’t need to juggle different apps or wallets for each chain anymore.
The platform will let you trade not only NFTs but also tokens like Solana and Bitcoin, as well as Rune tokens. You’ll even be able to do cross-chain swaps. By the end of the year, Magic Eden will support 10 different blockchains, making it easier than ever to trade different digital assets, whether you’re on your phone or desktop.
Soon on Magic Eden, you’ll be able to trade all assets on all chains in 1 app. Think Binance/Coinbase but fully onchain. $ME will be a growth engine for our app.
I was inspired to create 5 growth principles called MAGIC to share what we’re building & why transparently. MAGIC…
— Jack Lu (@0xLeoInRio) October 21, 2024
Magic Eden’s token, $ME, will play a big role in making this all happen. Jack Lu says $ME will act as a “growth engine” for the app. That means it will help attract new users and keep existing ones engaged. The more you use Magic Eden, the more rewards you can earn through $ME.
More About MagicEden
To show they’re in it for the long haul, the founders of Magic Eden will lock their tokens for 18 months after the Token Generation Event (TGE). This shows their long-term commitment to the platform and its users.
Everyone’s been stacking @MagicEden diamonds, but will the airdrop live up to the hype?
Introducing $ME, the future token behind the #1 cross-chain dApps ecosystem.
— Leo (@goatedxyz) September 11, 2024
One of Magic Eden’s main goals is to make crypto easy to use, even for beginners. They’ll offer a simple sign-up process where you can register with just your email, and there will be cool rewards for new users. The app’s design will be familiar and safe, so trading on the blockchain won’t feel like you’re flying blind.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
