The fees you pay at NFT marketplaces typically include:
Transaction Fees: These are fees paid to the blockchain network for processing your transaction (e.g., minting an NFT, buying or selling an NFT). The fee amount depends on the current network congestion and the blockchain platform you're using (e.g., Ethereum, Binance Smart Chain). These fees are usually denoted in gas fees (for Ethereum) or network fees (for Binance Smart Chain).
Platform Fees: Some NFT marketplaces charge a fee for using their platform to list, buy, or sell NFTs. This fee can be in the form of a percentage of the sale price or a fixed fee per transaction. Platform fees vary between different marketplaces.
Creator Royalties: If you're selling your own NFTs as an artist, you may have the option to set a royalty percentage for yourself. This means that every time your NFT is resold in the secondary market, you receive a percentage of the sale price as a royalty. The platform usually deducts this royalty automatically and sends it to you.
To find the specific conditions and fee structures for a particular NFT marketplace, you can usually refer to their website or documentation. Look for sections like "Fees," "Terms of Service," or "FAQ" where they outline the details of their fee structures and any other relevant conditions.
Additionally, it's a good idea to carefully review the fee structures and terms of service of multiple NFT marketplaces before choosing where to list your NFTs or buy/sell NFTs, as fee structures and conditions can vary between platforms.