OpenSea is among the first NFT marketplaces in existence — and boasting millions of NFTs for sale, its the largest. It’s partnered with dozens of other blockchain-based applications and features multiple genres, backed by fair fees and royalties.
Coinbase NFT is newer among marketplaces, but its ecosystem is chock-full of education potential through guides, videos and walk-throughs. Learn how to use the marketplace, all about fees, the details of NFTs, and how to use the Coinbase exchange and wallet with the NFT marketplace. And as of August 2022, you won’t pay marketplace fees.
You may not know Magic Eden as well as other NFT marketplaces, but in terms of value, it takes the win. Most NFT marketplaces charge a fee of 2.5% to 5% per sale. Magic Eden requires a 2% marketplace fee — combined that with its deliciously varied marketplace, frequent drops and easy-to-use platform, it’s a top marketplace.
Crypto.com’s NFT marketplace subsidizes gas fees on specific blockchains and no gas fees when you pay with the Crypto.com App. It also supports debit and credit card payments. You have 22 cryptocurrency options for payment depending on your wallet, and buyers don’t pay marketplace fees.
Crypto.com’s NFT marketplace doesn’t charge a fee for minting or require creators to pay gas fees when minting. There’s a fixed 10% royalty on secondary sales, and creators need only watch out for a 15% primary listing fee.
Rarible is known as an exclusive and curated NFT marketplace. It supports multiple cryptocurrencies and wallets, and it accepts fiat payments on certain assets. There’s multichain support too, with the ability to buy NFTs from four blockchains: Ethereum, Flow, Solana and Polygon.
OpenSea works with many blockchain-based games, e-sports and sports-based platforms. It also features a dedicated genre featuring sports trading cards, Sorare, Silks, F1 Delta Time and many more.
A highly competitive category, OpenSea takes the win for its large and varied Music genre and support of MP3s and MP4s. It features top music collections such as omgkirby Genesis, Snoop Dogg, KINGSHIP and Dreamloops.
Rarible rises to top within this mega category. Rarible accepts crypto and fiat payments, offers multichain support and most of its featured NFTs are under the art umbrella: digital art, memes and photography.
Marketplace fees, Discord followers and fiat support determine the winner of luxury NFTs, and Rarible is top dog for luxury shoppers in need of the hottest NFT collections.
Our editorial experts analyzed 33 NFT marketplaces available to US residents in August 2022. While many of the marketplaces are Finder partners, partnership status did not influence our methodology.
We evaluated each marketplace across 10 metrics to determine winners and finalists within 11 categories:
Marketplace fees. The percentage fee charged on primary sales.
Cryptocurrencies supported. The number of cryptocurrencies supported up to a maximum of 10. (Higher values are treated as 10.)
Wallet options. Whether the platform allows you to connect more than one wallet.
Fiat payment accepted. Whether the platform allows for fiat payments.
Explainer/hub videos. Whether the platform provides access to how-to videos or a learning hub.
Discord followers. The number of followers of the platform’s Discord.
24/7 online support. Whether the platform offers 24-hour support.
Royalties offered. The percentage of royalties offered, up to a maximum of 10%. (Higher values are treated as 10%.)
# of NFT genres. The number of NFT genres available, up to a maximum of 10. (Higher values are treated as 10.)
Mobile app. The availability of a mobile app for iOS or Android.
We scored each metric out of 10 using Finder’s dynamic scoring system. Binary — or yes/no — metrics received either a 10 or a 0.
Weighted criteria by category
We weighted metrics differently within award categories, using the total of all weighted scores as the final score for each marketplace winner and finalist.
