I teach you how to sell your NFTs on OpenSea
The wave of NFT is getting bigger. Perhaps it is owning and selling your own NFT, a platform like OpenSea allows you to create an NFT in Ethereum without any commission. In addition, you can also trade on the domestic market.
It is necessary to remember that NFT can be almost any digital object. Be it a video, photo, gif or text file. Therefore, if you want that photo of your dog to be immortal, keep it on hand for future sales if you see it necessary.
First of all, what is OpenSea?
OpenSea is one of the largest crypto digital asset markets. The platform has been in operation since 2018 and currently has a total of 24 million NFTs.
This platform is widely used by users interested in the NFT world, since creating NFTs in OpenSea does not require any type of commission. This is due to their self-proclaimed gasless tool. Of course, to sell your NFT, you have to pay a fee, which depends on the Ethereum network congestion. And knowing this we go into more details
What you need to know
You will need a wallet from this network to be able to interact with the DApp, such as MetaMask, Coinbase Wallet or Trust Wallet. Either of these wallets is suitable for OpenSea. If you have never used them.
After preparing your investment portfolio, if your purpose is to sell your NFT, you now need some ether (ETH), the cryptocurrency of Ethereum. Depending on network congestion, the ETH commission is roughly US $ 5 to US $ 25.
Regarding the commission on the platform, if you manage to sell your NFT, it will charge you a commission of 2.5%.
Sell your NFT on OpenSea
First, find the sell button in the token profile you just created.
OpenSea offers three types of sales formats.
1. direct sale, you only need to set the final price.
2. auctions, allows you to set a minimum price and an auction time.
3. Bundle, this type is a bundle sale, you can sell two or more NFTs together.
Let's focus on the first two, because joint sales basically sell more than 2 NFTs through direct sales.
To complete the process, you need to click Publish Your List (Publish Your Ad). Your wallet window will open here to confirm the transaction. There is no amount, it is the only thing that pays network commissions, which can vary due to congestion.
After confirming the transaction, you will be able to see the details of the sales in your NFT profile under the option "My favorites".
If the NFT is sold, the sale amount will be available directly in your portfolio, that is, you have connected to the OpenSea portfolio.
*Lastly, I recommend everyone to use OpenSea. Go ahead and turn that photo of your dog into an NFT and sell it. You don't know which dog lover is willing to pay a little for your NFT.
