Global crypto exchange Kraken is now one step closer to starting its crypto NFTs platform.
Kraken is a global crypto exchange, popularly known to provide services with a better user experience. Right now exchanges standing at 4th rank, which is enough to give an introduction to the potential of Kraken and its user base. Earlier last week, the exchange secured a crypto license in Abu dhabi to provide crypto services. At present, Kraken is focusing precisely on its NFTs trading platform.
In 2021, Kraken announced its plan to introduce the NFTs trade platform. Now at the latest, the exchange published a blog and confirmed that it is taking registration for the users, who wants to access the platform in the early stages of launch.
Through the announcement, Kraken stated that it will provide a “complete solution for exploring, curating, and securing your NFT collection” with its Kraken NFT platform.
Kraken working on a unique plan for the NFT platform
At present already huge numbers of NFTs trade platforms are available for example Binance NFT, Coinbase NFT, OpenSea, Blockchain NFT, and many more. But here Kraken is working to create a much easier option for the interested users to go with NFTs trade.
Kraken will allow the Kraken exchange users to list their NFTs for sale in fiat and also will allow other traders to place bids in fiat, which means there will be no need to forcibly introduce crypto assets need.
Recently, the biggest NFTs marketplace platform OpenSea introduced support for the users to buy NFTs collectibles with direct fiat payment.
At present, the Coinbase NFT platform is also active in the NFTs marketplace race but still, it is in the initial phase of growth. Reportedly, the Coinbase exchange was the first to plan for the fiat to NFTs buy feature.