Selling Non-Fungible Tokens (NFTs) as an artist has never been easier, thanks to platforms like OpenSea. This step-by-step guide will teach you how to sell NFTs on OpenSea in a simple way!

What is an NFT?

An NFT is a unique digital item stored on a blockchain. It can represent almost anything, from digital art and music to domain names and memberships. As an artist, your NFT will typically consist of a piece of media (like an image or video), and what that media represents, such as ownership of the art.

Step 1: Prepare Your Necessities

Before you can sell an NFT on OpenSea, you’ll need an OpenSea account, Kriptomat app, and something unique and awesome to sell.

Step 2: Connect Your Kriptomat Web3 Wallet

Open your Kriptomat app and go to the Web3 section. Find and open OpenSea. Securely and and effortlessly connect Kriptomat Web3 Wallet and OpenSea with WalletConnect.

Step 3: List Your NFT for Sale

To list your NFT for sale, follow these simple steps:

1. Access Your OpenSea Account

Now that you are connected to OpenSea, go to your Account.

2. Choose Your NFT

Click on My collections, click on your collection, and select the NFT you wish to sell. If you don’t have an NFT yet, you can create one following our simple guide on how to create an NFT on OpenSea.

3. Initiate the Sale

On the item page, click on the List for sale button.

4. Set Your Sale Parameters

By default, the sale type is a Fixed Price sale, where you set the price for the NFT. However, you can also opt for a Timed auction.

5. Define the Duration

Choose a default duration for the listing or set a custom duration.

6. Confirm Your Sale

You’ll be asked to confirm. Once your listing is complete, you’ll see a pop-up confirmation.

7. View your active listings

You can view your active listings by navigating to your profile page and selecting More → Active listings.

Step 3: Understand the Fees

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.

Why Sell on OpenSea?

OpenSea offers a variety of ways to minimise costs while selling your NFTs. Their new protocol, Seaport, significantly lowers gas fees, and they eliminate the one-time setup fee to use their marketplace. OpenSea is compatible with several blockchains, giving you a choice of platforms with varying gas fees.

Conclusion

Before you set your price, research similar projects, connect with your community, and use analytics tools to guide you. Remember, you can sell almost anything as an NFT, as long as it doesn’t violate OpenSea’s Terms of Service. Happy selling!

Note on Accepting Offers

You may not be able to accept offers on NFTs for 3 hours after certain transfers or sales. This is to help OpenSea and the community better detect and report issues, like possible theft. You can bypass this hold period by using delegate.cash, an on-chain, decentralized registry which associates trusted wallets together.