OpenSea Partners with Moonpay to accept Credit Cards on platform. | Coinparative
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Home NFT News

OpenSea Partners with Moonpay to accept Credit Cards on platform.

April 2, 2022
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OpenSea Partners with Moonpay to accept Credit Cards on platform.
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When rumor becomes reality

Opensea and Moonpay have partnered to make purchasing NFTs easier than ever.  Opensea has announced that they are enabling customers to use creditcards through famous platform Moonpay.  The OpenSea platform has been experimenting a lot recently with adding Solana NFTs and allowing users to use credit cards to make purchased.  You will still need an ETH based wallet (like coinbase wallet or metamask) to store the NFTs, but this brings us one step closer to ubiquitous access for all.

OpenSea is doing everything it can to get as far ahead of coinbase as possible

With the launch of coinbase custodial platform imminent, OpenSea is trying to make NFTs as accessible as possible.  Once pandoras box is opened on the coinbase platform the ability for collectors to easily use their crypto currency to buy NFTs and stay on chain (likely with 0 gas fees for nfts on the platform) will be a big shock to the volume and lead OpenSea currently enjoys.

About Moonpay

MoonPay lets people exchange cryptocurrencies and fiat currencies, as well as NFTs, using major payment methods. Their strategy has included onboarding many celebrities into the world of NFTs via their service. The list of celebrities includes Snoop Dogg, Jimmy Fallon, Justin Bieber, DJ Khaled and more.

Their list of clients has allowed them to grow a huge audience on Twitter within the crypto space. They have over 56,000 followers on the primary platform for NFTs. These followers include major names within NFTs: Cool Cats, Zeneca, Pranksy, Paris Hilton, Steve Aoki and more. The company is now one of the biggest in NFTs and crypto in terms of the brand name.

Source: NFT Culture

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