Home EdaFace Component 5: NFT Marketplace How to Buy and Sell NFTs Article
EdaFace NFT Marketplace is designed to give you full control over your NFTs. You can choose to keep your NFT securely in your EdaFace account without listing it in any of the three arenas – Art, Collectible, or Gaming.
If your NFT is not listed, it remains private and visible only to you.
Once you list your NFT, it becomes visible to the public.
Listing simply means displaying your NFT in one of the three arenas of the EdaFace NFT Marketplace – Art, Collectible, or Gaming – where others can view and interact with it.
Here is a practical step-by-step guide on how to list your NFT on EdaFace NFT Marketplace:
Step 1: Register / Login to Your EdaFace Account
Go to https://nft.edaface.com and register or log in to your EdaFace account.
There are no fee charges for opening an EdaFace Account.
Step 2: Connect Your Wallet
A wallet is required to interact with NFTs and complete transactions.
Connect a non-custodial wallet such as MetaMask or Trust Wallet by clicking “Connect Wallet.”
Step 3: Ensure You Have an NFT
To list means that you already have an NFT. This can come from:
• Minting on EdaFace
• Transferring from another platform
• Receiving from another user
Step 4: Go to Your NFT Collection
Navigate to your NFT collection in “My Items” of your EdaFace Account.
In “My Items” area, you’ll be able to access your NFT collections, including the ones you minted on another platform.
“My Items” is accessible once your wallet is connected; you can access it by clicking on the wallet icon at the top right to see “My Items.”
Select the NFT you want to list in “My Items” by clicking on it.
Step 5: Click “List.”
Next, click the “List” button to enable the NFT listing on the arena.
Note that a listing is required before selling on the arena.
Step 6: Choose a Sale Option.
Once you’ve enabled List NFT, three Sale Options will be revealed.
You will need to choose one of the three Sale Options for the sale of your NFT. These three Sale Options are:
(1). Fixed Price:
This means you will only receive one price offer from buyers.
(2). Timed Auction
This means you will receive from buyers different bid price offers (“Bid Offers” for short).
Note the following three things about a Bid Offer:
• a Bid Offer is valid at or above the Minimum Bid price set by the NFT seller, which in this case is the creator
• a Bid Offer is valid within a specified time frame set by the NFT seller, which in this case is the creator
• The highest Bid Offer after the auction ends is the winning bid.
Thus, if you choose the Time Auction sale, you’ll also have to set the start price (Minimum Bid) and expiration deadline. For more information, click: “Learn more about how Timed Auctions work.”
(3). Unlimited Auction
This means there is no Minimum Bid and no Specified Duration for the auction to take place. As the Seller of the NFT, you can start the auction with any bid price and end it at any time you so desire.
Step 7: Set Listing Details
Based on the Sale Option, set the price.
• Price (in EDA Coin or supported token)
• Duration (how long listing stays active)
• Any additional conditions
EDA Coin is used for transactions within the ecosystem.
Step 8: Select the Arena
Choose which arena your NFT will be displayed:
• Art
• Collectible
• Gaming
Note that each arena has four subcategories. Select the appropriate category for your NFT.
Step 9: Confirm Listing
• Approve the transaction in your wallet
• Pay any required gas/transaction fees
Step 10: NFT Becomes Public
Once confirmed:
• Your NFT is visible to the public
• It appears in the selected arena
• Buyers can now view, bid, or purchase
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