Kraken, a famous crypto exchange, recently launched an NFT marketplace. Let’s explore more
Over 250 non-fungible tokens (NFTs) on the Ethereum, Solana, and Polygon blockchains are supported by the NFT marketplace that has been officially launched by the cryptocurrency exchange Kraken.
The organization sent off a public beta variant of its NFT stage in November. At first, it offered help for an organized choice of 70 NFT assortments on Ethereum and Solana.
As a component of its public send-off, the stage has sworn to incorporate not just blue-chip projects like CryptoPunks and Exhausted Gorilla Yacht Club, yet in addition more reasonable assortments that can be purchased for under US$100.
Customers who buy and sell NFTs on the Kraken NFT marketplace platform will not be subject to gas fees, according to the company. “Gas fees will be incurred when transferring NFTs and other crypto assets on and off the Kraken platform,” however, is stated.
Listings will have built-in rarity rankings and users can pay with fiat or cryptocurrency. Kraken claims that Wallet Connect will soon be made available and that MetaMask and Solana’s Phantom wallet are supported at the moment.
The most recent release of Kraken comes amid a wider regulatory crackdown on the cryptocurrency industry. Canada recently tightened its regulatory framework for digital asset trading, while the Securities and Exchange Commission (SEC) of the United States is suing U.S. exchanges.
