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Kraken NFT Marketplace opens in public beta mode
Kraken, one of the largest cryptocurrency exchanges, launched its NFT marketplace in beta mode. Users can now securely shop and collect 110 of the most prominent collections with zero gas fees. Earlier this month, the Kraken Marketplace was only available to a private group of beta testers, but now everyone can officially access it. Let’s dive into what the marketplace has to offer.
About Kraken NFT Marketplace
On December 22, Kraken launched the NFT Marketplace with a curated offering of 110 of the most traded NFT collections. Currently, this only consists of collections on the Ethereum and Solana blockchains. This includes collections such as BAYC, Crypto Punks, Doodles, Moonbirds and y00ts among many others. The marketplace also knows all collections before they are added, as well as future collections.
Now available to explore, collect and trade for Kraken NFT beta clients:@y00tsNFT@BEANS_nfts@TheTreeverse@TaiyoRobotics
See the full description of 10 new collections available at #KrakenNFT
➡️ pic.twitter.com/B9HcInX6OZ— Kraken NFT (@KrakenNFT) 22 December 2022
Like Blur, the Kraken NFT marketplace does not include gas fees. In other words, the marketplace is gas-free and does not require you to pay an additional transaction fee when buying or trading NFTs. That said, when users transfer their NFTs to other platforms, fees will be enforced. In addition, Kraken NFT users can buy, sell and trade digital assets using a single wallet when engaging with multiple blockchains.
“The Kraken has always supported free and diverse expression. NFTs enable content creators to effectively monetize their unique perspectives and connect directly with like-minded audiences, said Jesse Powell, co-founder and CEO of Kraken.
Other key features
Furthermore, with Kraken NFT, users can easily keep track of the rarity ranking of each NFT. Thanks to the marketplace’s new rarity ranking, users can easily see the score at the top right of the NFT. Additionally, users can place a bid on their favorite NFTs using cash or one of the 200+ cryptocurrencies that Kraken supports. Buyers can place bids using a variety of payment methods, regardless of the currency used by NFT’s seller. This includes popular cryptocurrency options such as Bitcoin, Ethereum, Solana, Dogecoin and more. “We believe that NFTs have the potential to become the way most people begin to interact with cryptocurrencies,” Powell said.
Also, the recent debate over royalties to creators has been a controversial topic among the NFT community. Nevertheless, Kraken NFT has this under control. NFT creators on the marketplace will automatically receive a portion of the sales revenue generated by their digital creations.
Starting
Whether you’re new to Kraken or have an existing account, getting started with the NFT marketplace is easy. Firstly, you have to sign up for a free Kraken account and verify it with the help of the exchange’s 24/7 client engagement team. Once these steps are completed, you are free to explore and interact with the marketplace as you wish.
