What is Crypto.com?
Crypto.com launched its NFT marketplace in March 2021. The marketplace has the best NFTs to buy, with categories like art and music for those who value a good collector's item. Over a year, Crypto.com has worked with over 150 artists to provide its users with access to highly curated NFTs. This includes some of the most well-known NFT collections, such as Snoop Dogg's 'A Journey With the Dogg' and Aston Martin's 'A New Era Begins.'
Crypto.com, like other marketplaces, allows you to buy and sell NFTs. This platform offers NFTs for both primary (NFT drops) and secondary sales (reselling by other users). You will be able to explore the market and analyze the various characteristics of all supported NFTs to determine which ones to invest in.
The Crypto.com NFT Marketplace is one of the few platforms that accept fiat currency for the purchase of NFTs.
Similarly, you can list an NFT you own for a fixed price as a seller on this marketplace. You can also sell your NFTs through an auction listing.
You can also mint your own artworks into NFTs using Crypto.com. Creators can apply and, if approved, begin minting immediately. You will also be able to list your NFTs in the Crypto.com platform's primary marketplace.
Furthermore, Crypto.com allows creators to receive a royalty of up to 10% on their NFTs. That is, you will be paid a royalty commission each time an NFT you created is resold. However, you will only receive this fee for transactions that take place on the Crypto.com NFT Marketplace and not on any other platforms.
The Crypto.com Defi Wallet was created to help with cryptocurrency transactions. The wallet is non-custodial, giving you complete control over your digital tokens and private keys. This wallet is also capable of sending, receiving, and storing NFTs.
You have complete control over your funds because it is a decentralized wallet. Not only that, but you will be solely responsible for the security of your NFTs. When you first set up the wallet, you will be given a recovery phase in which you can restore your funds if you forget your password.
This wallet currently supports NFTs on the Crypto.org Chain, Ethereum, and those built on Cronos Beta.
