How to Sell NFTs
Whether you are a digital creator or a collector, you must follow the same steps to sell your NFT.
1. Choose an NFT Marketplace
The first step is to decide which NFT marketplace you’ll use to sell your NFT. There are dozens of options if you’re selling on the Ethereum blockchain. If you’re selling on another blockchain, your choices will be more limited.
We have a comprehensive list of all the top NFT platforms on various marketplaces. Have a look below at what each one offers before deciding which one is most appropriate for you.
> Top CryptoArt Marketplaces
> The Best Alternative NFT Marketplaces to OpenSea/Ethereum
> Top Solana NFT Marketplaces
> Top Binance NFT Marketplaces
> Top Tezos NFT Marketplaces
2. Set Up a Crypto Account & Wallet
Once you have chosen the best NFT marketplace to sell your NFT on, you’ll need to create a crypto account and a crypto wallet (such as MetaMask) if you don’t already have one. You will need a wallet to log in on these marketplaces. Please read the instructions here on how to set up a MetaMask wallet.
A crypto account is created on cryptocurrency exchanges such as Coinbase or Kraken, where you can buy crypto and then send it to your wallet to pay for gas fees or buy NFTs. You can follow the steps here on how to transfer money from Coinbase to MetaMask.
3. Mint Your NFT
When you’ve got your wallet ready, it’s time to “mint” your NFT on the marketplace. Minting refers to the process of uploading and validating your digital creation (or document, ticket, etc). The minting process is quite simple; you just have to click on a few prompts that say something like “Mint Your NFT” and confirm the transaction. There is usually a fee for the transaction known as “gas fee.” The NFT platform itself doesn’t charge gas fees; they are fees for the blockchain transaction.
Gas fees are often very high on the Ethereum network, so many artists have begun experimenting with alternative blockchains to avoid the high gas fees.
4. List Your NFT for Sale
Once you have minted your NFT, you are ready to list it and sell it! Again, the steps are usually straightforward, but differ slightly on each marketplace. Make sure to read the guide on the platform if you are confused.
If you already own an NFT, you will know most of these steps. All you have to do is list it for sale at your desired price.
Quick recap:
- Decide on NFT marketplace
- Create a crypto wallet if you don’t have one
- Mint your NFT
- List it for sale