Top 10 Marketplaces To Buy & Trade NFTs
From being an undervalued digital currency to thriving in the economy of the digital era, crypto has demonstrated its potential with a steady rate of expansion. The NFTs, on the other hand, surpassed the crypto record that takes decades to construct in just months. The demand for owning NFTs today leads to the increasing number of NFT trading platforms and $23 billion in NFT trading volume in 2021. This blog will recommend for NFT enthusiasts the 10 most popular marketplaces to buy and sell NFTs so far.
List of 10 Most Recommended NFT Marketplaces
NFT marketplace which provides asset owners with strong ownership rights, security, and immutability, was originally built on a different chain in response to a user request, such as Ethereum, Binance Smart Chain, etc. Using crypto wallets is a prerequisite for both buyers and sellers in order to complete transactions. Below are the 10 most used marketplaces to trade NFTs that everyone should know:
The Binance NFT marketplace is a location where you may produce, purchase, and sell Non-fungible tokens (NFTs). Users can also transfer NFTs between two blockchains here.
Music, digital things, films, website names, and real-world objects are among the NFT assets. Impressively, since Binance’s launch in June 2021, it has assisted 1,000 creators globally and facilitated the creation and listing of more than 2.5 million NFTs in total.
One of the most well-known marketplaces for NFT art and antiques is OpenSea. Rare types of art, such as virtual land or pets, can be found on the NFT platform. OpenSea now lets you buy NFTs with a variety of virtual currencies, including ETH and DAI.
With only two weeks left in January 2022, OpenSea’s monthly transaction volume in Ether (ETH) has surpassed $3.5 billion, shattering all prior records of itself.
Wearables, estates, names, and other digital assets are available on this NFT marketplace. In Decentraland, you may purchase and sell virtual lands, customize them, and save them in an Ethereum-based smart contract. At the beginning of 2022, this platform was recorded to be in the top 5 of highest NFT trading volume ($789,670) and highest NFTs sales (126,268).
Rarible is a community-driven NFT platform built on the Ethereum blockchain (ETH). You can buy, sell, and mint a variety of digital art and collectibles on the platform. Founded in 2019, Rarible has gained 1.6 million users and a trading value of $274 million.
AirNFTs is a Binance Smart Chain-based marketplace that allows users to buy and trade NFTs. The Binance coin (BNB) and the platform’s own token, AIRT, can be used as the official currencies. If you’re an artist wishing to sell NFTs, you can use the AirNFTs launchpad function to acquire visibility for your collection. To date, AirNFTs has issued over 110,000 NFTs with a trading volume of over USD 8 million.
Foundation is a collection of numerous sorts of NFTs with multiple shadows. It is based on the Ethereum blockchain network and supports it so NFTs based on Ethereum can also be listed on a variety of marketplaces. Updated recently, Foundation (FND) had a total sales volume of $2.93k, 17,510 owners with a total quantity of 117,437 tokens.
SuperRare is an NFT store based on Ethereum that features a wide choice of high-valued collectibles or art. The platform’s user interface features vibrant GIFs and real-time auctions. SuperRare achieved over $31 million in NFT trade volume in October 2021, surpassing the previous record of $29.5 million in March 2021, when 929 active collectors purchased 3,179 artworks.
Makersplace is a platform that allows you to find and collect one-of-a-kind digital creations, and help digital creators such as painters, photographers, and authors to benefit the most from blockchain technology. Latest update has shown that MakersPlace had a total sales volume of $9.88k, 15,604 MakersPlace owners out of an 83,024 token supply.
BakerySwap is a Binance Smart Chain-based automated marketplace and decentralized exchange that creates a multi-purpose crypto hub providing various DeFi services, crypto launchpads, and NFTs. It makes use of a BakerySwap token that is intrinsic to the platform (BAKE). Over $28 million in NFT trading volume has been reported by BakerySwap, with over 80,000 NFTs generated. Some 3D artworks fetch as much as $20,000 on the market.
Nifty Gateway is a popular NFT platform based in New York that allows customers to sell NFTs using US dollars. Gemini, a large, regulated crypto exchange in the United States, is backing the platform. Sales of NFTs on the web platform Nifty Gateway from May 2020 to September 2021 totaled around $408.8 million. Also, it issued 6,623 new NFTs representing the digital artworks of 418 artists at that time.
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