Crypto News
| Published On May 5, 2022 4:20 am CEST  |  Updated on Aug 10, 2023 8:48 am CEST | By Peter Siu

Coinbase Now Welcomes All Users to its NFT Marketplace

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The world’s first publicly listed crypto exchange Coinbase (COIN) announced on Wednesday that it is releasing the beta version of its non-fungible token (NFT) marketplace to everyone.

Almost seven months after Coinbase unveiled the launch plans in October 2021, the NFT marketplace already started allowing handful of users to try out the platform at the end of previous month.

In the debut week of its beta, the NFT marketplace saw just 900 transactions and 73 ETH (around $210,000) in sales. Nevertheless, Coinbase did not disclose the exact number of users that had been granted access to the platform.

Last month, the company’s vice president of product, Sanchan Saxena, said that Coinbase NFT will launch with zero-transaction fees for a limited time, aiming to take a decent bite of market leader OpenSea.

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Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.

Tags: CoinbaseNFT