{"id":1792,"date":"2022-02-10T00:25:20","date_gmt":"2022-02-10T00:25:20","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=1792"},"modified":"2022-02-10T00:25:21","modified_gmt":"2022-02-10T00:25:21","slug":"all-you-should-know-about-the-newly-launched-bybit-nft-marketplace","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=1792","title":{"rendered":"All you should know about the newly launched Bybit NFT Marketplace"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p><strong>Disclosure:<\/strong> This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more \u203a<\/p>\n<p>One of the fastest-growing cryptocurrency exchanges, Bybit, recently joined the non-fungible token (NFT) bandwagon by launching its own marketplace.<\/p>\n<p>Launched on January 20, the new Bybit NFT Marketplace is a one-stop destination where users can list, sell, purchase and trade digital collectibles.<\/p>\n<h2>Buying and trading NFTs\u00a0<\/h2>\n<p>The new marketplace leverages a straightforward and simple process \u2013 for both NFT buyers and sellers.<\/p>\n<p>Without the need to create or import any crypto wallet, the platform allows registered Bybit customers to purchase and trade NFTs simply using assets in their Spot account.<\/p>\n<p>Checking out the ownership history of listed collectibles and verifying their authenticity is equally uncomplicated since interested buyers can find all the important information by clicking the NFT\u2019s profile page on Bybit.<\/p>\n<p>Meanwhile, NFT owners can resell their NFTs to other Bybit users and are soon going to be enabled to withdraw them to their personal wallets.<\/p>\n<p>Bybit currently charges buyers zero transaction fees, while only charging the seller a transaction fee of 1% per trade.<\/p>\n<h2>Listing and selling NFTs<\/h2>\n<p>As a royalty payment, the crypto exchange pays 1% of every secondary NFT sale to the original owner\u2013apart from a revenue cut from the primary sales.<\/p>\n<p>Some NFTs on the marketplace are sold as \u2018Mystery Boxes\u2019 which contain a randomized item from a collection, in different rarity levels.<\/p>\n<p>As an alternative to selling them directly to other Bybit users, sellers can opt to sell their NFTs as Mystery Boxes.\u00a0\u00a0<\/p>\n<p>While the crypto exchange currently helps NFT projects with minting, Bybit will soon enable creators and rights owners to mint and list NFTs on their own.\u00a0<\/p>\n<p>By listing their NFTs on Bybit, creators, developers, brands, or intellectual rights owners gain instant access to a five million trader base.<\/p>\n<p>In the near future, the marketplace will also support selling through NFT auctions.<\/p>\n<p>Posted In: NFTs, Sponsored <\/p>\n<p><h2>CryptoSlate Newsletter<\/h2>\n<\/p>\n<p>Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.<\/p>\n<h2>Get an edge on the cryptoasset market<\/h2>\n<p>Access more crypto insights and context in every article as a paid member of CryptoSlate Edge.<\/p>\n<p>  <strong>On-chain analysis<\/strong><\/p>\n<p>  <strong>Price snapshots<\/strong><\/p>\n<p>  <strong>More context<\/strong><\/p>\n<p> Join now for $19\/month Explore all benefits<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/all-you-should-know-about-the-newly-launched-bybit-nft-marketplace\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more \u203a One of the fastest-growing cryptocurrency exchanges, Bybit, recently joined the non-fungible token (NFT) bandwagon by launching its own marketplace. Launched on January 20, the new Bybit NFT Marketplace is a one-stop destination where users [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-1792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/1792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1792"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/1792\/revisions"}],"predecessor-version":[{"id":1794,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/1792\/revisions\/1794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/1793"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}