nft marketplace

Best NFT marketplaces in 2022

Non-fungible tokens (NFTs), used in the representation of real-world assets, have dedicated marketplaces that allow enthusiasts to buy and sell their works. If you are researching for the best NFT marketplace to use, this guide will come in handy. We will explore the top NFT marketplaces and their unique attributes. Let’s begin!

List of the Best NFT Marketplaces to Buy NFTs

Here is a full list of the most popular NFT marketplaces:

  • Rarible – Best NFT Marketplace For Network Diversity

Top on our list of best NFT marketplaces is Rarible. The platform offers the broadest range of NFT artworks, including popular brands like Bored Ape Yacht Club (BAYC), Meebits, Azuki, and Mutant Ape Yacht Club (MAYC). Rarible also hosts private digital artists’ works, allowing users to create and sell NFT(s).

SpecificationNFT Types: Art, Games, Collectibles, Music, and Sports
Blockchains: Ethereum, Flow, Tezos, Polygon
Reasons to buyMulti-chain support
Cost-effective
Reasons to avoidRequires RARI token for transactions
  • Looksrare – Top NFT Marketplace To Earn Rewards

Looksrare prides itself as the first community-driven NFT marketplace that actively rewards traders, collectors, and creators.  Users who buy or trade NFTs are rewarded with the network token, LOOKS. And all platform fees are shared 100% with LOOKS stakers.

SpecificationNFT Types: Art, Games, and Collectibles
Blockchain: Ethereum
Reasons to BuyCommunity-driven
Great platform to earn rewards
Reasons to AvoidLimited wallet support
  • Opensea – Premier NFT Marketplace on Ethereum

OpenSea is the top NFT hotspot operating on the Ethereum network. The NFT art marketplace is the largest digital collectible hub with billions in daily trading volumes. Users can discover, sell, and collect top-notch NFT arts on OpenSea.

SpecificationNFT Types: Art, Collectibles, and Videos
Blockchains: Ethereum, Polygon, Solana
Reasons to buyLargest NFT marketplace by daily trading volumes
Supports a large amount of digital assets
Reasons to avoidLimited wallet support
  • Nifty Gateway – Best NFT Art Marketplace For Fiat Payment

A spinoff from the Winklevoss Twins’ owned Gemini crypto exchange, Nifty Gateway is a major hub for select NFT artworks. The custodial platform allows users to buy, sell, and gift NFTs with fiat currencies.

SpecificationNFT Types: Art, Games, Collectibles
Blockchain: Ethereum
Reasons to buyZero gas fees
Buy, sell, and gift NFTs
Custodial platform
Reasons to avoidPlatform retains control of users’ NFTs
  • Axie Market ace – Top Platform For Axie NFTs

Axie Marketplace is the sales hub for the hugely successful Axie Infinity game. The marketplace allows users to upgrade, develop, exchange, and sell Axies, in-game characters, for ETH. Additionally, players get to trade in-game virtual lands, which can be developed and sold.

SpecificationNFT Types: Art, Games, Collectibles
Blockchains: Ethereum, Ronin
Reasons to buyCommunity-driven
Multi-chain support
Reasons to avoidFees can be steep
  • CryptoPunks – NFT Art Marketplace for Unique Characters

CryptoPunks is a set of 10,000 uniquely generated characters. Each Punk is rare and distinct, making them highly valuable. Note that Punks can only be purchased using ETH

SpecificationNFT Types: Avatars and Collectibles
Blockchain: Ethereum
Reasons to buy10,000 unique NFTs
Popular
Reasons to avoidSupports only Metamask
  • Binance NFT – Low Fee NFT Marketplace

Binance NFT marketplace features some of the most exciting NFT artworks and creators covering art, digital collectibles, sports, and gaming. The marketplace charges a flat 1% trading fee and runs on the Binance Smart Chain (BSC) network.

SpecificationNFT Types: Art, Games, and Collectibles
Blockchain: BSC
Reasons to buyCommunity-driven
Reasonable fee of 1%
Reasons to avoidLimited wallet support
  • Magic Eden – Top NFT Platform on Solana

Magic Eden is the first NFT marketplace based on Solana that we will be reviewing. The NFT platform features digital arts and collectibles operating in the sports and gaming space and crypto NFT wallets like Phantom, Solflare, and Torus.

Read about other NFT wallets here.

SpecificationNFT Types: Art, Games, Collectibles, and Sports
Blockchain: Solana
Reasons to buyLow fees
Multiple wallets support
Launchpad-compatible
Reasons to avoidOnly Solana NFTs are available
  • PancakeSwap – DEX Platform with NFT Compatibility

PancakeSwap is a decentralised exchange (DEX) with an NFT art marketplace. Although they can only be purchased with BNB, PancakeSwap offers NFT avatars.

SpecificationNFT Types: Art and Collectibles
Blockchain: BSC
Reasons to buyCommunity-driven
High transaction speed
Low gas fee
Reasons to avoidLacks multi-chain support

Decentraland allows users to buy and sell digital wearables, including virtual sneakers, clothes, watches, and jewellery. Virtual characters in the Decentraland ecosystem can then wear these digital wearables.

SpecificationNFT Types: Art, Games, Collectibles, and Wearables
Blockchains: Ethereum, Polygon
Reasons to buyCommunity-driven
Well-known
Flourishing Metaverse project
Reasons to avoidLimited wallet support
  • Solanart – NFT Marketplace on Solana

Solanart is an NFT marketplace that operates on the Solana blockchain. Users can buy and sell NFT paintings as well as in-game assets on Solanart.

