Competition is heating up as Kraken NFTs go public

Competition is heating up as Kraken NFTs go public
crypto news

Last month, the popular cryptocurrency exchange, Kraken, announced that it would launch a gas-free NFT exchange, much to the enthusiasm of the industry. Now, just in time for Christmas, the public beta version of the platform is finally live. According to a blog post dated December 22, 2022, everyone can use Kraken NFT after about a month of testing with private users.

Competition is heating up as Kraken NFTs go public



Kraken platform enters the world of NFTs

Among the interesting features of the platform is that it does not charge gas fees that Kraken says is to promotes accessibility.

“Whether it’s a FOMO-induced dip or DeFi’s record surge causing network activity to lag, gas fees won’t hold you back and your new NFTs on Kraken,” the post reads.

The platform also offers rarity rankings that compare NTFs with others in the same collection and classify them based on their traits to help buyers make a decision. When the buyer chooses to make a purchase decision, they can pay either with fiat or with one of the more than 200 cryptocurrencies.

Finally, Kraken NFT allows users to buy assets from different blockchains, which means that they will have full and convenient access to a number of assets on the platform. From all indications, Kraken prioritizes accessibility through this platform and given that it is already a popular cryptocurrency exchange, the signs are already good.

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* All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of the moderators of our website and are intended as educational materials only. Individuals are obliged to fully research any product before making any kind of investment.

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