NEWS

1.5% of Coinbase Users Join NFT Waitlist in a Day

Source: AdobeStock/Dennis

With 1m people registering for US crypto exchange Coinbase‘s forthcoming non-fungible tokens (NFTs) platform, this could mean the company recruited a further 1.5% of its existing customer base in just one day.

As reported, expanding into NFTs, Coinbase has launched a waitlist for customers interested in its new NFT peer-to-peer marketplace that will allow them to mint, buy, showcase, and discover such tokens. 

Brian Armstrong, the exchange’s Co-founder and CEO, tweeted that more than 1m potential customers have signed up for Coinbase NFT since its launch on October 13. 

In its shareholder letter for the second quarter of 2021, the exchange said that it had amassed some 68m verified users. The 1m that have registered for the waitlist translate into 1.5% of Coinbase’s existing users.

“Coinbase’s [NFT] waitlist is already larger than OpenSea‘s wallets,” observed US entrepreneur Nate Roth, referring to the leading digital marketplace for crypto collectibles and NFTs.

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OpenSea says it has more than 300,000 users and

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