There are often fees for buying or selling an NFT on a marketplace. OpenSea, the largest NFT marketplace, charges 2.5% per transaction . Others, like SuperRare, charge more. OpenSea also allows creators to charge up to 10% as a royalty fee.
Read moreCan we sell NFT on Binance?
For your sale, you can choose from an Auction or Fixed Price format and take payment in several different cryptocurrencies . As a Creator, you’ll also receive a 1% royalty payment for any subsequent trading of your NFT on the platform.
Read moreWhat can I do with NFT on Binance?
Binance NFT is the world’s largest centralized NFT marketplace where anyone can browse and trade a diverse selection of in-game items, virtual land, art pieces and more — at a flat trading fee of just 1%. Buy and sell in-game items, digital collectibles, virtual land, art pieces and more.
Read moreHow do I sell my NFT?
To put an existing NFT on the market, go to your Profile and click on the desired NFT. Then select the blue Sell button at the top right of the screen . Pick Fixed Price if you would like to sell it for a specific amount, or pick Timed Auction if you want people to bid on your NFT.
Read moreHow much does it cost to sell NFT on Binance?
Binance NFT charges a flat 1% trading fee for all NFT sellers and creators. Compared to other marketplaces that collect up to 7.5% in fees, we provide the lowest fees in the market. In addition, sellers only need to pay a 1% royalty fee to the creator.9 Ara 2021
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