Ebay exploring crypto payment options and NFT auctions

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Main on-line market eBay might be pursuing crypto cost choices for its prospects in addition to exploring methods to introduce nonfungible tokens to the platform.

In an interview with CNBC in the present day, eBay CEO Jamie Iannone said the corporate would “proceed to look” at cost choices like crypto. As well as, eBay might be “taking a look at it and exploring alternatives” to allow nonfungible tokens, or NFTs, on the platform “in a simple manner,” evaluating the digital choices to collectibles.

“One of many nice issues about eBay is when there’s a brand new development, it simply exhibits up on Ebay,” stated Iannone. “That’s what we’re seeing in areas like NFT, which we’re taking a look at how can we discover that higher.”

The CEO stated elements of NFTs had been “already transacting” on the platform now, however eBay had not but simplified the method for patrons and sellers. As of the primary quarter of 2021, eBay has roughly 187 million lively patrons.

This story is growing and might be up to date.

 

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