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NFT News

Coinbase NFT Marketplace is Now Open to All Users

As of this writing, the marketplace saw just 1423 transactions by 1147 users and trading volume of $594,230 of sales volume since April 20th.

Written By Ritu Lavania
Published 2022-05-05
Make The Crypto Times preferred on GoogleGoogle
‘Coinbase NFT’ Marketplace is Now Open to All Users

The leading US based crypto exchange Coinbase announced on Wednesday that the public beta version of its non-fungible token (NFT) marketplace is now available.

Coinbase tweeted about the launch of the platform which was earlier available for selected users in the United States in October last year.

IT’S ALL HAPPENING!

We’re super excited to announce we're opening @Coinbase_NFT Beta up to everyone.

Go set up your new profile now → https://t.co/yBSzpEo7Ar pic.twitter.com/ECjaJhjo60

— Coinbase 🛡️ (@coinbase) May 4, 2022

As of this writing, the marketplace saw just 1423 transactions by 1147 users and trading volume of $594,230 of sales volume since April 20th.

Coinbase NFT aims to establish itself as a go-to marketplace for NFTs and take on bigshots like OpenSea, Nifty Gateway etc. 

Vice president of Coinbase NFT, Sanchan Saxena, said last month during a press briefing that the Marketplace was launched with zero-transaction fees for a limited time.

The company says it plans to build a stronger user base with a series of NFT collection partnerships, one of which is a ‘BAYC film trilogy’ to debut at NFT.NYC in June.

Note that last week, Coinbase had unveiled the beta version of its NFT Marketplace, which was open only for selected beta testers based on their waitlist position.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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