What are the different NFT marketplaces?

NFT marketplaces are platforms where users list, discover, buy and sell unique blockchain tokens.

The token may represent art, collectibles, game items, memberships, virtual property or another form of digital ownership.

Universal platforms support many categories, art marketplaces focus on curated works and niche venues specialize in areas such as gaming or sports.

The right venue depends on the asset, the chain, the audience and the liquidity available for that collection.

Buyers need a compatible wallet and enough funds for the NFT price, network fees and any marketplace charges.

High historical volume does not guarantee that a particular collection can be sold quickly at a favorable price.

Compare custody, contract permissions, royalties, authentication, fee structure, user experience and marketplace reputation.

Never assume a listing is genuine: verify the collection contract and be cautious of approval requests that grant broad wallet permissions.