Magic Eden announced it will gradually shut down its native wallet service. Starting today, users can only export their private keys or recovery phrases. After May 1, the wallet will be completely stopped, the app will be taken down, and users need to withdraw their funds before the deadline.

Gate News message. On March 31, according to DEGEN NEWS, the Magic Eden wallet will enter export-only mode on April 1 and be removed from the app store. Magic Eden reminds users that if they lose access to the device or to the downloaded app version, they will not be able to access the wallet.

Magic Eden announces it will shut down Ethereum EVM and Bitcoin trading services on March 9, and will focus on the Solana ecosystem and crypto gambling Dicey in the future. This move marks a strategic restructuring, aiming to transform in response to market changes and concentrate on growth potential.

Magic Eden will shut down its Bitcoin and EVM markets and cease support for multi-chain wallets. The related services are expected to close in early March, and cross-chain wallet services will stop in early April, but support for NFTs and assets on Solana will continue.