How to Buy Magic Eden Tokens ($ME) – Informative Guide

Publisher

Talha

May 12, 2025

Magic Eden is a popular multi-chain NFT marketplace built on the Solana blockchain, enabling users to create, deploy, and trade non-fungible tokens. Its multi-chain support offers users a single point of access to NFTs across diverse blockchains with low transaction costs and listing fees. Its native token, $ME, incentivizes user engagement through quest campaigns, and holders can stake $ME to earn Diamonds, a redeemable currency for NFT rewards. In this guide, you’ll learn how to buy Magic Eden Tokens ($ME) and find the best platform for trading $ME.

Timezone: Pacific Time (GMT-8)

Where to Buy Magic Eden Tokens ($ME)

Magic Eden is a multi-chain trading platform for digital assets, specializing in NFTs and creator tools. You can find $ME tokens on most leading crypto exchanges. However, most exchanges have different features and policies. Make sure you carefully compare different exchanges based on features like security, ease-of-use, liquidity, trading fees, and benefits like staking rewards, among others, before you make your final decision.

Following are some of the best exchange platforms to buy $ME:

Timezone: Pacific Time (GMT-8)

How to Buy $ME Tokens on MEXC

To purchase Magic Eden tokens, follow this guide for using the MEXC exchange. MEXC is a reputable platform with over six million active users and a portfolio of more than 2400 cryptocurrencies. The platform charges only 0.05% in trading fees for both makers and takers. MEXC was chosen for its high security, liquidity, advanced trading tools, and full KYC compliance.

Buy $ME!

New users can enjoy up to $20,000 in bonus upon sign-up, and those holding $MX tokens are eligible for additional discounts. Features like automated trading bots, peer-to-peer trading, and demo accounts make MEXC a versatile platform for optimizing trading strategies.

Below, we have highlighted all the steps you need to follow for buying $ME tokens on MEXC:

Step 1: Hover over the Spot tab, and from the dropdown menu, click on “Spot”.

Step 2: Next, click on the “Assets List”, search for “Magic Eden (ME)”, and select “ME/USDT”, which should be under the Spot option.

Step 3: On the right, you will find the Buy/Sell panel where you have the option of choosing between a Market or Limit order.

Step 4: In the “Amount” field, enter the amount of Magic Eden (ME) you want to buy, or in the “Total” field, enter the amount of USDT. For your convenience, you may use the slider instead.

Step 5: Once you are done filling in the details, go ahead and press “Buy ME”.

Fees When Buying Magic Eden on MEXC

MEXC applies a 0.05% fees on both buy and sell transactions, which aligns with the standard rates seen on leading exchanges. For instance, if you buy $100 worth of $ME, you’ll end up with around $99.90 after the fee. Moreover, by holding $MX, MEXC’s native token, you can earn discounts of up to 50% on trading fees.

Token Symbol

Current Price

Daily Change

All-Time High

Daily Low

Daily High

24h Volume

Market Cap

FDV

Total Supply

Max Supply

How to Transfer $ME to a Web3 Wallet (Phantom)

Once you’ve obtained $ME tokens, moving them to a Web3 wallet is a smart next step, especially if you plan to use them on the Magic Eden marketplace. As Magic Eden is built on the Solana blockchain, it’s important to use a wallet that supports Solana-based assets. Phantom is a popular option due to its clean interface, reliable security, and smooth compatibility with Solana DApps like Magic Eden.

To transfer your $ME tokens, set up your Phantom wallet, copy your wallet address, and withdraw the tokens from a centralized exchange using the Solana network. This ensures your assets are safely stored and ready for direct use on Magic Eden, where $ME can support activities like NFT trading, governance participation, or accessing future platform features

Step 1: Hover over the “Wallets” tab, and from the dropdown menu, click on “Withdraw”.

Step 2: In the “Crypto” field, search for “Magic Eden (ME)” and select it from the list.

Step 3: In the “Withdraw To” address field, open your Magic Eden (ME)-compatible wallet, copy your receive address, and paste it here.

Step 4: Next, choose the appropriate network for your withdrawal.

Step 5: Enter the “Withdrawal Amount” in the designated field. After carefully reviewing and filling in all the details, click “Submit” to complete the withdrawal process.

Note: For successful transactions, always leave 2 $ME in your wallet to cover the fees. Without this amount, your full withdrawal will fail.

You can follow the transfer by entering the TXN ID on Solscan. After blockchain confirmation, your $ME tokens will appear in your Web3 wallet.

Buy $ME!

Magic Eden Explained

Magic Eden is one of the leading Solana projects, originally built as the primary NFT marketplace on Solana before expanding to support Ethereum, Polygon, and Bitcoin Ordinals. It enables users to buy, sell, and mint NFTs with low fees and no listing charges, making it attractive for creators and collectors alike. The platform operates through wallet connections, offering a decentralized and seamless user experience.

Its utility token, $ME, is used for rewards, governance, and accessing exclusive features across the marketplace. With strong community engagement and multi-chain support, Magic Eden continues to shape the evolving NFT landscape.

Bottom Line

Magic Eden’s expansion beyond Solana shows its commitment to building a multi-chain NFT ecosystem, and $ME plays a key role in driving that growth. If you’re collecting, trading, or exploring NFT tools, holding $ME could offer practical advantages over time. It’s also worth keeping an eye on how Magic Eden integrates token utility into its future platform features.

FAQs

1. Which wallets support $ME tokens?

Wallet support depends on the network. Use Phantom for Solana, MetaMask for Ethereum and Polygon, and Unisat or Xverse for Bitcoin Ordinals. Always verify the network before transferring.

2. How do I avoid losing $ME tokens during transfers?

Ensure you select the correct blockchain network during withdrawals. Sending tokens to an incompatible network or unsupported wallet could result in permanent loss.

3. What should I do if the ME token isn’t showing in my wallet?

First, confirm you’ve selected the correct network. If it’s still not visible, manually import the token by using its contract address on the appropriate blockchain.

4. Is KYC required to buy ME on exchanges like MEXC or Bybit?

Most centralized exchanges require KYC for full access to trading features and withdrawals. However, some platforms allow limited purchases without full verification.

5. Are there transaction fees when using $ME for trading on Magic Eden?

Yes, standard marketplace fees apply, but $ME holders may receive discounted rates or incentives depending on their staking level and community participation.