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Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: Coin63@ on October 13, 2021, 06:36:33 AM

Title: Coinbase Follows FTX.US Into NFT Trading
Post by: Coin63@ on October 13, 2021, 06:36:33 AM
Coinbase is joining the non-fungible token (NFT) arms race.

The U.S. crypto exchange is launching “Coinbase NFT,” a marketplace that will allow its users to buy and sell Ethereum-based digital collectibles, the company announced Tuesday. Coinbase’s NFT platform is expected to launch by the end of the year, sources told CoinDesk. The move comes just a day after rival exchange FTX.US announced a marketplace for Solana-based NFTs, with plans to support other blockchains, including Ethereum, in the future.

If FTX’s bet on Solana is a signal that other blockchains are poised to take a slice of Etheruem’s hold on the NFT business, Coinbase is sending a different message – Ethereum’s NFT dominance has room to grow.Read More (https://cryptonews.net/2206361/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)