Trading Founder’s Node NFTs Simplified on NFT Harbor

Peter Zhang Oct 30, 2024 09:10

Explore how NFT Harbor facilitates the buying and selling of Founder’s Node NFTs through a secure and user-friendly platform, ensuring smooth and safe transactions.

The NFT marketplace NFT Harbor has become a popular platform for trading Founder’s Node NFTs, according to Gala News. By enabling the tokenization and transfer of these unique digital assets, NFT Harbor provides a secure environment for transactions.

Buying a Founder’s Node NFT

Purchasing a Founder’s Node NFT on NFT Harbor is straightforward. Buyers can navigate to the marketplace's homepage and select the 'Node' category from the collection dropdown menu. This will display all available listings. Once a user selects a listing, they can proceed to bid or buy the NFT directly.

NFT Harbor operates as an escrow service, ensuring that both the buyer and seller fulfill their obligations before completing the transaction. Buyers are required to transfer the payment to an escrow wallet, while sellers send the NFT to the same wallet. Once both items are secured in escrow, the exchange is finalized, and each party receives their respective items.

To prevent fraudulent activities, some listings may require a deposit. This upfront fee, paid by the buyer, helps secure the transaction and is applied towards the purchase price of the Node.

Selling a Founder’s Node on NFT Harbor

Sellers looking to list their Founder’s Node on NFT Harbor must first ensure that the NFT is properly tokenized. By clicking 'Create' in the top menu, sellers can choose the NFT they wish to sell, set an expiration date, and specify how long the deal should remain open.

After selecting 'Node' from the collection dropdown, sellers can set their desired pricing and decide whether to accept bids. If bidding is enabled, a minimum floor price must be established.

To safeguard against non-paying buyers, sellers can stipulate a deposit requirement, which acts as a deterrent against insincere offers. This practice helps maintain the integrity of the marketplace, although it could temporarily affect the seller's listing if the deposit is not received.

Once the details are confirmed, sellers can finalize the listing by clicking the 'Create Trade' button, making their Founder’s Node available for sale.

For more details, visit the official Gala News site.

Image source: Shutterstock

• nft
• blockchain
• crypto