Latest upgrade to Coinbase Wallet unlocks new opportunities for NFT traders of two majors
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Coinbase Wallet, a multi-product cryptocurrency storage ecosystem by the largest U.S. crypto exchange Coinbase, releases a tech upgrade that streamlines non-fungible token (NFT) trading for pros and newbies.
OpenSea, Rarible orders now broadcasted by Coinbase Wallet
According to an official announcement made by the Coinbase Wallet Twitter, its NFT trading stack is upgraded. Largely, this upgrade is designed to make NFT trading more seamless and newbie-friendly.
🖼️ Discover an NFT offer you can’t refuse
Offers on @opensea & @rarible are now viewable together on Coinbase Wallet extension! pic.twitter.com/e72POk93LK
— Coinbase Wallet (@CoinbaseWallet) July 22, 2022
Namely, the Coinbase Wallet extension now broadcasts offers from OpenSea, a largest NFT trading platform in Web3, and its rival Rarible.
Starting today, NFT creators and commissioners can check orders on their NFTs placed on two major platforms without leaving their Chrome browsers.
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Also, they can seamlessly accept or refuse offers through Coinbase Wallet’s built-in tools.
OpenSea is the most popular NFT marketplace in Web3; it processes orders from 25,000 to 30,000 users daily. Its smart contracts are deployed to Ethereum (ETH), Solana (SOL) and Polygon network (MATIC) blockchains.
Interest in NFTs drops to 10-month lows
Rarible is an innovative NFT marketplace on Ethereum (ETH), Tezos (XTZ) and Flow (FLOW) blockchains.
Meanwhile, global crypto recession pushed the interest in non-fungible tokens (NFTs) to levels unseen since early October 2021.
In the last six months, the interest in searches for “nft” requests and non-fungible tokens as a topic dropped sixfold globally and more than sevenfold in the United States.