While cryptocurrency has captured the interest of investors and speculators around the world, there are still many people who do not understand how the underlying blockchain technology works. To help you figure out how to invest in NFTs, we have created this list of the top 10 best NFT marketplaces to make it easy for you to learn about and trade in non-fungible tokens safely and securely.
A decentralized marketplace, OpenSea gives users the chance to find the best deals on crypto-collectibles, tokens, and games without having to pay hidden fees. It offers a secure environment to find the best deals on crypto-collectibles, tokens, and games.
With OpenSea, users can track and discover the rarest items in the market through a unique tag system. They can also list items again if they don’t sell right away. In addition to supporting 150+ ERC721 tokens, it adds support for new tokens when added to the ERC721 standard. For users interested in acquiring NFTs and participating in the market, it is a no-brainer.
With OpenSea, the main drawback is that users are required to have an Ethereum wallet. Once this is completed, however, the process is fairly straightforward and easy to understand, even for beginners.
The Axie Infinity world enables players to collect and breed digital pets called “Axies”, which are used in a turn-based card game. These pets are made of non-fungible ERC721 tokens, meaning that each one has its own unique traits. There are two main modes of play for these creatures: collecting and breeding. Axie was launched in 2018 and has already gained quite a following.
Breeding allows users to combine different types of Axies to generate new ones with different characteristics by mixing them together. Collecting involves beating up other Axies to earn experience points that can be used to level up their own pets. Fans of Axie can also buy clothes for their pets via the Marketplace.
Getting started in the game involves buying an Axie from the marketplace. These come in a variety of rarities with their own unique appearances and abilities. ETH can be used to purchase in-game items, which can be used to purchase new Axies or to upgrade existing pets during a breeding session.
Xie might be one of the most complex NFT marketplaces in the crypto-collectibles space, but it’s well suited to advanced users who understand how blockchain games work.
In addition to providing unique digital goods, Rarible aims to become the leading platform for rare NFTs by focusing exclusively on rare digital assets. There are currently more than 500k different types of NFTs available on the platform, and more are being added every day.
It is extremely easy to use even if you aren’t familiar with blockchain technology. Through Rareible, users can purchase rare digital assets using either fiat currency, Ethereum, or any ERC-20 token. The blockchain stores all transactions, and Rarible gets a fee whenever a new transaction occurs.
The marketplace offers many features that are of interest to people who trade rare digital goods, including a clean and easy-to-use platform, a wide selection of different types of NFTs, a responsive customer support team, low fees, a referral program, among others.
CryptoPunk set of NFTs is a 10,000-card series of digitally rare, unique pixel-painted characters. The CryptoPunk platform was the first of its kind, and it pioneered the concept of tradable digital graphics on the blockchain. Due to this, other companies have adopted the same idea, and have innovated the idea with new details of their own.
The distinguishing characteristic of the CryptoPunk platform is its originality, which separates it from other similar platforms. But if you’re looking for a marketplace with lots of variety and types of NFTs, the CryptoPunk platform may not be right for you.
The NBA Top Shot Marketplace combines the love of basketball with Flow Blockchain technology and consists of players cards, team cards, unique edition cards, and even video highlights.
Dapper Laps, the company behind the website, has made it easy for anyone to join the exchange. Just verify your account by linking it to your Google account and enter your phone number. Afterward, you can buy packs and begin trading using currencies like Flow, Etherium, or even credit cards.
Even though the marketplace is in its early stages, it’s still growing. You can seize the opportunity if you want to be involved from the beginning by making your decision now. The website is simple to use with basic search and filtering options, but there aren’t many coins available to buy NFTs with.
It’s an excellent place for collectors and NBA fans alike, but it’s not the best place if you’re looking for something with other types of currencies or a large number of NFTs.
It is a blockchain-based platform for digital artists that allows them to sell their work. The marketplace lists only unique, high-quality artwork created by creators vetted by its staff. As the site only lists 26,000 NFTs, there isn’t a large number of digital art pieces compared to other platforms. However, everything you find will be carefully curated.
SuperRare’s community is smaller than some other marketplaces, but it is very active, and many artists participate in it.
In addition to digital artists looking to sell their works on the blockchain, SuperRare also caters to buyers seeking a curated selection of NFTs.
The Nifty Gateway might lack thousands of NFTs, but what it lacks in quantity, it makes up for in quality, with 6k+ NFTs listed. There is no fee for accessing Ethereum based assets. It’s a very good gateway. It’s easy to sign up and use, and it accepts USD and ETH.
The company is already known for selling expensive and rare NFTs, including Beeple’s CROSSROAD, which sold for $6.6 million in 2021. The listings are heavily curated, and you’ll often see NFTs by famous artists like Emienem and The Weeknd.
Keep away if you are looking for affordable NFTs. Nifty Gateway is ideal for collectors who spend their crypto on specialized items.
This Blockchain-based marketplace for digital assets has a complete inventory of all things related to NFTs and other scarce art. With decentralized storage and peer-to-peer exchange, artists are free to display their rarest pieces to prospective buyers with no worries. The platform currently hosts over 125,000 NFTs, including photos, games, and 3D models. However, due to its strict guidelines, the platform does not accept USD or any other currency besides ETH, which can make it challenging to make purchases if you don’t already hold any.
There are many resources available at Foundation for anyone who is curious about NFTs and blockchain. You’ll find in-depth articles on NFTs and plenty of education about digital art and the benefits of using blockchain for your art.
Foundation’s system offers opportunities for artists to earn income on the merits of their creativity. Also, artists have the option of producing original work with customized licensing agreements.
Mintable is an Ethereum blockchain-based marketplace that allows people to trade, buy, and collect NFTs. Unlike other marketplaces, which usually have to have high-quality products, Mintable simply aims to provide as many NFTs as possible and make it easy for customers to find what they are looking for.
Mintable’s biggest advantage is that creators can mint different types of NFTs, so it has the most varied collection of collectibles in any marketplace.
Mintable also features a history of trades and stats to help identify popular listings. Its search function will suggest potential matches live as you type.
Mintable is great for those who are new to the game or want to avoid having to work their way through all the different exchanges. Keep in mind that Mintable might not always have the most competitive prices, but the accessibility of Mintable might be more beneficial to some.
KnownOrigin is a platform where users can buy and sell unique digital items in a fair and just manner, with no barriers to entry. Its goal is to offer unique and rare collectibles to customers not able to find what they are looking for elsewhere.
The restriction on how many they offer currently is 45,000 and they are in the process of planning on whether or not to increase the number in the future. However, the user interface on their marketplace leaves much to be desired because it only has tags, and there are no advanced search parameters.
Though it’s decentralized and allows for rare NFTs that can’t be found anywhere else, KnownOrigin has poor search options and may only be good for those who already know what they’re looking for.