Open Sea
Perhaps the most well-known NFT marketplace, OpenSea is an excellent option if you’re just getting started with NFTs. It launched in 2017 as an Ethereum marketplace, and was the first platform to bring NFT trading into the mainstream. Until now, it has attracted over one million users.
The OpenSea marketplace is based on the Ethereum blockchain and provides a wide range of Non-Fungible Tokens (NFTs) for sale, including digital art, domain names, in-game items, and more. It makes trading NFTs more accessible than ever, as it supports more than 150 different cryptocurrencies as payment methods. This makes it easy for investors to make trades and purchases using their crypto balance. OpenSea follows a pay-as-you-sell policy and charges a reasonable fee of 2.5% for every successful transaction to the seller, with no charges for the buyer apart from the standard network fees. Last but not least, OpenSea supports 14 different crypto wallets and enables users to quickly link their wallets to the marketplace.
Overall, OpenSea is a user-friendly NFT marketplace that works well for vendors and buyers of all experience levels. Whatever kind of NFT you're looking for, you'll have a lot of possibilities.
Pros of Open Sea:
- Extensive selection of NFTs
- Easy NFT minting
- Reasonable fees
- Educational content
Cons of Open Sea:
- Plagiarism and spam
- Frequent scams
- Trustworthiness
General information:
- Types of NFT: Art, collectibles, domain names, music, photography, sports, trading cards, utility, virtual worlds.
- Fees: 2.5% per transaction
- Payment Methods: Ethereum (ETH), WETH (WETH), Solana (SOL), USD Coin (USDC), Dai (DAI)
- Website: https://opensea.io/
