I would select the name that works on ENS. Buyers pay the gas fees when purchasing a fixed-price item, and sellers pay the gas fees when accepting offers in a timed auction. It even earned us a viral tweet which ended up on Bloomberg. 4. Selling an NFT on Opensea is easy. This has to be done once per collection. hugo.eth, an ENS name. Feel free to explore all of the options: fixed price sales, English auctions, Dutch auctions, private auctions, bundles. 5. Then I chose Metamask. Find the domain you'd like to sell and click on it. Navigate to opensea.io and click the Profile icon. Complete the following information for the "List item for sale" page and then click Complete Listing. Add your collection logo, description, banner, and social media links. Mint that image . While it is not the only way to do this, its guided process minimizes the potential for errors. This is select the first item you want to transfer and also allow you to highlight additional NFTs that you want to transfer. How to Sell an NFT on Opensea 1. A community hub for Ethereum Name Service discussion and domain commerce. ENS domains can be bought and sold on secondary markets. OpenSea has a simple and user-friendly creation process that allows you to create collections that stand out. Well there is one and it is native to that system. Polygon does not attract those same gas fees, which can cost as much as $100 for a small adjustment or purchase. The other reason you might want to do via OpenSea is that their transfer feature also allows you to transfer multiple NFTs in bulk and potentially save on OpenSea gas fees. That said, make sure your crypto wallet is accessible on your mobile device, otherwise, this option wont work. If you've never logged into Opensea before, don't worry, your wallet acts as your account. And finally, the third and last reason why you might want to transfer an NFT manually is if you decide to gift an NFT to another person. Creating NFTs on OpenSea is easy to do. Connect to OpenSea Let's connect your wallet to OpenSea and edit your profile so you're ready to begin interacting on our platform. There are a number of reasons why you might want to transfer NFT from OpenSea to another wallet. Click the pop-out window icon to see more options. You only have to ensure that your wallet is connected. To maximize profits and lower your transaction costs, considering using the Polygon blockchain instead of Ethereum. Competition is high in this area, so its important that you spend plenty of time analyzing the market and understanding where the demand lies. CLICK HERE TO LEARN MY STORY. NFTs are written in a programming language called Solidity, the Smart Contracts are stored on the blockchain, and the NFTs are minted from them. It also features a Community-Help channel and a self-promotion channel, which anyone can join and discuss their ideas. You will be asked to sign and confirm the transaction and pay the necessary gas fee. The Ethereum Name Service (ENS) is auctioning short (3-6 character) names that can be used for labeling wallet addresses and more. First of all, I need to approve the permission for the collection. Did you know that if you make a private sale on Opensea you dont have to pay the fees, which can in some cases amount up to 12.5% (10% for the artist and 2.5% for Opensea). To save money on gas fees, try transacting early in the morning or late in the evening when the network isnt as active. If you do these things continuously, it will cost you a lot of money. One of the biggest reasons people dont earn much from the sale or acquisition of their NFTs is the high gas fees associated with transacting on the Ethereum Blockchain, which is the default option in OpenSea. New Web3 Internet! A little background us: OpenSea is a decentralized marketplace for ERC721 assets. The most common reason has to do with security concerns. On the top right of the item page, click List for sale. This means that once you log in, all of the NFTs you hold in your wallet (assuming they are compatible with Opensea) will appear in your Profile. Transaction completed. Following are some basic steps to successfully sell your first NFT. and our Well, you might want to sell an NFT to your friend at a discount and not have someone snipe it on the open market, but there are also other benefits to this. Running your item sale on OpenSea this way is actually really simple. Opensea only supports Arbitrum, Ethereum, Klaytn, Polygon, Optimism, and Solana NFTs. Note that If you want to cancel the listing, you will have to pay a gas fee. My aim is to plant trees under whose shade I do not intend to sit. Then, tap the NFT that you want to list on Opensea. Additionally, Opensea takes 2.5% of every sale. If the name isnt on sale, you can still make an offer on it by clicking Make offer. You can find it by navigating to your account page and searching for it by name. CEO @ZenGo. For the first time sellers who are first-time sellers, you will be subject to a one-time fee for gas. Here, you'll be prompted to choose the price, type of auction, and other preferences. Someone made