Photo by Amelia Holowaty Krales / The Verge
Coinbase is partnering with Mastercard to allow card payments on its upcoming NFT marketplace. This means you’ll be able to directly purchase an NFT with fiat currency (also known as a government-issued currency, such as the USD) using your Mastercard credit or debit card, all without having to buy cryptocurrency first.
The cryptocurrency exchange says it’s working with Mastercard to “classify NFTs as ‘digital goods,’” which should, in turn, make NFTs more accessible to someone who might be uncomfortable purchasing and storing cryptocurrency. Most NFT marketplaces require that you purchase cryptocurrency first, add it to a secure wallet, and then connect that wallet to the marketplace, a process that obviously isn’t as simple as your…
