Minting NFT Cost on BINANCE

https://krazykong.monster/

HOW MUCH DOES IT COST TO MINT AN NFT ON BINANCE?

Binance is one of the largest crypto wallets as well as the NFT marketplace.

Being one of the most popular platforms among NFT enthusiasts, Binance is a little costly when compared to other NFT marketplaces for minting and trading NFT

collections.

The

fees

vary

depending on various factors including network status and market condition.

1. Minting Fees Each NFT needs to incur a minting fee which

is

0.022

BNB

around

$4(depending on the market). On the other hand, Ethereum charges 0.12 ETH.

2. Royalty This is another best thing about NFT is that creators get the royalty on every sale. Depending on the number of sales, the creator can get 1% to 10% of royalty.

3. Deposit Fee Deposit

fees

or

gas

fees

are

deposited to the blockchain network for minting NFT. Gas fees also fluctuate depending on different factors.

4. Platform Fees At the time of sales, the person needs to pay the platform fees which are around 1%. Binance charges platform.

1%

of

sales

to

the

About Krazy Kong NFT Krazy Kong portrays the story of one of the modern Kong who is trying to forget his tumultuous past experiences and fit into the human society. After the long conflict between humans and animals Kong is finding ways for their coexistence. He is absorbing information from various media sources like entertainment, tv, and the internet. This NFT collection of Kong's portraits provides a window into his deep immersion, explorations, and experimentations of life and finding meaning in modern human society.

We are still at the early stage of our NFT project and planning to drop

some

collections

exciting

soon

on

NFT various

platforms. Join our Discord to know more about Krazy Kong NFTs.

THANK YOU