Kraken opens waitlist for its upcoming NFT marketplace
BTC Peers
Published May 03, 2022 04:32PM ET
Kraken opens waitlist for its upcoming NFT marketplace
Crypto exchange Kraken has finally opened a waitlist for its NFT marketplace in beta four months after CEO Jesse Powell announced the company’s desire to launch an NFT platform.
The company made the revelation in a Tuesday blog post, explaining that NFTs “have redefined the concepts of digital expression, culture and ownership for creators and collectors alike.”
Kraken touts its NFT platform as “the complete solution for exploring, curating and securing your NFT collection.” In addition to being able to buy and sell NFTs, users can also reportedly use digital collectibles as collateral for loans.
Another interesting feature that Kraken is looking to introduce is the absence of gas fees. Users will not pay for trading NFTs that are stored with the platform. However, gas fees will apply when tokens and NFTs are transferred off the platform.
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Written By: BTC Peers
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