Users of Magic Eden’s multi-chain crypto wallet will need to export the wallet or move their contents to avoid losing access to funds.
The NFT marketplace turned crypto casino and sportsbook had previously announced its intentions to wind down its wallet operations, with support and app store listings ending on April 1.
A last minute reminder from the firm has led to some questions from users as they attempt to migrate wallet services ahead of the deadline.
REMINDER!
ME Wallet enters export-only mode tomorrow and will no longer be available on App Stores.
However, anyone without access to the mobile app or extension will not be able to download it from respective app stores once it's removed on Wednesday. After May 1, the wallet will shut down fully and may not be functional at all.
The decision has not spared the platform’s native Magic Eden token, which trades as ME. The ME token is down 99.94% from its December 2024 all-time high of $17.
ME is up around 0.8% on the day and 4% off its all-time low, according to data from CoinGecko, recently changing hands around $0.09 at a $50 million market cap.
