It’s been revealed that the US exchange Coinbase is launching support for non-fungible tokens in the browser wallet.
This new upgrade is about to roll out in a few days.
This will enable Coinbase Wallet customers to view NFT collections and access NFT marketplaces from the wallet’s browser extension, says a recent announcement from the crypto exchange.
It’s been also reported that Coinbase Wallet customers are also now able to access their token balances across all supported networks in one view, including the Ethereum mainnet, Arbitrum, Avalanche, Binance Smart Chain, Fantom, Optimism, Polygon, and xdai networks.
The exchange said that it plans to roll out additional features for Coinbase Wallet in 2022, including adding support for hardware wallets.
“We have ambitious plans for Wallet next year, including making our native DEX [decentralized exchange] trading feature more accessible and affordable and leveling up the experience of buying, selling, and collecting NFTs.”
According to the latest reports, in Coinbase’s Q3 earnings call earlier this year, the exchange’s chief executive Brian Armstrong stressed the importance of NFTs to the crypto space at large.
“I think this is going to be a very large area for crypto in the future, and it already is today. I mean, traditionally, Coinbase was focused on FTs, fungible tokens, and we’re equally excited about NFTs. I think it could be as big or bigger. We don’t know.”
Coinbase in the news
Coinbase is making headlines again after their latest move. Check out the new reports about the exchange.
Coinbase is adding decentralized finance (DeFi) investing for users in dozens of countries around the world.
In a new blog post, the exchange announces that customers are able to earn variable-yield interest by holding the Dai (DAI) stablecoin. Coinbase says the DeFi yield feature aims to make access simple and affordable.
“Accessing DeFi protocols can require expensive network fees and involve a somewhat complex user experience. Coinbase is making DeFi more customer-friendly… with just a few taps and without the network fees.”
Stay tuned for more juicy crypto news.