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JAKARTA – One of the largest crypto trading platforms in the US, Coinbase announced that it will release its own NFT marketplace. Coinbase thinks it has a lot for future NFT collectors.

With this plan, the NFT marketplace has the potential to enliven the non-fungible token digital art market as well as become a rival to the popular NFT platform OpenSea. The popular crypto exchange announced its plans via a Twitter post on March 14.

Coinbase claims the exchange has met with over 100 NFT creators during the creation of the platform, and is continuing to develop it based on the feedback they receive from the community. They also thanked their followers for their patience.

However, until now the company has not provided detailed information regarding the launch date of the NFT marketplace. The announcement only reveals that the NFT marketplace will be released soon.

“When is Coinbase NFT? Quick."

The NFT Marketplace differs from other non-fungible token trading platforms. Coinbase NFT is claimed to have a new “social function” aimed at increasing interaction between artists and users. Not only that, this feature allows them to form a content creator community that can grow rapidly, as reported by DailyCoin.


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