What is So Wonderful About Crypto.com NFT Marketplace?
Most people in the cryptocurrency space will have heard of Crypto.com; as they have been around since 2016.
Also, The Crypto.com, distinct deep blue and white lion logo, can be seen on billboards, found in news articles, observed on TV, endorsed by celebrities, and even seen on NBA players jersey’s!
So with that being said, it is no surprise then that Crypto.com started their own NFT Marketplace in March of 2021.
The Crypto.com NFT marketplace, constructed on the Crypto.org chain, requires users to create an additional account,(which links to their current trading Crypto.com account), to use the Crypto.com NFT Marketplace.
The Crypto.com NFT marketplace contains an abundance of NFTs to buy or sell with categories such as:
- * gaming,
- * sports,
- * music,
- * A-List creators,
- * and MORE
One of the major differences with the Crypto.com NFT marketplace is:
NFTs can be purchased instantly using a credit or debit card.
Most other NFT marketplaces require you to only use cryptocurrency on their platform.
Crypto.com also recently added Ethereum-based NFTs – profoundly expanding the potential of its’ assets.
Now Let’s talk about Crypto.com NFT Fees
Like all NFT marketplaces, costs will differ depending on whether you are a buyer, a creator, or a trader (reseller).
Let’s take a look:
The most important thing to note for buyers is that Crypto.com doesn’t charge any fees to the buyer when an NFT purchase is made.
This is what is amazing about Crypto.com NFT marketplace as many other marketplaces charge a fee when making an NFT purchase.
If you are interested in minting NFTs and selling them on the Crypto.com NFT marketplace, this will cost 1.99% per NFT.
This Seller Fee only applies to the initial sale of the NFT.
Crypto.com has reduced the fee from 15% to 1.99% to attract more creators to the platform.
If you own an NFT, and wish to sell it in the market, then the reseller fees is only 1.99% per transaction vs the 5% Crypto.com use to require.
The fee reductions make it more appealing for resellers; as it will save them significant amounts in fees!
So what else does the amazing Crypto.com NFT Marketplace have to offer?
You can easily transfer your NFT from Crypto.com
Marketplace to your wallet such as:
- - Ledger
- - Crypto.com DeFi Wallet
. NOTE: Crypto.com DeFi Wallet is a wallet where you are the custodian– This means you get full access and control of all your crypto and private keys.
The Crypto.com DeFi Wallet supports over 100+ crypto assets and is protected with biometric and two-factor authentication (2FA).
Crypto.com NFT Marketplace has Fantastic Customer Service
In terms of customer service, Crypto.com has an extensive FAQs section, presenting answers to most of your popular questions.
In addition, Crypto.com also has a dedicated email address for other questions not found in the FAQs section, and there is even a ‘Live Chat’ box with fairly quick responses from a ‘Live’ person 24/7!
So Let’s overview what the Crypto.com NFT Marketplace has to offer:
- Great for First-time NFT buyers,sellers and creators
- Great for Experienced NFT investors
- Valuable for People interested in celebrity NFT drops
- Affordable for NFT traders/resellers looking to benefit from secondary market sales
- Opportunity for those interested in NFT giveaways
- Easy connection of wallets such as:
- - MetaMask
- - Ledger
- Cost-Effect Lower fees for buyer, creator, and reseller
- Versatile No need to use your cryptocurrency ever (HODL on!)
- - Optional Use of credit/debit card for purchases
- Safety and control of your valuable NFT’s using
- - Crypto.com Free non-custodial DeFi-Wallet
With Crypto.com users do not need to go anywhere else when buying, selling, trading or hodling NFTs or cryptocurrency!
I hope to see you in the Crypto.com NFT Marketplace!