Hope everyone is well. I am very well by the grace of God. Today also I am going to discuss among you a new NFT market place. The NFT market place that we are going to discuss with you today is very popular. So let's get started. Today I will discuss with you Magic Eden NFT Marketplace. So let's know a little about **Magic Eden** NFT Market Place.

![1000000126.jpg](https://cdn.steemitimages.com/DQmYpzfhmfkHsvGjy6KtUH41XCCPEJQmGy1nxaXQZbgWjcC/1000000126.jpg) [Source](https://www.pymnts.com/nfts/2023/nft-marketplace-magic-eden-cuts-22-jobs/)

What is Magic Eden?

Magic Eden is a leading NFT market place. Magic Eden FT Marketplace built on Solana Blockchain. We all know about Solana Blockchain. Why Solana Blockchain has a lot of reputation in the crypto currency market. Solana Blockchain is so known for its speed and low transaction fees. Medichain is powered by the Solana Blockchain. Magic Eden NFT Marketplace focuses heavily on gaming, art, and Solana-based NFT collectibles. It has gained so much popularity among users due to its very beautiful interface and low gas fees.

![1000000127.png](https://cdn.steemitimages.com/DQmbYdXcDfqdF37p5XiMddk3fceVjUXGbjRma533R1E9etp/1000000127.png) [Source](https://link.springer.com/chapter/10.1007/978-981-99-3608-3_21)

You can mine NFT with Solana Blockchain as well as Ethereum/Polygon/Bitcoin/Ordinals Blockchain in Magic Eden NFT Marketplace. That is why this NFT is so popular.

Key Features of Magic Eden:

The main purpose of Magic Eden NFT Marketplace is to enable buyers and sellers to buy and sell by paying low gas fees. Because we have already seen that most of the popular NFT marketplaces provide a lot of gas. Many buyers and sellers are inconvenienced due to excess gas pressure. Considering this difficulty, Solana has come up with the Magic Eden NFT Marketplace.

![1000000128.jpg](https://cdn.steemitimages.com/DQmexvpB43vBhHGWmPFUDNmeTB94yxmVnZ58ikgkaSL1KQr/1000000128.jpg) [Source](https://www.fastcompany.com/90742235/coinbase-wants-to-be-the-instagram-of-web3-with-its-nft-marketplace)

Magic Eden only charges 2% for transactions, which is much lower than other marketplaces. I don't think Music Ide is a marketplace that charges very little gas. Less than what you pay on many other platforms. Another advantage is that there are no fees for listing NFTs and making offers. 2% charge is deducted for selling only. It is much less than other marketplaces.

Who is Magic Eden best for :

Megic Eden NFT Marketplace is great for both collectors and creators. Because the interface of this marketplace is very beautiful. The interface is so beautiful that anyone who sees it will like it. The interface is beautiful as well as the builders do not have to pay any fees to make a min. Which is different from other marketplaces.

![1000000129.jpg](https://cdn.steemitimages.com/DQmNr2HS8Y5Q6gLq6xmVtzSF8gFRzdNJvY4ZnaiASTLwFbQ/1000000129.jpg) [Source](https://www.fastcompany.com/90742235/coinbase-wants-to-be-the-instagram-of-web3-with-its-nft-marketplace)

So friends, I have finished here today. See you in the next post. Magic Eden nfd market place is a very big market place. So I am going to discuss with you step by step. Everyone stay well, stay healthy and take care of yourselves.

![IMG_8125.JPG](https://cdn.steemitimages.com/DQmbWveFED8sXbdSnVM59d9qB1soYWW8HoppoCwZUiRnpBD/IMG_8125.JPG)

I am Md. Ebrahim Islam Nahid. Everyone calls me Nahid. I am Bangladeshi. I am an Electrical Engineer. I love reading books, writing and creating new things. I try to express myself and evaluate the opinions of others.

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