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Magic Eden NFT Marketplace Suspends Bitcoin BRC-20 Transactions
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Magic Eden NFT Marketplace Suspends Bitcoin BRC-20 Transactions

Oct 22, 2023

Magic Eden, a community-focused NFT marketplace, has recently declared a temporary suspension of Bitcoin BRC-20 trading. This decision was made to ensure user safety until there's complete consensus regarding all BRC-20 matters. Despite this, an official statement by Magic Eden on platform X clarified that other trading activities will continue without disruption.

We’ve temporarily paused BRC-20 trading to best protect users until full ord consensus across all BRC-20. All other trading remains live on Magic Eden in the meantime!Magic Eden on Bitcoin (@MEonBTC) October 22, 2023

Launched on September 17, 2021, Magic Eden has established itself as a leading NFT marketplace on the Solana blockchain. In March 2023, they unveiled a "thoroughly audited" platform for trading Bitcoin Ordinals.

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