Thursday, May 19, 2022
HomeCoinbaseThe New Coinbase NFT Marketplace is Now Open to Everyone

The New Coinbase NFT Marketplace is Now Open to Everyone

If you are sad that you didn’t get early access to Coinbase NFT then your misery will end. Coinbase is now in beta and you can use it to sell and buy your digital assets for free! For now, Coinbase charges 0% for all transactions.

The Coinbase NFT marketplace
Coinbase NFT beta goes live today! Credit: Coinbase

Updates on the Coinbase NFT marketplace

Coinbase NFT has been circling the NFT space since last year. It is almost mandatory to have an NFT marketplace as Coinbase is the largest cryptocurrency exchange in the world. The platform was available to 1.5 million users for the past two weeks before the beta version launched.

Since the early access went live, some of the members expressed their frustration towards the platform. Coinbase assures their community that they are still working on things and that the beta release will be available to help them. As more people are allowed to join, access will be granted based on your position in the waitlist.

Is it just another NFT marketplace?

With this platform, the company is looking to add drops, minting, and token-gated communities. You can also buy NFTs using your Coinbase account and a credit card. The Coinbase marketplace is aware of the need for NFTs to be supported on other blockchains. They will also decentralize additional features when the time is right.

Coinbase is not only improving the user experience in all areas, but also focusing on the social aspects that make it stand out from other platforms. Users can create their own profiles using the NFTs, similar to social media platforms. This allows them to tell their stories. Connect to any self-custody wallet to view or hide your digital assets. Each NFT has a comment section that allows creators and collectors to engage.

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All investment/financial opinions expressed by are not recommendations.

This article is educational material.

As always, make your own research prior to making any kind of investment.

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Henry Hicks
Henry Hicks
NFT and Crypto Enthusiast. Loves Travelling and Exploring the Metaverse!


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