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Singapore-based Crypto Exchange Bybit Releases NFT Marketplace

Singapore-based Crypto Exchange Bybit Releases NFT Marketplace

Aaron S. Editor-In-Chief
Written by Aaron S.,
Editor-In-Chief

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Last Updated: January 20, 2022

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Singapore-based Crypto Exchange Bybit Releases NFT Marketplace

Bybit just came out with its own non-fungible token marketplace featuring art projects, fashion design artwork, and blockchain gaming items. 

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.

Aaron S. Editor-In-Chief
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
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