How do I purchase NFTs on Polygon? | OpenSea Help Center (2024)

FAQs

How do I purchase NFTs on Polygon? | OpenSea Help Center? ›

The main way to buy an NFT is through an NFT marketplace. Connect your web3 wallet, such as the self-custodial Bitcoin.com Wallet, to the marketplace and use cryptocurrency or fiat money to bid on or purchase an NFT you like. If the transaction is successful, the NFT will be transferred to your wallet.

The main way to buy an NFT is through an NFT marketplace. Connect your web3 wallet, such as the self-custodial Bitcoin.com Wallet, to the marketplace and use cryptocurrency or fiat money to bid on or purchase an NFT you like. If the transaction is successful, the NFT will be transferred to your wallet.

OpenSea is widely regarded as one of the world's most important and successful NFT markets. It is the world's first and biggest peer-to-peer digital marketplace for non-fungible tokens and crypto valuables. It supports the following blockchains: Polygon (MATIC), Ethereum (ETH), and Klatyn (KLAY).

The cost to mint one NFT can range from about $1 to over $1,000. The cost of minting 10 000 NFTs could be as low as $5000 to as high as $1 million, depending on the blockchain. The costs to mint a single NFT can vary from $1 to over $1,000, so it's important to understand how much a particular blockchain costs.

Again, don't forget to opt for the Polygon blockchain in the dropdown! Mint your NFT for free on OpenSea. Select a fixed price or timed auction, set the duration, and be aware of the 2.5% fee deducted by OpenSea. Confirm your listing, and voila — you've successfully minted and listed an NFT for free on OpenSea!

Ideal for first-timers

If you want to sell your NFTs for a low price and your audience is already aware of the NFT area, it is best to use OpenSea or another Polygon NFT development platform.

The good news is that one can purchase NFTs without owning any cryptocurrency. For instance, users can buy NFTs with dollars, credit cards or through a friend.

Are NFTs still popular? Overall, NFTs lost a lot of popularity after 2022, but the core users of the technology still believe in its capabilities. So, the adoption has mostly plateaued in 2023 and 2024 as the technology continues to innovate.

Which wallets support Polygon NFTs? ›

An NFT transfer on Polygon costs less than $0.01 vs. $5-6 on Ethereum and $0.5 on BNB Chain. It's also very fast.

On average, minting an NFT can cost between $0.05 to over $150 depending on several factors: Blockchain platform - Ethereum is currently the most popular blockchain for NFTs but has high gas fees. Alternatives like Polygon, Solana, Cardano have lower fees. Solana is one of the cheapest options.

Along with listing fees and commissions, your costs could range anywhere from $0.01 to $1000. However, thanks to a process called "lazy minting," as well as gasless marketplaces, there are now ways to mint NFTs for free!

Coinbase Wallet supports thousands of assets, including all ERC-20 tokens and all assets on EVM-compatible chains, such as Avalanche C-Chain and Polygon. This includes stablecoins (like USDC and DAI) on all of Coinbase Wallet's supported networks.

Minting on Polygon

A creator can mint NFTs on Polygon through the OpenSea marketplace and sell them with the ETH cryptocurrency. The platform will charge a 2.5% service fee, deducted from the NFT selling price.