Kraken NFT, the platform dedicated to non-fungible tokens (NFT) developed by the Kraken exchange, is now open for people who have been selected to participate in the beta phase. Kraken NFT promises many features, including no transaction fees for NFTs circulating on the platform.
Kraken gets into NFTs
krakenthe 6th largest cryptocurrency exchange in the world by volume traded, announced that its platform dedicated to non-fungible tokens (NFT) was now open under its beta phase.
NFTs are by definition non-exchangeable tokens, which each have their own specificities through their own metadata. To know everything about NFTs, this phenomenon which is constantly becoming more popular, we invite you to read our page dedicated to non-fungible tokens.
Please note that if you have registered on the waiting list in order to be able to enjoy Kraken NFT and that you have been selected to access it, you can already access it. via a link received by email.
Although places are now expensive for NFT platforms, both leaders like OpenSea or Magic Eden (for Solana) dominate the field, Kraken promises to ensure zero transaction fees. An initiative that should be enough to arouse interest among many investors.
Indeed, the NFT market is in bad shape, the latter being suffocated under the weight of both the cryptocurrency market collapse, but also inflation and global macroeconomic instability. Also, any measure aimed at making the various transaction fees more flexible is welcome today.
👉 Find our complete guide to easily buy NFTs
One of the safest platforms in the world
More than 60 cryptocurrencies available
Many features on the program
For now, Kraken NFT supports 70 different NFT collections, including the famous Bored Ape Yacht Club (BAYC) and its underlying collections. Note that in addition, Kraken will host the NFTs of the Ethereum blockchain but also those of the Solana blockchain (SOL)enough to overshadow the Magic Eden marketplace.
According to the release, new collections should continually be added. However, the platform wishes to remain discreet about future NFTs available on Kraken, but the list of those supported will be updated as necessary.
Overview of Viewing and Buying an NFT on Kraken NFT
According to a Kraken spokesperson, NFT creators will get a royalty on the works exchanged of which they are the authors:
“A portion of the value sold in our marketplace goes back to the creator of the original content. This way, creators are always properly compensated for their time and effort. »
Additionally, Kraken NFT users will be able to list or purchase works with 8 different currencies, as well as with more than 200 cryptocurrencies. Finally, it will be possible to view the collections listed on other platforms while enjoying the security promised by Kraken.
Be aware, however, that if you are lucky enough to take advantage of this closed beta, you will need to take care of do not transfer any NFTs not supported by Kraken on the platform under penalty of seeing it disappear.
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One of the safest platforms in the world
More than 60 cryptocurrencies available
Source: Kraken
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Passionate about the world of decentralized finance and the novelties brought by Web 3.0, I write articles for Cryptoast to help make blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
Maximilien Prue
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