Cryptocurrency Exchange Coinbase Announces It Will Build Its Own NFT Platform

Coinbase, one of the world’s largest cryptocurrency exchanges, has announced that it will set up its own NFT platform. Users can create and trade NFTs on this platform.
The NFT market, which has been one of the hottest topics in the world in recent months, continues to grow day by day. The market, where we see rather absurd works, from a stone picture to a red picture made up of a pixel, being sold for tens of thousands of dollars, came out with big news today.

coin base, one of the largest cryptocurrency exchanges in the world, has officially announced that it will launch its own NFT market in the announcement it shared today. This market, which will be published under the name ‘Coin base’ NFT’, will allow Coinbase users to create and buy NFTs. Cryptocurrency Market Binance, a Competitor of coin base, opened its own NFT market several months ago.

Primarily, Ethereum-based NFTs can be traded:

The NFT platform, announced to be published by Coinbase before the end of this year, primarily only Ethereum-based NFTs will be traded. After a certain time, other blockchains will also be supported. In a statement, the company stated that their platform will eliminate the user experience shortcomings seen so far in the NFT creation and acquisition phases.

For those who want early access to Coinbase’s NFT platform has also started the waiting list. You can enter your name on the waiting list after clicking on the ‘Join the waiting list’ option and entering your email address at the address you can reach via this link. To increase your position in the list, you can share your referral code with your environment so that others can join this list.

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