an offer on it and in order to accept the offer, I need to pay a ton of fees (0.033407ETH), which is crazy, bc I initially paid a ton of fees to even list it for sale to begin with. Double-check that the wallet you connected is the wallet that contains the NFTs youre trying to sell. He came up with that idea above which i thought was genius. You can also sell NFTs inbundles. Choose your listing price and the type of sale. Ethereum Name Service (ENS) domains are secure domain names for the decentralized world. Find the domain you'd like to sell and click on it. Buyers in a Dutch auction can purchase the item at the current auction price or make an offer at any time. As the seller, you also set the number of days the auction will run. Christian is the Founder of TokenizedHQ.com, with. When I sell domain names, as a seller I pay $0. NFT on Opensea Step 2: Click Sell in the top right-hand corner. There are no fees on OpenSea, and the minimum investment required is just $1. You can also select which blockchain will be used by default. ENS' primary role is mapping easy-to-remember domain names like Josiah.eth to computer-readable identifiers like 0xGk3w84KQ. Sign the transaction with your wallet and now your domain should be for sale now! Consumer interest drives the value of an NFT, just as it does for pieces in a physical art collection. When you purchase an NFT on OpenSea, you are asked to click a checkbox that confirms that you have read our terms of service and have done your research into the origin of the NFT. It may be in the Hidden section so check there. ENS domains provide a way for users to map human readable names to blockchain and non-blockchain resources, like Ethereum addresses, IPFS hashes, or website URLs. of Ethereum Name Service (ENS) domains are secure domain names for the decentralized world. Transferring an NFT requires gas and may cost anywhere between $1-20 per token. All Rights Reserved. 4. 0949.eth, an ENS name. Your crypto wallet acts as your private key, which allows you to interact with decentralized apps, buy NFTs, and navigate the web3 universe. Another reason for using the OpenSea Transfer NFT feature is when you complete an off-site deal (i.e. Check the transaction in Metamask and click Sign. ENS domains provide a way for users to map human readable names to blockchain and non-blockchain resources, like Ethereum addresses, IPFS hashes, or website URLs. No gas was required in the creation of this site. To bid, you must use the ENS Short Name schema: const { tokenId, // Token address should be `0xfac7bea255a6990f749363002136af6556b31e04` on mainnet tokenAddress, As you know, gas fees can vary a lot and are primarily determined by supply and demand. 17 r/hicetnunc Join 1 yr. ago Selling NFTs and copyright 5 2 We filed a DMCA request to opensea who took it down since. Click on the Sell button on the top right of the screen. Ethereum Name Service (ENS) domains are secure domain names for the decentralized world. Please check the expiration date. 2. Heres how to make the most money on OpenSea. Environmentalist and optimist. Click List for sale on the item page. Find the first NFT you would like to transfer and open the action sub-menu by clicking the 3 little dots in the bottom-left corner of the NFT item. This will allow the platform to inform you of any relevant activity or occurrence, like offers from different buyers. We allow users to buy, sell, and bid on unique items on Ethereum, like ENS names, CryptoKitties, Decentraland Land, and over 200 other types of items. Cyber Scrilla1229 Midland BlvdNampa, ID 83651. 3. The cost to sell an NFT on Opensea varies. It may be in the, Otherwise, if you are using a mobile wallet, click. 3. Whatever you decide, create your collection by naming it something unique that represents your work and describing it. Note that you will only be able to bulk transfer NFTs from the same blockchain (i.e. On the bottom of the page in the action bar, click the Transfer button. If you own more than one crypto wallet, chances are you may have connected the wrong one. After youve made your selection, click the Transfer button in the bottom right corner. The benefit of off-site deals is that you not only save the OpenSea fees but also the creator royalties. Modified on: Wed, 13 Jul, 2022 at 11:45 AM. Click your Profile icon and select My Collections. Opensea is a marketplace without options to contact each other. However, the left tab filter on OpenSea has different supported chains that are used to host NFTs. Migrate an existing ENS name or register a new ENS name If you had an ENS name under the old ENS system, you'll need to migrate your name to the new system. 1 OpenSea has over 170k members in their Discord channel and has an abundance of materials for people new to NFTs. Click sell. 24 For example, two cars of the exact same make and model can have different values based on mileage, accident records, and if it was previously owned by someone famous. to How do I sell an ENS name? Head to manager.ens.domains, type in the domain you own, and follow the instructions. Whether you already own an NFT or perhaps you want to sell your NFT creation, its super simple to do. This includes Openseas cut and the Artist commission. Here you will have to confirm your listing. 