Implemented this recently in my SaaS app, replacing passwords with magic links and it was a mistake. Sure, it has some obvious benefits: it forces users to always provide a valid email and logging in confirms that the email address is valid, without any additional logic.

But moving auth logic to email links has increased my customer support work significantly: "I can't log in", "I didn't get the link" complaints are quite common now. People use email they didn't sign up with, messages go to spam, arrive with a delay - or recently, gmail outage caused messages to hard-bounce. These are only some of the issues I've had to deal with in the last few weeks, that never came up when I had password auth.

Also, I've found that some email clients automatically follow links included in the message and that meant login link was invalidated before user got a chance to click it. I've solved it by adding a button on the page, but it's not ideal.

Magic links were supposed to be convenient, but they cause a lot of frustrations for some users. Keep that in mind.