SpecificationNFT Types: Art, Games, Collectibles, and Sports
Blockchain: Solana
Reasons to buyBuy and sell Solana NFTs
Low transaction fee
High scalability
Reasons to avoidHost network suffers performance setbacks
  • SuperRare – NFT Marketplace for Artists

SuperRare allows users to buy and sell NFTs from renowned global artists. The platform mainly features thought-provoking NFT artists and their works as well as videos. SuperRare is a top NFT photography marketplace for interested users

SpecificationNFT Types: Art, Video, and Collectibles
Blockchain: Ethereum
Reasons to buyCommunity-driven
Works from renowned artists
Reasons to avoidLimited wallet support
  • The Sandbox Marketplace – NFT Marketplace for 3D Voxel Arts

The Sandbox is a 3D voxel-themed NFT blockchain game that aims to revolutionize the gaming industry. Here, players are able to build, share, and monetise in-game assets.

SpecificationNFT Types: Art, Games, and Collectibles
Blockchain: Ethereum
Reasons to buyCommunity-driven
Well-known
Flourishing Metaverse project
Reasons to avoidLimited wallet support
  • NBA Top Shot – Top Platform for In-Game Video Moments

The NBA Top Shot is an NFT initiative from the National Basketball Association (NBA). Users are able to buy iconic in-game video moments of their favourite NBA stars and teams here.

SpecificationNFT Types: Card, Videos, Sport, and Collectibles
Blockchain: Flow
Reasons to buyEarn rewards
Exclusive in-game videos of NBA stars and team plays
Reasons to avoidNot multi-chain
  • NFTrade – Plug-and-Play NFT Art Marketplace 

NFTrade allows users to create and deploy their NFT collections without the hassle of creating smart contracts. The platform features drag and drop capabilities that allow users to buy, sell, swap, and farm NFTs across major blockchain networks.

SpecificationNFT Types: Art, Games, Sport, Collectibles
Blockchain: Multi-chain
Reasons to buyNFT aggregator
Swapping capability
Reasons to avoidLimited wallet support
  • Mobox – NFT Gaming Protocol For DeFi and NFTs

Mobox brings together the intricacies of decentralised finance (DeFi), blockchain gaming, and NFTs into a holistic union.

SpecificationNFT Types: Collectibles and Games,
Blockchain: BSC
Reasons to buyCommunity-driven
P2E plus DeFi
Reasons to avoidLimited wallet support
  • AirNFTs – Top NFT Art Marketplace For User-Experience

AirNFTs is a top NFT marketplace remarkable for its clean-cut user experience and rich platform design language.

SpecificationNFT Types: Art, Photography, Video, Sport, and Collectibles
Blockchains: BSC, Polygon, and Fantom
Reasons to buyCommunity-driven
Low gas fee
Earning potential
Great user experience
Reasons to avoidStill nascent
  • Aavegotchi – Yield Generating NFT Protocol

Aavegotchi is a yield-generating NFT protocol that works as a digital pet. The gaming platform includes DAO-based governance, NFT lending, a community-owned DEX platform, and a decentralised marketplace.

SpecificationNFT Types: Art, Photography, Video, Sport, and Collectibles
Blockchain: Ethereum and Polyon
Reasons to buyCommunity-driven
Feature-rich
Yield-generating
Reasons to avoidNone
  • Altura – NFT Platform for Developer Tools Integration

Altura is a developer-focused NFT tools integration platform. The protocol allows game developers to easily build blockchain-based assets into their applications while programming dynamic functionalities into their NFTs.

SpecificationNFT Types: Art, Photography, Video, Sport, and Collectibles
Blockchain: BSC
Reasons to buyCommunity-driven
Developer-friendly
Reasons to avoidLimited wallet support
  • SolSea – Top NFT Art Marketplace For Embedded Licenses

SolSea allows creators to embed licenses when they mint their NFTs. This way, NFTs can easily be traced to their original creators.

SpecificationNFT Types: Art, Photography, and Video
Blockchain: Solana
Reasons to buyCommunity-driven
Creator-focused
Enables embedded licenses
Low gas fees
Reasons to avoidOnly offers Solana NFTs
  • Foundation – NFT Marketplace for Creators

Like SuperRare, Foundation is picture-perfect for artists and creators. The platform aims to create a more community-driven creative economy for artists to better interact with their team of supporters, making it the best place for NFT pictures and other works.

SpecificationNFT Types: Art, Photography, and Video
Blockchain: Ethereum
Reasons to buyCommunity-driven
Creator-focused
Reasons to avoidETH gas fees are often high
top nft marketplace

FAQs

What are gas fees?

Gas fees are charges paid for completing transactions on a blockchain network.

Can I avoid gas fees?

Yes, the first option would be to use a low-fee protocol like Polygon or Tezos. Also, some platforms like OpenSea delegates the user to pay for the minting or gas fee when they make purchases.

What is minting?

Minting is the process of creating an NFT on a blockchain network. It essentially means recording data on the blockchain.

Do I need a crypto wallet?

In most cases, yes. Crypto wallets work like a regular bank account and are the only way crypto platforms send, store and receive crypto transactions. 

Can anything be an NFT?

Yes, anything can be minted as an NFT. Top NFT marketplaces now allow the minting of videos, music, and physical assets. Rarible is a top NFT music marketplace.

Are there any energy-efficient blockchains?

Yes. When choosing NFT marketplaces, consider the ones that offer cross-chain support for these low energy blockchains. This way, you can save on gas fees.

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