Associated with the sale of your NFT, will come Nifty's fees. In this article, we'll break down the fees.


Fee Details:

Let's circle back on important fee details, such as who pays for fees and what they are.

  • In a buy/sell transaction on Nifty's, the seller pays the appropriate fees. The buyer does not need to pay anything extra and the seller will receive the sale price minus the Seller Fees.

How are the fees broken down?

The fees will vary based on the type of NFT being sold. The breakdown for each is below:

  • The fees for the Matrix Avatar Program are:

    • Platform Fee: 2%

    • Royalties: 6%

    • Total Seller Fees: 8%

  • The fees for the Featured artist NFTs are:

    • Platform Fee: 2%

    • Royalties: 8%

    • Total Seller Fees: 10%

  • The fees for Space Jam: A New Legacy are:

    • Platform Fee: 2%

    • Royalties: 6%

    • Total Seller Fees: 8%

  • The fees for Damien Hirst's The Currency are:

    • Platform Fee: 2%

    • Royalties: 5%

    • Total Seller Fees: 7%

Do you need to have a DAI/Palm balance in your wallet to process these fees?

  • For more information on this, please see our article here on if you need DAI/Palm to buy/sell on Nifty's.

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