XRP NFT Marketplace - Trade NFTs Without Broker Fees
An NFT sale on the XRP Ledger can happen directly between seller and buyer, or through a marketplace that brokers it and keeps a fee. Which is which, what the marketplaces charge, and how to trade without paying a broker.
Direct or brokered
- Direct: the seller’s offer is open to anyone (or to one buyer), and the buyer accepts it. Seller gets the price minus any creator royalty; nobody else takes a cut.
- Brokered: the seller’s offer is locked to a marketplace’s account, which matches it with a buyer’s higher offer and keeps its fee out of the difference between the two.
Both settle in one transaction: the NFT and the payment change hands together, or not at all (how NFT trades work).
What the marketplaces charge
| Broker | Brokered sales, XRP | Fee |
|---|---|---|
| xrp.cafe | 4,507,726 | 1.57% |
| Art Dept Fun | 66,081 | 0.68% |
| OpulenceX | 65,639 | 1.02% |
| BIDDS | 38,990 | 1.26% |
| XPMarket | 10,710 | 1.48% |
Trading on xrpl.to
- Buying: an NFT’s page shows the cheapest offer you can actually fill, direct or brokered; a brokered one names the broker and its fee before you buy.
- Selling: List for Sale creates a direct offer, so the buyer pays your price and no broker fee.
- Wallets: a wallet created or imported in the browser (a seed, or Xaman’s secret numbers), or a Ledger device.
Browse NFT collections; the whole market’s sales, royalties and broker fees: NFT sales stats.
Other places to trade
xrpnft.com is a marketplace for XRP Ledger NFTs. Wherever you trade, the same NFTs and offers sit on the ledger, so an offer made in one place can be accepted in another, unless it is locked to one marketplace’s broker.
Questions
- Do XRP Ledger NFT sales have fees?
- Three kinds. A network fee of about 0.000012 XRP on every transaction; the creator’s royalty, set at mint and taken from the price; and, only when a marketplace brokers the sale, its broker fee. A direct offer has no broker.
- How do I sell an NFT without a broker fee?
- List it with a direct sell offer: on xrpl.to, List for Sale on the NFT’s page. A buyer who accepts it pays your price and nothing else to a third party.
- Which wallets can trade NFTs on xrpl.to?
- A wallet created or imported in the browser on xrpl.to (from a seed, or from Xaman’s secret numbers) and Ledger hardware wallets.