OpenSea.io is the biggest NFT marketplace on the internet. With over 19 million different NFTs to choose from, many different categories and wallets supported, it is the best NFT marketplace out there. The commission fee is only 2.50%. If you don’t like high fees, there are three different blockchains to choose from.
ETH, POLYGON, KLAY
MetaMask, Coinbase, Trust, Portis, Fortmatic, Authereum, Bitski, Dapper, Kaikas, OperaTouch, Torus, WalletConnect, WalletLink, Venly
AtomicHub NFT marketplace Pros AtomicHub has very low fees when compared to other NFT marketplaces. You can start creating NFTs easily, you just need a WAX token which you can get on any major exchange. You can create the first few NFTs for free, however, you’ll need to buy WAX tokens if you want to
WAX Cloud Wallet, Anchor, Scatter, Wombat
Art Blocks is a special kind of NFT collection where users can choose a style that they like, pay for it, and the art will be randomly generated according to the chosen style. Basically, the creator will code an algorithm and deploy it on the Ethereum block. During the minting process, the image will be generated and created on spot. Some of the items generated in this collection sold for a crazy price, for example, “Fidenza #313” sold for approx. $3.3 Million.
NFTrade supports a wide variety of blockchains such as Ethereum, Binance smart chain, Polygon, and Avalanche. They are currently offering zero percent fees for everyone who wants to sell or buy their NFTs. They are still new, but considering they support 4 different blockchains, we can expect them to grow soon.
ETH, POLYGON, BSC, AVAX
ETH, POLYGON, AVAX, BNB
MakersPlace is another Ethereum based marketplace. The key difference between this marketplace and the others is that you can use PayPal to purchase NFTs on MakersPlace. This is ideal for users who are new to the NFT and Crypto world. They also support hardware wallet Ledger that can store your digital assets offline.
ETH, FIAT (PayPal)
Any Ethereum WEB3 wallet
SuperRare is an NFT marketplace based on the Ethereum blockchain. In order to sell your art on this marketplace, you’ll have to be approved by the SuperRare moderator team. It’s hard to get in, but because of that most of the art posted is super good. Their main focus is on scarcity rather than flooding the market.
$120.01 Million +
MetaMask, Formatic, WalletConnect
Foundation is one of the first marketplaces to allow the creators to mint their NFTs in 3D space. Even though it was released after most other marketplaces in this list, the creators were already able to make over $100 mil. It’s based on Ethereum blockchain and the fees are 15.00%
Rarible is Ethereum based NFT marketplace that was founded in 2019. It has more than 10 different categories and a low commission fee of 2.50%. It supports plenty of different wallets. It has a high total sale volume when compared to the number of NFTs available on this market.
MetaMask, Torus, WalletConnect, Portis, Coinbase, MyEtherWallet, Fortmatic
NFT Marketplace is an online market where people can sell, exchange or purchase different NFT items. Whether those items are art, virtual worlds, collections, in-game items, or something else, as long as it’s a Non-Fungible Token, you can obtain it there.
There are a lot of different marketplaces available on the internet, so we have decided to provide you a list of the best NFT marketplaces carefully chosen by us. We’ll slowly guide you through our process of how we choose the best ones for our list.
If you take a look at our table above, you’ll notice that there is over 19 million NFT art on the OpenSea.io marketplace alone. Some of these items are available on multiple marketplaces, not just one, but that doesn’t mean it’s a duplicate. Each NFT item is unique and cannot be faked.
There are over 20 million NFT art items published on different marketplaces. If you are an artist who is looking to sell his art, take a look at our How to create your own NFT guide.
Most artists and creators will choose their desired marketplace on several different factors, and here are some of them:
Based on those questions we have created the table that will help you choose the best NFT marketplace overall. If you are unsure which wallet to use, take a look at our “Best NFT wallets” ranking.
Before you choose where you are going to purchase or sell your NFT, you should first take a look at our table and see how high the fees are on marketplaces.
