Kraken plans to launch its own market for NFT’s without gas fees

The non-fungible token market is becoming more and more versatile, because it can adapt to people’s needs or ideas. This is demonstrated by Kraken, one of the most popular cryptocurrency exchanges in the United States, who is planning to launch its own market for NFT’s.

This new marketplace would be known as Kraken NFT and would be developed to be able to operate with different blockchains. In addition, they intend to be “zero gas fees”, for transactions on the same platform. This was announced by Kraken, on its blog.

The US brand also added that the intention to eliminate “gas fees”, is intended to allow users to create collections of NFT’s, without worrying about network activity spikes affecting their purchase by influencing asset costs.

Kraken is very interested in supporting the Ethereum (ETH), and Solana (SOL) networks, with the opening and launch of this marketplace, but in the future they plan to add other blockchains.

Another of the great attractions that the firm plans to show with this project, is that Kraken’s platform will allow NFT’s to be paid in any cryptoasset, as well as six different fiat currencies.

With these moves and announcements, Kraken will try to follow the trend of other important competitors in the market; such as Binance, Coinbase or OpenSea and as of the publication of this note, Kraken hasn’t confirmed the launch date for this platform.

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