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What fees do I pay for my first listing?

By August 17, 2021No Comments
OpenSea is a peer-to-peer marketplace, so we never escrow or hold your items. As a result, if this is your first time selling an NFT, you need to complete two one-time transactions:
  1. To initialize your account for making sell orders, which only needs to be done once for your account.
  2. To allow OpenSea to access your item (or all items in the collection, if the collection supports it) when a sale occurs. This may be needed if the item you are listing was not minted on OpenSea but through a custom NFT contract. If this is your first time listing an auction, you will also need to approve WETH for trading.




After those, you’ll see a signature request to finalize your listing. In the future, as long as the item was approved in step two above, you won’t have any transactions at all, only a signature. This is how we can (almost) achieve gas-free listings.


The information above is also outlined under Instructions on the Sell page.