Bybit opened its own NFT trading platform – Bits Media

Cryptocurrency exchange Bybit announced the launch of a platform for “first-class NFT projects”, where it plans to attract famous brands and world celebrities.

The NFT Marketplace platform, as stated by Bybit, will have to be different from existing ones sites, trading non-fungible tokens. Customers do not need to connect external wallets - they can use existing Bybit accounts to purchase NFTs. Besides, the site promises to support NFTs based on different blockchains.

Blockchain game Monster Galaxy was the first to place its NFTs on the marketplace, art project ONBD and the Realy Metaverse metaverse. In the future, the exchange plans to enter into exclusive contracts with emerging NFT artists, same with crypto art veterans.

Bybit co-founder and CEO Ben Zhou hopes for the success of the site, because, despite all the skepticism towards the NFT industry, it gives ownership to content creators and a sense of control over the distribution of their work:

“We are excited to open our own NFT platform and allow our users to participate in creating a new market and a new world, called the metaverse".

Recall, last September, South Korea shut down thirty-five cryptocurrency exchanges, including Bybit.