Higby Creative

Understanding Gas Fees on OpenSea.io

I created my first NFT on OpenSea and had to pay a one time gas fee. I thought that was it as far as money going out. I was wrong.

Then, I sold my first NFT, which I listed for a very affordable price and was charged yet another “gas fee” that was more than what I made. What? Yeah, that sucked. So, I started to read more about how not to pay gas fees every time an NFT sells. And here’s how to do it:

List it as a set price. Not on auction. Or sell it for at least 1 ETH. As of today 1 ETH is about $1,700. So, that makes your NFT quite…