Using the Marketplace
The place to create, buy, and sell NFTs.
All that is required to create an account is a supported Ethereum smart wallet.
All transactions on the Ethereum network require a small amount of Ethereum in order to be processed by miners and added to the blockchain.
On Ethereum, the term “gas” stands for a unit of measurement for the amount of computational power needed for executing specific operations on the network. As every Ethereum transaction consumes computational resources, each transaction requires a small payment for the work done. The gas is the fee needed to process Ethereum transactions, i.e. transaction cost. To sum up, on our platform, you are offered a free NFT for authenticating, but you need to pay the gas fee for the minting purposes in order to claim your NFT.
All Ethereum fees can only be paid in Ether (ETH), the native currency of Ethereum. ETH Gas prices are denoted in a unit called gwei, which is the denomination of ETH, or in other words, a gwei equals to 0.000000001 ETH. For instance, if your gas fee costs 0.000000001 ether, you can say that it costs 1 gwei.
The gas fees vary depending on your wallet provider regularities, often if you want your transaction to be carried out faster, your fee would be more costly, as faster operations require more gas to power their computation, and vice versa, slower transactions would cost less.
The alpha version of Hinata.io requires users to list NFTs for wrapped ether, or WETH. To wrap and unwrap ETH use this app. Currently, we do not support native ETH listings. Future versions of the marketplace will support native ETH along other ERC-20s.