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COINBASE NFT MARKETPLACE INTEGRATES MASTERCARD!

 


As has now become known, MasterCard will be integrated into the planned Coinbase NFT marketplace. This should also allow consumers who have not had much to do with cryptocurrencies to buy NFTs very easily. This is guaranteed by several payment options. 


Coinbase is considered one of the leading crypto exchanges worldwide. In addition to Kraken, it is even one of the oldest, which speaks for the trust in the trading platform. Now it is starting a partnership with MasterCard to optimize the planned NFT marketplace.


Normally, an NFT is bought using Ethereum via NFT marketplaces such as OpenSea. There are some obstacles for newcomers. Because if you don’t yet own any cryptocurrencies, you first have to buy Ethereum and send it to the respective platform. This is exactly where the Coinbase NFT project with MasterCard comes in.


Coinbase NFT marketplace through MasterCard suitable for the masses

The integration of MasterCard into the platform makes it possible to pay using conventional payment cards. Since MasterCard is the largest provider of payment cards worldwide alongside Visa, it is clear what kind of broad market the Coinbase NFT marketplace wants to capture.


Coinbase Senior Director of Product Prakash Hariramani stated:


Coinbase aims to simplify the user experience to allow more people to join the NFT community. Just as we've helped millions of people gain access to Bitcoin for the first time in an easy and trusted way, we aim to do the same for NFTs.


MasterCard payments on the conventional exchange will be activated in the coming days.


The payment giant MasterCard explained the project:



Getting more people involved in a safe way is perhaps the best way to help the NFT market thrive.

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