COINBASE NFT PLATFORM INTRODUCES NEW FEATURES TO KEEP TRADERS

Amid the bear market, Coinbase has become more difficult to keep traders on its platform. Coinbase reached out directly to NFT traders to find out what they want to see on the platform. This approach has pushed Coinbase to roll out more attractive and easy-to-use features for its small user base.

New features have already appeared on the platform, among which there are “Liked” and “Bulk Manage” tabs. This will allow users to edit the Insights page, notification center, and listing prices. Coinbase NFT has added the ability to put an NFT listing on Hold, as well as new search filters. Users can link up to 10 wallets to one account.

Despite new features and tempting transaction fees, traders are reluctant to use the platform. According to representatives of the platform, since its launch, more than 8,202 new users have appeared. During the two months of the existence of the marketplace, more than 20,765 transactions were made with a trading volume of $2.9 million.

At first glance, these numbers may seem high. But when compared with such leading platforms as OpenSea, these figures are small. In just one day, the volume of trading on OpenSea is more than $15.6 million.

This explains why Coinbase NFT is actively introducing new features. This will help to attract more users, as well as increase sales.

Currently, the site is focused on creating a monetization product. Many people are ambivalent about Coinbase NFT. However, representatives of the platform are optimistic that the company will be able to turn the tide by introducing new changes.
#NFT
COINBASE NFT PLATFORM INTRODUCES NEW FEATURES TO KEEP TRADERS Amid the bear market, Coinbase has become more difficult to keep traders on its platform. Coinbase reached out directly to NFT traders to find out what they want to see on the platform. This approach has pushed Coinbase to roll out more attractive and easy-to-use features for its small user base. New features have already appeared on the platform, among which there are “Liked” and “Bulk Manage” tabs. This will allow users to edit the Insights page, notification center, and listing prices. Coinbase NFT has added the ability to put an NFT listing on Hold, as well as new search filters. Users can link up to 10 wallets to one account. Despite new features and tempting transaction fees, traders are reluctant to use the platform. According to representatives of the platform, since its launch, more than 8,202 new users have appeared. During the two months of the existence of the marketplace, more than 20,765 transactions were made with a trading volume of $2.9 million. At first glance, these numbers may seem high. But when compared with such leading platforms as OpenSea, these figures are small. In just one day, the volume of trading on OpenSea is more than $15.6 million. This explains why Coinbase NFT is actively introducing new features. This will help to attract more users, as well as increase sales. Currently, the site is focused on creating a monetization product. Many people are ambivalent about Coinbase NFT. However, representatives of the platform are optimistic that the company will be able to turn the tide by introducing new changes. #NFT
5
0 Comments 0 Shares