Ebay exploring crypto fee choices and NFT auctions


Main on-line market eBay will likely be pursuing crypto fee choices for its clients in addition to exploring methods to introduce nonfungible tokens to the platform.

In an interview with CNBC at this time, eBay CEO Jamie Iannone said the corporate would “proceed to look” at fee choices like crypto. As well as, eBay will likely be “ it and exploring alternatives” to allow nonfungible tokens, or NFTs, on the platform “in a simple approach,” 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,” mentioned Iannone. “That’s what we’re seeing in areas like NFT, which we’re how can we discover that higher.”

The CEO mentioned components of NFTs have 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 energetic patrons.

This story is growing and will likely be up to date.