The NFT ecosystem is vast and complex, spanning multiple blockchain networks and dozens of platforms. Navigating this exciting world can be overwhelming for both collectors and creators. To simplify your journey, we've compiled a list of the top NFT marketplaces based on user activity, sales volume, and popularity.
Key NFT Market Statistics
- OpenSea reported $14 billion in NFT trading volume in 2021 - a 64,600% increase from 2020
- Global NFT trading volume reached $49.7 billion in the first half of 2022
- This nearly equals the entire global art market value of $50.1 billion in 2021
Top NFT Marketplaces
1. OpenSea
Supported Blockchains: Ethereum, Polygon, Klaytn, Solana
Payment Methods: ETH/WETH, SOL, USDC, DAI, APE, Credit/Debit Cards
๐ Discover OpenSea's vast NFT collection
As the largest and most comprehensive NFT marketplace, OpenSea offers:
- 2.5% transaction fee
- Creator royalties (typically 2.5%-10%)
- Tools for collectors and creators
2. LooksRare
Supported Blockchain: Ethereum
Payment Methods: ETH/WETH
Key features:
- Community-focused platform
- 2% transaction fee (0.5% less than OpenSea)
- $LOOKS token rewards for active users
3. Nifty Gateway
Supported Blockchain: Ethereum
Payment Methods: Credit/Debit Cards, ETH, Gemini
Notable aspects:
- Curated digital art auctions
- 5% platform fee + 10% creator commission
- Managed wallet system
4. Magic Eden
Supported Blockchain: Solana
Payment Methods: SOL
Community highlights:
- Simple tools for creators
- 2% transaction fee
- Featured Solana collections
5. Solanart
Supported Blockchain: Solana
Payment Methods: SOL
Platform specifics:
- 3% transaction fee
- Focus on PFP and metaverse projects
- Application required for creators
6. AtomicHub
Supported Blockchain: WAX
Payment Methods: WAX
Features include:
- All-in-one WAX NFT solution
- 2% transaction fee
- Easy NFT creation without coding
7. Rarible
Supported Blockchains: Ethereum, Tezos, Polygon, Flow
Payment Methods: ETH/WETH, Credit/Debit Cards
๐ Explore Rarible's multi-chain marketplace
Key aspects:
- Rarible DAO governance
- 2% transaction fee
- $RARI token ecosystem
8. SuperRare
Supported Blockchain: Ethereum
Payment Methods: ETH/WETH
Exclusive features:
- Curated 1/1 NFT auctions
- 3% transaction fee + 15% primary sales commission
- $RARE governance token
9. Foundation
Supported Blockchain: Ethereum
Payment Methods: ETH
Platform details:
- Invite-only creator system
- 5% transaction fee
- 10% automatic creator royalties
10. Objkt
Supported Blockchain: Tezos
Payment Methods: XTZ
Notable characteristics:
- Tezos' largest marketplace
- 2.5% transaction fee
- Flexible creator royalties
FAQ Section
Q: Which NFT marketplace has the lowest fees?
A: LooksRare and Magic Eden currently offer the lowest transaction fees at 2%.
Q: Can I buy NFTs with credit cards?
A: Yes, OpenSea, Nifty Gateway, and Rarible support credit/debit card purchases.
Q: What's the difference between curated and open marketplaces?
A: Curated platforms like SuperRare have strict application processes, while open marketplaces allow anyone to create and sell NFTs.
Q: Which blockchain has the most NFT options?
A: Ethereum currently hosts the widest variety of NFT projects and marketplaces.
Q: How do creator royalties work?
A: Most platforms allow creators to earn 2.5%-10% on secondary sales, set when minting the NFT.
Q: What makes Solana NFT marketplaces different?
A: Solana-based platforms like Magic Eden offer faster transactions and lower fees compared to Ethereum.