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WazirX shuts NFT marketplace; here's why

  • WazirX, a cryptocurrency exchange, has closed its NFT marketplace, WazirX NFT, which was launched in June 2021. The company announced the closure, citing a lack of traction.
  • The closure of the WazirX NFT marketplace means that users looking to trade NFTs will have to use other platforms. WazirX is directing users to use the NFT platform OpenSea instead.
  • The closure of the WazirX NFT marketplace highlights the uncertainty surrounding NFT marketplaces.

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