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Everything you need to know about multi currencies on enter, and a bit about how it can benefit $NFTART!
You can now buy NFTs on enter with $NFTART, BNB and BUSD! It's easy and intuitive on the site, just pick an NFT and buy it for whatever currency it is listed for.
See a nice NFT listed for a currency you don't have? Click the buy $NFTART button in the bottom right corner. You'll be taken to a widget where you can buy and swap to any of the three currencies.
Fees with different currencies 💸
When using our in-house currency $NFTART, the only fees you have to consider is the BSC gas fee. Sales in BNB and BUSD are taxed with a 2.5% fee. The fee is included in the displayed listing price.
Can I list an old NFT for BNB/BUSD?
Yes, you can! Simply un-list the NFT, and choose the currency you'd like to sell it for.
💡Why did you introduce multi currencies?
On 18/10 - 21, the community decided to introduce BNB and BUSD as additional currencies on the enter platforms through our very first governance proposal. It was proposed with the goal of opening up to a broader range of artists and collectors, as well as increasing the buy pressure and reducing the volatility of $NFTART. You can read the full proposal and the reasoning for it here
What about $NFTART? 🤔
Sales on enter with $NFTART always lead to a slightly higher burn + redistribution to all token holders.
As $NFTART sales are exempt from any transaction fee, it remains competitive as a currency on the platforms.
We will keep adding use cases in the future to grow the utility of the $NFTART token on all enter platforms, such as staking, governance, and much more.
Still got some questions about multi currencies? Get help here!