CoverCompared announced last Thursday, October 14, through its Twitter account, its new strategic partnership with NFTrade, which will allow NFTrade users to buy NFT covers from CoverCompared using crypto and $CVR.
“We are delighted to announce NFTrade as our next partner. Cover Compared is really breaking the limits in the insurance industry and, as we incorporate another partner, we are constantly expanding our service offering to cover all possible insurance needs in the market”, he said through an article published in the Medium platform.
Who is NFTrade?
According to the company, NFTrade is the first blockchain agnostic cross-chain NFT platform. The NFTrade platform is an aggregator of all NFT markets and hosts the full NFT lifecycle, allowing anyone to create, buy, sell, trade, grow, and leverage NFT on different blockchains seamlessly.
• With the lowest transaction fees in the industry and an intuitive user interface, NFTrade enables anyone to buy and sell NFTs from multiple blockchain networks on a single, easy-to-use platform.
• NFTrade allows users to stake inactive tokens of their favorite projects on NFT farms to win exclusive, artistic and profit based NFTs.
In his view, as part of this integration, NFTrade users will gain access to the CoverCompared platform where NFT hedges will be offered to protect their assets against vulnerabilities. At the same time, this partnership will also reduce the minting cost of NFT creation for CoverCompared users.
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“At CoverCompared, we not only built a bridge between the real and the virtual world, but we also created a secure gateway for secure protocols in the cryptocurrency arena. Our protocols are constantly updated to ensure that we are up to date with market trends and that our users are well prepared to adapt to any obstacle they may face”, he highlighted.
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