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FTX US launches NFT marketplace to trade Solana-based NFTs

Updated: Aug 12, 2024
Published: Oct 11, 2021
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Crypto exchange FTX.US has launched its NFT marketplace, which will support trading of a range of Solana-based NFTs.

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FTX US will begin with 75 NFT projects

FTX.US has announced that it is expanding its NFT marketplace to Solana-based NFTs. The exchange will begin with 75 NFT projects. It intends to support all NFTs based on Solana's Metaplex standard, but exceptions have been made.

To help protect customers from buying fake NFTs, FTX.US will work with NFT creators to verify the authenticity of the NFTs available for sale, and unlike current marketplaces, which have few restrictions the exchange will not list projects that regulators might consider securities offerings - such as projects offering royalties.

Users can buy NFTs with their credit card

FTX.US's marketplace will allow customers to buy and sell NFTs at fixed prices, and there will also be an auction system. Customers can fund their accounts to buy NFTs with bank transfers, credit card payments, or crypto transactions. NFTs can be purchased in US dollars, Solana (SOL) or Ether (ETH).

The new marketplace also allows customers to withdraw NFTs from the platform to external wallets. It is currently limited to Solana-based NFTs), but there are plans to add support for Ethereum-based NFTs.

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