- Kraken launches NFT Marketplace with 250+ collections, eliminating gas fees for users.
- Kraken’s inclusive approach offers both premium and affordable NFT collections.
- Multiple payment options, including fiat and cryptocurrency, enhance user flexibility.
Cryptocurrency exchange Kraken has officially launched its NFT Marketplace, marking the end of beta testing. During this phase, the platform expanded its initial selection of 70 NFT collections to an impressive count of over 250.
These collections are sourced from the significant blockchains of Ethereum, Solana, and Polygon. A notable aspect of Kraken’s platform is its commitment to eliminating gas fees, providing a cost-effective experience for users.
We are launching out of BETA! 🎉#KrakenNFT is your gateway to buying, selling & learning about NFTs!
Read our latest announcement: https://t.co/3Xnn2tMyST pic.twitter.com/l1LTizqwT1
— Kraken NFT (@KrakenNFT) June 8, 2023
Kraken’s dedication to democratizing NFT access is evident in its inclusion of premium projects like CryptoPunks and Bored Ape Yacht Club and more affordable collections priced under $100.
This approach positions Kraken’s marketplace as a truly inclusive platform, catering to a wide range of tastes and budgets. By prioritizing the user experience, Kraken has taken a significant step in removing gas fees for customers buying and selling NFTs on their platform.
However, it’s important to note that gas fees may still apply when transferring NFTs and other crypto assets to and from the platform. Despite this, Kraken’s initiative is expected to significantly enhance the platform’s appeal, especially for frequent traders and newcomers to the NFT space.
Moreover, Kraken has integrated multiple payment options, granting users the flexibility to transact in either fiat or cryptocurrency. To further enhance convenience, listings on the platform come with built-in rarity rankings. Currently, the Kraken NFT marketplace supports MetaMask and Solana’s Phantom wallet, and there are plans to incorporate WalletConnect shortly.
With its user-centric design philosophy and commitment to accessibility, Kraken’s NFT Marketplace is poised to make a lasting impact in the industry. By expanding the selection, eliminating gas fees, and offering various payment options, Kraken has positioned itself as a leading platform that caters to the diverse needs of NFT enthusiasts.
As the marketplace continues to evolve, it will likely attract a growing number of users seeking a seamless and affordable NFT trading experience.