By reading the article “Best NFT Marketplaces For Artists” published in Adaas Investment Magazine, you will get acquainted with the top 7 NFT Marketplaces and which is the best option for you. This level of familiarity can be enough for you to find an NFT marketplace to mint, buy or sell your NFT collections in the best conditions.
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Table of Contents
Introducing the top 7 NFT marketplaces
With the wave of capital migration to the NFT tokens market, a big question has always been a challenge. Which market and exchange is the best choice to buy or sell NFT tokens? In this article, we have introduced and reviewed the top 7 NFT marketplaces that have gained popularity among users by offering competitive features, so we have published a suitable guide for you.
One of the most popular NFT tokens trading marketplaces is the OpenSea platform. With the largest volume of NFT tokens trades, this market has been able to provide users with a wide range of NFT trading and minting services. Opensea can be considered one of the best platforms for new users in this market.
The platform supports Ethereum, Polygon, Solana blockchains, and NFT tokens that belong to these blockchains. In this way, users can publish their collections at the lowest cost and transfer them to buyers with the highest speed.
The Opensea platform supports a variety of payment methods such as multiple banks and reputable cryptocurrency wallets, including the Metamask, Trust Wallet, Coinbase Wallet, and Phantom wallet.
If you are one of the users who want to trade very exclusive NFT tokens from a certain series of artists in the Ethereum blockchain, SuperRare Marketplace is one of the best choices for you. Unlike the platform’s big competitor, Opensea, where users can market any digital file as an NFT token for sale, the mechanism for verifying NFT tokens on the SuperRare platform is much different and more stringent.
The commission for each transaction is 15%, and this has been the subject of debates among experts, but users do not see this as a major weakness because of providing a marketplace for professionals. To start trading on the SuperRare platform, users need to connect the Coinbase wallet to the platform, and after opening an account, a deposit of €5 will be paid to them as their reward.
If you are looking for a marketplace for NFT tokens trades under Ethereum, Flow and Tezos blockchains, Rarible is a great choice for you. Due to the professional user interface and user experience design, the popularity of this platform is witnessing an increasing trend among users.
The platform provides Metamask, Coinbase, WalletConnect wallets, and other wallets that support blockchains used on the Rarible platform for NFT trades for its users. It takes less than five minutes to create an NFT token under any category on this platform, and the amount of commission received by Rarible, from both buyers and sellers, is 2.5%.
One of the biggest features of this market is becoming a Decentralized autonomous organization or DAO, whose executive affairs are decided by the governance process, in other words, Rarible is a community-based NFT market.
The popular Coinbase exchange has made a huge breakthrough in this industry with the development of its exclusive NFT marketplace. One of the best choices for users with a very large and legal trading volume who want to invest in cryptocurrency and NFT tokens is the Coinbase NFT platform. This marketplace supports the Ethereum blockchain and, according to the announcement, is trying to implement an NFT trading platform with the simplest user interface.
Payment methods provided to the users of Coinbase and Coinbase pro are:
- Credit cards
- Bank accounts
- Internal Coinbase wallet
- Metamask cryptocurrency wallet
One of the first NFT marketplaces that made news headlines with the $6.6 billion CROSSROAD painting deal. Nifty Gateway Marketplace has hosted a collection of great artists such as Weeknd, Grimes, and Eminem, which shows the popularity of this platform among users. Gemini Exchange, as a support for this platform, has provided features such as a direct connection of exchange users’ wallets to the Nifty Gateway platform.
Nifty Gateway has used the Ethereum blockchain to develop its infrastructure, and the platform’s commission rate is 15% per transaction, which is significantly different from a competitor like Opensea. Users are also provided with payment facilities such as support for credit cards and bank accounts and the Metamask cryptocurrency wallet so that they can successfully register a buy or sell transaction in the shortest possible time.
The development team of Dapper Labs, which also created the flow blockchain, has developed an NFT marketplace for fans of irreplaceable NBA moments collections. NFT tokens in the form of video scenes from NBA basketball games are traded in this market. This is an opportunity for basketball enthusiasts to make a profit by trading these tokens.
The NBA TOP SHOT market has provided its users with a wide range of payment methods, including:
- Credit cards
- Bank accounts
- Cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, DAI, and USDC.
7- Exclusive NFT Tokens Marketplaces
Unlike Opensea or SuperRare platforms where users can create and trade any type of NFT tokens, there are platforms such as Axie Marketplace, which is an NFT tokens marketplace for a particular game or platform. For example, users who want to invest in Metaverse can use the Decentraland project NFTs marketplace, or users who are interested in making money through gaming (GameFi) can get Axie NFT tokens in the Axie Marketplace.
To choose an NFT tokens trading platform, different platforms should be prioritized according to the needs of each user. For example, if you are new to the NFT trading market, Opensea is the best choice for you, but on the other hand, if you are a well-known artist and your work has a lot of fans, the SuperRare platform can better display your work to your target audience.
The choice of the best platform would be made by users because issues such as country sanctions or support for certain payment methods are not discussed in the articles and choosing the wrong platform can be a waste of time.
The End Words
At Adaas Capital, we hope that by reading this article you will be fully immersed in Best NFT Marketplaces For Artists. You can help us improve by sharing this article which is published in Adaas Investment Magazine and help optimize this article by submitting your comments.
The Opeansea with the largest volume of NFT tokens trades has been able to provide users with a wide range of NFT trading and minting services.
For novice users the Opensea has a better user experience, and if you are well-known artist you can choose SuperRare to expose your arts better!