Trade, Sell, Mint & Buy NFTs with Fiat at Upcoming Coinbase NFT Marketplace

1 min read

Coinbase upcoming NFT marketplace will allow users to mint, purchase, showcase, and discover NFTs more easily than ever before. It has partnered with Mastercard to allow anyone with a Mastercard credit or debit card to buy an NFT. NFT marketplace will be launched first in the U.S., but the company plans to expand internationally later. 

Coinbase, has offered up a teaser of its forthcoming NFT marketplace, providing a demonstration of its interface, features, and buying experience.

Earlier in the week, VP of product, Sanchan Saxena, circulated a video showcasing Coinbase’s flash new marketplace with a glimpse of a super simple and intuitive platform that doesn’t stray too far from familiar territory. As a result, any user of OpenSea, will be able to jump in and use it immediately.

In the video, Sanchan walks viewers through the process as he mistakenly purchases a Pudgy Penguins NFT. A collection which, according to his own analytics, shows every single item is currently listed for sale. Regardless of this, the main page features all the core market data you’d expect, such as trading volume and floor price, as well as a “verified” checkmark and the project’s Twitter and website links. Once the user has located a suitable token, they can then select the wallet address to conduct the purchase, and secure their new item.

Coinbase has not yet announced an official launch date, however, judging by the reveal, development is in its latter stages. Over 900k users are primed for early access, as Coinbase NFT looks to hit the ground running. Furthermore, with OpenSea’s reputation taking a recent dive, it could prove the optimum time for Coinbase to launch its new product.

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