can i sell nft on binance

With Binance, you can effortlessly sell your NFTs in the vibrant cryptocurrency exchange sphere, joining the growing community of digital asset enthusiasts.

Oct 28, 2024 at 05:14 am

Can I Sell NFTs on Binance?

Yes, you can sell NFTs on Binance. Binance is one of the world's leading cryptocurrency exchanges and offers a variety of features for buying, selling, and trading NFTs.

Here's how to sell an NFT on Binance:

1. Create a Binance account and verify your identity.
2. Deposit NFTs into your Binance wallet.
3. Go to the Binance NFT marketplace.
4. Click on the "Sell" button.
5. Set a price for your NFT.
6. Choose how you want to receive payment (BNB, BUSD, or ETH).
7. Click on the "Sell NFT" button.

Here are some things to keep in mind when selling NFTs on Binance:

• Binance charges a 5% fee on all NFT sales.
• You can only sell NFTs that are stored in your Binance wallet.
• The minimum price for an NFT is 0.001 BNB.
• The maximum price for an NFT is 1,000,000 BNB.

Here are the steps of the selling process in more detail:

1. Create a Binance account and verify your identity. If you don't already have a Binance account, you can create one by visiting the Binance website. Once you have created an account, you will need to verify your identity by providing a government-issued ID and a selfie.
2. Deposit NFTs into your Binance wallet. You can deposit NFTs into your Binance wallet by clicking on the "Deposit" button in the Binance NFT marketplace. You will then need to select the NFT you want to deposit and click on the "Confirm" button.
3. Go to the Binance NFT marketplace. To go to the Binance NFT marketplace, click on the "NFT" tab in the Binance navigation bar.
4. Click on the "Sell" button. Once you are in the Binance NFT marketplace, click on the "Sell" button.
5. Set a price for your NFT. You can set a price for your NFT by entering the desired price in the "Price" field. You can also choose to sell your NFT for a fixed price or for a reserve price.
6. Choose how you want to receive payment. You can choose to receive payment for your NFT in BNB, BUSD, or ETH.
7. Click on the "Sell NFT" button. Once you have set a price and chosen a payment method, click on the "Sell NFT" button.

Your NFT will now be listed for sale on the Binance NFT marketplace. You can track the progress of your sale by clicking on the "My NFTs" tab in the Binance NFT marketplace.