Crypto.com Drops Fees For NFT Traders & Creators
Until 31 December 2021, Crypto.com is offering reduced fees for NFT traders and creators. The move will be welcomed by aspiring token creators while active traders can maximise returns when buying and selling assets.
Primary Seller Fees
For NFT creators, primary seller fees have been cut from 15% to 1.99%. This represents a significant discount and puts Crypto.com ahead of many competitors.
It’s quick and easy to start creating and minting non-fungible tokens on the exchange’s platform. Prospective users simply need to submit an application form, then once approved, artists can start selling their collectibles, for example.
Secondary Reseller Fees
For NFT traders, secondary reseller fees have been reduced from 5% to 1.99%. For active traders, this is an appealing proposition. Investors can now hold onto more of the profits when buying and reselling tokens.
Crypto.com’s intuitive platform offers an active secondary marketplace with NFTs from a host of major artists, including Snoop Dogg, BossLogic and Lega Serie A.
After opening a live account, traders can buy and sell assets in a few clicks. Crypto.com also makes identifying hot picks straightforward by promoting up and coming pieces and those attracting the most attention from viewers.
Crypto.com is a major player in the DeFi space, offering trading on more than 100 cryptocurrencies alongside 20+ fiat currencies. As well as digital currency trading, users can take out prepaid VISA cards and loans. The exchange also offers a free tax reporting tool for those new to retail trading.
The platform’s NFT marketplace is growing in popularity. Memes, artwork, music and collectibles can all be found on the user-friendly platform. And with an ever-growing list of content creators and curators, there are multiple opportunities for active investors.
See our guide to NFT trading here.