Alibaba has created a platform for NFT trading on its blockchain

Chinese e-commerce giant Alibaba has announced the launch of an NFT marketplace on its ownplatform. It is called Blockchain Digital Copyright and Asset Trading and will allow creators to sell rights to their content using blockchain technology.

Alibaba's NFT platform goes live in September and has already added the first products, such as the Star Wars image and the Chengdu West Pearl Tower.

After bidding, users will be able to view their purchases on WeChat accounts using the public Bit Universe account.

The creation of this NFT platform confirms that,Despite the recent crusade by the Chinese government against miners and cryptocurrencies, the country is still open to different use cases for blockchain technology. By 2025, the Asian country hopes to become a global technology leader.

The NFT world continues to experience gigantic growth after a surge in popularity earlier this year. Reports show that as of July, NFT sales exceeded the $ 2.5 billion mark.

Where is it more profitable to buy cryptocurrency and NFT? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	FTX	https://ftx.com	7.5
3	Bybit	https://bybit.com	7.2
4	OKEx	https://okex.com	7.1
5	Exmo	https://exmo.me	6.9

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Platform capabilities- availability of additional features: futures, options, staking, NFT, etc.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• final grade– the average number of points for all indicators determines the place in the ranking.

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