Coinbase Global, Inc., an American cryptocurrency exchange, has partnered up with Mastercard to make it easier for non-fungible tokens (NFT) buyers. Coinbase explained that the collaboration with Mastercard will allow newcomers to the NFT market seamless access. The blog noted that new users of crypto are often faced with difficulties when purchasing NFTs.
NFTs (Non Fungible Tokens), play a vital role in this mission by allowing more people to participate in the creator economy and make money from their work. Many users still have difficulty purchasing NFTs.
Coinbase also introduced the Mastercard NFT initiative and teased more payment features. The largest cryptocurrency market in the United States according to trading volume
“Coinbase wants to make it easier for people to join NFTs communities…That’s why Mastercard has partnered with us to classify NFTs “digital goods” and allow a wider range of consumers to buy NFTs. We’ll soon “unlock” an alternative way to pay Mastercard cards.
Coinbase NFT is a peer-to-peer NFT marketplace that Coinbase recently launched. This initiative allows users to transact, exhibit, and discover digital collectibles.
Coinbase was founded in June 2012 and went public via a direct listing to the NASDAQ exchange on April 14th 2021.
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