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


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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. 

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Valeria Goncharenko

Valeria is an Italy-based writer passionate about Web3 and innovation. She is getting her second Major in International Business Management while dedicating her spare time to photography and fashion.

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