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NFT Marketplace Magic Eden Temporarily Halts Bitcoin BRC-20 Trade

Published 22/10/2023, 11:02
© Reuters.  NFT Marketplace Magic Eden Temporarily Halts Bitcoin BRC-20 Trade
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  • Magic Eden temporarily halts Bitcoin BRC-20 trade following the substantial drop in trading activity.
  • The marketplace’s surprising move is intended to protect users best.
  • The closure of Bitcoin BRC-20 trade will not affect other trading activities of the marketplace.

Community-centric NFT marketplace Magic Eden recently announced its decision to temporarily halt Bitcoin BRC-20 trading best to “protect users until full ord consensus across all BRC-20”. However, as per an official post by Magic Eden on X, the short-term suspension of the Bitcoin BRC-20 trade will not affect other trading activities on the platform.

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