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Coinbase Wallet vs Apple - What Does It Mean For Your NFTs??
Manage episode 348806490 series 3381606
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In the latest cryptocurrency drama, many Apple users woke up to find that they could no longer sell or transfer their NFTs out of their Coinbase wallets. This nasty surprise is all thanks to Apple's policy which requires a 30% cut of all in-app purchase fees. Despite demanding a 30% fee, Apple's in-built payment system simply doesn't work with crypto, and Coinbase was unable to comply with Apple's demands and had to remove the NFT feature to remain listed on the app store. So, what does this mean for the countless users who now have their NFTs stuck in the Coinbase wallet, what does this mean for decentralization, and what's the solution? We're talking all about it in today's video. #coinbase #crypto #nft
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