What is WazirX NFT Marketplace?

Created by WazirX NFT, Modified on Sat, 28 May 2022 at 10:13 PM by Imran Khan

What is WazirX NFT Marketplace?


What is NFT?


A non-fungible token (NFT) is a unique digital item. The digital item can be art, audio, videos, items in video games, and other forms of creative work. The digital art that you create and drop here as an NFT can be collected by collectors. The transaction is made possible through the use of blockchain. WazirX NFT marketplace uses Binance Smart Chain.


 


What is WazirX NFT Marketplace? What can I do at NFT Marketplace?
WazirX NFT marketplace is an NFT marketplace for artists and creators from India's most trusted Bitcoin and cryptocurrency exchange & trading platform - WazirX. NFT marketplaces are the gateway to buying, selling, and trading NFTs.



Can I sign up using my WazirX account?


No, as the NFT marketplace is decentralized, you would be signing up to our platform using your own cryptocurrency wallets. We currently support Metamask and Binance wallets.


Here's a guide on how you can create an account at the WazirX NFT Marketplace.


 


How to use WazirX NFT Marketplace?



I need some help. How can I contact support?
Please read through this FAQ series. You can also reach out to us at nftsupport.wazirx.org


Do you have an OpenSea integration?
No, we don't support integrations to other NFT marketplaces.


Which blockchain is supported?
All transactions are recorded on the WazirX NFT platform will be recorded in the Binance Smart Chain.


 


Why not Ethereum?


The rising congestion on the Ethereum network is leading to larger and larger gas fees. This is making both the creation and bidding on NFTs increasingly expensive, just from a baseline. Whereas Binance smart chain is low on gas fee. If we make the comparison then a transaction on Ethereum would cost $60-$100 on gas fee, whereas BSC costs only $1.


And, also NFTs are interoperable between blockchains in the near future. You can even transfer NFTs from BSC to Ethereum.

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