The platform also charges an initialization fee, a one-time fee that is charged through a smart contract and is not fixed but rather varies depending on the price of the gas on the Ethereum network. Some advantages of buying NFT at Polygon: There are no more costly wallet initialization fees. OpenSea only accepts cryptocurrency as payment. OpenSea's service fee is currently 2.5% of the transaction volume. The cost of this account initialization fee may vary widely, depending on Ethereum network congestion. OpenSea Initialize Account Fee (Updated 2021) Just follow the steps below: Open the collection you just created. . Once the collection is set up, you can add items to it and upload your work up to a maximum of 100MB per file. Select Sell to get redirected to the. Now you can set OpenSea to use the Polygon . Polygon on OpenSea NFT | How to Use OpenSea Without Gas Fees! (2021) You can set different types of listings for ERC-721 NFTs and ERC-1155 items. You'll need to initialize your account for making sell orders, which only needs to be done once for your account. Click Add Item. 1. Once the collection is set up, you can add items to it and upload your work up to a maximum of 100MB per file. Do I need to pay gas fees every time I post an NFT on OpenSea? How do timed auctions work? - OpenSea This is a smart contract execution telling the Ethereum network that your ETH wallet address will be one that can hold, buy or sell NFTs. opensea first listing fee - Daily Fort Worth on the upper right of your screen) and click Create, then scroll down to Submit NFTs, here's what it looks like: Step 4: Create your first collection. 02:02 - Understanding OpenSea Gas Fees 02:12 - One-Time Fees (Initialization Fees) 03:06 - One-Time Fees (Auction Approval Fee 03:58 - Recurring Fees (Auction Acceptance) 04:18 - Gas Fee Example 04:46 - Recurring Fees (WETH to ETH Transfer) 05:20 - Recurring Fees (Canceling a Listing)

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