Unlike traditional currencies, Magic Eden is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Magic Eden. This decentralization means the holders and users of Magic Eden can help to maintain the network.
Most find that the easiest and most secure way to purchase Magic Eden is through a reliable cryptocurrency platform like Kraken. While Magic Eden can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Magic Eden.
At the current market rate, it costs £0.12 to purchase one ME. Kraken makes it easy to buy & sell Magic Eden with confidence.
Yes, Kraken offers a secure and easy to buy £100 worth of Magic Eden. At its current price, £100 equals 860.0301 ME.
Kraken employs advanced security measures, including encryption and account protection, to ensure your Magic Eden purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Magic Eden investment. You should do your own research on Magic Eden price before buying.
The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Magic Eden may be a worthwhile purchase.
Kraken supports a variety of government-issued fiat currencies, including US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), and others. For the full list of supported fiat currencies, please visit this article.
Kraken offers competitive fees for Magic Eden transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.
You can buy as little as £10 worth of Magic Eden on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Magic Eden regularly.
To buy Magic Eden with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Magic Eden, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Magic Eden.
You can buy Magic Eden using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
To buy Magic Eden using a credit card issued by a bank in the UK, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.
Kraken makes it easy to buyMagic Eden using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Magic Eden. Browse the Magic Eden markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.
Yes, the Magic Eden you buy on Kraken is yours. Kraken makes it easy to withdraw your Magic Eden to any hot wallet or cold wallet that supports Magic Eden. Simply enter the external wallet address and your Magic Eden will be in your wallet a few moments later.
We take every measure possible to keep the Magic Eden you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Magic Eden. Learn more about our globally-recognized security standards.
The current circulating supply of Magic Eden is 428,343,204 ME.