OpenSea Adds Credit Card Payment Method for NFTs  By DailyCoin

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OpenSea Adds Credit Card Payment Method for NFTs

On OpenSea, the world’s top NFT marketplace, users will soon be able to buy NFTs using credit cards, Apple (NASDAQ:) Pay, and Google (NASDAQ:) Pay – withoutbeing required to hold any cryptocurrency.

The feature comes through a partnership with MoonPay, a fintech company that is working to build out the crypto space’s payment infrastructure.

With the new payment options, OpenSea aims to attract more conventional buyers. February and March saw a decrease in total NFT sales despite January bringing in an all-time record of $5 billion in total NFT sales.

Payments in fiat will cover primary NFT sales, including minting and initial drops. The feature will be released to sections of the OpenSea user-base in phases. The downside of the new feature is that purchasing NFTs using credit and debit cards will be more expensive due to the additional fees associated.

Last week, OpenSea also announced that it will begin listing NFTs in April, resulting in a 21% surge in the price of SOL price over the last seven days.

The NFT marketplace is worked to further leverage its dominance in the NFT space in order to bring NFTs to a larger general audience.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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OpenSea Adds Credit Card Payment Method for NFTs

On OpenSea, the world’s top NFT marketplace, users will soon be able to buy NFTs using credit cards, Apple (NASDAQ:) Pay, and Google (NASDAQ:) Pay – withoutbeing required to hold any cryptocurrency.

The feature comes through a partnership with MoonPay, a fintech company that is working to build out the crypto space’s payment infrastructure.

With the new payment options, OpenSea aims to attract more conventional buyers. February and March saw a decrease in total NFT sales despite January bringing in an all-time record of $5 billion in total NFT sales.

Payments in fiat will cover primary NFT sales, including minting and initial drops. The feature will be released to sections of the OpenSea user-base in phases. The downside of the new feature is that purchasing NFTs using credit and debit cards will be more expensive due to the additional fees associated.

Last week, OpenSea also announced that it will begin listing NFTs in April, resulting in a 21% surge in the price of SOL price over the last seven days.

The NFT marketplace is worked to further leverage its dominance in the NFT space in order to bring NFTs to a larger general audience.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7]
You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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