These days non-fungible tokens, popularly known as NFTs, seem to be everywhere; their craze refuses to die down. As per reports, in 2021, the NFT market rose to more than US$40 billion in value and is holding strong even in 2022.
Must Read: What are NFTs? Take a look at top 5 NFT marketplaces
More and more investors are getting involved in NFT trading and are looking for a reliable and cost-effective platform to satiate their investment needs.
Source: © Boumenjapet | Megapixl.com
So, in this article, we will explore the three top NFT marketplaces for NFT lovers.
OpenSea
One of the most prominent names in NFT marketplaces is OpenSea, which was launched in 2017. It hosts all sorts of NFTs like art, music, domain names, trading cards and virtual worlds, etc., on its platform and boasts a collection of more than two million digital assets.
Related Read: 3 popular NFTs to look at as Coinbase launches social NFT marketplace
This platform is beginner friendly, and one can easily set up an account for free and start browsing NFTs immediately. Here, one can choose from more than 150 different payment options including tokens, like Ethereum, Solana, USDC, etc.
Moreover, it supports numerous crypto wallets like MetaMask, Ethereum Wallet, TrustWallet, etc., and also supports blockchains like Polygon, Klatyn and heaps more.
Rarible
Coming up next is Rarible, which is another NFT marketplace facilitating the sale, purchase and creation of all kinds of art, videos, collectibles, and music on its platform.
It is built on the Ethereum blockchain and has its own token, Rarible, to buy and sell on the marketplace. The platform charges a fee of 2.5% from both buyers and sellers.
It supports a wide range of wallets, including MetaMask and Coinbase and also boasts multi-chain support and can host various NFTs built on Ethereum with the help of blockchains Flow, and Tezos.
Nifty Gateway
Topping off the list is Nifty Gateway, which is among the top NFT marketplaces worldwide, offering a diverse range of art and digital collectibles.
The platform is powered by crypto exchange Gemini and focuses on artwork, particularly those by celebrities and top artists. It is noted that the platform has facilitated the sale of artworks from popular personalities like Beeple, Daniel Arsham, Pak and Grimes. Owing to its partnership with popular creators and brands, Nifty Gateway is often considered a high-end marketplace.
This marketplace makes use of an open editions system and here, NFTs can be purchased using credit cards also. Moreover, here NFTs can be purchased using credit cards also.
Do Read: Which are top NFT games’ tokens by market cap?
Bottom Line
The craze of NFTs has skyrocketed in recent years. However, tech-savvy investors must invest in these digital collectibles according to their risk appetite and investment portfolios.
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.
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