Bitcoin exchange FTX launches NFT minting feature

by in Cryptocurrency News

FTX

Founder and head of FTX cryptocurrency exchange Sam Bankman-Fried announced the addition of a new feature for issuing non-fungible tokens (NFT) on the mainstream and US platforms.

By default, all NFTs will be cross-chain compatible with Ethereum and Solana. Deposits and withdrawals will open within a few weeks. Later, the function of placing external NFTs on the platform will appear.

As an example, Bankman-Freed attached a test image he created. At the time of writing, the token has received 19 stakes, the maximum is $1100.

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In August, media company Dolphin Entertainment and Bitcoin exchange operator FTX.US agreed to create an NFT marketplace to promote sports and entertainment brands.