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Voice of Crypto > VOC Explained > Which NFT Marketplace is Best for Your Business?
VOC Explained

Which NFT Marketplace is Best for Your Business?

Rose Nnamdi
Last updated: 2023/03/14 at 11:29 AM
Rose Nnamdi Published May 23, 2022 March 14, 2023
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Which NFT Marketplace is Best for Your Business?

There are many different options when it comes to choosing an NFT marketplace. But how to tell which is the best for your business? This blog will compare three of the most popular marketplaces and help you decide which one suits you the best.

OpenSea

The first marketplace we will look at is OpenSea. OpenSea is the largest and most popular NFT marketplace. They offer an attractive bouquet of features, including the ability to create custom NFTs, a built-in exchange, and a robust API. OpenSea also has a very active community and a lot of traffic, which can be good for exposure but may also mean more competition.

Rarible

The second marketplace we will look at is Rarible. Rarible is another popular option that offers some unique features, such as the ability to create auction-based sales and discounts for bulk purchases. Rarible also has lower fees than OpenSea and provides tools to help you promote your NFTs.

Swapy

Finally, we will look at the new kid on the block, Swapy. Swapy is a relative newcomer to the NFT marketplace scene, but it quickly gained popularity due to its low fees and easy-to-use interface. Swapy also offers unique features like a built-in escrow service and the ability to auction off your NFTs.

So, which marketplace should you choose? It depends on what you are looking for in a marketplace. If you want plenty of features and community support, OpenSea is probably your best bet. If it’s lower fees and more tools to help promote your NFTs that you’re after, Rarible may be a better option. And if you are looking for a simple, easy-to-use platform with some unique features, Swapy may be the right choice.

No matter which marketplace you choose, always be sure to do your research and understand the risks before buying or selling any NFTs.

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