Kraken to Launch Multi-Chain NFT Marketplace

The new marketplace, dubbed Kraken NFT, will work across multiple blockchains, with "zero gas fees" for trades within the platform.

The US-based crypto exchange Kraken is planning to launch a non-fungible token (NFT) marketplace and is now inviting users to sign up on a waitlist for the new platform.

The exchange added that the absence of gas fees means NFT collectors can build their collections without having to worry that spikes in network activity will impact the cost of an NFT purchase.

The company further said that the marketplace will support both the Ethereum (ETH) and Solana (SOL) networks at launch, but added that more chains are likely to be added in the future.

Unlike what is common on major marketplaces like OpenSea, NFTs on Kraken’s new platform can be paid for in any cryptoasset the exchange supports, as well as in six fiat currencies

By FireFoxCrypto

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