How OpenSea & NFT Marketplaces Process Sales in 2024

Click “Buy” on an NFT and something complicated happens. Your money doesn’t just move from your bank to a seller’s wallet—instead, there’s a chain of blockchain confir...

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How OpenSea & NFT Marketplaces Process Sales in 2024

Source: be1crypto.com

Click “Buy” on an NFT and something complicated happens. Your money doesn’t just move from your bank to a seller’s wallet—instead, there’s a chain of blockchain confirmations, smart contract executions, and verification steps working behind the scenes. Knowing how this works helps you avoid surprise fees, understand why transfers sometimes take minutes and sometimes take…