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      • 📚Urban Dictionary
      • 🎓What is a Fixed Price?
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      • âš¡Guide: Listing for a Fixed Price
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      • âš¡Guide: Buy for a Fixed Price
      • âš¡Guide: Bid in an Auction
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  • Fixed price
  • Cancelation
  • Fees
  1. For Beginners
  2. Soya 101

What is a Fixed Price?

PreviousUrban DictionaryNextWhat is an Auction?

Last updated 2 years ago

Fixed price

Fixed Price sale is a standard sale that allows you to buy or sell NFT items instantly at a set price:

  • Buyers: purchase items immediately - no bidding or waiting. It's the fastest, most convenient way to shop.

  • Sellers: sell items at the price they want without waiting for their listing to end. Example: Set the price for your item at $50 and sell it for $50. The payment deducting market fees and royalties is the total revenue you get.

Cancelation

Fixed Price Listing can be canceled anytime as long as it hasn't been purchased.

Fees

Soya charges a market fee of 5% to sales with a Fixed Price. Depending on the royalty settings, the NFT project's team may deduct an additional royalty charge from the payment.

To learn how to list your NFTs for a Fixed Price, click to proceed to our in-depth guide:

To learn how to purchase NFTs for a Fixed Price, click to proceed to our in-depth guide:

🎓
here
⚡Guide: Listing for a Fixed Price
here
⚡Guide: Buy for a Fixed Price