What is a non-fungible token (NFT)?

A non-fungible token, also known as an NFT, is a blockchain-based token that marks the ownership and provenance of a specific asset, such as a picture or video.

What is Bybit NFT platform?

Bybit NFT platform provides you with one-stop NFT publishing and trading services. The NFTs provided by the platform include digital art, collectibles, GameFi, Metaverse, etc.

How to get an NFT account?

You can use your existing Bybit spot account to access the Bybit NFT platform. If you are using Bybit for the first time, please create a Bybit account first.

What currencies can I use to trade NFTs on the Bybit NFT platform?

Currently the platform supports ETH, BIT and USDT. Note that each NFT on Bybit is priced in only one token. For example, if an NFT uses BitDAO (BIT) as the denomination unit, it cannot be traded with other tokens such as USDT or ETH.

How do I deposit and withdraw coins on the Bybit NFT platform?

Please use your Bybit spot account to deposit or withdraw coins. The spot account is the deposit and withdrawal account of the NFT platform. The fees incurred for buying and selling NFTs can be viewed in the spot account.

In addition, you can get USDT, BIT and ETH through spot trading or asset exchange.

Which blockchain does Bybit NFT platform support?

Currently, the Bybit NFT platform supports the Ethereum (ETH) and Solana (SOL) blockchains.

As far as minting NFTs, Bybit only supports minting on the Ethereum blockchain. SOL-based NFTs can only be released on the Bybit NFT platform after minting is completed.

What transaction methods does the Bybit NFT platform support?

Currently, you can trade NFTs in the following ways: Fixed price. The NFT auction feature is expected to go live in March 2022*.

What is an NFT blind box?

An NFT blind box contains an exclusive random NFT corresponding to four rarity levels: N (common), R (rare), SR (rare), and SSR (specially rare). You can open blind boxes at any time, or buy and sell unopened blind boxes.

How many blind boxes can I buy?

When first sold, you can buy up to 10 blind boxes of the same series. For resale NFTs, there is no purchase limit.

How can I buy NFT on Bybit NFT platform?

Please go to the Bybit NFT platform, select your favorite NFT, and click Buy Now . Then, click Pay Now . After completing the payment, you have successfully purchased the NFT.

How do I sell NFTs on the Bybit NFT platform?

Please go to the account page, select the NFT you want to sell, click Publish Now , and go to the NFT Publishing page. Then, follow the steps below to publish your NFT:

  1. Select the denominated token (USDT, BIT or ETH)
  2. Enter the quantity
  3. Select the time to take off the shelf
  4. Click Submit
Where can I view NFT transaction records?

Click on the avatar in the upper right corner of the Bybit NFT page , and click My Records in the pop-up window to view your NFT transaction records.

How to revoke NFT release?

You can undo the posting at any time before the transaction is successful.

Does Bybit NFT platform support users to deposit or withdraw NFT?

Not currently supported.

Withdrawal of NFT* via Ethereum support is expected in March 2022. Note that NFT withdrawals require KYC authentication.

Are there any authentication requirements for NFT transactions on the Bybit NFT platform?

There are currently no requirements, but as indicated above, NFT deposits and withdrawals require identity verification.

Can I mint NFTs on the Bybit NFT platform?

Please note that Bybit does not support self-casting NFTs on the NFT platform. The NFTs traded on the Bybit NFT platform are minted through the Ethereum blockchain.

Go to Bybit’s Official Website