For Solana-based NFTs, FTX US has launched the NFT Marketplace

The FTX NFTs marketplace has been formed by the US-based offshoot of the major cryptocurrency derivatives exchange, FTX.

FTX NFTs are now available

FTX US, a subsidiary of one of the world’s largest cryptocurrency derivatives exchanges, recently announced the introduction of FTX NFTs, a non-fungible token (NFT) marketplace.

The FTX NFT marketplace, for example, will allow users to instantly mint NFTs, move current NFTs to the marketplace for purchase or sale, and give project creators complete control over their NFTs.

Initially, the platform will only allow Solana-based NFTs, but it aims to expand to include NFTs from other blockchains in the future, such as Ethereum (ETH).

The first major regulated exchange to mint, keep, authenticate, and trade NFTs, FTX NFT, sets itself apart from the competition. All of this for a low transaction cost, thanks to Solana’s reasonable gas prices.

It’s worth noting that the FTX NFT platform and services are exclusively offered to FTX US customers right now. However, residents of the United States and non-residents of the United States can open an FTX US account and begin trading NFTs on the exchange.

Brett Harrison, President of FTX US, commented on the development:

“We decided to create an NFT marketplace on FTX US after becoming immersed ourselves in the NFT ecosystem…”

FTX NFT Marketplace has certain unique features

FTX US will offer auctions for NFTs with a bidding system in addition to listing NFTs with a fixed price.

Furthermore, the company will engage directly with Solana project authors to ensure real NFTs are transferred from the Solana ecosystem to the NFT marketplace.

Users will finance their accounts on the marketplace through ACH bank transfers, wire transfers, and credit cards. In addition, newly issued NFTs will be advertised in USD, SOL, or ETH on the site.

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