The Opensea is a platform where people can possess, sell and produce their digital art. The Opensea was discovered in 2017 when millions of dollars transacted on this very site. These transactions worth hundreds of thousands of dollars made a question mark on the existence of the Opensea.
You probably don’t have to become a digital art freak to start on the Opensea. You need to have the basic information and need to be an excellent graphic designer if you’re there to sell NFTs (Non Fungible Tokens) or, one can say, digital assets. Opensea has successfully become the biggest marketplace where you can buy, sell and create digital assets, aka NFTs.
Have trouble selling NFTs on Opensea account? Well, say no more. In this article, you’re going to find all the things you need to know about an Opensea account.
Table of Contents
About Opensea
The Opensea is a vast platform, more likely the most prominent platform where people can trade and produce NFTs. The Opensea appeared in 2017, and until then, it is the most crowded NFT platform and has a volume of approx. 7 billion dollars!
The Opensea got many non-interchangeable signs one can think of. If you are thinking of starting on the Opensea, then don’t worry because it is entirely free, and trading a digital art Opensea gets 2 % of the service fee. An open ocean is a place for both producers and people who like to collect NFTs, so if you are one of them, the Opensea is the right place for you.
The Opensea is a legit 100% guaranteed marketplace, so once you pay for the digital asset, it’s all yours. The proof of ownership saves in a secured blockchain for security purposes. Opensea has this secured blockchain that allows secure shopping for crypto enthusiasts.
How does Opensea work?
The Opensea is a safe exchange platform where two parties can trade, buy or sell their digital assets or NFTs without building a conversation to build a trustworthy relationship so one can avoid scams. Thousands of people use the Opensea to discover trade and produce digital art, and because of the two-factor authentication on the website, there’s no window left for the scammers to sneak in.
Opens itself earns money by its service fee. So every time you trade an NFT, Opensea deducts a 2% service fee. If you produce digital art and change it for $1000, Opensea will get $250.
How to operate Opensea?
The best way to operate on the Opensea and use this platform is to install an application called meta mask using the device you will use to perform your trading. Unlike any other medium, Opensea requires some of your basic information before you start trading and producing digital art.
A thousand items from the music field to gaming, the platform has all of it, and it’s all on you to buy or select an item to buy. You can also like the item so it gets saved in your liked NFTS so you can save it for later.
The Opensea also has a betting process in which the highest bidder gets to keep the NFT. So if several people want the same NFT, then the highest bidder among them gets to keep it. Once you have brought an NFT, you can also sell it once fully acquired its ownership.
How to create an account on Opensea?
You can open an account on the Opensea for free, but you need some of the following applications to transact on the platform.
Ethereum wallet:
Before starting on Opensea, you need an Ethereum wallet so you can store all your cryptocurrency and the NFTs that you created or brought from the Opensea. Although more wallets openly accept, you can choose from one of them too.
The most commonly used wallet used by the crypto personalities on the Opensea is the meta mask. However, we would recommend some guide or proper research before you proceed to any platform.
CryptoCurrency
After opening up an Ethereum wallet, you need to have some cryptocurrency to buy and sell some NFTs. There are several cryptocurrencies, so you might be wondering which one you might use? Well, the app uses the currency called Ethereum and WITH.
So to go forward, you would need to buy some crypto first. After buying crypto, you can successfully proceed in purchasing and selling NFTs.
How to delete an Opensea account?
Is it even possible to delete Opensea account? Well, your Opensea account is your wallets address, so if you want to delete your Opensea account, you need to delete your wallets address no matter which one you are using,
Another way to help you out is to ask the discord server on the Opensea community. The account depends on the wallet you are using, so once you delete the wallet address, you successfully delete your Opensea account.
Conclusion
The Opensea is the best place to buy, sell and create an NFT. If you are thinking of coming to Opensea to show your digital art, then this is the right time to do so but remember to make up an Ethereum wallet before you sell them because all the crypto you will earn will store in your Ethereum wallet. The Opensea is getting bigger daily as people are more aware of crypto and NFTs. Nuts, once entirely owned, can be sold at a price of your choice, so if you brought an NFT for $100, then you can sell it for whatever price you like.
