May 2, 2025
Blockchain

Kraken opens a waiting list for its NFT market

  • May 3, 2022
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Cryptocurrency exchange Kraken has entered the waiting list of its own NFT market. The company said it will reimburse users for network fees associated with transactions on the

Kraken opens a waiting list for its NFT market

Kraken opens a waiting list for its NFT market
Kraken opens a waiting list for its NFT market

Cryptocurrency exchange Kraken has entered the waiting list of its own NFT market. The company said it will reimburse users for network fees associated with transactions on the platform.

Kraken describes the platform as a “comprehensive solution for learning, improving and protecting” NFTs. According to the press release, special tools will allow to evaluate the rarity of the attributes of non-replaceable tokens.

The company will reimburse network commissions when trading in the market. However, when transferring NFTs and other crypto assets to or withdrawing from the platform, customers will have to pay for gas.

The marketplace will be integrated with the Kraken user account. Assets on the platform can be sold or bought with the help of both fiat and cryptocurrency. In the first phase, the site supports NFT on Ethereum and Solana networks. This list is expected to expand in the future.

Recall that Kraken president Jess Powell said that the company will consider the possibility of issuing loans secured by NFTs.

Source: Fork Log

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