Does Exchange have any fees?

Are there any sales fees?

We charge a fee of 5% on primary sales (i.e. initial sale of an artwork). This fee is applied to the total value of the transaction and is paid by the seller. 

We charge a 2.5% fee for secondary sales (I.e. resale of an artwork). This fee is also applied to the total value of the transaction and is paid by the reseller.

Are there any minting fees?

We also charge a minting fee of 0.01 SOL, which is paid by any party that mints. This fee applies to the minting of new artworks, such as 1/1 pieces, editions, and ArtDrops. 

For 1/1 pieces and ArtDrops, the seller is responsible for paying the fee. For minting editions on demand, the buyer is responsible for paying the fee. 

The minting fees are designed to support the continued operation and maintenance of our platform, as well as to provide additional services and support to our users