5. Option 1: Simple item sale. Copyright 2023 OneHourProfessor.com, All rights reserved. But if you want to participate in the NFT trade and make money, you must pick NFT categories with huge profit margins. We will see if that works, By the way, the seller never agreed to sell us back the ENS at a reasonable price and even doubled down on pricing at an insane tag just like all the squatted domains he took. Instead of canceling or adjusting a listing with a lengthy time limit, a short limit wont cost you anything to reset. This could open the gate to NFT spam. Your OpenSea marketplace is all set up to allow users to buy, sell, and bid on your items. Bulk transfers make the process easier but do not necessarily save gas. Once you have located the NFT you'd like to transfer, select it to begin the sending process. CryptoVoxels is a great example of a project that has done this well. 5. Without advertising income, we can't keep making this site awesome for you. How do I open my phantom wallet on my phone? Choose the Fixed Price option if you want to set the exact listing price of your NFT. You will then be prompted toSignwith MetaMask. There are many different ways to earn returns on OpenSea. Reddit and its partners use cookies and similar technologies to provide you with a better experience. The problem with this is that it exposes you to a wide variety of exploits that make it considerably easier to steal your NFTs. Also, if you want to cancel your listing, youll have to pay a gas fee. This means if you are selling and NFT for 10Eth, you may only actually receive 8.85Eth. All popular marketplaces have accustomed us to convenient messaging systems to contact sellers and buyers in a tap. Just make sure that you always verify the address that you are transferring your NFT to and bear in mind that bulk transfers will always cost you more gas. ENS is an abbreviation for Ethereum Name Service. And we eventually bought ZenGowallet.eth and Thebestwallet.eth ENS with our new ZenGo/Wallet connect integration, Someone can make a product out of this. So I click \"Profile\" and scroll down to see my awesome Nifties. Click on the Transfer button (the one with the paper plane icon). How do I invest in Genesis blockchain technology? Cookie Notice This fee is determined by the current demand on the blockchain. Home > Blockchain > NFTs > Marketplaces > How to Use the OpenSea Transfer NFT Feature. They can be digital art, collectibles, gaming items, domain names, and any other assets backed by a blockchain. 4. Select My Collections. Minting from your new contract and improvements, 3. Both Polygon and Solana require users to pay minimal transaction fees to use their network. Ethereum Name Service (ENS) domains are secure domain names for the decentralized world. Tip: If your domain is on MetaMask, simply clickSign In. The account is created and your .crypto domain will appear. In this video, I will guide you on how to sell an ENS Domain name on Opensea!Let's be friends on Twitter: https://twitter.com/web3pilotLinks: https://opensea.io/https://ens.domains/Smooth tutorial on how to sell ENS domain name on Opensea:So, first of all, I go to the OpenSea website and press the wallet button. Another reason is if you are completing an off-site deal with a buyer. http://ZenGo.com, Jim Dee, OG Web3 Dev & Generative NFT Code Expert, To exchange with the creator before a transaction, To obtain further details on his proof of work, To resolve a conflict if a mistake was made on a transaction, you may want to thank the seller/the buyer, To approach someone who owns/squats the ENS of your trademark. Press next to connect with MetaMask wallet and step2 click connect. When you go to sell an NFT on Opensea, you must log in to the platform using the wallet that holds the NFT you want to sell. You see, a lot of people dont use hardware wallets (such as Ledger) and prefer to use a hot wallet instead. This is actual footage of me listing my first NFT for sale on OpenSea. Create an image that contains the message you want to send with a way to be contacted back " Hey I need to talk to you, DM me on twitter on @ whatever ". 5,719 views Oct 23, 2020 82 Dislike Share Crypto Miller 47 subscribers Tutorial on how you can mint and list new .eth. Another option for making money on OpenSea is to help broker deals. Navigate to your Profile and select an item you'd like to sell. It's a limited offer! Please log in again. One of the best ways to make money on OpenSea is to buy digital assets at the lowest price and then sell them for a higher amount. Go to your profile to view all the NFTs in your wallet. As a decentralized platform, trading on Opensea is done through smart contracts. To ensure your wallet is connected properly, close your browser, clear your cache, and then reconnect it to Opensea. Creators and collectors can sell on OpenSea in two different ways: a fixed price sale or a timed auction.