Magic Eden co-founder: Apple charges a 30% commission on NFT transactions and has never attempted to provide buying and selling features on iOS
According to ChainCatcher news and a report by The Information, Apple charges up to 30% commission on all NFT transactions within iOS apps, but since Apple currently does not handle any cryptocurrency transactions, NFT purchases on the App Store must be made in USD. Sidney Zhang, co-founder and CTO of Magic Eden, stated that they have never attempted to offer buying and selling features on their app due to Apple's commission issues. (The Information)
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