An NFT Marketplace is a decentralized platform that supports the trading and storing of Non-fungible tokens. It acts as a platform for an auction of digital crypto art and other non-fungible items that users can buy sell and buy. NFT Marketplace was first developed over a different chain by a user requirement like Tron, Ethereum Binance Smart chain, etc. It was also named a million-dollar revenue system. It requires sellers and buyers to have crypto wallets to carry out their transactions. NFT marketplace offers ownership rights, and immutability and also gives security to the holders. 

Top 5 Market To Start Your NFT Journey In India

Best NFT Marketplace: Top NFT Sites! 

1)Binance

Binance NFT marketplace is a platform to create, sell and buy NFTs (Nonfungible tokens). It was launched in June 2021. These NFT assets include music, Gif, images, digital items, videos, website domains, and real-world objects. It also allows users to transfer NFTs between two blockchains. 

Key Statistics:

 • Founded;2021 

• Blockchain: Ethereum 

• Token Support: Binance token 

• Wallet Support: Trust Wallet, MathWallet, MetaMask, and Binance Chain Wallet.

• Fees: 1% fee for transacting on the Binance NFT. 

• Smart Contract Import: Yes 

• Types of Sales: Art, Sports, Gaming, Collectibles, Entertainment, etc. 

• Split Payment Support: No 

2) Crypto.com 

Crypto.com is a leading NFT marketplace that offers users a safe, reliable, and secure, way to buy, sell and trade their digital assets. Over 150,000 items have been sold or traded on Crypto.com. It supports PEG, JPG, PNG, GIF, and WEBP. MP4 formats. Enables creators to earn royalties on resales. 

Key Statistics: 

• Founded: 2016 

• Blockchain: Crypto.org Chain 

• Token Support: All 

• Fees: 15% Primary Listing Fee 

• Smart Contract Import: Yes 

• Types of Sales: Art, Celebrities, Gaming, Music, Sports, etc.

3) FTX.com

FTX.com enables you to easily purchase or sell an NFT. It also allows NFT to be redeemed for a service. It enables cross-chain trading between Ethereum and Solana. 

Features: 

• Founded: 2019

• Blockchain: Solana and Ethereum 

• Token Support: All 

• Wallet Support: Supports major payment methods 

• Fees: 5% fee to the buyer and the seller 

• Smart Contract Import: No 

• Types of Sales: Art, Celebrities, Music, Sports, etc. 

4) OpenSea 

Top 5 Market To Start Your NFT Journey In India

OpenSea is one of the known and famous marketplaces for NFT art and collectibles. In this NFT platform, you will find rare forms of art like pets or virtual land. OpenSea also allows you to buy NFTs using several virtual currencies, like DAI and ETH, etc. 

Key Statistics:  

• Founded: 2017 

• Blockchain: Ethereum and polygon. 

• Token Support: ERC-721, ERC-1155 

• Wallet Support: MetaMask. 

• Fees: Lazy minting + 2.5% marketplace fee for each and every sale.

• Smart Contract Import: Yes 

• Types of Sales: Art, Music, Photography, Dutch auctions, price fixed auctions, and open offers

5) Nifty Gateway

Nifty Gateway is an NFT marketplace that releases collections from artists using drops. These collections are available only for a limited time period. On this website, you can view the timer showing when the next drop will take place. This NFT platform takes a 20% fee plus 30 Cents from each secondary sale. 

Key Statistics:

• Founded: 2018 

• Blockchain: Ethereum 

• Token Support: Proprietary 

• Wallet Support: Fiat only 

• Fees: marketplace fee 20% 

• Smart Contract Import: No 

• Types of Sales: Crypto art, Music, Photography, Fixed price auctions, etc.

6) Raible 

Raible is an NFT marketplace, with its “owners” holding the ERC-20 RARI token. Raible awards active users of the platform with RARI tokens to sell or buy on the NFT marketplace.

 Key Statistics:

• Founded: 2020 

• Blockchain: Ethereum 

• Token Support: ERC-721 and ERC-1155

• Wallet Support: WalletConnect, Coinbase Wallet, MetaMask, Fortmatic, and MyEtherWallet. 

• Fees marketplace fee 25%+gas fees 

• Smart Contract Import: Yes 

• Types of Sales: Art, Music, Photography, Auction, Metaverses, Domains, Memes, and more. 

• Split Payment Support: No