Author: sandumildred2022
OpenSea.io makes it easy to purchase & trade digital collectibles. The platform is robust, inventive, and enjoyable to use. It enables anybody to enter this expanding sector for the initial period. OpenSea makes money by collecting fees from successful transactions as a marketplace for NFTs (non-fungible tokens), rare digital products, and crypto collectibles. The cost is 2.5% from the seller’s standpoint. This implies that if you sell an NFT for 100 ETH, you will retain 97.5 ETH, and OpenSea would pocket 2.5 ETH (2.5%). How does OpenSea generate revenue? What is their business model? This blog will address the most…
Even if you weren’t aware of it at the time, if you’ve ever participated in an Initial Coin Offering (ICO), there’s a good chance you used one of the services provided by cryptocurrency exchanges. They facilitate cryptocurrency trading on a larger scale than was previously possible for retail investors and make ICOs easier to execute than they would be otherwise. If you’re interested in buying, selling, or trading virtual currencies, keep reading to learn how cryptocurrency exchanges operate and why you should be concerned about them. A Brief Overview of Crypto Exchanges Users can buy, sell, or trade cryptocurrencies on…