Top 7+ Best NFT Marketplaces
The popularity of NFTs is growing rapidly. With the market reaching $100 million this year, 2020 is set to be the year that NFTs go mainstream. If you’re thinking of investing in NFTs, there’s no doubt that you’ll have a lot of questions. In this blog post, I’ll give you all the information you need about the top 6 NFT marketplaces.
1. OpenSea
OpenSea, founded in 2017, is one of the major NFT markets. Art, music, photography, trade cards, and virtual worlds are popular NFTs.
Ethereum, Solana, and USDC are OpenSea’s main cryptocurrencies. Fiat money like USD and EUR are not allowed.
OpenSea is beginner-friendly. You may establish an account and browse NFTs in minutes.
OpenSea charges 2.5% for every transaction. Ethereum NFTs need gas fees. Miners pay gas transaction costs. Polygon allows gas-free NFT trading. However, the NFT item must have the Polygon logo.
OpenSea is a good alternative for newcomers who seek a simple marketplace and plenty of NFT possibilities.
2. Rarible
Rarible sells art, collectibles, video game assets, and NFTs. Ethereum, Flow, and Tezos can purchase and sell on Rarible.
Rarible charges 2.5% per transaction and petrol costs. Credit cards enable fiat currency purchases of NFTs.
Rarible built its own native token, RARI. Instead of relying on management, RARI holders vote on corporate policies.
Rarible partnered with Adobe in 2021 to validate and safeguard digital material metadata, including NFTs.
Rarible may be the ideal NFT marketplace for people seeking a broad, reliable network. It’s still decentralized.
3. Binance
In 2021, Binance, a major cryptocurrency exchange, launched an NFT marketplace. Artwork, games, and collectibles are available on Binance NFT.
Binance NFT’s minimal fees are a benefit. The platform charges 1% for trading. It uses identical technologies and designs as their exchange and is easy to use.
Binance works on its own blockchain, providing it with a competitive edge.
4. Nifty Gateway
Nifty Gateway hosts unique and pricey NFT sales, such as digital artist Pak’s “The Merge” for $91.8 million. In late 2019, Cameron and Tyler Winklevoss’ Gemini bought the site, making news.
This marketplace sells celebrity and top artist paintings. “Open editions” improve demand for Nifty Gateway. New NFTs have limited editions.
This marketplace accepts credit cards. If you desire high-end NFTs and a big investment, Nifty Gateway may be right for you.
5. SuperRare
SuperRare is a high-end NFT art marketplace and gallery. This marketplace rejects “meme-style” NFTs.
SuperRare spends so much time assessing work before selling it, so investors may trust it. SuperRate charges 15% for the main market sale of an NFT. Buyers pay 3% for every transaction.
SuperRare is a wonderful option for high-end NFT art, particularly classical works.
6. OKX
OKX, formerly OKEx, is one of the biggest crypto exchanges on the market. OKX NFT marketplace is one of the parts of OKX. It is a decentralized NFT marketplace running across Ethereum, Solana, OKC, Polygon, BSC, Avalanche C, and Immutable X.
It is a marketplace where good NFT projects are often released. On the secondary market, you can find out how rare an NFT is and buy it in groups. With real-time data, you can make quick and smart decisions.
7. Crypto.com
Crypto.com NFT Platform is a market for NFTs that is based in Hong Kong. The same company that runs this NFT marketplace also runs a crypto exchange platform and a Crypto.com debit card. It really is a “one-stop shop” for solutions related to cryptocurrencies.
The NFT Marketplace has been up and running since 2021. It is based on the Crypto.org Chain, which is Crypto.com’s own blockchain.
Conclusion
Hopefully, this helps you narrow down your options and choose the right NFT marketplace for you. If you have any additional questions or would like more information, please let me know in the comments below. I’d love to hear from you!