Buying NFTs With Credit Card — Now a Reality

CommPRO Editorial Staff

Switchere, a licensed online crypto exchange, announced the integration of Concordium’s native payment token, the CCD. 

Switchere is supporting SpaceSeven which allows users to create, buy, and sell NFTs. SpacesSeven’s NFT platform is built on Concordium, a leading public decentralized blockchain. Thanks to this collaboration, you can now directly purchase NFTs at SpaceSeven with your credit or debit card. 

SpaceSeven’s NFT platform was launched on November 23, 2021, at 4:20 PM CET. Built on the Concordium blockchain, SpaceSeven’s platform offers top-notch tech thanks to the features that Concordium offers, i.e. affordable gas payments, scalability, and identification of the parties trading, which are necessary for the functioning of the SpaceSeven marketplace.

“Here’s how it works: a client registers his or her account and wallet on SpaceSeven and uses the Switchere widget to buy CCD through any of the available payment methods. Then, the user may exchange the CCD for the desired NFT on SpaceSeven.” — said Nikolai Khachatrian, Head of Product at Switchere.

“This is the first and very unique opportunity on the market to buy NFTs with your credit card. With growing interest in NFT, we would like to expand its adoption in the market.” — said Philip Mostert, CMO at SpaceSeven. 

Switchere widget makes NFTs more accessible by allowing crypto projects like SpaceSeven to accept credit card payments. This widget can be integrated into any platform that faces limitations in NFT purchases with fiat currencies.