Search for the best and low-priced NFT marketplace for buying and minting NFTs.
Selecting the right place for minting & buying NFT is the whole game of earning in the virtual world. Along with the type of marketplace which is best for your NFTs, you should also consider the gas fee factor. Select the best NFT platform that has a minimal gas fee to mint NFTs. Most NFT marketplaces use Ethereum and provide a low gas fee structure for newbies.
List of 5 Best NFT Platforms to Buy & Mint NFTs
Depending on the quality of services and fee structure, we have enlisted the top 5 NFT marketplaces with low gas fees.
- Rarible
Rarible is based on Ethereum, Flow, and Tezos blockchain that targets only art, photography, and games. Creators are allowed to choose any of three blockchains while minting NFTs. It has a few types but is owned by the big brands and community. It has the lowest carbon and gas fee charges. Rarible takes 2.5% on the buyer and 2.5% on the seller’s side.
| Names | Details |
| 1.BlockChain | EthereumFlowTezos |
| 2. NFT Types | ArtPhotographyGames |
| 3. Gas fee | 2.5% Deduction from seller & Buyer |
| 4. Reason to prefer | Community-owned |
- Binance NFT
Binance NFT marketplace is based on Binance Smart Chain (BSC) and Ethereum which support all types of NFTs. It is a vast and secure marketplace with enriched features. Binance NFT only charges 1% of the initial sale price as a service fee on the marketplace. One thing that is a little scary about the Binance NFT is that it doesn’t support the artist as other marketplaces do.
| Names | Details |
|---|---|
| 1.BlockChain | EthereumBinance Smart Chain |
| 2. NFT Types | All |
| 3. Gas fee | 1% on initial sale |
| 4. Reason to prefer | Large and secure marketplace |
- XANALIA
XANALIA is a multi-chain blockchain based on Ethereum, Polygon, and BSC connected by chainlink. It is a flexible marketplace that supports all types of NFTs with zero fraud. It supports all types of cryptocurrencies and non-crypto currencies. It has an affordable gas fee, i.e., 2.5%.It also give 2.5%, 5%, 10%, 15% royalty to the original seller. With the collaboration of Japanese authorities, they have launched ULTRAMAN and Rooster Fighter NFTs.
| Names | Details |
| 1.BlockChain | EthereumBinance Smart ChainPolygon |
| 2. NFT Types | All |
| 3. Gas fee | 2.5% on initial saleFlexible royalty rate of 2.5%, 5%, 10%, and 15% to the creator on every sale. |
| 4. Reason to prefer | Large and secure marketplace accepting crypto and non-cryptocurrencies. |
- Foundation
Foundation is an Ethereum-based blockchain that allows rare and exclusive types of NFTs such as fine art, digital art, photography, and 3D art. It allows limited creators to mint their NFTs. You will find high-quality art and projects in this marketplace. It has a low gas fee and charges 15% of the total initial sale price as a service fee on the marketplace.
| Names | Details |
| 1.BlockChain | Ethereum |
| 2. NFT Types | Fine art Digital art Photography3D Art |
| 3. Gas fee | 15% on initial sale |
| 4. Reason to prefer | Artist-run NFT marketplace |
- OpenSea
Opensea is a competitive marketplace based on Ethereum, Polygon, and Klatyn. It specifies NFT types like art, music, photography, collectibles, sports, virtual worlds, etc. It targets almost all NFTs and accepts more than 150 types of cryptocurrencies. Its main framework is shifted to Polygon, which has lessened the gas fee rates. It charges 2.5% per transaction and allows creators to charge a 10% royalty rate. It also provides free mintable university courses for beginners.
| Names | Details |
| 1.BlockChain | EthereumPolygonKlatyn |
| 2. NFT Types | Art Music Photography Collectibles Sports Virtual worldsAnd more |
| 3. Gas fee | 2.5% per transaction |
| 4. Reason to prefer | Free Mintable University courses |
Conclusion
Some NFT marketplaces offer low-cost carbon and gas-free minting with high-class features. These include Rarible, Foundation, OpenSea, XANALIA, and Binance NFT. Before minting or buying an NFT from any marketplace, you should see their fee structure and blockchain token used. The gas fee is an amount that you have to pay to use the blockchain platform. It is measured in GWEI and can be increased or decreased depending on usage. On average, 0.0042 ETH per transaction is being charged by almost every platform.
