Coinbase Partnered with Mastercard

NFTs went the wild last year, 2021, haunting art collectors and engaging other investors to join the craze. For starters, NFT traders must use only cryptocurrency to purchase digital collectibles.

Coinbase, an exchange platform for traders to sell and trade cryptocurrencies, announced later last year to launch their own NFT marketplace called Coinbase NFT. Coinbase is a very well-known platform. Of course, it’s obvious to impact non-traders curious to take part.

Coinbase is wise enough, planning to expand the audience. It partnered with Mastercard to allow acceptance of fiat currency in purchasing NFTs.

Mastercard does not need to be introduced to the public or any community since they came before the era of cryptocurrency; current cardholders will join the NFT marketplace.

We could say the cryptocurrency is wild, but the concept of NFTs is just not more than a decade old. Investors will consider very seriously taking part in digital space investments.

Sources

• Coinbase will let you pay with Mastercard in its upcoming NFT marketplace – The Verge
• Coinbase and Mastercard partner to revolutionize NFT purchase experience | by Coinbase | Jan, 2022 | The Coinbase Blog
• Coinbase is adding a way to showcase NFTs later this year – The Verge