How do I list on OpenSea?

On OpenSea, navigate to the top right of the page, click your profile icon, and select Profile. Select the NFT you would like to sell from your wallet. If you don't have an NFT available to sell, check out our create an NFT tutorial to get started. Select Sell on the top right to be taken to the listing page.

How much does it cost to list on OpenSea?

To list an NFT for sale on OpenSea, you first need to “approve” the token for trading on its platform. This is an on-chain transaction, so you'll need to pay gas fees (usually around $30 or so) to the network. Once you've “approved” the token, you pick your price and the NFT is listed for sale.

How do I list on OpenSea for free?

How much does it cost to mint on OpenSea?

The first fee for initializing your account to start selling costs between $70 and $300. The second transaction that grants OpenSea access to your NFTs is about $10 to $30. Naturally, to save your money and pay the fee at its lowest, you want to set up your account on days when gas prices are lower.

Does it cost gas to list on OpenSea?

Buyers pay the gas fees when purchasing fixed-price items. Sellers pay the gas when accepting offers. OpenSea pays the gas for auction listings that Sell to the highest bidder with a reserve price set.

How to sell NFT ART for beginners - Opensea.io walkthrough - NFT Art marketplace

Why are OpenSea gas fees so high?

First, gas fees are expensive because of the cost of ETH. Ethereum is one of the most expensive blockchains in existence. These fees are denominated in gwei, an alternative ETH quantity representation.

How do I lower my price on OpenSea?

You can lower the price of a fixed-price listing by clicking Lower price at the top right of your item page. You can only lower price listings on ERC-721 NFTs, not ERC-1155 NFTs. Enter your desired new price and click Set new price to confirm.

How do I sell on OpenSea io?

How do I get verified on OpenSea?

What happens if your NFT doesn't sell on OpenSea?

If the item doesn't sell, it can be deleted and re-minted, but that costs more gas fees.

How much does it cost to list NFT on OpenSea?

OpenSea's model is simple - we take 2.5% of every transaction involving an NFT a user chooses to list using OpenSea. That's it. Users and partners can create NFTs for free at any time.

What is the most expensive NFT ever sold?

Finally, the most expensive NFT to ever sell was Pak's 'The Merge'. The $91.8m price tag was a record for an artwork sold publicly by a living artist. The NFT was sold on Nifty Gateway to 28,893 collectors who purchased 312,686 units of mass (which were single NFTs).

How much does it cost to sell an NFT?

Before you can move any further, you must agree to pay an additional cost to create your NFT (from $60 to even $300). If someone buys your NFT, you'll have to pay a commission on the sale as well as a transaction fee for the money to be sent from the buyer's wallet to yours.

How do I set royalties on OpenSea?

Does it cost ETH to list on OpenSea?

While it doesn't cost anything to create an account with OpenSea and start browsing, there are a couple of fees you'll see when you list an item on Ethereum for the first time. OpenSea is a peer-to-peer marketplace, so we never escrow or hold your items.

How does OpenSea make money?

The OpenSea business model has scalable capabilities centered around allowing users to purchase, sell, and trade non-fungible tokens via its website. They make money through service fees generated whenever a digital asset is sold on their website.

Is it hard to get verified on OpenSea?

OpenSea verification is normally limited to high-profile people and organizations, as well as very successful NFT projects with at least 100 ETH in trading volume.

What does Blue Tick mean on OpenSea?

A blue checkmark on an account or collection means that it has been verified by OpenSea.

How do I change my OpenSea profile?

How do I start selling NFT art?

How do I sell my NFT fast on OpenSea?

Does it cost to cancel listing on OpenSea?

You see while listing an NFT for sale on OpenSea is free, proactively canceling an existing listing will cost you gas fees. And depending on the current price of gas, that might turn out to be an extremely costly decision. Before you make that decision, you should always check the current cost of gas.

Does it cost money to cancel a listing on OpenSea?

Here's how it happened. Listing an NFT for sale on OpenSea is free. Once a user approves a certain NFT collection for sale with a token approval, listings only require a signature. However, canceling a listing requires an on-chain transaction which costs gas fees.

What happens when a sale ends on OpenSea?

Auctions can't have a reserve price lower than 1 ETH because OpenSea covers the transaction fee when the auction ends successfully. The seller can always choose to accept a bid below the reserve price at any time during or after the auction, but the seller will have to pay gas to do so.