NFTX allows you to sell any matching NFTs in your wallet for immediate liquidity at the current floor price, no buyer required.
While other marketplaces, including OpenSea, have a range of prices for NFTs based on the sellers price, you can sell any NFT on NFTX for the current floor value.
On OpenSea you are able to set the price you want for your NFT, and then wait until a buyer is willing to pay that price. Once it is paid, OpenSea take a 2.5% fee and whatever royalty payment for the original artist is taken off your original price before you get the ETH.
On NFTX you can sell your NFT immediately with the fee already calculated in the sell price.
The quickest way to get selling is head straight to the https://nftx.io/sell/ and connect your wallet. This will populate the Sell NFT page with all the matching vaults for the NFTs you have in your wallet.
Where do the fees go?
The fees generated from the sale of your NFT are distributed to the inventory and liquidity providers.
Sell your NFT, OR earn yield from your NFT?
If you’re just looking to exit your position you might also want to consider staking your NFT by adding inventory or also pairing with ETH and providing liquidity to the vaults. You can learn more about this on our Staking — earning yield from your NFT section.
Now let’s take a look at how you can swap one of your existing NFTs for a new one.