Singapore-based Crypto Exchange Bybit Releases NFT Marketplace

After the initial announcement made on January 19th, today Bybit has officially launched its one-stop NFT marketplace. The shop enables users to trade and list NFTs, with exclusive offers for Monster Galaxy mystery boxes, Realy Metaverse fashion collectibles, and ONBD artwork by 9 hand-picked creators.

Bybit's NFT marketplace won’t require users to create any external wallets, so any transactions can be made through the built-in wallet without transaction fees. Currently, the platform only supports purchases with ETH, BIT, and USDT. 

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Artists that are involved in creating the ONBD artwork are Ai Makita, Alejandro Magallanes, Davi Russo, Kevin Heisner, Nicole Atkins (NATKINS), Oscar Oiwa, Shinji Murakami, Yasuo Nomura, and Ellwood Chen. They come from graphic design, new media technology, singing, sculpting, painting, and other backgrounds.

With non-fungible tokens reaching immense heights in terms of mainstream popularity and sales, it’s a great opportunity for large crypto giants to come out with their own NFT marketplaces.

Earlier this year, Binance announced its NFT Subscription Mechanism which allows customers to purchase rare collectibles via an automated system.

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