West Realm Shires Services Inc. (“FTX US” or “the Company”), a leading US-regulated cryptocurrency exchange, today announced the launch of FTX NFTs (“the Marketplace”). The Marketplace will allow FTX US users to mint NFTs, transfer existing NFTs to the Marketplace and provide project creators with full control over the NFT’s life cycle. The initial support will be for NFTs using blockchain technology. Plans are to add support for NFTs over time.

Marketplace offers FTX users in the US a regulated marketplace to create, trade, verify, and mint NFTs. The Marketplace has some of the lowest fees than existing NFT markets. All FTX customers will have access to the FTX NFT platform. FTX US accounts are available to both US residents and non-US citizens from all jurisdictions.

Brett Harrison, President of FTX US, commented on the news, “We decided to create an NFT marketplace on FTX US after becoming immersed ourselves in the NFT ecosystem. In learning about so many of these projects, we’ve come to a comprehensive understanding of the needs of creators and collectors in the space. With the launch of this platform, we hope to provide both US and global users with a regulated marketplace that is intuitive and responsive to their needs.”

FTX US will be able to support NFT auctions that use a bidding process, as well as listing NFTs having a fixed purchase cost. In order to verify the authenticity of NFTs uploaded from Solana, the company will be working directly with Solana creators. The FTX US platform will support all Solana NFTs which conform to the Metaplex standard. It is expected that Ethereum NFTs are supported in the near future by the company.

The Marketplace allows users to fund their accounts with cryptocurrency, ACH bank transfer, wire transfer, or credit card. You can list newly minted NFTs in USD, SOL and ETH on the Marketplace.

“The NFT ecosystem has started to infiltrate pop culture, but has been lacking a platform that provides easy access and exposure to the mainstream audience,” continued Harrison. “With the FTX NFT Platform, we have the ability to provide simpler, safer and easier tools to remove the barriers to entry for that audience to enter the NFT space.”

About FTX US

FTX US was founded from the ground up as a US-regulated cryptocurrency trade platform. Our goal is to make FTX US the leading US cryptocurrency exchange in terms of volume and growth over the next 2 years.

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