Coinbase plans to launch NFT marketplace by the end of the year

Roommates, cryptocurrencies have so many changes that I can hardly catch up. Thanks to Twitter, you can always see what the street is talking about, and today all eyes are looking at Coinbase. Cryptocurrency exchange platforms have become a trend after announcing plans to expand NFTs (non-fungible tokens) in new markets competing with other companies such as OpenSea at the end of the year.

according to CNCB, Coinbase plans to launch Coinbase NFT, a marketplace where users can create, collect and trade NFTs. The very exciting thing about Coinbase NFTs is that they provide a great source of income for currently listed companies, given that NFTs will continue to appeal to investors from those looking for expensive digital collections and rare arts. There is a possibility of opening.

Basically, Coinbase’s new marketplace not only competes directly with OpenSea, but also with other cryptocurrency startups Gemini and Binance. Demand is increasing this year as so many people are trying to get tokens. According to data tracking by crypto-based application company DappRadar, the NFT market exceeded $ 10 billion in trading volume in the third quarter of 2021 alone.

Coinbase NFTs become game changers for content creators by including “social features” applications that help people make money by posting videos and other content online. Coinbase isn’t the only cryptocurrency company that’s making a big move. As previously reported AMC By the end of the year, we will accept various cryptocurrency payment methods.

Coinbase consumers also have to wait the same amount of time for the marketplace to take effect. However, the company said it could sign up for a waiting list for users to access the feature early.

Roommates, are you excited about the market?

Want to update directly in your text inbox? 917-722-8057 or

Coinbase plans to launch NFT marketplace by the end of the year

Source link Coinbase plans to launch NFT marketplace by the end of the year