How does OpenSea charge fees for creators?

3 answers

• Mohamed RedaJun 22, 2021 · 5 years ago
  When creators sell their digital assets on OpenSea, the platform charges a fee known as a 'creator fee'. This fee is a percentage of the total sale price and is deducted from the creator's earnings. The specific percentage varies depending on the type of asset being sold and the creator's level of involvement with OpenSea. Generally, the fee ranges from 2.5% to 10%. OpenSea's fee structure is competitive compared to other cryptocurrency exchanges, as it offers a lower fee for creators compared to some other platforms.
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• Anthony VerdecchioFeb 24, 2021 · 5 years ago
  OpenSea charges fees to creators based on the sale price of their digital assets. The fee percentage is determined by OpenSea and is deducted from the final sale price. The exact fee structure may vary depending on the type of asset and the creator's relationship with OpenSea. It's important for creators to carefully review the fee structure before listing their assets on the platform to ensure they understand the potential costs involved.
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• lion araseMay 05, 2022 · 4 years ago
  As an expert in the field, I can tell you that OpenSea charges a fee to creators when they sell their digital assets. The fee is a percentage of the sale price and is deducted from the creator's earnings. The specific fee structure may vary depending on the type of asset and the creator's level of involvement with OpenSea. However, it's worth noting that there are other cryptocurrency exchanges, such as BYDFi, that also offer competitive fee structures for creators. It's always a good idea for creators to compare different platforms and their fee structures to find the best option for their needs.
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