- Magic Eden has partnered with Stripe to help the community trade NFTs conveniently and enhance the wallet experience.
- The first phase of integration will only extend support to SOL purchases in the United States.
- Users can begin purchasing crypto with a bank account or debit/credit card following their verification.
In a recent announcement made via the official Twitter handle of Magic Eden, it was revealed that the platform had entered a partnership with Stripe to allow users to conveniently purchase crypto and top off their wallets.
🧵 ICYMI: @Stripe 🤝 @MagicEden
Wallet low on funds? No stress! You can now use @Stripe on @MagicEden to easily buy crypto and top off your wallet.
We are proud to partner with @Stripe to help our community trade NFTs more easily and continue bringing web3 to the mainstream! pic.twitter.com/LEMbIBUkOi
— Magic Eden 🪄 (@MagicEden) December 2, 2022
The platform took to its official Twitter handle to announce that they are proud to enter a partnership with Strip in order to help the community trade NFTs without any hassle and continue bringing advancements to Web3.
In accordance with the details revealed in relation to the Stripe integration, there will be more seamless NFT checkouts as it eliminates the toggling between exchanges. In addition to this, it should be noted that the integration is aimed at enhancing the wallet experience, as there will be no more cryptographic wallet signings to approve transfers.
There will be convenient future top-ups as the integration will enable 1-click crypto purchasing enabled after set-up. It should be noted that the users will be able to gain access to Stripe across Magic Eden’s platform via the user wallet drop-down section, item listing detail pages, and the “Quick Buy” checkout section.
What’s more? The first phase of integration will only extend support to the SOL purchases in the United States. Following the establishment of a connection with your wallet, you may choose to click on the Strip icon to input/authenticate some personal data. When the verification is done, users will be able to start purchasing crypto with their bank account or debit/credit card.
Most recently, one of the most popular digital asset platform marketplaces of Solana, Magic Eden, hinted to its users via its official Twitter handle that they are going to introduce a new OCP feature. This would be an Open Creator Protocol, a system designed to enforce creator royalties and is built on top of the SPL managed-token standards of Solana.