How to sell NFTs safely

Do you want to create and sell your own NFTs (non-fungible tokens) and make money from it? Below we show you how to do it quickly and easily.

Let's see how to sell NFT, also known as non-fungible tokens (for its acronym in English), a new way of participating in digital asset transactions through ecosystems Blockchain. And NFTs have become an object of desire for collectors digital. Therefore, below we detail everything you need to know about how to create and sell your own NFTs safely, quickly and comfortably.

How to create and sell NFTs safely

Index of contents

What is an NFT

The main reasons why NFTs exist are to create digital works for like this protect your intellectual property, in addition to generate income with the sales of said works. The term non-fungible is used to highlight that this type of digital asset cannot be exchanged for nothing, unlike, for example, cash like a ticket of 20 euros, which can be exchanged for two 10s, four 5s or twenty 1 euro coins, for example.

How to sell NFTs safely

The differentiating element of this type of digital assets is that they are autographed, guaranteeing that this asset is unique in the world, whether it is collectible digital cards, works of art, audiovisual files... seal or signature of authenticity of an NFT is determined by the platform block chain or Blockchain, guaranteeing that even though there are millions of copies of an asset, only one has the seal or signature of authenticity.

Additionally, NFTs allow them to be tracked, ensuring validity of, for example, a work of art. Thanks to this, the author of the non-fungible token receives income every time said NFT changes ownership.

What you need to create NFT

There are many methods to create NFTs, although the simplest and safest are through platforms specially created for this, thus establishing a shared ecosystem all over the world and some same rules of the game, in addition to avoiding possible scams around the world of cryptocurrencies.

How to sell NFTs safely

Most of these platforms carry out their transactions through ether (ETH), the official cryptocurrency or currency of the blockchain Ethereum. Thus, to create your own NFTs you will have to have the following elements:

  • Your own account on an NFT platform such as Mintable, Ethernity, OpenSea or Foundation, among others.
  • A virtual wallet for ether such as MEW, Monolith, CryptoMarket or Coinbase, among others.
  • Have a minimum amount of ether in your virtual wallet.
  • a digital object that you want to transform into NFT.

How to create your NFT

Each platform offers its own method of creating NFTs, although one of the most popular is OpenSea, the main NFT marketplace that also does not charge extra fees when creating its own tokens. Follow the steps below to create NFT on OpenSea:

  1. Access your account OpenSea.io.
  2. Click on it your profile icon.
  3. Click the button Create in the upper right corner of the screen.
  4. In the page Create new item Upload the digital file you want to convert to NFT. You can upload image files, videos, 3D models, music files and other types of digital files with JPG, PNG, GIF, SVG, MP4, WEBM, MP3, WAV, OGG, GLB or GLTF formats, among others. The maximum file size is 100MB, although it is best to upload files less than 40 MB for a shorter loading time.
  5. Assign a name, a description and an external link so that buyers have more information about the object.
  6. Now you can customize the NFT, either by adding it to a collection or adding statistics or other unlockable content.
  7. Finally, choose the type of blockchain what you want to apply; the most recommended is Ethereum, although you can also opt for Polygon (Matic) or Klatyn (Klay).
  8. When you finish click on Create to finish the process of creating your NFT.

How to sell NFTs safely

How to sell your NFT

If you like sell your NFT through OpenSea follow the following steps:

  1. Access your account OpenSea.io.
  2. Click on it your profile icon.
  3. Select the NFT What do you want to sell?
  4. Now click Sell at the top right of the screen.
  5. In the next page select a price and defines the type of sale: fixed price or scheduled auction.
  6. Likewise, you can also apply a fixed duration such as 1 day, 3 days or 1 week, in addition to customizing it with the calendar.
  7. You can too reserve the item for a given buyer by pasting their email address into the field Reserve for a specific buyer.

How to sell NFTs safely

At the bottom you will see the sales rates, from a 2.5% OpenSea service fee and the amount that creator receives per transaction, up to a 10%. Finally, confirm your sale by digitally signing the transaction in progress. And that's it. You will have already sold your first NFT.

Now you know what is an NFT, how to create tokens non-fungible and how to sell these NFTs through OpenSea, the most popular and secure platform for this type of digital asset transactions.

How to sell NFTs safely

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