- This improvement aims to make NFT trading easier for beginners.
- NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day.
The largest U.S. crypto exchange, Coinbase, has released an update to its multi-product wallet that makes trading non-fungible tokens (NFTs) easier for experts and novices alike. The Coinbase Wallet Twitter has announced that its NFT trading stack has been improved. For the most part, this improvement aims to make NFT trading easier for beginners.
Major Convenience For NFT Traders
OpenSea, the biggest NFT trading platform in Web3, and Rarible, a competitor, are now broadcasting orders via the Coinbase Wallet extension. Now that NFT artists and commissioners have access to orders made on two major marketplaces without having to leave their Chrome browsers, this is a huge convenience for them.
Additionally, the built-in facilities of the Coinbase Wallet allow users to accept or reject offers in real time. NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day, making it the most popular in Web3. The Ethereum (ETH), Solana (SOL), and Polygon network (MATIC) blockchains are all using its smart contracts for deployment.
An interesting NFT marketplace is Rarible, which operates on the Ethereum, Tezos, and Flow blockchains. There has been a six-fold decrease in worldwide interest in “NFT” requests and non-fungible tokens as a subject during the previous six months.
According to the SEC, a former Coinbase manager has been charged with insider trading and has been detained and is now facing criminal charges. In the complaint, the regulator lists nine crypto coins as securities. Last year, the SEC threatened to sue Coinbase if it went forward with the launch of its Lend program in September, thus the firm decided not to go through with it.
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