Identifying the Best NFT Marketplace

If you want to purchase or sell NFT, then the NFT marketplace is your gateway. From image file to music or even movies, every type of digital asset you can purchase on marketplaces.
 
With this NFT trend, lots of marketplaces launch providing big supply and new opportunities in the market. There are various marketplaces. By searching them you may find a marketplace for collectibles, marketplaces that specialized only in Solana NFTs, or a universal one.

Top NFT Marketplaces

With the hype of NFT, a new marketplace is born every day. So what factors to consider when you find a cool NFT you want to buy, and it’s in a marketplace that’s unknown to you?

There are several things you need to remember. Bookmark this page and come back here and check the cards every time you find a new marketplace. We’re working day and night to provide the best information out there for you to make an easy decision. So what to consider? Let’s check the cards together to see what’s important.

Below you’ll see cards to easily check marketplaces, their features, and statistics. I’m sure you’ll find all your answers and identify the marketplace that best fits you.

superrare-logo

SuperRare

Ethereum’s Exclusive top NFT Marketplace

$239.76K

Volume (30d)

15%

Transaction Fees

Blockchains

Blockchain EthereumEthereum

Top Supported Wallets

Blockchain EthereumMetaMask
Blockchain EthereumWalletConnect
FortmaticFortmatic

Buying Options

Fixed Price
Auction
Offer
LooksRare logo

LooksRare

NFT marketplace where anything is possible and all are welcome

$3.21B

Volume (30d)

2%

Transaction Fees

Blockchains

Blockchain EthereumEthereum

Top Supported Wallets

Blockchain EthereumMetaMask
Blockchain EthereumWalletConnect
Coinbase WalletCoinbase Wallet

Buying Options

Fixed Price
Collection Offer
Offer
opensea 1

OpenSea

OpenSea is the first and largest peer-to-peer marketplace for crypto collectibles

$4.13B

Volume (30d)

2.5%

Transaction Fees

Blockchains

Blockchain EthereumEthereum
Blockchain PolygonPolygon
Blockchain KlaytnKlaytn

Top Supported Wallets

Blockchain EthereumMetaMask
Blockchain EthereumWalletConnect
Coinbase WalletCoinbase Wallet
FortmaticFortmatic

Buying Options

Fixed Price
Dutch Auction
Auction
Bundle
Offer
Magic Eden

Magic Eden

NFT marketplace where anything is possible and all are welcome

$86.8M

Volume (30d)

2%

Transaction Fees

Blockchains

Blockchain PolygonPolygon

Top Supported Wallets

PhantomPhantom

Buying Options

Fixed Price
Auction
Offer

How to choose the best NFT marketplace

Searching the best and most relevant marketplace for your goals there are key points and metrics to pay attention to.

Trading Volume

Probably the most important and first metric to pay attention to is trading volume. Trading Volume is the total amount of crypto transactions generated by users.
 
So when you see a marketplace with high trading volume that means the platform is popular and successful. For example, Opensea, which is the most popular and universal NFT marketplace has the biggest trade volume among competitors.

Transaction Fees

Each NFT marketplace has its own transaction fees. The average percent is 2.5%. And this is another key point to pay attention to.

Supported blockchains

The next key feature to pay attention to is supported blockchains. You may identify a popular marketplace with high trading volume that doesn’t support the blockchain your desired NFTs is created on it.

Supported Wallets

It’s essential to look at wallets that support specific marketplace. Make sure the marketplace provides top wallets, however even in the worst case you can use walletconnect to connect any wallet with any marketplace easily.
 
Good news. You don’t have to spend much time to find the best marketplace for your goals. Our purpose is to provide you with all the necessary knowledge to help you in your research.
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