The rising popularity of NFTs has attracted countless newcomers eager to dive into the market. However, before jumping in, it’s essential to understand what NFT platforms are. This article breaks down five of the most common NFT marketplaces, their features, and key selection criteria. Let’s explore!
What Is an NFT Platform?
An NFT platform is a dedicated marketplace for trading NFT products. Whether you want to create, buy, sell, collect, or display NFTs, these platforms facilitate all operations. Transactions primarily use cryptocurrencies, with both buyers and sellers paying fees. Additionally, sellers can earn royalties (a percentage of future sales) for their NFTs.
5 Major NFT Platforms Compared
Below, we compare five popular NFT marketplaces in a clear table format:
| Platform | OpenSea | Nifty Gateway | SuperRare | OurSong | akaSwap |
|----------------|--------------|--------------|-------------|-------------|-------------|
| Key Feature | Largest global platform, beginner-friendly | Exclusive high-end drops, strict curation | One of the earliest, artist-focused | Taiwanese platform, music collaborations | Eco-friendly blockchain, digital art focus |
| NFT Types | General-purpose | Premium art | Artist artworks | Digital music | Digital artworks |
| Blockchains | Ethereum, Polygon, Klaytn, Solana | Ethereum | Ethereum | Ethereum, Polygon, BSC, ThunderCore | Tezos |
| Fees | 2.5% | 5% | 15% | 2.5% | Very low |
| Royalties | 10% | Customizable | 3% | 10% | 10–25% |
2 Safety Tips for Using NFT Platforms
1. Opt for Established Marketplaces
For beginners, security is a top concern. Large platforms (e.g., OpenSea, Nifty Gateway) with long track records, high user volumes, and strong reputations typically offer better stability and cybersecurity, reducing risks.
2. Research Setup Requirements
Before using any platform, understand the prerequisites:
- Buying crypto (e.g., ETH).
- Setting up a digital wallet (e.g., MetaMask).
- Comparing fee structures.
Choose a platform aligned with your needs for a smoother, safer experience.
👉 Learn how to buy crypto for NFTs
Becoming an NFT Creator? Start with Digital Asset Design!
The NFT boom has turned anyone with design skills—graphic art, animation, or video editing—into potential creators.
For those interested, specialized courses (e.g., 3D modeling, digital art) can provide hands-on training, from software basics to NFT listing.
FAQ
Q1: Which NFT platform is best for beginners?
A: OpenSea’s user-friendly interface and multi-chain support make it ideal for newcomers.
Q2: Are there NFT platforms without gas fees?
A: Platforms like OurSong (Polygon) and akaSwap (Tezos) offer low-fee alternatives to Ethereum.
Q3: How do artists earn from NFTs?
A: Through initial sales and royalties (e.g., 10% of future resales on OpenSea).
Remember: Always prioritize security by choosing reputable platforms and researching thoroughly before trading!