NFTs! NFTs!! NFTs!!! Everywhere you look it’s all about NFTs isn’t it? Just in case you have been wondering how to sell your Solana NFT, and the best marketplace for it, look no further because this article explains it all.
What is Solana?
Solana is a blockchain network that is still growing. Yes, it is still in its infantry and was introduced officially in the year 2020. This blockchain network has its cryptocurrency tagged SOL. Since its launch in 2020, it has slowly pushed to become one of the top 10 cryptocurrencies in the marketplace. Although most of the SOL tokens are controlled by its founders, there’s still a 38% share left out for purchase by non-founders. If you would like to know where to buy and sell your Solana, SOL tokens, then you should scroll down and keep reading.
I previously wrote an article on NFTs and how illegal it is to screenshot NFTs. Only, it’s not illegal. Click here to read more about it.
Where to Sell My Solana NFT / Best Marketplaces For Solana Sales
There are lots of marketplaces for the sales of NFTs, however, each marketplace is tailored a specific category or sector. So how do I know where to sell my SOL tokens? Here we will see the top 5 marketplaces for the sales of Solana nft.
I present to you, the most popular marketplace for the sales of Solana NFT, Magic Eden. Here you can create, you can manage, you can sell, and you can purchase NFTS. For each transaction, there is a charge of 2% but there is no listing fee. Although here you can indicate your royalties and you will get paid as soon as a sale is concluded. Magic Eden also supports all Solana wallets.
This is another platform that allows for the creation, sales and purchase of Solana NFTs or Solana based NFTs. For every sale made on Solanart, there is a transaction fee of 3% and you get your expected payment across almost instantly. Ever heard of Aurora, Solpunks, Degenerate Ape Academy and the likes? Yeah. These are just a few of Solanart’s NFT collections.
Ever worry about your NFT getting stolen and duplicated for sales? Well, with solsea, you can sleep peacefully at night. Solsea is the first minting platform that allows for the choosing and embedding of copyright licenses in NFTs. With this option, creators know what they are selling and collectors know what they are buying. Solsea also has a number of NFT collections such as base markets, All.Art Circle, Meta Waifus etc. The platform charges a 3% marketplace fee on every successful NFT sale and creators can set their own royalties.
For safe and verified sales of Solana NFT, this was the first marketplace available and till now it allows the option of creating, selling and purchase of Solana NFTs. Digitaleyes provides a mint calendar where you can follow up the forthcoming NFT drops and launches. The platform charges 2.50% for every successful transaction made on an NFT as a service fee. Some of the popular projects and Top collections on DigitalEyes are Frakt, Aurory, Degenerate Ape Academy, Galactic Gecko Space Garage etc. It supports most Solana wallets as well.
Well, here is another platform for the minting of NFTs. It allows artists / creators to launch self-hosted storefronts easily. Okay, I’ve got both good news and bad news here. The goodnews is, with Metaplex, you are giving the opportunity to display your own branded storefront and carry out sales of NFT without any transaction costs. That’s right, no charge at all. Bad news is, your NFT will only be displayed according to NFT terms, guidelines and standards. This means your NFT will not be able to compete in the open market. Well, at least there are no charges applied.
Now you know where you can create, sell and even purchase your Solana NFT. Now let’s find out how to sell Solana Nft from scratch.
How To Buy and Sell Solana NFT
Have you been wondering about the steps to follow to sell your NFT collection on Solana? Below are the steps to follow.
Sign up to coinbase.com
Next you have to convert your currency to buy Solana NFT. Simply go to settings and add your payment method. The best option to choose will be PayPal as it is the most convenient and fast. So, hurry down and fill in your details.
Next search for the Solana NFT you have interest in and click on the purchase option using the PayPal selection.
Congratulations, you are now a proud owner of a Solana NFT! Hurray!!
Now to sell your NFT after purchase, or if you are a creator, you can simply go to the asset option which will show you all the different coins you earn. Scroll down and select Solana NFT.
To continue, you will have to send the Solana to another platform as you cannot continue on coinbase.
To transfer your Solana, go to your phantom account, copy the address and paste it on the coinbase exchange account. Fill in your details and your funds will be duly transferred.
Now amongst the above-listed marketplaces available for Solana NFT trade, select one.
Click on the NFT of interest for the motive of either buying or selling. When you click on it, its details will be shown plainly. Details such as attributes, price, token details and then you can proceed to buy or make an offer.
Click on the sell now option and select sell.
That’s all. See how easy it is. You can begin selling your Solana Nft now. And this is where we’ve come to the end of this article. Follow our website regularly to get smart answers to finance related questions, smart tips and smart ways to make money.