eBay Now Allows NFTs Purchases On Its Platform

eBay Now Allows NFTs Purchases On Its Platform
фото показано с : coinjournal.net

2021-5-12 13:26

eBay customers are now able to buy non-fungible tokens (NFTs)  following an announcement from the e-commerce giant.

eBay is now allowing users to buy NFTs on its website. This comes just a week after reports that the firm was considering a crypto payment option while exploring the best way to introduce NFTs. eBay’s chief executive revealed in an interview with CNBC last week that the company was looking to incorporate the digital tokens.

eBay, already a hub for physical collectibles, is now going forward with its plan. The company told Reuters that the option to buy NFTs would be available to customers. eBay is among the first major e-commerce platforms to offer NFTs.

The announcement stated that the company would start with a smaller group of trusted sellers before expanding to involve more. eBay’s decision to allow the sale of NFTs on its site appears to be a part of its efforts to foray into the digital collectibles market. The announcement revealed that the company is also working to introduce ‘blockchain-driven collectibles’ on the site over the next few months.

Payments for the tokens will only be processed in US dollars – a significant difference from other marketplaces that use Ethereum payments. With the absence of a crypto payment option, interested buyers will tap on the traditional payment system linked to a PayPal account or a credit card.

eBay is attempting to capitalise on the recent interest in NFTs by providing an inventory of these tokens to sellers that meet its eligibility criteria. Customers will then be able to bid on NFTs just as they would for other items on the platform.

However, not all categories of NFTS will be up for sale on the platform. NFTs in trading cards, entertainment, music and art will be offered to customers for the time being. It is reported that more NFT sectors will be featured on top of the current selection based on feedback from eBay users.

The majority of the NFTs available for sale on the platform,as reported by The Block, are on the WAX blockchain. Buyers will therefore have to create a WAX wallet to complete the transactions and receive the tokens.

The post eBay Now Allows NFTs Purchases On Its Platform appeared first on Coin Journal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Sharpe Platform Token (SHP) на Currencies.ru

$ 0.0004599 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.0004599 - H: $0.0004599
Капитализация $8.007k Rank 99999
Доступно / Всего 17.41m SHP

ebay nfts allows platform purchases journal announcement

Источник: coinjournal.net

ebay nfts → Результатов: 9


PayPal Reportedly Discussing Its Own Stablecoin

Online payment operator PayPal is hitting the newswire today, reportedly discussing the creation of their own fiat-backed stablecoin. Adoption of broader mainstream crypto within major companies continues to grow, exemplified by this and other recent company discussions, such as eBay CEO Jamie Lannone discussing new potential payment options and potential utilization of NFTs in recent […]

2021-5-5 03:49


How Bitcoin And NFTs Could Be Integrated To e-Bay’s Platform

In an interview for CNBC’s Squawk Box, eBay’s CEO Jamie Iannone talked about the possibility of integrating Bitcoin and crypto payments into their platform. BTC and other digital assets have seen an unprecedented wave of adoption from institutions, companies, and payment platforms during the last year and the popular e-commerce website seems to want in […]

2021-5-4 22:19


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Binance adds direct deposits and withdrawals for dYdX

Binance has announced its integration with the dYdX Chain mainnet. Deposits for DYDX are open, while support for withdrawals will go live once there’s sufficient volume. Binance users can now directly deposit or withdraw dYdX (DYDX) tokens.

Revolut’s new crypto exchange goes live

Revolut has launched Revolut X, a new crypto exchange platform for pro traders. The exchange will initially only be availabe to UK users. Revolut’s new crypto trading platform Revolut X is now live, the fintech company announced on Tuesday.

Visa reveals 90% of stablecoin transactions come from bots and big traders

A new Visa study finds over 90% of stablecoin transaction volumes are from bots and large-scale traders, not genuine users, suggesting stablecoins are still far from mainstream adoption. The post Visa reveals 90% of stablecoin transactions come from bots and big traders appeared first on Crypto Briefing.