NFT Selection: Step 1
Navigate to [Profile] – [Collected] to mark an NFT or Mystery Box as part of your collection. Click [List NFT] underneath the resource.
On the other hand, go to the resource detail page and snap [List NFT].
NFT Step 2: Submit Listing Information
1. Choose how you want to sell. Choose between an auction or a fixed price.
• Fixed Cost: With the price you set, buyers can buy your NFT right away.
• Bidding: Your NFT will be unloaded and offered to the most elevated bidder.
1.1 Assuming you’re utilizing Fixed Cost:
Enter the selling price of your NFT and select the cryptocurrency you wish to receive. Buyers can also make offers on your NFT using this function.
1.2 If Auction is used:
Enter the [Starting Price] (minimum bid amount) after selecting the cryptocurrency you wish to acquire. This is the cost at which the offering will begin.
Under [Buyout Price], you can also enter your desired selling price (buyout price). If they offer the buyout price or the auction reaches this price, buyers will be able to purchase the item immediately.
After that, select the minimum percentage of markup. This restricts the purchaser’s offered to be 5%, 10%, or 20% higher than the base cost increment.
2. You can decide to list the NFT following we survey your posting. A system for automatic verification will be used to evaluate it. Please be aware that the typical review time is ten minutes.
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On the other hand, select a particular time and date to list. Twelve hours after submitting the listing for review, you can set a time. We will list your NFT as soon as it has been approved, even if the review hasn’t been finished by the time you wanted it listed.
3. The time and date of your NFT sale should be set. The deal should keep going for somewhere around 12 hours and no longer than 30 days from the hour of posting.
4. The class of your NFT will be consequently applied under a similar classification as the assortment. This can assist purchasers with finding your NFT all the more without any problem.
NFT Step 3 – Confirm Listing
1.If it’s not too much trouble, ensure you read and comprehend the expenses related with selling your NFT prior to clicking [Submit]. Before any NFT is listed, it will be evaluated by an automated verification system to make sure it meets our standards. This interaction typically requires 10 minutes. Please take your time. When your NFT is listed, you will be notified.
2. A pop-up titled “Listing Completed” will appear after your NFT has been successfully listed, and you will also have the option to share the listing on a variety of social media platforms, such as Telegram, Facebook, and Twitter.
If your NFTs / Mystery Boxes haven’t been listed before, they will be subject to a 10-day clearing period.
3. To view your listed NFTs or Mystery Boxes, go to [Profile] – [My NFTs] – [Listings].
Important Note:
There are two kinds of NFT assortments on Binance NFT – Checked assortment and Unconfirmed assortment. NFT assortments might be qualified to be recorded under the Confirmed assortment relying upon different elements, like deal volume, exchanging volume, and the quantity of devotees on Binance NFT and other virtual entertainment stages. Any remaining NFTs are recorded under the Unsubstantiated assortment. For more details, please see the Binance NFT Sales Settlement Postponement Policy. Please note that it only applies to collections that have not been verified.
You can currently apply to Customer Service to have your Unverified collections verified.
Creators will be restricted from withdrawing the transaction proceeds from the sale for a period of ten days for the first sale of an Unverified NFT created and minted on Binance (i.e., the first time a newly minted Unverified NFT is sold by the creator to a buyer).
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You will see a spring up with the accompanying message, “This thing is essential for the Unsubstantiated Assortment. Consequently, the exchange continues from the underlying offer of this thing will be dependent upon a 10-day clearing period. For more information, see the Sales Settlement Postponement Policy.
If the sold asset does not indicate a potential violation of Binance NFT’s Rules and Terms of Service, you will be able to use or withdraw the proceeds after the Unverified NFT has been subjected to the 10-day clearing period. This time period may be altered in the future.