CONTENFT SERVICE FEES

conteNFT
2 min readOct 21, 2021

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conteNFT offers a decentralized social network, including an NFT marketplace platform for the creation, purchase, sale, exchange, or modification of unique non-fungible tokens (NFTs), implemented on the Binance Smart Chain blockchain (and other blockchains which will be integrated in the future) using smart contracts. conteNFT only provides a Platform to facilitate Transactions between you and other users (customer to customer), but conteNFT will not be storing or holding any Cryptoassets on behalf of any user. Users will be able to access Cryptoasset prices, trade information and utilize any trading agreements as made available on the Platform in order to conduct a Transaction. All Transactions are executed by the participating users in accordance with the terms and conditions of the smart contract between and as determined by the participating users.

conteNFT provides a service; you can choose whether or not to use our Service(s). Using conteNFT is voluntary and up to the User.

conteNFT always puts the interests of users first. We aim to create a platform where users can enjoy trading NFTs (Cryptoassets) and making profits most conveniently and easily. Therefore, in addition to always listening to users’ opinions and updating more useful functions, conteNFT also tries to maintain low service fees to help users make the most profit. Below are the detailed fees of conteNFT.

For normal users, conteNFT charges a 2.5% fee of the total transaction value every time a user successfully sells or buys NFTs. (Cryptoassets)

For conteNFT helper service users,conteNFT charges 5% of the total transaction value every time a user successfully sells or buys NFTs (Cryptoassets). And 0.5% of the total transaction when withdrawing crypto by using conteNFT helper service.

Currently, we do not charge fees when users receive Royalty payments.

We also do not charge NFT minting fee, this fee will be determined by the Binance Smart Chain blockchain network(and other blockchains which will be integrated in the future). We do however have a Marketplace mining system that can cover user’s minting fees.

conteNFT reserves the right to make any changes to the Service Fees without prior notice. Users are responsible for checking the Fees of conteNFT regularly before executing any Transaction that may incur Service Fees. The Service Fees will not include third-party fees that may arise out of or in connection with the creation, sale or exchange of Cryptoassets.

[***This content is for information purposes only and is not financial advice. We will not take any responsibility for your losses when you invest in Crypto Currencies or assets related to Crypto Currencies.***]

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conteNFT
conteNFT

Written by conteNFT

conteNFT is a new NFT social network platform where people can easily Create - Trade - Earn and Enjoy

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