If the attention that NFTs are generating interests you, then having a good marketplace is your access to successful sale and purchase of these assets. As NFT transactions keep gaining popularity, there are a plethora of marketplaces that are available on the internet.
Many of these are specific to a niche.
Having a reliable NFT marketplace can prove to be the difference when it comes to enjoying a good user experience. These marketplaces are not simply for trading digital assets but also represent access to a community of collectors and artists. To get yourself acquainted with the best marketplaces to consider, this guide will provide the top platforms where you can trade NFTs.
Top 5 NFT marketplaces
There are many marketplaces to choose from, which vary in the kind of cryptocurrencies supported, the kind of arts you will find, and the fees that are required. NFT Profit is a popular AI-driven system that can help to make the most of NFTs like a pro. With this in mind, this section will introduce the top NFT marketplaces that have generated much praise:
OpenSea is understandably considered to be the most established NFT marketplace available, which accepts more than 150 cryptocurrencies. The blockchains supported on this platform include Ethereum, Klatyn, and Polygon. OpenSea is widely considered to be the Amazon of NFTs, where you can get a wide range of NFTs. However, the Ethereum blockchain comes with high gas fees.
If you are looking for the best Solana NFT marketplace, then Magic Eden is the right place to consider. This platform is gathering attention as one of the fast-rising NFT marketplaces. Due to the high fees that are associated with using Ethereum to mint new NFTs, Solana has become a popular choice among users since it is more environmentally friendly and less expensive. The types of NFTs you will see on Magic Eden are Digital art, verified and curated drops.
Another marketplace that has gathered much praise, particularly among celebrity NFTs, Nifty Gateway is regarded as the NFT marketplace for big drops. What’s more? It also specializes in digital arts, verified and curated drops. Nifty Gateway also supports the Ethereum blockchain. Besides this, its unlimited number of editions, which are created within a short period, is also an attribute to admire since it brings about a strong market. In addition, this platform allows collectors to make use of FIAT currencies, without the need for cryptocurrencies.
For rare sports and media collections – as the name may imply – this is the best NFT marketplace to consider. The blockchains it supports are Ethereum, Flow, and Tezos. With this in mind, the platform has attracted avid enthusiasts of gaming and sports collections. It is a community-owned platform that supports decentralization. The blockchain option it provides ensures that you can choose other gas fees that are much lower than Ethereum.
Widely regarded as the ideal online shop for video game Axie Infinity, this platform provides players with opportunities to purchase new Axies – as well as other items – as NFTs for certain use within the game. Axies are creatures that can be purchased to contend against Axies of other players to win rewards. Since the platform supports the Ethereum blockchain, Axie Shards can be traded on some crypto exchanges.
According to the 2021 NFT Market Report released by Chainalysis, the value of the NFT market has increased to at least $40 billion. As this popularity continues to grow, it is the best time to want in on the NFT craze. To do this, you must consider the best NFT marketplaces that render the best conditions to enjoy a top user experience.