Question 1

How much does it cost to mint an NFT on OpenSea?

Accepted Answer

OpenSea does not charge a fee for minting an NFT, however, you will pay a fee based on the final sale price of your NFT, which at the time of writing is 2.5% of the final sale value. Payment tokens are used to buy and sell your NFTs.

Question 2

Can I Mint an NFT for free?

Accepted Answer

And yes, no coding is needed. Let me take you through the leading platforms which you can use to create and sell your unique NFT in a few minutes. Quite user-friendly creation experience allows you to create the token for free fast and efficiently. Creation is free but sale is not.

Question 3

Why are NFT gas fees so high?

Accepted Answer

Fees required to deploy NFTs on a network are high given their complex and memory-heavy nature. Thus, a large number of transactions were required to successfully carry out the launch of “Stoner Cats.” Their high gas fees help them to be written on the blockchain quickly.