News Report
November 04, 2022

Kraken launches a Beta of its NFT marketplace and a crypto-native social platform

In Brief

Kraken launches the private Beta of its NFT marketplace

The digital exchange recently launched Cryptowatch Social, a social platform for crypto natives

Kraken, one of the largest cryptocurrency exchanges, launches the Private Beta of its new NFT marketplace.

Individuals that applied for the whitelist and are eligible for the Beta testing will receive an email invitation to the platform. Beta testers will have the possibility to deposit NFTs from 70 supported Ethereum and Solana projects. Among these are blue-chip collections Crypto Punks, Cool Cats, and World of Women. Notably, users can only deposit supported NFTs, and moving unsupported collections could result in their loss. 

The platform offers several competitive features. For instance, users can trade with zero gas fees. More than that, Kraken NFT allows users to avoid connecting to Solana and Ethereum blockchains when storing NFTs. 

Kraken

There are perks for buyers as well. Collectors can bid in different fiat and cryptocurrencies regardless of the original listing currency. 

Kraken has also recently introduced the first crypto-native social platform, “Cryptowatch Social.” The digital exchange aims to make the program become the most popular crypto discussion hub. The platform allows users to create spaces for interactions, contributions, and community participation. In addition, users have the opportunity to build crypto communities based on trust and transparency. 

Cryptowatch Social

Cryptowatch Social lists over 4,000 crypto tokens and more than 14,000 markets, allowing individuals to set price alerts and track their portfolios in-app. 

Individuals can already join the platform and install the mobile app. 

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

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