I am even 99% sure, that my art would not sellso I would just lose so much money. i would love to start selling my works on opensea but i can see the initialize fee is really high (around 250 euros at the moment), ive got to understand that is somewhat chained to gwei price, so i would While it doesn't cost anything to create an account with OpenSea and start browsing, there are fees for initiating certain transactions using OpenSea. I can't seem to figure out why that fee is so high right now. Same here, but I stop and quit Opensea immediately after I see the $350 fee (to initialize account). Unofficial Subreddit for discussing how to navigate the NFT marketplace OpenSea and web3 in general. I know that opensea needs to "initialize" my account with my wallet and that requires me to pay gas. Today, we’re announcing the Collection Manager on OpenSea, allowing you to create your own NFTs completely for free, without paying any gas. I minted my first nft yesterday with Polygon and was expecting to see the gas fee for initialising my account to list my first nft for sale but then it listed without any fees so now I'm questioning if I've I wanted to create an accountand I was asked for a gas fee of 334$thats just a joke. It's a free account but it costs gas fee to process a new contract. I was about to but OpenSea shows 0 ETH, when I actually have both the basic and advanced gas fee available. The gewi prices seem relatively normal How come I am able to sell certain projects without having to pay a gas fee and then some of my other NFTs are still asking me to pay a gas fee just to list it? Is it possible to initialize your account with Polygon and pay low/no gas fees? (xpost from /r/opensea) OpenSea charges an one-time initialize gas fee to start the contract on a new OpenSea account similar to account registration. After the first initial two, you'll be able to list your stuff on Hi, I tried selling some NFTs and in order to do so I must first initialize the account. Does the NFT now exist "on-chain"? What is the exact transaction I'm paying for when I "initialize" my account? OpenSea is mostly free after you have initialized your account. Selling these NFTs is also gas-free — you just have to I looked at the other NFTs listed for sale in my account, and I can modify the For Sale price without having to initialize my wallet again. Does the NFT now exist "on-chain"? What is the exact transaction I'm paying for when I "initialize" my account? You're probably referring to the GAS Fee, which fluctuates and is not something the platforms like Opensea control. Its one quite large fee (because of the mining fees) and then a smaller one (im not sure about the difference between the To initialize your account for making sell orders, which only needs to be done once for your account. All NFTs in my account are ERC-721 tokens in the same wallet. . r/opensea: Unofficial Subreddit for discussing how to navigate the NFT marketplace OpenSea and web3 in general. Also, if the NFT . However, when you create a collection on opensea, you are actually deploying a smart contract to the network that’s tied to your wallet You are connecting your wallet/account to the shared OpenSea You do have to pay the gas fee to initialize your account if youre a new seller. In order to accept an offer, I am Note that the first time you sell on OpenSea, you'll be charged a once-off account initialization fee to list on Ethereum. There are two 0E (+gas) transactions that give OpenSea the permissions needed to properly run the sales, auction, and transfer aspects of What happens when you pay the initial fee at OpenSea and list an item for sale. 181K subscribers in the opensea community. 1) Digital Currency (ETH) You can get ETH, the digital currency that fuels So I am trying to initialize my account and every time I click initialize it just closes and brings me back to my NFT. To allow OpenSea to access your item (or all items in the collection, if the collection supports it) when a I know that opensea needs to "initialize" my account with my wallet and that requires me to pay gas. I Unofficial Subreddit for discussing how to navigate the NFT marketplace OpenSea and web3 in general. What happens when you pay the initial fee at OpenSea and list an item for sale. io says its been confirmed. Do Hi Guys i was setting up my OpenSea Account for the first time and the intialization with the first transaction is already taking 2h even though etherscan. It goes to the miners. This guide explains the three things you’ll need in place to open your account and start buying or selling NFTs on OpenSea. Does my Coinbase wallet have to have the ETH already preloaded into it to initialize? I have two MetaMask accounts so that I can "practice" with a different type of content before I begin building and selling my art collections on my main Opensea account.
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