Coinbase Sees 1.4 Million Signups for New NFT Platform

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The Coinbase NFT marketplace is seeing an “insane” amount of traffic as the number of users on the waitlist exceeds 1.4 million.

Key Points

  • The waitlist for Coinbase NFT, a peer-to-peer marketplace for non-fungible tokens (NFTs), has already seen over 1.4 million signups, and that’s in less than 48 hours since the San Francisco-based crypto exchange announced the imminent launch of the platform on Tuesday.

  • Slated to open before the end of the year, Coinbase NFT, according to the original announcement, “will make minting, purchasing, showcasing, and discovering NFTs easier than ever.”

  • “Just as Coinbase helped millions of people access Bitcoin for the first time in an easy and trusted way — we want to do the same for the NFTs,” the company said.

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