NFT fever continues: non-interchangeable tokens can be traded on eBay

12-05-2021

NFTs for digital collectibles such as cards, video clips, and images can be purchased on the online trading platform eBay starting May 11. Non-interchangeable tokens are now at the peak of popularity. Some of the electronic works of art have been sold at Christie’s and Sotheby’s for tens of millions of dollars.

eBay officials say that sellers who meet the platform’s “standards” will soon have access to NFT trading. Prices for non-reciprocal tokens will be set in U.S. dollars. The company states that collectibles have always been sold on eBay and will never stop selling.

“In the coming months, eBay will provide new opportunities to add blockchain-based collectibles to the platform,” eBay platform officials said.

Earlier last week, eBay executives announced their intentions to introduce the ability to buy items for cryptocurrency, following the example of Tesla and PayPal. The commerce platform is actively developing and ready to embrace digital assets as a means of payment.

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