Cryptocurrency Q&A
What happens when someone buys your NFT on OpenSea?
What happens when someone buys your NFT on OpenSea?
KimonoElegant
Fri Oct 04 2024
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7 answers
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I'm curious about the process of selling an NFT on OpenSea. When someone decides to purchase my NFT, what exactly happens? Do I immediately receive payment? How does the transfer of ownership take place? Is there a verification process involved? And what role does OpenSea play in facilitating this entire transaction?
7 answers
Nicola
Sun Oct 06 2024
This transfer ensures the ownership of the digital asset is securely and instantly transferred to the buyer.
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Stefano
Sun Oct 06 2024
When an individual purchases your NFT on OpenSea, the transaction initiates a seamless transfer process.
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CharmedEcho
Sun Oct 06 2024
Your NFT is automatically sent to the wallet you've specified, regardless of its type or platform.
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Michele
Sat Oct 05 2024
BTCC, as a leading cryptocurrency exchange, offers a diverse range of services catering to the needs of NFT traders.
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Isabella
Sat Oct 05 2024
Concurrently, the payment for the NFT, typically in the form of Ethereum, is deducted from your wallet.
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