That being said, certain marketplaces can have small fees, but a low number of users as well. This is why it’s important to take a look at all criteria when you are trying to find the best NFT marketplaces.
So what are these marketplace fees, anyway?
NFT Marketplace fees almost always occur during the minting process, and also when you sell your art. The minting process is when your digital item actually becomes an NFT on the blockchain.
In order to put your art on the blockchain, you have to pay for the transaction, also called “gas” fees. Transaction fees are volatile and sometimes they can make the minting process expensive.
Some marketplaces like OpenSea have so-called “Lazy minting” where your art will not become an actual NFT until you have sold it. When someone purchases your item, OpenSea will mint it. This is a great way to save some money as you won’t need to pay for each NFT you put on the marketplace.
Other than the minting process, you will also have to pay a small fee to the marketplace for providing you the platform where you can sell your work. These fees range from 0% (Yes, even that’s possible) to 15%.
Some marketplaces only have commission fees, some have buyers fees, and some have both.
The commission fees are paid by the seller once he has sold the NFT. For example, if the fee is 2.5% and the art sold for 100$, the seller will get 97.5$ revenue, while the marketplace gets 2.5$.
The buyer fees are paid by the buyer once he has paid for the NFT he wants to buy. For example, if the fee is 2.5% and the original price is 100$, the buyer will have to pay 102.5$.
Some marketplaces have also made it possible for the creators to earn money even when their art is re-sold later on. Another name for these types of fees is secondary fees or royalties.
For example, OpenSea allows you to set a fee of up to 10% for your original work. All you have to do is to specify your digital wallet address and how high the fee will be.
Each time someone sells your art, you’ll get your royalty fee. It’s important to note that private sales and gifting do not include the royalty fee. This means that if someone buys an NFT from you and then gifts it to his friend, you won’t get a royalty fee.
When we talk about NFTs, most people will focus only on image and video art, but what other categories are there? Here are some of the most common NFT categories on marketplaces:
There are probably even more different NFT categories, but those listed above are the most common ones. You should double-check if the marketplace you want to sell on has the category in which you plan to create the NFT.
The number of categories is one of the important criteria when we choose the best NFT marketplaces as well. The more categories a marketplace has, the more different types of artists can join. More artists mean more money in the marketplace, which also increases the chance that you will sell your art.
Now, let’s go through each NFT category and see what it actually is.
Some of the most common items on all of the NFT marketplaces are images. Images can be digitally drawn, even by using Artificial Intelligence (AI) or hand-drawn and then photographed.
You can find the image category on all of the listed marketplaces, but we’ve noticed that the Foundation marketplace probably has the best categorization called “Worlds”. Worlds category has 17 different sub-categories:
NFT Images are a great opportunity for new upcoming artists who can make some money because of the increased exposure. Some of them have become popular overnight and when we compare it to the “real world” it was basically impossible for unknown artists to make millions of dollars, but with NFT that has changed.
Some artists will also ship a physical product if you purchase their NFT, make sure you read the description of each item listed in the marketplace. The price ranges from a couple of dollars to over several million dollars, there is enough art for everyone.
A lesser-known category of NFT art is music, but it’s also present in several different marketplaces. Just as with images, this type of NFT has also made it possible for the upcoming artists to make some money without a big following on social media.
That being said, it doesn’t mean these artists don’t promote NFT projects they made. It provides a unique opportunity for the collectors to “hold” the song in their wallet and if that artist becomes popular, they’ll be able to resell that NFT for a great value.
One of the NFT use cases with music is the opportunity to earn a royalty fee when you own the song. Of course, this has to be a part of the deal and programmed into the NFT, depending on if the artist decides to do it.
Basically, all you have to do is buy their NFT and you’ll get a share of the royalty they usually get when the song is played on the radio or online streaming platforms. This type of money-making opportunity is still being developed, but there are already some NFT Music projects doing it.
NFT Videos are perhaps the main reason why NFTs have gained so much media attention lately. It all started when Rodriguez-Fraile sold an art piece for $6.6 Million. This art was made by famous artist Beeple and sold for $67,000 to Rodriguez. Rodriguez then sold it later for this enormous amount.
