Trading volume on the Coinbase NFT platform for the first day amounted to just $123 000 – Bits Media

American cryptocurrency exchange Coinbase has launched a platform for trading NFTs. but, so far there is nothing to boast about - in the first day only 121 transaction for the amount $123 000.

Statistics are not provided on the platform itself, but get an idea of ​​the volumes trading is possible using protocol 0x, which is what Dune Analytics analysts did. Interesting, that there were more than one person on the waiting list to gain access to the Coinbase platform 8 million users. but, it seems, only a small number of them were really interested in it - only 1 231 active user. I.e, 0.014% from the waiting list.

User activity was also low - 5 May using the 0x protocol was carried out 121 NFT transaction amounting to $123 000. Moreover, a significant share was contributed by the sale of a token from the Doodles collection. For comparison, on the largest platform OpenSea the figure for the same day reached $173 million, and the day before the trading volume exceeded $1 billion.

Users note, that at the moment the Coinbase exchange is not too different from other similar platforms. She, like everyone else, requires connecting the user's own wallet, and you have to pay a commission for transactions. maybe, popularity will be higher, When will Coinbase integrate with Mastercard fiat cards?.

Recall, what 20 April, the exchange provided users with test access to the Coinbase NFT platform.