Top 10 Best NFT Marketplaces
NFTs (non-fungible tokens) are digital assets like music, videos, artwork or other collectibles. They exist on the blockchain, an innovative technology that underlies cryptocurrencies like Ethereum or Bitcoin. Hence, NFT marketplaces are platforms that support buying and selling of NFTs. We will discuss the top 10 Best NFT marketplaces to make your search for NFTs easy.
The NFT marketplace is rising in popularity to more than $40 billion. Thus, it is already too big an industry to pay attention to.
There are numerous NFT marketplaces serving clients, and many of them specialize in certain niches. With the increase in market size, here are the top 10 best NFT marketplaces from which you can confidently choose to make a trade.
So, let us explore the NFT market.
OpenSea is by far the best and largest NFT marketplace. Based on the Ethereum blockchain, it offers buying, minting and selling services. Moreover, it supports over 10 NFT wallets like Trust Wallet, Metamask and Coinbase. Likewise, it accepts payments in Ethereum, Solana, USD Coin and Dai.
OpenSea charge 2.5% per transaction and have NFTs ranging from art, collectibles, photography, music, domain names, sports, virtual worlds, and trading cards. In short, OpenSea has it all; although there are chances of scamming and plagiarized content, it is worth trying.
Rarible serves users to buy and sell collectibles, art, video game assets and NFTs. The platform accepts payments in Ethereum, Flow and Tezos. In 2021, Rarible partnered with Adobe to stop plagiarized content by verifying metadata, thus making it one of the top 10 best NFT marketplaces.
The platform charge 1% to the buyer and 1% to the seller as a transaction fee. Raribale is a decentralized platform, as users who own RARI (native token) can decide policy matters.
- Axie Infinity
If you are into gaming NFTs, then Axie Infinity is your heaven. It runs on the Ethereum blockchain and supports the Ronin wallet to buy and sell gaming NFTs. In addition, there is no buyer fee, and traders can earn cryptocurrency rewards.
Although the platform specializes in gaming NFTs, it still covers various options for buyers to explore. The platform charges a 5% fee on sellers and is currently a really hot NFT marketplace.
- NBA Top Shot
For basketball fans, NBA Top Shot lets them buy historic basketball moments as NFTs. The platform sells video clips, art for both NBA and WNBA, and play highlights. Since the NBA manages it, thus they have exclusive rights to the content.
Moreover, the marketplace accepts Bitcoins, Ethereum, USDC, DAI and Bitcoin cash, and payments through credit/debit cards. The platform charges a 5% transaction fee on transactions.
One of the largest crypto exchanges, Binance, launched its NFT marketplace in 2021. The marketplace has put gaming items, artwork and collectibles for sale. One major advantage of the Binance market is that it only applies a very low fee – 1%.
In addition, it has a simple and intuitive outlook for a better customer experience. Since Binance has its blockchain, thus it has an added advantage in the NFT marketplace.
It is an ideal platform for art lovers and artists as the portal specializes in art-related works. SuperRare runs on the Ethereum blockchain and charges a 3% fee on all purchases, while the gallery receives a 15% commission on the first sale.
The marketplace support MetaMask, Wallet Connect and Fortmatic crypto wallets. Moreover, it supports buying, selling and minting of the NFTs. Furthermore, it has a curated list of artists and offers them royalties. Likewise, that marketplace has partnered with the traditional art world to add vibrance and options for buyers.
- Mintable NFT Marketplace
It is among the top 10 best NFT marketplaces, with huge NFTs covering digital art, collectibles, in-game items, videos, metaverse items and other functionalities. It also supports users to mint and sell free NFTs. Moreover, it offers a sleek and user-friendly interface that requires little technical knowledge.
In addition, Mintable runs on the Ethereum blockchain and charges 2.5% fees for regular NFTs, 5% for gasless and 10% for printable NFTs. The platform also provides the ETH and USD value of each NFT.
- Theta Drop
Theta Drop opts for quality rather than quantity by collaborating with big names from the entertainment industry. It is primarily designed for buyers, as sellers must pay a hefty fee and get Theta Drop’s approval to get featured on the marketplace.
The marketplace offers NFTs, including videos, images, music and redeemable. In addition, it charges a 10% service fee for sellers of $25 or a 0.3
Foundation marketplace specializes in quality pieces of digital artwork. It runs on the Ethereum network and charges a 5% transaction fee. In addition, it accepts payments in Ethereum and supports Metamask wallet. Users buy, sell and even mint NFTs.
The marketplace invites top artists to feature their art. Moreover, if you want to mint your NFT, Foundation is the best marketplace to start your journey.
- Nifty Gateway
The Nifty marketplace has the power of Gemini’s crypto exchange, which is ideal for serious NFT collectors. It accepts payments in Ethereum, debit and credit cards while holding NFTs in a Gemini wallet. The market is committed to offering exclusive art-focused NFTs at reasonable prices.
Nifty Gateway charges a 5% listing fee. Moreover, NFTs developed in this marketplace are known as Nifties.
Frequently Asked Questions
What is the biggest NFT marketplace?
OpenSea is the biggest NFT marketplace in terms of trading volume, and it supports NFTs, including art, domain names, trading cards, sports and collectibles.
What is the easiest NFT marketplace?
Rarible is one of the most user-friendly and easy-to-sign-up NFT marketplaces.
Are NFTs good for the future?
The NFT market has already surpassed billion dollars and is the future of the cryptocurrency metaverse.
The top 10 best NFT marketplaces offer numerous options to buyers, sellers and minting enthusiasts to take their passion to the next level. Since NFTs have already taken the crypto world by storm, thus it is here to stay and a good option for future investment.
OpenSea is one of the best NFT marketplaces, as you can gather all NFTs under one roof. In comparison, other marketplaces specialize in one category only, like gaming, art or sports. The transaction fee charged by each NFT market differs and depends on the rarity of the artwork.
Looking at the NFT market growth potential, certain crypto exchanges have also started their marketplaces, like Gemini and Coinbase.
We hope you know the top 10 best NFT marketplaces and are ready to start your NFT journey.