In the first stage, NFTs based on the Ethereum blockchain are available to users

​Cryptocurrency exchange Coinbase launched beta version of NFT marketplace

21.04.2022 - 09:45

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2 min

What’s new? Cryptocurrency exchange Coinbase’s beta version of the non-fungible token marketplace (NFT) is already available to a limited number of users. This was announced by the platform’s representatives on Twitter.

Source: Twitter.com

What is known about the marketplace? The exchange positions the marketplace as a “peer-to-peer community platform” where users will be able to issue, buy and sell digital assets in the ERC-721 and ERC-1155 formats. The exact launch dates for the public version of the platform are not yet known.

In the first stage of beta testing, only Ethereum-based tokens will be available on the platform, with other blockchains to be added in the future, as well as the ability to pay with fiat money and Mastercard bank cards. In January, the exchange announced a cooperation with the payment giant on the integration of cards on its platform. There are no plans to charge transaction fees for the testing period.

Any crypto wallets can be used to work with NFTs, including MetaMask and Coinbase Wallet. All users need to pass verification.

Author:

Michael Golikov Michael Golikov

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