Weighted metrics for overall winners and finalists:
Marketplace fees — 20%
Cryptocurrencies supported — 15%
Wallet options — 5%
Fiat payment accepted — 5%
Explainer hub/videos — 5%
Discord followers — 10%
24/7 online support — 5%
Royalties offered — 20%
Number of NFT genres — 10%
Mobile app — 5%
Weighted metrics for Beginners category winners and finalists:
Marketplace fees — 20%
Cryptocurrencies supported — 5%
Wallet options — 5%
Fiat payment accepted — 15%
Explainer hub/videos — 20%
Discord followers — 5%
24/7 online support — 15%
Royalties offered — 5%
Number of NFT genres — 5%
Mobile app — 5%
Weighted metrics for Value category winners and finalists:
Marketplace fees — 30%
Cryptocurrencies supported — 5%
Wallet options — 5%
Fiat payment accepted — 5%
Explainer hub/videos — 5%
Discord followers — 10%
24/7 online support — 5%
Royalties offered — 20%
# of NFT genres — 10%
Mobile app — 5%
Weighted metrics for Active Traders category winners and finalists:
Marketplace fees — 35%
Cryptocurrencies supported — 5%
Wallet options — 5%
Fiat payment accepted — 5%
Explainer hub/videos — 0%
Discord followers — 30%
24/7 online support — 0%
Royalties offered — 5%
Number of NFT genres — 10%
Mobile app — 5%
Weighted metrics for Minting category winners and finalists:
Marketplace fees — 25%
Cryptocurrencies supported — 10%
Wallet options — 5%
Fiat payment accepted — 5%
Explainer hub/videos — 1%
Discord followers — 10%
24/7 online support — 3%
Royalties offered — 35%
Number of NFT genres — 5%
Mobile app — 1%
Weighted metrics for Rare Drops category winners and finalists:
Marketplace fees — 15%
Cryptocurrencies supported — 10%
Wallet options — 5%
Fiat payment accepted — 15%
Explainer hub/videos — 5%
Discord followers — 15%
24/7 online support — 5%
Royalties offered — 5%
Number of NFT genres — 20%
Mobile app — 5%
Weighted metrics for Sports category winners and finalists:
Marketplace fees — 15%
Cryptocurrencies supported — 15%
Wallet options — 10%
Fiat payment accepted — 5%
Explainer hub/videos — 5%
Discord followers — 10%
24/7 online support — 5%
Royalties offered — 0%
Number of NFT genres — 20%
Mobile app — 15%
Weighted metrics for Music category winners and finalists:
Marketplace fees — 15%
Cryptocurrencies supported — 15%
Wallet options — 15%
Fiat payment accepted — 5%
Explainer hub/videos — 5%
Discord followers — 10%
24/7 online support — 5%
Royalties offered — 15%
Number of NFT genres — 5%
Mobile app — 10%
Weighted metrics for Art NFTs category winners and finalists:
Marketplace fees — 15%
Cryptocurrencies supported — 10%
Wallet options — 5%
Fiat payment accepted — 10%
Explainer hub/videos — 5%
Discord followers — 15%
24/7 online support — 5%
Royalties offered — 20%
Number of NFT genres — 10%
Mobile app — 5%
Weighted metrics for Celebrity-Minted NFTs category winners and finalists:
Marketplace fees — 15%
Cryptocurrencies supported — 10%
Wallet options — 5%
Fiat payment accepted — 15%
Explainer hub/videos — 5%
Discord followers — 20%
24/7 online support — 5%
Royalties offered — 5%
Number of NFT genres — 15%
Mobile app — 5%
Weighted metrics for Luxury Brand NFTs category winners and finalists:
Marketplace fees — 20%
Cryptocurrencies supported — 10%
Wallet options — 5%
Fiat payment accepted — 15%
Explainer hub/videos — 5%
Discord followers — 25%
24/7 online support — 5%
Royalties offered — 5%
Number of NFT genres — 5%
Mobile app — 5%
What about Editor’s Choice?
A marketplace doesn’t need to nab an award for our editors to feel it’s worth shouting out. Editor’s Choice picks are just that: NFT marketplaces that shine within a particular category, supported by additional factors like ease of use, popularity and reputation among users.
Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.
Bethany Hickey is a personal finance writer at Finder, specializing in banking, lending, insurance, and crypto.
Bethany’s expertise in personal finance has garnered recognition from esteemed media outlets, such as Nasdaq, MSN, Yahoo Finance, GOBankingRates, SuperMoney, AOL and Newsweek. Her articles offer practical financial strategies to Americans, empowering them to make decisions that meet their financial goals. Her past work includes articles on generational spending and saving habits, lending, budgeting and managing debt.
Before joining Finder, she was a content manager where she wrote hundreds of articles and news pieces on auto financing and credit repair for CarsDirect, Auto Credit Express and The Car Connection, among others.
Bethany holds a BA in English from the University of Michigan-Flint, and was poetry editor for the university’s Qua Literary and Fine Arts Magazine.
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