how to sell nft on opensea without paying gas

Selling NFTs on OpenSea without paying gas fees is possible with Lazy Minting, allowing sellers to save money and streamline the NFT creation and listing process.

Oct 23, 2024 at 09:06 am

How to Sell NFTs on OpenSea Without Paying Gas Fees

Selling NFTs (Non-Fungible Tokens) on OpenSea typically requires paying gas fees for blockchain transactions. However, there is a way to bypass these fees and save money. Here's a step-by-step guide on how to sell NFTs on OpenSea without paying gas:

1. Install Metamask Wallet:
   Install the MetaMask browser extension or mobile app and create an account.
2. Set Up Lazy Minting:
   Go to OpenSea's website and connect your MetaMask wallet. Click on your profile icon and select "Settings" > "Selling" > "Lazy Minting." Enable the "Lazy Minting" option.
3. Create Your NFT:
   Upload your NFT image, video, or 3D model to OpenSea. Be sure to enter a title, description, and other details.
4. Add to Collection:
   Add your NFT to a collection or create a new one. Collections help organize and group your NFTs.
5. Sell Your NFT:
   Click on the "Sell" button and set a listing price. Lazy Minting will automatically create a "Fixed Price" sale, where the buyer pays the gas fee instead of you.
6. Promote Your NFT:
   Share your NFT listing on social media and other platforms to attract potential buyers.
7. Sale Notification:
   When someone purchases your NFT, you will receive a notification in your MetaMask wallet. You can then verify the sale on OpenSea.
8. Withdrawal of Funds:
   After the sale, the funds will be transferred to your MetaMask wallet minus a small transaction fee charged by OpenSea.

Benefits of Using Lazy Minting:

• No gas fees: Sellers do not pay gas fees to create or list their NFTs.
• Faster sales: Lazy Minting can speed up the NFT creation and listing process.
• Seamless buyer experience: Buyers don't have to pay gas fees upfront, making it easier for them to purchase NFTs.

Limitations of Lazy Minting:

• Higher transaction fees for buyers: Buyers will have to pay the gas fees when purchasing NFTs listed through Lazy Minting.
• Potential for scams: Some malicious sellers may leverage Lazy Minting to create fraudulent NFTs or never deliver the actual NFT after a sale.