Kraken’s NFT exchange is now in beta mode, which means collectors can discover, learn about, and trade non-fungible tokens.
With the release of Kraken Pro last week, users of the 11-year-old exchange can now use the in-house platform to trade in the NFT space.
“Since 2011, it has been our mission to accelerate the adoption of cryptocurrencies with a secure platform that protects client funds and offers a wide range of products and services,” said Jesse Powell, co-founder and CEO of Kraken.
Kraken will give more than 110 of the NFT collections with the most trading volume on the NFT market. Supported collections go through a comprehensive review process, and new collections are added often. Collectors can also utilize the NFT Screener tool on Cryptowatch to track real-time NFT market data, average selling prices, and detailed statistics for hundreds of different collectibles.
“Kraken has always supported free and diverse expression. NFTs enable content creators to effectively monetize their unique perspectives and connect directly with like-minded audiences,” Powell said.
“We believe that NFTs have the potential to become the way most people begin to interact with cryptocurrencies.”
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