Top 5 NFT marketplaces you should know (2022)
NFT Marketplaces enable the trading and storage of non-fungible tokens on a decentralized platform. It serves as a platform for bidding on digital crypto art and other non-fungible tokens.
Originally, NFT Marketplace was developed over a different chain, such as Ethereum, Tron, Binance Smart chain, etc. This system was also known as a multimillion-dollar revenue system. The buying and selling of cryptos are carried out via cryptocurrency wallets. Owners of assets have strong ownership rights and immutability on the NFT marketplace.
We have compiled a list of the Top NFT marketplaces, including their descriptions, key statistics, and website links. It includes both Free (Open Source) and Commercial (Paid) markets.
| Marketplace | Founded | Blockchain | Fees | Token Support | Wallet Support | Types of Sales |
| Binance | 2021 | Ethereum | 1% fee for transacting on the Binance NFT Marketplace | Binance token | Trust Wallet, MathWallet, MetaMask, and Binance Chain Wallet | Art, Sports, Gaming, Collectibles, Entertainment, etc |
| Crypto.com | 2016 | Crypto.org Chain | 15% Primary Listing Fee | All | Supports major payment methods | Art, Celebrities, Gaming, Music, Sports, etc. |
| FTX.com | 2019 | Ethereum and Solana | 5% fee to the buyer and the seller. | All | Supports major payment methods | Contemporary Art, Celebrities, Gaming, Music, Sports, etc. |
| OpenSea | 2017 | Ethereum and Polygon | Lazy minting (no upfront fee) + 2.5% marketplace fee for each sale | ERC-1155, ERC-721 | MetaMask, and WalletConnect | Auctions, Dutch auctions, Fixed price auctions, Open offers, etc |
| Nifty Gateway | 2018 | Ethereum | 20% marketplace fee | Proprietary | Fiat only | Auctions, Silent auctions, Fixed price auctions, etc |
1) Binance
The Binance NFT marketplace allows users to create, buy, and sell Non-fungible tokens (NFTs). The marketplace launched in June 2021.
Music, digital items, videos, website domains, and real-world objects comprise these NFT assets. It also allows users to transfer NFTs from one blockchain to another
Facts:
Founded: 2021
Blockchain: Ethereum
Token Support: Binance token
Wallet Support: Trust Wallet, MathWallet, MetaMask, and Binance Chain Wallet.
Fees: 1% fee for transacting on the Binance NFT Marketplace
Smart Contract Import: Yes
Types of Sales: Art, Sports, Gaming, Collectibles, Entertainment, etc.
Split Payment Support: No
click here: Binance
2) Crypto.com
Crypto.com is a leading NFT marketplace that enables users to buy, sell, and trade their digital assets in a safe, secure, and reliable manner. Crypto.com’s marketplace has been utilized by over 152,000 traders. It supports PEG, JPG, PNG, GIF, WEBP, and MP4 formats. It provides royalty-paying opportunities to creators.
Facts:
Founded: 2016
Blockchain: Crypto.org Chain
Token Support: All
Wallet Support: Supports major payment methods
Fees: 15% Primary Listing Fee
Smart Contract Import: Yes
Types of Sales: Art, Celebrities, Gaming, Music, Sports, etc.
Click here: Crypto.com
3) Nifty Gateway
The Nifty Gateway, a NFT marketplace that releases collections from top artists, uses drops to release collections. The collections are only accessible for a short period of time.
The NFT website shows the timer for when the next drop will occur. Artists can decide how much royalty they will receive on secondary sales. The NFT platform charges a 20% fee plus 30 cents per secondary sale.
Facts:
Key Statistics:
Founded: 2018
Blockchain: Ethereum
Token Support: Proprietary
Wallet Support: Fiat only
Fees: 20% marketplace fee
Smart Contract Import: No
Types of Sales: Crypto art, Music, Photography, Fixed price auctions, etc.
Click here: Nifty Gateway
4) FTX.com
FTX.com provides you with the opportunity to sell or purchase a NFT quickly and easily. Additionally, NFT can be redeemed for a good or service using this system. Through this system, Ethereum and Solana can trade on each other’s chains.
Facts:
Founded: 2019
Blockchain: Ethereum and Solana
Token Support: All
Wallet Support: Supports major payment methods
Fees: 5% fee to the buyer and the seller.
Smart Contract Import: No
Types of Sales: Contemporary Art, Celebrities, Gaming, Music, Sports, etc.
Click here: FTX.com
5) OpenSea
NFT art and collectibles are among the most popular items on OpenSea. NFT has rare forms of art, such as virtual lands or pets. OpenSea also allows users to purchase NFTs using several virtual currencies, such as Ethereum and Dash.
Facts:
Key Statistics:
Founded: 2017
Blockchain: Polygon and Ethereum.
Token Support: ERC-721, ERC-1155
Wallet Support: WalletConnect and MetaMask.
Fees: Lazy minting + 2.5% marketplace fee for each sale.
Smart Contract Import: Yes
Types of Sales: Art, Music, Photography, Dutch auctions, Fixed price auctions, and open offers.
Split Payment Support: No
Click here: OpenSea