Top 5 NFT marketplaces in 2022 For buying and selling NFTs, users should have a crypto wallet for the execution of the transaction. In the NFT marketplace, once the user buys any digital art, it creates ownership of that digital art. It ensures the person who has bought the NFTs has the right to the art and no other person can create the ownership of those works other than the person who has bought the NFTs.
NFTs are also traded on this Today we will look at the top 5 NFT markets. The NFT marketplace is a decentralized platform that provides users with a place where they can buy and sell digital art. The NFT marketplace allows users to trade or store digital art on this platform.
It is a place where the users who are interested in the NFTs can be found and they can buy and sell the NFTs from a large number of NFTs available. It is just like any other market where things can be bought and sold. It is specifically made for people who are more interested in NFTs and want to buy and sell digital art.
platforms, where the people who buy the NFTs at lower prices and sell them at higher prices make some profits. At each stage of the sale, ownership passes to the next person who actually buys the NFT.
List of the NFT marketplaces
- OpenSea
- Rarible
- Binance NFT
- SuperRare
- com
Let’s have a look at the top 5 best marketplaces in detail, where you can buy your favorite NFTs, or if you create digital art, you can also sell your art on these platforms. These marketplaces are selected based on various factors, such as good user feedback, fees charged by platforms, customer support, and security.
1) OpenSea-with huge numbers of different NFTs
This is one of the leading marketplaces for NFTs, with over 600,000 users in 2022. OpenSea offers a wide range of NFT services on the platform, from digital artwork, games, trading cards, and more on this platform.
This platform is built on the Ethereum platform and offers support for more than 150 cryptocurrencies for payment. OpenSea also started supporting the polygon so that you don’t have to pay any fees on this platform. Transaction fees on this platform are 2.5% for the sale made without any effect on the customer.
You can connect your wallet with the OpenSea in easy steps, which offers support for 14 different crypto wallets, so now you don’t have to worry about the crypto wallet as it supports almost all the crypto wallets that are available on the market.
Key features
- It supports more than 150 cryptocurrencies.
- 2.5% commission on sales
- Built on the Ethereum blockchain technology,
- It offers more than 700 NFT projects.
| Pros | Cons |
| ✔ Uses polygon blockchain | × High gas fees on the Ethereum |
| ✔ Support over 150 cryptos | |
| ✔ All types of NFTs available | |
| ✔ Offers 14 different wallets | |
2) Rarible-Good place for buying and selling NFTs.
It is another one of the best NFT marketplaces which offer a wide range of NFT projects in the arts, games, domains, metaverse, music, photography, memes, and many more things on the platform.
This is a community-based marketplace where the people of the NFTs come together to create a marketplace. Rarible uses its own token called RARI for the buying and selling of the NFT. It offers four different blockchains on its platforms: Ethereum, Flow, Tezos, and Polygon blockchain.
Key features
- It provides four distinct blockchains.
- Supported by the highly trusted brands
- The fee charged is 2.5%.
- It is available in more than 190 countries.
- The gas fee on the purchase of NFT is 0.010 Ethereum.
| Pros | Cons |
| ✔ Wide range of crypto wallet | × High fees |
| ✔ NFTs can be purchased by debit or credit card | |
| ✔ 4 types of blockchains |
3) Binance NFT-Most trusted NFT marketplace
We all know that Binance is the world’s biggest crypto exchange. Binance also started its NFT marketplace. This is one of the most trusted marketplaces for NFTs. Binance NFT charges 1% per transaction on their platforms, which is a low fee for transactions compared to the other NFT marketplaces.
It is supported by its own Binance smart chain and the Ethereum blockchain user interface of Binance NFT is simple and easy to use. It offers a large number of NFT collections, which include artwork, games, sports, and entertainment.
One of the interesting things about the Binance NFT is that they offer the feature of getting the mysterious box, where you can get the valuable NFTs in the box and sell them for a higher price in the future. So, this is something the Binance NFT offers.
So, this is also a trusted NFT market place and you can select this platform without any worry. So many users are already using this platform for the buying and selling of NFT. Total trading volume on a daily basis is more than $42,000,000, with a daily sale of 1,22,000.
Key features
- A total collection of 770+ projects.
- Ethereum blockchain and Binance smart chain
- All kinds of NFTs are available.
| Pros | Cons |
| ✔ Low transaction fee of 1% | × Prices denominated in other cryptos |
| ✔ Trusted NFT marketplace | |
| ✔ Mysterious box |
4) SuperRare – Find the Unique NFT
SuperRare is also on our list for unique and different artwork. On this platform, the artist creates unique artworks that have not been created earlier, and then they can be traded in this marketplace.
This marketplace is built on the Ethereum blockchain and uses the native crypto of Ethereum, which is ether. This NFT marketplace is different from the other marketplaces because this platform allows only real-world artists and only one unique art piece can be uploaded without making a series of the same type of art that we usually see on the other platforms.
The artist also gets a good amount of money for their artwork, and whenever it is sold again in the future to the other owner, the original artist gets a 10% royalty on each sale in the future. This marketplace is compatible with several popular wallets, including MetaMask, Fortmatics, and Wallet Connect. This platform does not use debit or credit cards, but only ether. Fees on this platform are higher than on the other marketplaces. The buyer has to pay a 3% fee on all the purchases made, which is very high compared to the other platforms.
Key features
- Get the unique artwork:
- The transaction fee for the buyer is 3%.
- It uses the Ethereum blockchain technology.
- The artist gets a 10% royalty on each sale.
- Accepts only Ethereum for payment
- It supports MetaMask and Fortmatics and connects the wallet.
| Pros | Cons |
| ✔ Uses arts of traditional art | × High fees |
| ✔ Royalty payment to the creator | × Supports only Ethereum |
| ✔ Unique artwork |
5) crypto. com-Overall is a good place for NFTs.
Crypto.com is a well-known brand in the market based in Singapore. It has over 10 million users. It will launch its NFT markets in 2021. It offers a variety of NFT projects on its platforms. Gas fees on this platform are nil if you have paid by using the crypto.cm App.
It is one of the best NFT marketplaces, especially if you are a beginner. You should definitely go to this market. It also allows you to make the payments through a debit or credit card, so this is something that is good to have in the payment option.
So overall, it is a good brand name to go for in the NFT marketplace and can be considered if you are thinking of going for it in the NFT marketplace.
Key features
- There is no gas fee if you pay with the Crypto.com App.
- Debit and credit cards are accepted.
- It supports more than 20 cryptocurrencies.
- 72 hours embossed verification period
| Pros | Cons |
| ✔ Supports Debit and credit cards | × 72 hours of the review period for minting |
| ✔ No gas fees on Crypto.com App | |
| ✔ Multiple payment options |
Conclusion
These are the top 5 NFT marketplaces that are available on the market. We have selected these with proper research. You can select from OpenSea and Crypto.com. These are the most popular marketplaces with good user reviews. The NFT concept is still really new to the world, and this has to go far in the future. Most people don’t know about the concept of NFT, but as technology is growing, people will get to know about this concept.
Frequently asked questions (FAQs)
What is the most popular NFT platform?
OpenSea and crypto.com are the most popular NFT marketplaces that are available on the market. You can choose from any one of them based on the requirements.
What is the biggest NFT marketplace?
OpenSea is the biggest marketplace considering the trading volume and offers a huge variety of NFT projects.
Should I use OpenSea or Mint Rarible?
Both the NFT marketplaces are good, but if we compare, Opensea has more popular platforms and also has a high trading volume on a daily basis.
Why is OpenSea so popular?
OpenSea is more popular because it offers free gas fees using the polygon network.