Coinbase Takes Giant Leap Into Nascent Crypto Space With Announcement of New NFT Marketplace

Coinbase Takes Giant Leap Into Nascent Crypto Space With Announcement of New NFT Marketplace


Coinbase, the biggest crypto exchange in the US, says it is launching a non-fungible token (NFT) marketplace.

In a new blog post, the digital asset exchange announces the creation of Coinbase NFT, a platform that aims to allow users to easily buy and sell NFTs .

 

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VP of product and ecosystem Sanchan Saxena explains that while NFTs have risen to prominence, the space is often less than user-friendly.

“If you’ve tried to create or purchase an NFT, you’ve probably found the user experience lacking. Creating an NFT should be as simple as tapping a few buttons. Anything more complicated is a barrier to creativity.”

The new peer-to-peer marketplace will enable users to mint, buy and showcase digital works of art in a secure and

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