Soon after that, we heard about “LeBron James dunk” NFT selling for a whopping $208,000. As if that wasn’t enough, we then heard about Grimes selling her NFT art for a total of $6 Million and that’s when the NFT marketplace has skyrocketed.
People heard about it and wanted to get in. Soon everybody was purchasing all kinds of different NFTs, from video to collections.
Videos most usually have sound built-in and you can find this category on most major NFT marketplaces. They come in all kinds of duration, from short 10 second clips like that one Beeple has made, to those over a couple of minutes.
Once NFT videos made it to the media, something else has also caught an eye from the people in NFT space, and those are collections. Collections come in various shapes and formats, but the most known ones are image collections such as CryptoPunks.
Basically, a collection will have a certain number of collectibles in it, for example, 10000. Each of these 10000 NFTSs is unique and can have its own special traits. If we take the CryptoPunks for example, these are their traits:
Collections can have multiple traits and some of them are ultra-rare, which then increases the price of that collection item. Some of the collections like CryptoPunks are randomly generated, while others are separately drawn and don’t have to look similar to each other. Artists decide what the collection structure will look like.
CryptoPunks is the most valuable collection by market cap, however, there is plenty of other NFT Projects worth a mention:
You can see how much media attention collections got based on the fact that even the most popular credit card company, Visa, bought a CryptoPunk for $150,000. Visa said they believe this is a “new chapter” in digital commerce, and we have to agree.
Other big “players” like NBA have started their own NFT stores with items related to their brand. For example, NBA has made it possible to collect different players and their most important moments as a video NFT.
Even though there is a lot of money in the NFT marketplace, we believe this is just the start of it. NFT has many different use cases and there are many more coming.
Animations are very similar to videos, but they are drawn, not recorded. This is also one of the most popular categories available on the marketplaces. For example, the second most valuable collection “Art Blocks” mostly consists of animations, which alone is a strong enough indicator of animation popularity in the NFT world.
They can come as a stand-alone item or they can be a part of a collection. One of the earliest YouTube sensations known as “Nyan Cat” is also available as an NFT and it’s an animation. The artist has since made several modified Nyan Cats which are all a part of the same collection. You can see the collection comparison down below
It may not be the most popular category, but it’s definitely one of the most interesting ones. There are a bunch of different NFT virtual world projects available today, so let’s shortly explain what they are.
Virtual worlds are basically games where people from all over the world can interact with each other. These virtual worlds come with different features and possibilities, some even made it possible to join with a virtual headset (VR). Now how does NFT fit into these worlds
For example, Decentraland has made it possible to buy virtual property inside of their virtual world game. You can purchase that property as an NFT and hold on to it forever. Once you purchase it, you are the owner of that piece of land in the game and you can build on it.
Other than that, there are also wearable NFT items that players can purchase on the marketplace. Since NFTs are unique, that means each player can get something only he has in the whole game, which is kinda cool.
Once you purchase a property in a virtual world, you can also trade it with other players. To make it even more interesting, ATARI has recently purchased land inside of Decentraland and made a casino where everyone can try their luck.
There are plenty of other virtual worlds available, so make sure you check out our Top NFT Virtual Worlds ranking.
Before the blockchain, if you wanted to purchase a domain, you’d have to do it through one of two methods:
Both of these methods involve a centralized authority who can censor you or your website. Luckily, in 2008. a person who is known by his pseudonym “Satoshi Nakamoto” introduced the concept of blockchain. Later on, we got our first domains on the blockchain network.
What is the difference between ICANN/DNS domains and Blockchain domains? Blockchain domains are fully decentralized.
Other than using a blockchain domain for your website, you can also use it to shorten your public wallet address to something as simple as “yourwallet.crypto”.
Certain companies like Unstoppable Domains provide a service where a person can register his own blockchain domain with extensions such as:
The best thing about blockchain domains is that once you purchase them, there are no renewal fees. Since most of such domains cost more than .com or similar popular domains, it’s no wonder, because once you purchase them, they are yours forever.
