As part of the move to reach more people, FTX US has confirmed it is now offering support for a Solana NFT marketplace. As a result, people who use the exchange will have the opportunity to mint, trade, auction, or authenticate NFTs based on the Solana blockchain by using the platform.
This wasn’t possible before as only NFTs that were transacted through the FTX US website were permitted. As a result, NFT collections built on Solana were traded on marketplaces such as Solanart or Digital Eyes.
$1 will be charged for minting and a 2% fee from those who make the transaction.
FTX has also confirmed that it will keep its strict KYC policy for NFT trading.
The president of FTX.US, Brett Harrison, confirmed that 40 out of the 70 verified collections are already visible on the website.