How to Sell NFTs

List and sell your NFTs in the marketplace

Overview

Selling NFTs on Centaurus allows you to monetize your digital assets. This guide covers everything from listing to completing sales.

Prerequisites

To sell NFTs, you need:

•NFT Ownership - You must own the NFT you want to sell
•Connected Wallet - Your wallet must be connected to Centaurus
•SOL for Fees - Small amount of SOL for listing and transaction fees

Listing Your NFT

Step 1: Access Your NFT

Navigate to the NFT you want to sell:

•Go to Your Profile - Visit your profile page
•Select Collection - Choose the collection containing your NFT
•Click on NFT - Open the NFT details page

Step 2: Start Listing Process

Initiate the selling process:

•Click "Sell" - Find the sell button on the NFT page
•Choose Listing Type - Select fixed price or auction
•Set Your Price - Enter the price you want to sell for

Step 3: Configure Listing

Set up your listing details:

•Price in SOL - Set your desired price
•Listing Duration - Choose how long to list (if applicable)
•Reserve Price - Set minimum price for auctions
•Review Details - Double-check all information

Step 4: Complete Listing

Finalize your listing:

•Approve Transaction - Sign the listing transaction in your wallet
•Pay Listing Fee - Small fee to list the NFT
•Wait for Confirmation - Wait for blockchain confirmation
•NFT Goes Live - Your NFT is now available for purchase

Pricing Strategies

Research Market Prices

•Similar NFTs - Check prices of similar NFTs in the collection
•Recent Sales - Look at recent transaction history
•Market Trends - Consider current market conditions
•Creator Reputation - Factor in the creator's track record

Pricing Considerations

•Original Purchase Price - What you paid for the NFT
•Market Demand - How popular the collection is
•Rarity Level - How rare your specific NFT is
•Condition - Any changes or updates to the NFT

Pricing Tips

Follow these tips for better pricing:

•Start Competitive - Price slightly below similar NFTs
•Consider Offers - Allow buyers to make offers
•Be Patient - Don't rush to lower prices immediately
•Monitor Market - Adjust prices based on market changes

Listing Types

Fixed Price Listing

•Set Price - Choose a fixed price for your NFT
•Immediate Sale - First buyer gets the NFT
•No Bidding - Simple buy-it-now format
•Instant Transfer - NFT transfers immediately upon purchase

Auction Listing

•Starting Price - Set the minimum bid amount
•Reserve Price - Optional minimum price to accept
•Auction Duration - Set how long the auction runs
•Highest Bidder Wins - NFT goes to the highest bidder

Managing Your Listings

Active Listings

•View All Listings - See all your active listings
•Edit Prices - Update prices if needed
•Cancel Listings - Remove listings if you change your mind
•Track Views - Monitor how many people view your NFT

After Sale

•Receive Payment - SOL is automatically transferred to your wallet
•Update Profile - Your profile reflects the sale
•Transaction History - Sale appears in your transaction history
•Tax Considerations - Keep records for tax purposes

Fees and Costs

Listing Fees

•Small Fee - Minimal cost to list an NFT
•One-time Payment - Pay when you create the listing
•No Hidden Costs - All fees are transparent

Sale Fees

•Platform Fee - Small percentage of the sale price
•Network Fees - Solana transaction costs
•Total Deducted - All fees are calculated and shown upfront

Tips for Successful Sales

Optimize Your Listing

•Good Photos - Use high-quality images
•Detailed Description - Write compelling descriptions
•Set Competitive Prices - Research and price appropriately
•Be Responsive - Answer questions from potential buyers

Marketing Your NFT

•Social Media - Share your listing on social platforms
•Community Engagement - Participate in relevant communities
•Creator Networks - Leverage creator connections
•Timing - List when your target audience is active

Troubleshooting

Listing Issues

•Insufficient SOL - Ensure you have enough SOL for fees
•Wallet Connection - Verify your wallet is properly connected
•NFT Ownership - Confirm you own the NFT you're trying to sell

Sale Problems

•Transaction Fails - Check network conditions and try again
•Payment Issues - Verify buyer has sufficient SOL
•Transfer Problems - Contact support if NFT doesn't transfer

Price Adjustments

•Market Changes - Adjust prices based on market conditions
•Competition - Lower prices if similar NFTs are cheaper
•Demand Shifts - Consider demand changes in your pricing

Security Considerations

Keep your sales secure:

•Verify Buyers - Be cautious of suspicious accounts
•Check Transactions - Verify all transaction details
•Avoid Scams - Don't fall for fake buyer schemes
•Use Official Platform - Only sell through official Centaurus channels

Tax and Legal Considerations

Record Keeping

•Transaction Records - Keep detailed records of all sales
•Cost Basis - Track your original purchase prices
•Profit/Loss - Calculate gains and losses for tax purposes
•Professional Advice - Consult tax professionals for guidance

Compliance

•Local Laws - Understand regulations in your jurisdiction
•Reporting Requirements - Know what you need to report
•Documentation - Maintain proper documentation

Need Help?

If you need assistance with selling NFTs, contact our support team through Telegram or email.