How Much Can You Sell On Crypto.com

How tin I purchase a sales item?

You can buy items that are bachelor in main sales (including ‘drops’) or secondary sales. Pay with a credit/debit bill of fare, your account balance, or with Crypto.com Pay – via the Crypto.com App or using a wallet that supports ERC20 tokens (due east.one thousand. Metamask, WalletConnect).

If you accept accumulated some account balance, you tin use information technology to make purchases in one case you have your Crypto.com App account activated (KYC required). For more information on the Crypto.com App, please refer here.

Please note that you must take the aforementioned email accost for Crypto.com NFT and Crypto.com App. If you use dissimilar email addresses, we recommend you lot to change the email accost on the App. You can click the gear icon located in the peak left of the App homepage and and then click into your contour to change your email address.

If you would similar to use Crypto.com Pay, please click the ‘Crypto.com Pay’ button on the payment method page to proceed to checkout. You lot will and so run into a pop-upward folio with diverse wallet options. In one case you accept called your preferred wallet, please browse a pop-up QR code and/or follow the on-screen instructions to connect your wallet and complete the payment. Please visit our FAQ for more details.

Is in that location any credit/debit card purchase limit?

We have different weekly limits for credit/debit bill of fare purchases depending on whether you buy directly from drops or from the marketplace.

Drop purchases:

  • $10,000 weekly card limit

Marketplace purchases:

  • $500 weekly card limit if your business relationship is verified through SMS

  • $one,000 weekly card limit if yous have an activated Crypto.com App account (KYC required)

  • $10,000 weekly carte limit if y’all have an activated Crypto.com App account (KYC required) that is staking CRO and/or holds a Cherry-red Steel Crypto.com Visa Card (or college card tier)

What is the queue system?

We have implemented a queueing system for limited-time drops in order to ensure stable operation and improve your purchase experience.

threescore minutes before the drop starts, y’all will exist taken into a waiting room with other users looking to purchase the drop. x minutes before the drop starts, people in the waiting room will be taken to the queue where queue numbers go assigned randomly before the starting time of the outcome. In one case y’all are redirected to the driblet consequence page, yous tin can get-go the purchase process.

Those of you lot who join the queue after the numbers are assigned (i.e. later than x minutes before the drop begins) volition be directly assigned a number at the back of the queue.

When y’all are in the queue, please exercise non close the queue page. You will lose your spot in the queue if y’all get out this folio. Please make sure you join the queue with only i tab. Don’t effort joining the queue from multiple tabs or devices.

What currencies does Crypto.com NFT support for payment?

For payments with a credit/debit card, please check with your card issuer on the supported currencies.

For payments with Crypto.com Pay, please refer to our FAQ for a total listing of supported currencies on Crypto.com Pay.

How are sales items priced?

Sellers tin can select ane of 2 pricing models when they list a collectible for sale:

Fixed price model

  1. The seller sets a fixed price for the detail.

  2. The buyer purchases the detail at its stock-still toll.

Auction model*

  1. The seller puts an item up for auction by inputting the stop date and minimum bid amount.

  2. The buyer places a bid, which has to be higher than the previous highest bid by five% or $ten, whichever is higher. Please note the highest bidder cannot cancel his/her bid.

  3. Sellers can choose to terminate the auction earlier by a) canceling the auction, and the current top bidder gets a refund or b) terminating the auction early on, and the current top bidder wins the bid**. When the auction ends, the current peak bidder wins the bid. If information technology ends without whatever bids, the item goes back to “Non for sale” status

* Each edition can exist a standalone auction, meaning that a collectible with 100 editions can at most have 100 auctions happening simultaneously.

** Auctions cannot exist ended (canceled or terminated early on) by sellers within 24 hours prior to the expiration fourth dimension.

Are at that place tools to assistance me find NFTs virtually suited for me?

We offer a variety of filtering and sorting options in our market place, drove, and brand pages to discover the best NFTs for y’all.

Filter Options:

Sorting Options:

* Takes into business relationship both auction and stock-still price listings. For editions listed for auction, the value of its current bid (or “starting bid”, if the edition has no bids yet) is considered

What is a ‘drop’?

