Kraken, the cryptocurrency exchange, has announced the closure of its NFT marketplace due to declining market activity and oversaturation. Effective November 27, 2024, users can no longer list or trade NFTs, although withdrawals will be supported until February 27, 2025. The decision follows a significant decline in NFT trading volumes and increased competition from other platforms like OpenSea and Blur. Kraken aims to reallocate resources to other innovative projects as the NFT sector continues to struggle with reduced profitability and limited user engagement.
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Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
