How to Buy and Sell Bitcoin Ordinals on Magic Eden
Magic Eden is a marketplace for buying and selling Ordinals. A guide to connecting your wallet, preparing for transactions, and purchasing Digital Artifacts on the Magic Eden Ordinals Marketplace is given in this thread.
Magic Eden is a marketplace for buying and selling Ordinals. A guide to connecting your wallet, preparing for transactions, and purchasing Digital Artifacts on the Magic Eden Ordinals Marketplace is given in this thread.
Steps:
1- Connect Your Wallet
> First go to website .
To buy and sell Bitcoin Ordinals on https://t.co/vQwoKCOvCZ, you need to connect your wallet. You can do this by clicking the familiar button at the top right of the screen. https://t.co/qmKIqSTfdxmagiceden.io/ordinals
magiceden.io/ordinals
1- Connect Your Wallet
> First go to website .
To buy and sell Bitcoin Ordinals on https://t.co/vQwoKCOvCZ, you need to connect your wallet. You can do this by clicking the familiar button at the top right of the screen. https://t.co/qmKIqSTfdxmagiceden.io/ordinals
magiceden.io/ordinals
> You should have already created some wallets like Xverse, Unisat, or Hiro wallet etc. You have the option to connect your Xverse, Unisat, or Hiro wallet to Magic Eden.
> In this thread, Xverse wallet is connected to Magic Eden as an example.
Digital Artifacts on Bitcoin should only be sent to specific addresses which are set up to receive Ordinals.
Digital Artifacts on Bitcoin should only be sent to specific addresses which are set up to receive Ordinals.
> When you connect your wallet, note you are using two addresses:
1-The Ordinals address for receiving and storing the Digital Artifacts; and
2-The Bitcoin address for payments and transaction fees.
1-The Ordinals address for receiving and storing the Digital Artifacts; and
2-The Bitcoin address for payments and transaction fees.
2- Prepare Your Wallet
> Before you can complete a transaction on the Magic Eden Ordinals Marketplace, you need to prepare your wallet. When you make your first transaction, a message will appear on your screen.
> Before you can complete a transaction on the Magic Eden Ordinals Marketplace, you need to prepare your wallet. When you make your first transaction, a message will appear on your screen.
> Click the "Prepare Your Wallet" button. This will take you to a transaction in your wallet that you must approve. Here's an example of what the approval transaction looks like in Xverse wallet:
> Once you confirm this transaction, you'll receive a message on Magic Eden. Please note that Bitcoin transactions take some time to be processed. Once the transaction is finalized on the Bitcoin blockchain, you'll be able to trade on the marketplace.
3- Purchase an NFT
> You can browse Digital Artifacts on Magic Eden similar to how you normally would. However, Bitcoin transactions take time to be confirmed, this can take upwards of 7 minutes. The time it will take will vary depending on the activity on the Blockchain.
> You can browse Digital Artifacts on Magic Eden similar to how you normally would. However, Bitcoin transactions take time to be confirmed, this can take upwards of 7 minutes. The time it will take will vary depending on the activity on the Blockchain.
> When a Digital Artifact is purchased on Magic Eden, it'll be locked from trading until transaction is confirmed or fails. You'll see this noted in the user interface.
When you see this message displayed, it refers to Digital Artifact that has already been locked from trading.
When you see this message displayed, it refers to Digital Artifact that has already been locked from trading.
By following these steps, one can easily buy and sell their digital artifacts on Magic Eden which is a great marketplace for Ordinal trading.
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