Get the scoop on finance - sign up for mobile alerts
NFTs
| On
July 25, 2022

Coinbase Wallet Adds New Functionality, Allows Users To View Offers on NFT Marketplaces OpenSea and Rarible

By Daily Hodl Staff

Coinbase Wallet has rolled out a new update that enables users to directly see offers from two of the leading non-fungible token (NFT) marketplaces on the web.

Coinbase Wallet allows users to buy and store crypto and NFTs in one place, and it also supports thousands of coins, including all ERC-20 tokens. 

ADVERTISEMENT

The self-custody wallet by US-based crypto exchange Coinbase announced on Twitter that offers made on OpenSea, the largest NFT marketplace, and its community-centric competitor, Rarible, are now viewable on its platform.

The announcement comes as Coinbase’s own NFT marketplace saw its highest volume spike to date this month. Data from blockchain research tool Dune Analytics shows that the amount of volume processed by Coinbase NFT is worth $1,156,545 over the last seven days and $4,573,672 since its launch in April.

At time of writing, Coinbase NFT has 10,466 users while leading digital item marketplace OpenSea has 1,997,246. 

ADVERTISEMENT

In May, Coinbase Wallet also announced that it now supports swaps for the BNB Chain (BNB), Avalanche (AVAX), Ethereum (ETH) and Polygon (MATIC) networks.

Coinbase said that it is also planning to roll out support for network bridging so users can seamlessly move tokens across different networks.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
&nbsp
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/graphicwithart