Kraken Launches NFT Marketplace: Buy, Sell and Learn About NFTs!

Kraken NFT Marketplace Launches

• Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 non-fungible tokens (NFTs) on the Ethereum, Solana and Polygon blockchains.
• The platform promises to include not only blue-chip projects, but also more affordable collections that can be bought for under $100.
• Kraken says it will not charge gas fees to customers who buy and sell NFTs on the platform.

Support for Multiple Blockchains

Kraken’s new NFT marketplace supports a wide range of blockchain networks including Ethereum, Solana and Polygon. This allows customers to purchase and trade digital assets across different networks with ease. The platform has pledged to include not only blue-chip projects like CryptoPunks and Bored Ape Yacht Club, but also more affordable collections that can be bought for under $100.

No Charges On Platform Transactions

Kraken states that it will not charge any fees when customers buy or sell NFTs through the platform. However, they do specify that “gas fees will be incurred when transferring NFTs and other cryptoassets on and off the Kraken platform.” Customers are also able to pay in either fiat or cryptocurrency as well as view rarity rankings of listings prior to making their purchase decisions.

Part Of Broader Regulatory Crackdown

The launch of Kraken’s new NFT marketplace comes amidst a broader regulatory crackdown against the crypto industry in various countries around the world. In Canada specifically, recent legislation has tightened its regulations surrounding digital asset trading – however Kraken managed to remain within Canada while competitors such as Binance left – allowing them to grow their customer deposits by 25%.

WalletConnect Support Coming Soon

Currently supported wallets include MetaMask and Solana’s Phantom wallet with WalletConnect expected to be added in the near future. This would allow users even more flexibility when purchasing digital assets from the Kraken exchange moving forward.