U.S.-based crypto exchange FTX.US adds support for Ethereum-based NFTs to its NFT marketplace. The addition of Ethereum-based NFTs to the previously Solana-exclusive marketplace makes FTX.US the first and only NFT marketplace to offer both Solana and Ethereum NFTs.
The nascent NFT marketplace launched on October 11th, originally only supporting Solana NFTs. However, as FTX promised at the launch, support for Ethereum NFTs would only be a matter of weeks away. The company have since come good with this promise, with the FTX.US Twitter account confirming through a tweet that December 1st marks the first day that the company has allowed Ethereum NFTs onto its marketplace.
Through such venture, FTX NFT marketplace users will now be able to buy, sell and display Ethereum NFTs on the marketplace. Users will also be offered the same payment options for Ethereum-based NFTs as they have done for Solana collectables, meaning that they can buy both Ethereum and Solana collectables using US dollars with credit cards, funds via ACH, or wire transfer.
The addition of Ethereum to the FTX NFT Marketplace also has other benefits to users. For instance, rather than NFT sales taking place entirely on the Ethereum blockchain, they will take place off-chain on FTX’s own platform. This means that users will not have to pay gas fees for transactional actions such as buying, selling, placing bids, or altering bids.
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