Articles on: Store Features

Set a Commission for your NFT Store

Why open an NFT store just for yourself, when you can let other users also sell their NFTs at your store? How will it benefit you as a store owner? Well, it is a great opportunity to monetize your marketplace by charging some amount of store fees from users and you will receive your share directly to your wallet address. The storage fee is the amount that the store owner charges you for facilitating the transaction of your NFT at their store.

Follow the given steps to add store fees:

To start with, visit your store's website. Click on the avatar-like icon at the top right of your screen, and a drop-down menu will appear. Click on ‘Store Settings’.

Now under the 'General' settings, you will see some options horizontally on your screen. Click on ‘Store Fees’.

You will have store fee options available for both primary and secondary sales of digital assets at your store. You just have to mention the percentage you want to charge.

As a store owner, you can charge any percentage as a primary fee from users who are coming to your store to sell their NFTs. If a user resells an NFT that was first sold from your store, you can also have some percentage of that sale as a secondary fee.

You can also mention the wallet address in which you want to receive the store commission.

Scroll a little, here you will see the percentage of primary and secondary fees that NFTICALLY charges, based on the plan subscribed.

Once all the necessary inputs have been added, make sure to hit the 'Save Changes' button on the bottom right to secure the changes made.

Following these steps, you can set a commission for your NFT Store as the fee to facilitate NFT transactions. All this is made easy, flexible, and quick with NFTICALLY.

Updated on: 24/05/2023

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