Articles on: Store Features

How to Enable ERC20 Payment Tokens for Different Blockchains on your NFT Marketplace

Having different payment and transaction modes is a goal that every brand/business seeks to achieve. Being the NFT Marketplace owner if you also have been wondering to enable the ERC20 payment tokens on your marketplace then consider your wish granted.

Once you have got your ERC20 tokens activated on the NFT Marketplace, NFTICALLY provides you with the option or flexibility to enable/disable them as per your requirements. Also, we have enhanced the flexibility to add Tether USD and Wrapped Currency as additional payment option for the users.

Now, since we have excited you enough, let's get to the main point of how to enable all these amazing options from the Marketplace backend.

Follow the below-mentioned options and you will get the desired results in no time.

Go to your NFT Marketplace and click on the third icon on the top right. Now, choose the 'Store Settings' option from the drop-down menu.

Now select the 'Advance' option from the left panel of the screen.

The Advance tab would now open a number of additional features and options. Move ahead and select the option that says 'Payment Tokens'

The 'Payment Tokens' tab will show different blockchain networks for which you want to enable the ERC20 Token Payment option. Choose the respective blockchain network(s) on which you want to enable ERC20 Tokens, Wrapped cryptocurrency, and/or Tether USD.

On opening the tab for the blockchain network of your preference, you will find a number of options. For Ethereum blockchain network, you can enable options like Native Tokens, Tether USD, and Wrapped Ether. Select the the one that you want to enable as the payment option on your NFT marketplace and then click on the 'Save Changes' button to secure the settings.

For other blockchain networks like Polygon, Binance Smart Chain, Cronos, and Avalanche, you can choose the option to enable the Native Tokens and/or the option of enabling wrapped cryptocurrency. Make the changes as per the requirement and then hit on the 'Save Changes' button.

Once these options are enabled, you are good to have these options as additional modes of payment or transaction for your users. With such enhanced features and easy customizability, NFTICALLY is thriving to provide all the possible solutions under one roof.

Updated on: 01/05/2022

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