Benefiting both content creators, players and contributors, the Decentralized Marketplace has adopted a significant upgrade with Squid, the cross-chain liquidity layer powered by Axelar, to make purchases on the platform more accessible than ever.
All Decentraland users can now purchase any nft listed on the market using Polygon and ethereum, as long as they have some to spare.
Shopping on Marketplace is now even more accessible.
Announcing our new partnership with @squidrouter and @axelarnetwork allowing multi-chain purchasing. https://t.co/F6mlmo5Cj8
— Decentraland (@decentraland) December 6, 2023
Exchange NFTs seamlessly with Squid
Squid's role in simplifying the purchasing experience on the Decentraland Marketplace involves enabling cross-chain token trading when purchasing an nft. When users purchase an nft using a crypto asset other than Decentraland's native currency, $MANA, it seamlessly sends the order to its supported chains (Polygon and ethereum).
Here's a step-by-step guide to help you navigate this networking dive:
- Once you log in to the official Decentraland Metaverse, connect your wallet (MetaMask, Fortmatic, WalletConnect, or Coinbase Wallet) using a desktop or mobile device.
- Then, click the “Collectibles” tab to browse virtual items for sale, using search options and filters for ease of use.
- Once you find an nft, press the “Buy with crypto” button (recently changed from “Buy with $MANA”) and select your preferred currency.
- Finally, review your order, change blockchain networks if necessary, and confirm your purchase once satisfied. Then check out your new nft in your wardrobe, ready to wear in just a few seconds!
As Decentraland continues to grow, this enhancement enriches convenience and accessibility for the vibrant Metaverse community.
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*All financial/investment opinions expressed by nft Plazas come from the personal research and experience of our site moderators and are intended to be educational material only. People should thoroughly research any product before making any type of investment.
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