NFT Domains are actually blockchain domains, but other than the use-cases we have mentioned, they can also be traded as a collectible. You can find them on some of the marketplaces we have mentioned above. Once you purchase such NFT, you’ll have the access to the domain as well.
NFT could not remain as art forever, there had to be another use that would make the decentralized marketplaces worth the hype, and that’s when utilities came.
So what is an NFT utility? Basically, utilities provide the owners of a certain NFT with extra stuff. As with everything, utilities come in different shapes and sizes as well. Some examples of utilities are:
Let’s take the ticket example. We have previously mentioned the NBA Top Shot collection, and they were one of the first sellers to provide a real-life utility in a shape of a ticket. It was not just any ticket, but a ticket for game 5 of the NBA finals.
8 lucky winners that had previously bought something from the NBA Top Shot collection were drawn and each one got their tickets for the finals. Perhaps we can see this more often in the future when artists can give out concert tickets to those who buy their NFT.
Airdrops are also one of the utility use cases that often happen. In most cases, a person will have to buy a certain NFT and that will enable them to join the airdrop of some token and that airdrop is hosted only for the collectors.
Communities are on the rise as well. Once the person purchases an NFT from the artist collection, he’ll often get access to a private community which is most usually hosted on a Discord server.
There are a bunch of different use-cases for NFT, and sportswear giant “Nike” has even patented one way to verify their sneakers authenticity by using blockchain technology and NFT.
The first trading cards exist as far as the 1860s, and they have remained a hobby for millions of people around the world. It started with baseball cards, then football, and finally all kinds of different trading cards were available.
What’s special about trading cards is that they are all unique and printed in limited editions. This is exactly where NFT comes in handy. You can’t fake an NFT, and it doesn’t deteriorate over time.
Perhaps NFT marketplaces are where we will see the new baseball trading cards. One thing is certain, NFT and the blockchain can surely improve the way trading cards can be traded amongst people and reduce the risks associated with this process.
Other than collection purposes, trading cards also come in a shape of a playing card as well. For example, the Mythereum project has created two unique trading card editions packs. Players can collect, build a deck out of the cards, and challenge other players.
Each Mythereum card has got certain attributes such as:
Once the player has purchased enough cards on the NFT marketplace, they can combine them into a deck and play against other players on their website.
These decks are limited edition, which means that once they are sold out, people will be able to obtain the cards only by trading with other players.
This is just one of many projects like that. Trading cards are a big part of the best NFT marketplaces and one of the most common categories. Many of the trading card game projects are “in progress”, while the users can purchase cards and wait for the game release.
This NFT Marketplace category includes a wide variety of items. You can find sport-related collectibles, different racing games like Zed Run or Revv Racing, sports kits, clips, and even autographs.
For example, if you want to feel special in a game like Revv Racing, you can purchase an NFT car on a marketplace and use it in-game. These limited edition items cannot be purchased anywhere else than on the NFT marketplace, and the same goes with the Zed Run racing game.
As for the sports kits, NFTs can help you purchase the sports kits directly from your favorite athletes instead of using a middleman. The same goes with autographs, athletes can send you an autograph once you purchase an NFT.
Sports have one more sub-category known as trading cards. Some marketplaces have these two as a separate category, while others create sub-categories.
Basically, baseball, basketball, or any other sport trading cards would fit into this category.
Most of the NFT marketplaces are mainly on the Ethereum blockchain, however, during this year we have seen how even ETH doesn’t have an answer to the scalability issue.
The big increase in the NFT world has resulted in very high transaction fees and made the purchase of cheap NFTs nearly impossible if you are using ETH since the transaction fees would often be higher than the art itself.
To resolve this issue, many of the best NFT marketplaces have decided to implement other blockchains as well. The most common blockchains used on NFT marketplaces are:
If a marketplace has more than just one blockchain, sellers will decide on their own which blockchain they want to publish their NFT on.
