{"id":17718,"date":"2026-02-27T06:11:38","date_gmt":"2026-02-27T06:11:38","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/02\/27\/nft-marketplace-magic-eden-exits-bitcoin-and-evm-trading\/"},"modified":"2026-02-27T06:11:38","modified_gmt":"2026-02-27T06:11:38","slug":"nft-marketplace-magic-eden-exits-bitcoin-and-evm-trading","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/02\/27\/nft-marketplace-magic-eden-exits-bitcoin-and-evm-trading\/","title":{"rendered":"NFT marketplace Magic Eden exits Bitcoin and EVM trading"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/crypto.news\/app\/uploads\/2023\/09\/crypto-news-Magic-Eden01.jpeg\" \/><\/p>\n<div>\n<p class=\"is-style-lead\">Magic Eden, the prominent NFT marketplace best known for its deep roots in the Solana blockchain ecosystem, is set to close its Bitcoin and EVM-based trading platforms and discontinue support for its multi-chain wallet.<\/p>\n<div id=\"cn-block-summary-block_8d1f2c7fa0566a95d41c7322e5c3e7ca\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Magic Eden plans to shut down its Bitcoin and EVM NFT marketplaces in early March 2026, ending broader multi-chain support.<\/li>\n<li>The platform will continue supporting Solana-based assets, doubling down on its original ecosystem.<\/li>\n<li>Users need to withdraw assets from closing markets and the multi-chain wallet before termination dates.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Magic Eden refocuses on Solana, winds down Bitcoin and EVM services<\/h2>\n<p><a href=\"https:\/\/crypto.news\/magic-eden-acquires-crypto-trading-app-slingshot-to-expand-on-chain-trading\/\" target=\"_blank\">Magic Eden<\/a> originally rose to prominence by offering a user-friendly platform for buying, selling, and trading digital collectibles, especially <a href=\"https:\/\/crypto.news\/nft-sales-plunge-20-to-58-3m-as-bitcoin-price-at-70000\/\" target=\"_blank\">non-fungible tokens<\/a> (NFTs), on the high-throughput <a href=\"https:\/\/crypto.news\/solana-dexs-match-cex-pricing-as-on-chain-liquidity-structure-evolves\/\" target=\"_blank\">Solana network<\/a>. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Over time, the platform expanded into Bitcoin Ordinals and Ethereum Virtual Machine (EVM) chains such as Ethereum, Polygon, and Avalanche in an effort to capture a broader share of the burgeoning NFT market.<\/p>\n<p>However, new <a href=\"https:\/\/blockspace.media\/insight\/magic-eden-to-shutter-bitcoin-and-evm-marketplaces-sunset-multi-chain-wallet\/\" target=\"_blank\" rel=\"nofollow\">reports<\/a> say the company will begin shutting down its Bitcoin and EVM marketplaces in the first week of March 2026, with its cross-chain wallet entering export-only mode by mid-March and fully ceasing service in early April. Support for Solana-based NFTs and assets will continue uninterrupted.<\/p>\n<p>The move could be a strategic realignment rather than a retreat. <\/p>\n<p>By concentrating on its core Solana busines, where the majority of its trading volume has historically originated, <a href=\"https:\/\/crypto.news\/binance-upbit-and-bithumb-set-to-list-magic-eden-token-on-dec-10\/\" target=\"_blank\">Magic Eden<\/a> aims to streamline operational complexity and refocus engineering resources on strengthening features, liquidity, and community engagement within its original ecosystem.<\/p>\n<p>Affected users are being urged to withdraw any assets held in the Bitcoin and EVM marketplaces or within the multi-chain wallet before support ends to avoid the risk of losing access. As the NFT sector evolves, Magic Eden\u2019s decision highlights broader market trends toward specialization and platform consolidation.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/nft-marketplace-magic-eden-exits-bitcoin-evm-trading\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Magic Eden, the prominent NFT marketplace best known for its deep roots in the Solana blockchain ecosystem, is set to close its Bitcoin and EVM-based trading platforms and discontinue support for its multi-chain wallet. Summary Magic Eden plans to shut down its Bitcoin and EVM NFT marketplaces in early March 2026, ending broader multi-chain support. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":17719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-17718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/17718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=17718"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/17718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media\/17719"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=17718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=17718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=17718"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=17718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}