You Can Now Buy And Sell NFTs On eBay

After hinting at its interest in cryptocurrencies and NFTs recently, eBay has now announced that you can buy NFTs on its platform.

eBay has always been the best place to go to buy and sell collectibles, and this is extending to digital high-end collectibles as well – NFTs.

Earlier this month, we wrote that the company was examining the possibility of bringing NFTs (non-fungible tokens) to its platform.

Now, according to a recent announcement by Jordan Sweetnam, eBay’s Senior VP and General Manager in the Americas, the company is expanding into NFTs:

“eBay has always been the world’s destination for buying and selling the most unique and hard-to-find items – and we’ll continue to be the destination for collectors of all kinds, physical or digital” he explains.

“This opportunity unlocks new assets for collecting, new ways for people to fuel their passion, and expands eBay’s appeal to a new generation of collectors.”

The company believes that NFTs offer more access to more and different types of collectors and creators, just like how “digital publishing brought more exposure for writers, digital collectibles bring greater opportunity for artists and creators.”

After hinting at its interest in cryptocurrencies and NFTs recently, eBay has now announced that you can buy NFTs on its platform.

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As such, eBay’s policy now includes the sale of NFTs, however, only trusted sellers who meet the criteria will be able to sell the digital assets. The initial rollout of this functionality will help the company find out more about what its community wants, and in the future, will launch programs, policies, and tools that make buying and selling NFTs easier – across more categories.

In the next few months, eBay says it will “add new capabilities that bring blockchain-driven collectibles” to its platform

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