Tuesday, August 9, 2022
Home Crypto News Market FTX Launches Cross Chain NFT Platform for Both US And Global Users

FTX Launches Cross Chain NFT Platform for Both US And Global Users

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FTX, a spot-and derivative cryptocurrency exchange announced the launch of NFT Marketplace on its trading platform.


According to FTX CEO, Sam Bankman-Fried, the newly launched NFT marketplace will be accessible to US users as well as other countries. Both US and non US users can use FTX US NFT platform.

 

FTX Users will soon be able to deposit NFTs from other sources on FTX. This is important as peer-to-peer marketplace users of OpenSea and Solanart will be able list their NFTs on the FTX.com and FTX US.

All NFTs will be traded cross-chain across Ethereum and Solana. 

 

The FTX-US website has also added a test function for the NFT platform. Bankman-Fried Test NFT is on sale, the current bid for Bankman-Fried test post is more than $2.3 million.

FTX may be trying to capitalize upon the popularity of NFTs that are moving billions on specialized decentralized exchanges like opensea.

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Bernnan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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