Q: What are the fees?

${color}[#000000](Sales and auctions) The market takes 2% on each successful sale and an additional 10% fee goes to the NFT creator. Withdrawals The market charges a 2.9% fee with a minimum of $20 for each withdrawal.

Question 1

How to sell an NFT?

Accepted Answer

You can find your NFTs in your Inventory. You can put your NFT for sale or auction and select the amount of USDC (priced in USD) you wish to sell it for.

Go to your inventory
Select the item you want to sell.
Sell for a fixed price or auction the item
Define your fixed price or minimum bid.
Approve and Confirm the sale.

|| Note: The Arkane Market runs on Polygon/Matic , so only NFTs that live on the Polygon/Matic chain will be visible in your inventory.

${youtube}How to sell an item

Question 2

How to buy an NFT

Accepted Answer

Userguide

On Venly's marketplace, all NFTs are priced in USD and all can be bought with USDC - this is a design choice aimed at mass adoption and ease of use.

Top up your account balance with USDC (Important: USDC on Ethereum)

Press the USDC balance icon next to your profile name in the right top corner
Press Deposit
Send USDC to the Ethereum Address as shown below the QR code

${color}[#ff0000](! Note: Send only USDC on Ethereum to this deposit address! Sending coins or tokens other than USDC on Ethereum to this address will result in the loss of your deposit.)

Browse all NFTs and click "Buy" on the one you desire
Congratz! You bought an NFT, it will now appear in your inventory of the primary Venly wallet of the blockchain that your NFT lives on (e.g. Polygon, Binance Smart Chain, …)

Note: Buying an NFT on Venly does not require any transaction fees, Venly takes care of this. See also this guide

Extra

Can I use my Metamask wallet to buy NFTs?

No, coupled wallets like Metamask can only be used to sell NFTs. Note that you will need some gas (MATIC or BNB depending on which chain you are operating) to allow the wallet to transfer the NFT into Venly's custody which requires a transaction.

Can I transfer my NFT from my Venly wallet to my Metamask wallet?

Yes, visit https://wallet.venly.io/ and go to your invento

Question 3

What are the fees?

Accepted Answer

${color}[#000000](Sales and auctions) The market takes 2% on each successful sale and an additional 10% fee goes to the NFT creator.

Withdrawals The market charges a 2.9% fee with a minimum of $20 for each withdrawal.

Question 4

How can I add funds to my account?

Accepted Answer

On our marketplace NFTs can be bought or sold on different blockchains including Matic (Polygon) and Binance Smart Chain.

At this moment users can only transact (buy or sell NFTs) using USDC on Ethereum (ERC20). More information about USDC can be found via their official website https://www.circle.com/en/usdc. Once the funds are deposited via Ethereum, users can freely buy or sell NFTs on any blockchain.

To add USDC to your account follow these steps

Go to your balance
Press Deposit

Send USDC (ERC20 - on the Ethereum Network) to the Ethereum Address as shown below the QR code
Buy USDC via VISA using Transak
Buy USDC via VISA using Ramp

${color}[#ff0000](! Note: For option 1, send only USDC on Ethereum to this deposit address! Sending coins or tokens other than USDC on Ethereum to this address will result in the loss of your deposit.)

${color}[#108944](! Note: We are aware that the gas fees on Ethereum are very high which results in high fees for depositing and withdrawing USDC. Our team is currently looking into additional payment options)

${frame}Here you can use a custom legend

Question 5

I sent my NFT to Metamask and now I can't find it anymore

Accepted Answer

Metamask is a different project therefore we can't cover all potential issues that are related to Metamask, but to get you started here are a few common issues that you might be facing:

Metamask doesn't support all nft contract / types
Metamask is connected to the wrong network
Metamask is connected to the wrong wallet

| In general our advice is to export your Metamask wallet and import it back in Arkane, if you still can retrieve your nfts then please contact our support.

Question 6

Why is my NFT been marked as fake, spam or as inappropriate

Accepted Answer

NFTs can be marked as fake, spam or as inappropriate when the NFT contract has been flagged. NFTs that are flagged can not be sold on the market, but we still allow you to transfer them.

The usual reasons why an NFT is flagged are:

NFTs that violate copyright rules
NFTs that are used to spam
NFTs that are used to push advertisements
NFTs that are fake and are used for to scam people.

||| NFTs coming from a general minter contract such as the public minter of Polygon can also get blocked if that contract leads to many scam and/or fake nfts

Frequently Read Articles

Browse All Categories