Bitcoin exchange FTX launches NFT minting feature

by in Cryptocurrency News


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.

Trending: SEC chief thinks bitcoin threatens US financial sector

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