NFT platforms 2023: Optimal marketplaces for buying and selling digital assets

The market for non-fungible tokens is demonstrating a new wave of rise in the crypto space. Over the past week, the volume of NFT trading showed an impressive rise, reaching $179 million — the highest figure since April 2024. The Punks collection stands out with an astounding rise of 665%. Let's take a look at the best platforms for trading NFTs that allow for the most effective use of the current market upturn.

NFT marketplaces are blockchain platforms designed to facilitate the exchange of non-fungible tokens among market participants. These platforms serve as central hubs where creators and collectors can engage in the creation, purchase, sale, and exchange of NFTs.

1. OpenSea

OpenSea occupies a leading position among NFT platforms in the modern ecosystem. The marketplace offers a variety of NFT categories: digital art, collectibles, domain names, photography, music, PFP, utility coins, trading cards, and virtual worlds.

The marketplace is initially built on the Ethereum blockchain, but also supports operation with Polygon, Avalanche, Solana, Klaytn, Arbitrum, Optimism, Zora, Blast, Sei, and Base.

According to the analytical platform Tiexo.com, OpenSea is the leading NFT marketplace by trading volume. In the last 24 hours, the platform recorded sales volume of $4.92 million, accounting for 27.5% market share. The commission for secondary sales on this P2P platform is 2.5%.

Key Advantages:

• Wide selection of NFT categories
• Multichain support
• High liquidity of assets

2. Magic Eden

Magic Eden ranks second among NFT platforms. Launched in September 2021, this multichain marketplace supports operations with Solana, Polygon, Ethereum, and Bitcoin. Recently, the platform expanded its functionality by adding support for ApeChain, Base, and Arbitrum.

Magic Eden began to stand out in trading volume at the beginning of last year, especially after adding support for Bitcoin Ordinals collections. Since then, the platform has maintained its leading position for the past six months, outperforming OpenSea and Blur.

In the last 24 hours, Magic Eden ranked second in trading volume with a figure of $4.76 million, which accounts for 26.61% of the total market share.

Key Features:

• Full support for Bitcoin Ordinals
• Intuitive interface
• Fast transactions

3. Blur

Blur ranks third among NFT platforms. Launched in December 2022, this decentralized marketplace operates on the Ethereum and Blast blockchains. The platform is primarily aimed at professional NFT traders looking to maximize profit from their trades.

Earlier, Blur surpassed Magic Eden and OpenSea, becoming the leading NFT marketplace in the world by sales volume.

The platform offers secured lending and allows users to view OpenSea listings directly in its interface. The transparent trading system enables users to explore the transaction history of NFTs, providing additional information about the market value of assets.

In the last 24 hours, the platform recorded a trading volume of $4.02 million, corresponding to a 22.7% market share.

Who it is for:

• Professional NFT traders
• Users who value detailed analytics
• Active traders with high volume of operations

4. Tensor

Tensor is yet another outstanding NFT platform that deserves attention in the current bull cycle. Launched in July 2022, the platform is built on the Solana blockchain and offers advanced functionality for traders and creators.

Among the main features of Tensor:

• Real-time data analytics
• Candle charts for NFT
• Automated market-making pools
• Mass operations (swaps, bets, listing)

Tensor is designed to provide deep liquidity, fast transactions, and the ability to earn additional rewards. The platform also offers unique financial tools such as Price Locks.

In the last 24 hours, Tensor recorded a trading volume of 2.49 million USD, which corresponds to a market share of 13.91%.

Ideal for:

• Traders on the Solana ecosystem
• Users requiring advanced trading tools
• Analysts of the NFT market

5. Rarible

Rarible is a community-oriented NFT marketplace launched in November 2023. The platform enables interaction between various blockchains, including Ethereum, Solana, Tezos, IMX, and Polygon.

Holders of token $RARI gain access to Rarible DAO, which gives them voting rights in the management of the project.

Rarible allows digital artists to create NFTs without special programming skills. The decentralized structure of the platform and customizable options attract creators seeking creative freedom. The marketplace makes NFTs more accessible to a broad community of digital creators.

Key Advantages:

• The simplicity of creating NFTs without coding skills
• Multi-chain operations support
• Management through DAO

6. Mintable

Mintable is an Ethereum-based platform launched in December 2020. The marketplace is known for its seamless process of buying, selling, and minting NFTs.

The platform offers a wide range of NFT categories:

• Digital Art
• Music and video
• Domain name-based NFT
• 3D models
• Virtual real estate

One of the main advantages of Mintable is the absence of fees for issuing NFTs on the platform. The marketplace stands out for its ease of use, support for all file formats, and minimal technical knowledge requirements.

The Mintable feature benefits artists by providing them with a regular income through royalties from future NFT sales.

Who it is suitable for:

• Beginner NFT creators
• Artists without technical skills
• Users who value the simplicity of processes

7. SuperRare

SuperRare is an exclusive online NFT marketplace based on Ethereum, launched in 2018. The platform is aimed at emerging digital artists and art collectors.

Since its inception, SuperRare has earned a reputation as an elite marketplace featuring only the most outstanding artists. The platform emphasizes exclusivity through a carefully curated collection of limited edition digital artworks.

The strict curatorial process ensures consistently high standards of quality, positioning SuperRare as the premium choice for discerning artists and collectors.

Key Features:

• Strict selection of artists
• Focus on quality and exclusivity
• Limited edition artworks

8. CryptoPunks

CryptoPunks is a foundational platform in the world of NFT, launched in 2017. The marketplace is specifically designed for trading original digital assets of CryptoPunks.

The collection is a fixed set of 10,000 pixel NFTs. Originally, the project was created by Larva Labs, but is currently managed by Yuga Labs — the creators of the Bored Ape NFT collection.

Who is it suitable for:

• Collectors of historically significant NFTs
• High net worth investors
• Connoisseurs of classic NFT collections

9. LooksRare

LooksRare is a decentralized NFT marketplace on the Ethereum blockchain, launched in 2022. The platform positions itself as the first community-focused marketplace, concentrating on rewarding traders, collectors, and creators.

LooksRare incentivizes user activity by rewarding those who buy and sell NFTs on the platform with the native coin LOOKS.

Key Advantages:

• Reward system for active users
• Community Orientation
• Transparent income distribution model

10. NFT marketplace from the leading trading platform

Another noteworthy marketplace is the NFT platform from one of the largest global cryptocurrency exchanges by volume. The platform allows users to create and trade non-fungible tokens with low fees and high liquidity.

The marketplace supports NFT trading on the Ethereum and BSC blockchains, making it a convenient solution for users who prefer to operate within the ecosystem of this exchange.

Who it is suitable for:

• Active users of the corresponding cryptocurrency exchange
• Traders who value integration with exchange instruments
• Newcomers who prefer a unified ecosystem for all operations