Leading cryptocurrency exchange Coinbase has teamed up with payment processing giant Mastercard to facilitate the purchase of non-fungible tokens.
- According to an official blog post today, Coinbase is planning to make it easier for newcomers to join the rapidly growing NFT market.
- Despite the growth of NFTs in recent months, Coinbase said that buying digital collectibles is still a complicated experience for many users.
- However, the digital asset platform has partnered with Mastercard, and both companies will classify NFTs as “digital goods” so that customers can easily purchase such collectibles.
- Meanwhile, Coinbase recently launched an NFT peer-to-peer marketplace called Coinbase NFT.
- The platform allows users to mint, buy, sell, display and discover digital collectibles.
- By partnering with Mastercard, Coinbase hopes to unlock new ways for users to pay for NFTs using their Mastercard cards in the future.
“Thanks to our work with Mastercard, we will be able to provide a superior customer experience on Coinbase NFT, and look forward to working to find ways to bring this opportunity to the wider ecosystem through Mastercard’s scale and global network.” are planning,” the crypto exchange said. ,
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