How to sell NFT art on OpenSea as an artist | A simple guide (2024)

FAQs

How to sell NFT art on OpenSea as an artist | A simple guide? ›

Typically, OpenSea receives a 2.5% fee on secondary sales and between a 2.5% and 10% fee on mints from primary drops. The seller is responsible for bearing the OpenSea fee. The buyer is responsible for paying the item price, a portion of which is received by OpenSea as its fee.

Typically, OpenSea receives a 2.5% fee on secondary sales and between a 2.5% and 10% fee on mints from primary drops. The seller is responsible for bearing the OpenSea fee. The buyer is responsible for paying the item price, a portion of which is received by OpenSea as its fee.

Instant Sell

Navigate to the collection page for the NFT you wish to sell. Look for a prominent button before the first displayed NFT that says "Instant sell for." Select the NFT you want to sell instantly by checking the checkbox next to it.

In some cases, NFT art can be more profitable because the artist can set the commission percentage. Unlike traditional art, it can be resold with the artist earning a royalty each time. Some of the other notable differences include: Storage: Traditional physical art requires storage space.

Selling an NFT on OpenSea involves some fees. Buyers pay gas fees when purchasing a fixed-price item, and sellers pay gas fees when accepting offers. OpenSea also receives 2.5% of the sale price of your NFT.

It's perfectly reasonable for artists to start selling NFTs at a couple hundred dollars and see where that takes them. As an emerging artist, it's always better to start lower and then raise your prices rather than starting high and having to lower them. The idea is to build loyalty and create interest.

What happens when someone buys your NFT on OpenSea? You get the NFT to your wallet (whatever wallet you are using) and the Money (mainly Ethereum) leaves your wallet.

Why is it so hard to sell an NFT? ›

Most people interested in creating and selling NFTs are digital creatives. So in short: Yes, it is hard to sell an NFT unless you already have an audience. As with anything, you need to find your buyers, and they don't come just because you uploaded something on a marketplace or website.

Selling an NFT is pretty straightforward. Most NFT marketplaces let you sell these digital assets with just a few clicks. On the other hand, getting a good price can be challenging.

So you sold your NFT; now, you might be wondering how to convert the crypto you have earned to cash. You will have to send the crypto from your wallet to your account on the cryptocurrency exchange you're using (such as Coinbase, Binance, Crypto.com, Kraken, etc.).

Selling an NFT is pretty straightforward. Most NFT marketplaces let you sell these digital assets with just a few clicks. On the other hand, getting a good price can be challenging. NFT prices usually relate to creativity, quality, the market as a whole, and your reputation among potential buyers.

To withdraw the proceeds of the sale, head to USD (or your local currency). Enter the amount you'd like to withdraw in the Cash out tab. You'll be asked to Select a destination for your funds, and review any fees that may be applied to this withdrawal.