Since the users are more willing to purchase when there are no transaction fees involved, we expect more artists to move to other blockchains, both the creators and the buyers.
For NFT sellers and buyers, there is almost no difference. In most NFT marketplaces you’ll be able to use the cryptocurrency of your choice to purchase or to receive the money from a sale.
However, a smaller number of marketplaces require the users to purchase and receive payment in the token that’s native for that blockchain.
For example, that would mean that on a Tezos blockchain, you’d have to use an XTZ token to purchase an NFT or to receive a payment if you are a seller. Since there are so many exchanges today, you can exchange that token for some that you like.
As the blockchain improves over time and NFT gains more popularity, we can expect much lower transaction fees and more tokens supported on the best NFT marketplaces.
Until that moment, we give advantage to those marketplaces with more tokens supported because nobody likes the high ETH transaction fees.
In order to collect different NFTs, you’ll need a digital wallet that supports them. Not every wallet that can hold cryptocurrencies is compatible with NFT, so make sure you verify that your wallet supports these types of tokens.
If you are in a rush and you want to find out what are the Top 10 NFT Wallets, make sure you check our ranking page.
Obviously, the more wallets the NFT marketplace accepts, the better. Nobody likes having things all over the place, and the same applies to wallets. It can get hard overtime to keep track of all the different wallets you have.
That being said, there are some wallets that support both cryptocurrencies and NFTs, which is ideal if you are into both of these worlds.
This criterion is also very important when we are selecting the best NFT marketplaces. Some marketplaces have up to 14 different wallets supported, while others may have only 2 options.
Most marketplaces we have reviewed support MetaMask wallet with the exception of AtomicHub that runs on the WAX token and Hic Et Nunc marketplace. What other wallets can you use on the best NFT marketplaces?
There are plenty of other digital wallets that you can use to store NFTs. If you want to store it all in one wallet, make sure you check our table at the start of this article to see which marketplaces support which wallets.
There are also hardware wallets that support NFTs. Such wallets have an additional layer of security that will protect you from attackers. Hardware wallets supporting NFTs are:
We are sure this list will expand in the future, but in case you own any of these, you can feel free to store your NFT on them.
Each blockchain has its own standards, if you want to know more about NFT Standards, check out NFT University guides.
When you are sending NFT to your wallet, first make sure to check which standard it operates on. For example, Ethereum standards that support NFTs are ERC721, ERC998, and ERC1155.
In case you were wondering how the best NFT marketplaces make money, we will break it down for you. There are multiple ways in which the marketplaces are able to generate revenue:
Let’s start with the first one and that’s the listing fee, also known as the minting fee. Some NFT marketplaces will charge users to post their art on the marketplace. Once the marketplace adds your digital work to the blockchain, a process called “minting” will happen.
Once you pay for the minting process fee, your digital work will be posted on the blockchain and you’ll have an NFT that you can sell, trade, auction or do whatever you want with it.
Certain marketplaces like the biggest one, OpenSea, have implemented the previously mentioned “Lazy-minting”. This type of minting process saves creators money as it won’t mint the NFT until you have successfully sold it.
The minting process consists of two different fees, gas fees, and marketplace service fees.
Gas fees depend on which blockchain you are trying to post your NFT. As previously mentioned, there are several different blockchains that are supported on marketplaces.
Ethereum is one of those blockchains, but it has scalability issues. What used to be a theory, turned out to be true once NFT became popular. Since the minting process requires one transaction, the Ethereum blockchain got clogged at a certain point and the transaction fees skyrocketed.
Ethereum was the first blockchain supporting NFTs, but since the scalability problem was discovered, other blockchains have seized the opportunity to implement their own NFT standards.
The main difference is that other blockchains have way smaller gas fees when compared to ETH.
This part of the minting process cost is related to the blockchain, and not the marketplace. That being said, NFT Marketplaces cannot profit from gas fees, if anything, it hurts them in the long run.
This part of the minting process cost is related to the blockchain, and not the marketplace. That being said, NFT Marketplaces cannot profit from gas fees, if anything, it hurts them in the long run.