NFT

OpenSea Releases New Wallet Function Update Helps Users Simplify Operation

Key Points:

  • OpenSea announced on social media a number of enhancements, including the wallet feature, aimed at enhancing the platform’s user experience.
  • The wallet has been updated to simplify ETH packaging/unsealing even more, to provide real-time balance refresh, and to update the collection order mode.
  • The service will be simpler when the new function is updated, and network navigation will be easier after the in-app blockchain transition.
With fierce competition from other competitors, OpenSea is upgrading its platform to be able to compete.
OpenSea Releases New Wallet Function Update Helps Users Simplify Operation 3

OpenSea announced a series of updates, such as the wallet function, aimed at improving the user experience of the platform, including wallet upgrades to further simplify ETH packaging/unsealing, support real-time balance refresh, collection order mode update, added NFT quotation depth option and quotation option added NFT feature filter.

After the new function is upgraded, the service will be simpler, and the network navigation after the in-app blockchain switch will be easier. At the same time, users can accurately understand their transaction amount and view the latest floor price and maximum bid in real-time.

OpenSea Releases New Wallet Function Update Helps Users Simplify Operation 4

While it attempts to remain competitive in the face of new market entrants, OpenSea created a new platform dubbed Opensea Pro that caters to the demands of sophisticated collectors. According to a release on Tuesday, the platform seeks to give “a new degree of optionality, choices, and control for pro collectors.” That comes on the heels of the platform’s purchase of NFT marketplace aggregator Gem in April of last year.

The live cross-marketplace data capability, which enables collectors to follow user and collection activities across many NFT trading venues, is a crucial component of the new platform.

The new platform will have no fees and would pull listings from 170 markets to present merchants with the greatest bargains. It will provide sophisticated floor-sweeping for traders, as well as fast sales, inventory management, the ability to optimize gas fees for efficient deals, a watchlist tool, and other features. It will be accessible on mobile devices as well.

Although just launched, OpenSea Pro has already shown its superiority when it comes to its rival, Blur.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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