Magic Eden partners with Moonpay to add payment alternatives

NFT marketplace Magic Eden has partnered with Web3 payment platform MoonPay to add payment methods to its platform, according to Fintech Finance.

A new feature will allow Magic Eden users to purchase NFTs using credit cards, Google Pay, and Apple Pay. report By Fintech Finance.

Zhuoxun Yin, COO of Magic Eden, explains the purpose of the initiative:

Our goal is to make NFTs accessible to everyone so that individuals can own and manage their digital assets.

And now, with our partnership with MoonPay, we are even more excited to lower the barriers to entry into the exciting world of Web3 and democratize access to these innovative technologies. “

Magic Eden will launch in September 2021 and currently hosts over 16,000 NFTs. Since launch, the platform has facilitated more than $2.6 billion in transactions for him and supports the Ethereum (ETH) and Solana (SOL) blockchains. On February 14, the company let go 22 employees were cut as part of the “company-wide restructuring”.

Journalist at CryptoSlate

Zeynep is an academic turned cryptocurrency in 2018. With a social science background, she has a particular interest in the social impact of blockchain and cryptocurrencies, and a strong believer in their transformative power.