A ‘drop’ is a limited-time event, where you tin can buy items directly from creators you like. We will publish our drop schedule regularly on our official social media channels. Registered users tin can likewise subscribe to email newsletters on upcoming drops.

Are there any fees for making purchases?

Buyers practise not pay additional fees for making purchases. Simply select the NFT yous like and pay the exact amount of the listed toll.

For secondary sales, if you are the seller, a 1.99% processing fee volition be deducted from the total purchase amount to embrace the operational costs of the platform.

In improver, royalties volition exist deducted and shared with the creator of the item. The exact amount of royalties (every bit a percentage of the full purchase amount) is decided by the creator.

How do royalties work?

Royalties are paid to the creator whenever their work is sold on the secondary market, allowing them to exist recognized and compensated for their work.

When the creator puts an item up for sale, they can specify how much royalties to charge as a percentage of the listed cost for each secondary sale. For example, if you set a ten% royalty, then you will become $500 when your work is sold on the secondary market place for $5,000.

Notation that royalties are fixed at 10% for resales of collectibles created direct past creators through the platform.

How do I withdraw my balance?

Click your business relationship name in the pinnacle right corner and select ‘Account Activeness’ to view your residue. You tin then withdraw your residue to your associated Crypto.com App account (KYC required). Withdrawals to the Crypto.com App business relationship are in USDC.

For more information on Crypto.com App, please refer here.

Delight note that you lot must have the same e-mail address for Crypto.com NFT and Crypto.com App to connect the ii. If you use unlike email addresses, we recommend you to alter the email address on the App. Yous could click the gear icon located in the top left of the App homepage and then click into your profile to change your email address.

Are there any considerations to be aware of when ownership non-curated collectibles from not-curated creators?

You may purchase non-curated items from not-curated creators as per usual.

However, please annotation that these items may non be pre-screened past Crypto.com and face the risk of existence a prohibited auction item, as stated in our Sale Item Guidelines. This ways that the item could be delisted if constitute to be in violation and that all transactions relating to such items shall be final and no refund shall be due.

These items shall also be prohibited from withdrawal for a period of xxx days from the date the not-curated user receives minting privileges.

When you attempt to buy such items, you are asked to click a checkbox to admit these considerations and that yous accept done your research into the origin of the items.

It is e’er suggested to research the creator and the item to brand sure y’all are purchasing an NFT fabricated by an established creator producing original works.

Refunds

When do refunds occur?

Refunds occur when yous become outbid in an auction or when you paid for a collectible/pack in a driblet but failed to become assigned one. How the funds are returned works differently depending on the initial method of payment.

  1. In the case of outbid:

    • If you lot used your NFT account balance, the money held up for the bid will be released back to your account.

    • If you paid via the Crypto.com App, the funds will return dorsum to your App wallet, and the currency is based on the refund currency within your Crypto.com App settings, with USDC being the default.

    • If you paid using an external wallet (i.due east. Metamask), you will receive an electronic mail with a link to claim the refund, where you tin can cull to deposit the funds back to your Crypto.com App or to an external wallet. Claiming the refund this way may incur a processing fee.

    • If you paid using credit/debit card, the pre-authorised payment will exist voided*. Please allow for up to 1 week for the funds to exist released.

    *For auctions, users can only place bids with credit/debit bill of fare if the auction is ending within 96 hours.

  2. In the example of an order failure, where you paid for a collectible/pack in a drop but failed to get assigned 1:

  • If you used your NFT business relationship residuum, the money held up for the purchase will be released back to your business relationship residue.

  • If y’all paid via the Crypto.com App, the amount held upwardly for the purchase volition be released dorsum to your App account wallet.

  • If you lot paid using an external wallet, you volition receive an e-mail with a link to merits the funds. Claiming the refund this style may incur a processing fee.

Please note that all refunds will be discipline to the exchange rate at the time of refund in cases where the paid currency is different from the refund currency.

What’south a verified creator or collection?

To assistance users place genuine creators and collections, blue checkmark badges are added to indicate that Crypto.com NFT has verified their authenticity.

Tin I go my user business relationship or collection verified?

Account and drove verification is currently reviewed and approved by internal staff only. A collection verification application process will be fabricated available in the most future.

Source: https://help.crypto.com/en/articles/5074395-buying-and-selling

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