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FTX launches the trading marketplace for NFTs issued on Solana

October 12, 2021
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The FTX.US exchange officially launched the NFT marketplace platform, at first supporting NFT trading on Solana.

FTX launches the trading market for NFTs issued on Solana
FTX launches the NFT trading marketplace issued on Solana

FTX.US is the trading platform for US consumers of the FTX cryptocurrency exchange. The NFT trading attribute has been announced by the exchange considering that June, but is constrained to trading NFTs issued straight on FTX.

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Now, with the official launch of the NFT marketplace on FTX.US, consumers will be in a position to transfer NFTs from other collections launched on Solana to the exchange for trading. Popular NFT collections now on Solana include things like Solana Monkey Business, Degenerate Ape Academy, and Aurory.

The Solana NFT Marketplace is dwell @ftx_us!

How to deposit NFT on FTXUS: https://t.co/mg87scI6sy pic.twitter.com/vHe2t9EJ56

– FTX – Built by traders, for traders (@FTX_Official) 11 October 2021

FTX.US is identified to assistance up to 75 NFT tasks, this quantity will carry on to enhance in the close to long term. However, the exchange notes that it will reject NFTs that shell out bonuses to consumers, mainly because it can be deemed a protection underneath US law.

The FTX Marketplace will enable consumers to obtain and promote NFTs at fixed charges and hold auctions. This mechanism of action is comparable to OpenSea, the # one marketplace on Ethereum and in the NFT village at the second.

Users can select from a wide variety of payment approaches, together with financial institution cards and cryptocurrencies (ETH, SOL), and then withdraw NFTs to their personalized wallet.

FTX.US has confirmed that it will quickly assistance NFTs on Ethereum in the close to long term.

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