{"id":19139,"date":"2023-06-09T01:21:25","date_gmt":"2023-06-09T01:21:25","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/kraken-nft-marketplace-launches-supports-250-nft-collections\/"},"modified":"2023-06-09T01:21:27","modified_gmt":"2023-06-09T01:21:27","slug":"kraken-nft-marketplace-launches-supports-250-nft-collections","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/kraken-nft-marketplace-launches-supports-250-nft-collections\/","title":{"rendered":"Kraken NFT Marketplace Launches, Supports 250 NFT Collections"},"content":{"rendered":"
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Kraken, a U.S.-based cryptocurrency exchange, has announced the official launch of its NFT marketplace following the successful completion of its beta testing phase. According to a press release, the marketplace will support over 250 NFTs across multiple blockchains, including Ethereum, Solana, and Polygon.<\/p>\n

In November 2022, Kraken introduced a public beta version of its NFT platform, which initially featured a carefully curated selection of 70 NFT collections on Ethereum and Solana. However, with the platform\u2019s public launch, Kraken has broadened its offerings to include low-cost collections that can be purchased for under $100. In addition to CryptoPunks and Bored Apes, users will now see uwucrew, DigiDaigaku, Nakamigos, Solana Monkey Business, and more on the platform. <\/p>\n

\u201cWe\u2019ve long understood that\u00a0the communities behind the NFTs\u00a0are often even more significant than the collectibles themselves. That\u2019s why we\u2019ve been curating many of the most active NFT collections the market has to offer,\u201d the press release detailed.<\/p>\n

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We are launching out of BETA! \ud83c\udf89#KrakenNFT<\/a> is your gateway to buying, selling & learning about NFTs!<\/p>\n

\ud83d\udd0e Browse 250+ collections
\u26d3\ufe0f Polygon blockchain Integration
\ud83e\udde1 Reddit Collectible Avatars @0xPolygonLabs<\/a> @Reddit<\/a><\/p>\n

Read our latest announcement: https:\/\/t.co\/3Xnn2tMyST pic.twitter.com\/l1LTizqwT1<\/a><\/p>\n

\u2014 Kraken NFT (@KrakenNFT) June 8, 2023<\/a><\/p><\/blockquote>\n

Kraken has implemented various features to enhance the user experience on its NFT marketplace. Users will have the flexibility to make payments using either fiat currency or cryptocurrency. Additionally, listings on the platform will come with built-in rarity rankings, providing valuable insights for collectors and investors.<\/p>\n

Finally, Kraken has stated that it will not charge gas fees to customers who buy and sell NFTs on its platform. It is important to note, however, that \u201cgas fees will be incurred when transferring NFTs and other crypto assets on and off the Kraken platform.\u201d<\/p>\n

Currently, Kraken supports wallets like MetaMask and Solana\u2019s Phantom wallet, with plans to add support for WalletConnect in the future. Other future plans include the development of perks and features, including client-only drops and gas-free floor sweeping. <\/p>\n

Kraken\u2019s launch of its NFT marketplace comes at a time when the cryptocurrency industry is facing increased regulatory scrutiny. U.S. exchanges, for instance, are grappling with lawsuits from the U.S. Securities and Exchange Commission (SEC). Despite these challenges, Kraken aims to carve out a prominent position in the competitive NFT marketplace landscape.<\/p>\n

Editor\u2019s note: This article was written by an nft now staff member in collaboration with OpenAI\u2019s GPT-4.<\/em><\/p>\n<\/p><\/div>\n