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Roommates, cryptocurrency has changed so much that I can hardly keep up. Thanks to Twitter, you can always see what is being talked about on the street, and today all eyes are on Coinbase. After the cryptocurrency trading platform announced that they planned to expand NFT (non-fungible token) through a new market, this cryptocurrency trading platform became popular after competing with other companies such as OpenSea at the end of this year.
according to Central bank, Coinbase plans to launch a marketplace, Coinbase NFT, which allows users to mint, collect and trade NFTs. The exciting thing about Coinbase NFT is that it can open up an important source of income for the now-listed company, assuming that the NFT continues to attract the interest of investors looking for high-priced digital collectibles and rare art.
In essence, through Coinbase’s new market, it will not only directly compete with OpenSea, but also with other crypto startups Gemini and Binance. So many people have been trying to obtain tokens that demand has increased this year. According to the data tracking of encryption-based application company DappRadar, in the third quarter of 2021 alone, the transaction volume of the NFT market has exceeded 10 billion US dollars.
Coinbase NFT will change the rules of the game for content creators by including a “social feature” application that will help people who make money publish videos and other content online. Coinbase is not the only cryptocurrency company taking major steps. As we reported earlier, control center It is planned to accept different cryptocurrency payment methods before the end of the year.
Consumers of Coinbase must also wait the same amount of time for the market to take effect. However, the company said that users can register for a waiting list in order to use the feature in advance.
Roommates, are you excited about the market?
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