Fun

NFT Marketplace Opensea to Add Credit Card, Apple Pay Support via Moonpay

News Feed - 2022-04-02 05:04:11

NFT Marketplace Opensea to Add Credit Card, Apple Pay Support via Moonpay


According to the firm Moonpay, the non-fungible token (NFT) marketplace Opensea plans to accept credit card payments using the company’s payment infrastructure. The move follows Opensea gathering $23.5 billion in all-time sales volume, and the company’s recent Solana support announcement. Moonpay Reveals Opensea Users Will Soon be Able to Pay for NFTs With a Credit Card


Opensea visitors can soon pay with credit cards if they don’t own any crypto assets, according to a tweet from the company Moonpay. “Sail the Opensea with your card,” Moonpay detailed on Friday. “Soon, you will be able to buy NFTs with Visa, Mastercard, Apple Pay, Google Pay, and more,” the firm added.


Currently, Opensea users are required to leverage crypto assets like ethereum (ETH) to purchase NFTs on the marketplace platform. The Moonpay integration will change that going forward, and Opensea visitors will have the ability to choose from an assortment of payment options.


In recent times, Moonpay has been helping celebrities buy expensive NFT assets like Bored Ape Yacht Club collectibles. The company helped the American rapper Wiz Khalifa acquire Bored Ape #1506 and the firm helped the ‘Queen of Pop’ Madonna purchase Bored Ape #4988 for $564K in ether.


At the end of November, Moonpay raised $555 million during the firm’s first finance round led by Tiger Global and Coatue. After the capital injection from investors, Moonpay’s overall valuation hit $3.4 billion. The company said at the time that the capital would be leveraged for expansion endeavors.


Just recently, the leading NFT marketplace Opensea announced that it would be supporting the blockchain network Solana (SOL). The news follows a myriad of rumors, speculation, and leaked images that had shown Opensea would soon add SOL and Phantom wallet support.


Opensea is the top NFT project and marketplace in terms of all-time sales accruing $23.5 billion in volume since the market’s inception. Opensea’s sales volume is followed by the NFT marketplace Lookrare ($18.16 billion), but Looksrare’s recorded sales volume has been contested for alleged wash trading. NFT wash trading has been an issue according to a recent research report published by Chainalysis.


Opensea has seen 1,417,562 traders since the market’s inception, and the platform supports three blockchain networks which include Polygon, Klaytn, and Ethereum. The recently announced SOL addition will be Opensea’s fourth blockchain in terms of blockchain protocol support.


On Friday, Moonpay did not disclose when the credit card support would be added. Moonpay’s announcement follows the partnership between Coinbase and Mastercard as the two companies want to make NFTs accessible to everyone. According to the announcement, shoppers leveraging the upcoming Coinbase NFT Marketplace will be able to use Mastercard-supporting credit and debit cards. Tags in this story Apple Pay, coinbase nft marketplace, credit cards, credit cards Opensea, Ethereum, google pay, klaytn, MasterCard, Moonpay, Moonpay infrastructure, Moonpay system, nft, NFT marketplace, NFTs, Non-fungible Token, Opensea, Opensea credit cards, Opensea NFTs, Polygon, Solana


What do you think about Opensea accepting credit cards, Apple Pay, and Google Pay via Moonpay’s payment infrastructure? Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. 19 Million Bitcoin Have Been Mined Into Circulation, 2 Million Left to Be Found NEWS | 15 seconds ago Polygon Announces Zero-Knowledge Identity Platform for Web3 NEWS | 5 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articlePolygon Announces Zero-Knowledge Identity Platform for Web3 Next articleARTIC Brings the Decentralized Approach to Art Galleries and Exhibitions via Its Meta-Exhibitions Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItAnonymous Claims It Has Released 28GB of Bank of Russia Documents


Hacking group Anonymous has reportedly published a large amount of data allegedly belonging to the Bank of Russia. The release comes after the collective announced it had hacked Russia’s central bank earlier this week, a claim that was denied by ... read more.Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider Elon Musk Giving "Serious Thought" to Creating Social Media Platform With Free Speech as Top Priority NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises  Spanish Retailer El Corte Ingles Launches Crypto Exchange in Partnership With Deloitte

News Feed

Indian Government Confirms Crypto Bill Is Being Finalized — Existing Laws Inadequate
Indian Government Confirms Crypto Bill Is Being Finalized — Existing Laws Inadequate The Indian government has spoken about the cryptocurrency bill again. This
Derek Andersen4 hours agoZimbabwe central bank close to introducing gold-backed digital tokens into retailPhysical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which
BlackRock receives memecoins, NFTs after depositing $100M USDC onchain
Brayden Lindrea8 hours agoBlackRock receives memecoins, NFTs after depositing $100M USDC onchainThe transfers ranged from Bitcoin-based Ordinals Pepe (PEPE) coin to a CryptoDickbutts S3 NFT.4258 Total views7 Total shares
Martin Young6 hours agoAccount abstraction will drive a billion users from Asia to Web3: ConsenSys execIn addition to “smart accounts,” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and se
Pundit Explains Why XRP Stands To Gain Big From Ripple’s RLUSD
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Tron Shows Adoption Strength As Volume Still Led By Big Transfers – Details
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin Price Crash Not The End Of The Road As Analyst Shares Roadmap To $200,000
Este artículo también está disponible en español. Despite the recent Bitcoin price crash, crypto analyst TradingShothas suggested that this is not the end of the road for
Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether
Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether On Monday, the Ethereum Foundation (EF) published a financial report that show
Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues
Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues On April 8, 2023, the number of Ordinal inscriptions surpassed the million
Ethereum options data highlights bears’ plan to keep ETH price under $3.6K
Marcel Pechman4 hours agoEthereum options data highlights bears’ plan to keep ETH price under $3.6K$4 billion worth of Ethereum options are set to expire on June 28, with the balance of forces centered around $3,500.20
Trump’s Crypto Czar David Sacks Is Super Bullish For Solana: Here’s Why
Este artículo también está disponible en español. Solana (SOL) could be one of the biggest winners from the nomination of David O. Sacks as White House Director of Artifi
Derek Andersen2 hours agoAPEC finance ministers to share perspectives on crypto at meeting in San FranciscoU.S. Treasury Secretary Janet Yellen said she is looking forward to hearing from the finance ministers of some of