Upbit, a global cryptocurrency exchange, has announced the listing of Magic Eden (ME) for trading on their platform. ME is the token associated with the Magic Eden multi-chain NFT marketplace and will be used for governance, staking, and user rewards. Initially, ME will only be available for deposits via the Solana network, and trading will begin once sufficient liquidity is achieved. There are deposit requirements and transaction restrictions in place, including a restriction on buying for the first five minutes after trading starts. Magic Eden is a leading NFT marketplace that supports transactions across multiple blockchains and aims to provide a seamless cross-chain trading experience.
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