How to sell NFTs on Bybit?

List your NFT on Bybit’s marketplace by connecting a compatible wallet, choosing a pricing model, and paying a 2.5% fee on successful sales.

Aug 07, 2025 at 10:39 am

Understanding NFTs and Bybit’s NFT Marketplace

NFTs, or Non-Fungible Tokens, are unique digital assets verified using blockchain technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, each NFT has distinct properties and cannot be exchanged on a one-to-one basis. Bybit, primarily known as a cryptocurrency derivatives exchange, has expanded its ecosystem to include an NFT marketplace, allowing users to trade digital collectibles, art, and other blockchain-based assets.

The Bybit NFT Marketplace operates on multiple blockchains, including Ethereum and Binance Smart Chain, enabling broader accessibility and lower transaction fees. To sell NFTs on Bybit, users must first ensure their NFT is compatible with the supported networks. Most NFTs listed on Bybit are in the ERC-721 or BEP-721 standards. If your NFT resides on a different chain or standard, it may need to be bridged or minted again to meet the platform’s requirements.

Access to the marketplace is integrated directly into the Bybit platform. Users can navigate to the NFT section via the main menu after logging into their Bybit account. No separate registration is needed, as your existing Bybit wallet is used to manage NFT transactions.

Preparing Your NFT for Sale

Before listing an NFT, ensure it is properly stored in a compatible wallet connected to Bybit. The most common method involves connecting a Web3 wallet such as MetaMask or Trust Wallet. Here’s how to prepare:

• Confirm that your NFT is held in a wallet that supports EVM-compatible chains.
• Make sure the wallet is funded with enough native cryptocurrency (e.g., ETH or BNB) to cover listing and potential gas fees.
• Visit the Bybit NFT Marketplace and click on the "Connect Wallet" button in the top-right corner.
• Select your wallet provider and approve the connection request in your wallet app.
• Once connected, your NFT holdings will be displayed under the "My NFTs" tab.

If your NFT does not appear, double-check the blockchain network your wallet is currently set to. Switch to the correct network—Ethereum Mainnet or BNB Smart Chain—as needed. Some NFTs may also require manual import by entering the contract address and token ID in the wallet interface.

Creating a Listing on Bybit NFT Marketplace

After connecting your wallet and verifying your NFT ownership, you can proceed to list your asset. The process is straightforward but requires attention to detail.

• Navigate to the "My NFTs" section in the Bybit NFT marketplace.
• Locate the NFT you wish to sell and click on the "List" button.
• Choose your preferred pricing model: Fixed Price or Auction.
  • For Fixed Price, enter the exact amount you want to sell the NFT for, denominated in USDT or ETH.
  • For Auction, set a starting bid, reserve price (optional), and auction duration (typically 1 to 7 days).
• Review the transaction details, including platform fees (Bybit charges a 2.5% commission on successful sales) and estimated gas fees.
• Click "List NFT" and confirm the transaction in your connected wallet.

Once confirmed, the listing will go live after blockchain confirmation, which may take a few seconds to minutes depending on network congestion. You can view active listings under the "Listings" tab in your profile.

Managing Your Active Listings

After listing your NFT, you retain control over the sale until a buyer completes the purchase. Bybit allows sellers to manage their listings dynamically.

• To edit the price, go to the "Listings" tab and select "Modify Price". Enter the new amount and confirm the change via your wallet.
• To cancel a listing, click "Cancel Listing" and approve the transaction. This removes the NFT from the marketplace but keeps it in your wallet.
• During an auction, you can monitor bids in real time. If the reserve price is not met, you are not obligated to sell.
• If a buy now option is enabled on an auction listing, a buyer can purchase the NFT immediately at the stated price, ending the auction prematurely.

Notifications are sent via the Bybit app or email when a bid is placed or a sale is completed. Ensure your notification settings are enabled to stay updated.

Completing the Sale and Receiving Funds

When a buyer purchases your NFT, the transaction is processed automatically through smart contracts. The process unfolds as follows:

• The buyer’s payment is held in escrow until the NFT is transferred.
• The NFT ownership is transferred to the buyer’s wallet via blockchain transaction.
• Bybit deducts its 2.5% service fee from the sale amount.
• The remaining funds are credited to your Bybit account balance in the selected currency (e.g., USDT).
• You can withdraw the proceeds to your external wallet or use them for trading on Bybit.

Funds typically appear in your account within minutes after the sale is confirmed on the blockchain. Check the Transaction History in your NFT dashboard for detailed records. Gas fees paid during listing are non-refundable, even if the NFT does not sell.

Troubleshooting Common Issues

Users may encounter obstacles during the listing or selling process. Here are solutions to frequent problems:

• NFT not showing in "My NFTs": Ensure your wallet is on the correct network and the NFT contract is supported. Manually add the token using its contract address if necessary.
• Transaction stuck or failed: High network congestion or insufficient gas fees can cause delays. Check the blockchain explorer using the transaction hash to monitor status. You may need to speed up or cancel the transaction via your wallet.
• Listing not visible to buyers: It may take up to 5 minutes for the listing to appear in search results. Clear your browser cache or try accessing from a different device.
• Unauthorized wallet connection requests: Never approve connections from suspicious sites. Always verify the URL is https://nft.bybit.com before connecting.

For persistent issues, contact Bybit Support through the in-app help center, providing your wallet address and transaction details.

Frequently Asked Questions

Can I list an NFT purchased on another marketplace on Bybit?

Yes, as long as the NFT is on a supported blockchain (Ethereum or BNB Smart Chain) and held in a compatible wallet. Connect your wallet to Bybit and follow the listing process.

What happens if my NFT sells during an auction?

The highest bidder wins if the reserve price is met. You receive the final bid amount minus Bybit’s 2.5% fee. The NFT is automatically transferred to the winner’s wallet.

Are there any hidden fees besides the 2.5% commission?

No hidden fees are charged by Bybit. However, gas fees apply during listing and cancellation, paid directly to the blockchain network, not Bybit.

Can I list multiple NFTs at once?

Currently, Bybit requires individual listing for each NFT. Batch listing is not supported. You must repeat the listing process for each asset you wish to sell.