Buying NFTs FAQ

How do I buy fixed-price NFTs?

Buying items with a fixed price is simple on Fangible: Select the Buy Now button and follow the prompts in your wallet. Once the transaction is complete, the item will transfer to your wallet and the seller will receive the funds. It is that easy!

To view your purchased NFT, go to My Gallery.

Is there a minimum bid requirement?

Each time Fangibel asks for a little more than the last bid: an increase of about 5% of the starting price.

When are Gas Fees charged?

First-Time Sellers

If this is your first listing with Fangible, sellers must pay 2 transaction gas fees to set up their account. This is a one time fee that you will not pay again in the future.

Creators

Creating an NFT in Fangible costs Gas fees.

Selling & Buying

There are gas fees when the item is sold and who pays the fees, depending on transaction:

• Buyers pay the gas fees when purchasing fixed-price items.

• The last bidder pay the gas when accepting offers in the English Auction.

Why is the transaction confirmation time taking so long?

As demand increases, processing times take longer as well. If you are experiencing delays, you can visit https://bscscan.com/chart/gasprice to find out details about your transaction, including an estimate on when it should be confirmed. Do not worry though – it will eventually complete.

Where can I check my NFT providence and validity?

One of the unique benefits of NFTs is the ability to track every transaction on the Binance Smart Chain. Every NFT has an owner, creator, history, and this information is verifiable.

On each item page there is a section marked Chain Info where you can verify details about the contract used to create it: