FTX.US adds Ethereum-based NFT support

The U.S.-focused exchange FTX.US has opened for users the ability to trade NFT on the Ethereum blockchain. Initially the platform supported only Solana assets.

According to The Block, the exchange’s marketplace became the first market to offer users NFTs on two popular blockchains.

Ethereum remains the leading network in the space. This is because the largest NFT platforms, such as OpenSea and SuperRare, principally issue ERC-721 standard collectible tokens, the publication noted.

The monthly NFT trading volume has fallen consistently from its August peak. The dominant player in the sector is the marketplace OpenSea — in November it accounted for about 96% of the total figure of $1.98 billion.

The NFT minting feature on the American platform FTX became available in September. The ability to deposit and withdraw opened in October.

FTX launched its U.S. division in May.

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