This content is for educational purposes only and should not be considered financial advice or an inducement to buy, sell, or trade cryptoassets.
Magic Eden Wallet is introducing a significant update to improve the user experience with Xverse wallet imports. This guide outlines the upcoming changes, their implications, and how users can smoothly transition to the new import method.
What’s changing?
Current situation
Previous account merging: Accounts imported from Xverse to Magic Eden Wallet were merged into a single account. This caused issues with BTC dApp integrations, as users could not access their existing accounts.
Upcoming changes
New build implementation: Starting with build
2.14.2, Xverse addresses with multiple accounts will be properly supported without merging them.Import options: Users will now have two options for importing Xverse wallets:
Legacy Xverse version (merged accounts)
New Xverse version (unmerged accounts)
How to use an unmerged or merged Xverse account
Select wallet provider
By default, the wallet is set to 'Auto-Detect', attempting to recognize the source wallet. To ensure accuracy and prevent derivation path importing issues, click on the 'Change' button.
Choose wallet provider
A list of popular wallet providers will be displayed.
Unmerged Xverse account
Users can now manually select an unmerged Xverse account.
Legacy option
Users will still have the option to select Xverse (Legacy) for merged accounts.
Sunset of legacy import method
Starting in June 2024, Magic Eden Wallet will begin the transition with build 2.14.2. Reminders across various channels will be posted to encourage users to upgrade. Finally, in August 2025, the legacy Xverse import method will officially sunset.
Impact on customers
Existing customers: Can continue using their current accounts until August 1, 2025. After this date, merged accounts will not be accessible without advanced software.
New users: Should use the new import method immediately.
Migration steps: Re-import your wallet using the new Xverse construct before August 1, 2025.
We appreciate your understanding and support during this transition. If you have questions, feel free to reach out to our support team by clicking on the chat widget.