Frequently Asked Questions
Everything you need to know about collecting, bidding on auctions, deposits, and artist curation on NFT Market Listing. SIM ETH
How do I purchase and collect 1-of-1 NFTs?
Artworks listed with a Fixed Price can be acquired instantly. Simply navigate to the artwork detail page, ensure your account has sufficient ETH balance, and click "Buy Now". Ownership is immediately transferred to your custodial wallet, and cryptographic provenance is recorded in the transaction ledger.
How do Live Auctions and Outbidding work?
When an artwork is placed on auction, collectors can place competitive bids. When you place a bid, your ETH is safely held in escrow. If another collector outbids you, your funds are immediately and automatically refunded back to your available balance. When the timer expires, the highest bidder wins the NFT upon settlement.
How do Crypto Deposits work?
You can fund your account by visiting the "Deposit Funds" section in your collector dashboard. We provide official treasury addresses for Ethereum (ETH), Tether USD (USDT), and Bitcoin (BTC). Once you make a transfer and submit your transaction hash or receipt, our treasury desk confirms and credits your balance promptly.
How does Creator Verification and Artist Curation work?
To maintain strict prestige and authenticity, artists can apply for the Verified Creator badge from their dashboard. Our editorial curation board evaluates portfolio originality, social identity, and technical standards before approving creators. Verified creators receive priority discovery and public verification checkmarks.
What are the platform trading fees and creator royalties?
NFT Market Listing enforces a modest marketplace fee of 2.5% on completed sales to fund continuous security audits and infrastructure. Original creators can designate perpetual royalties (up to 15%) that automatically execute on every secondary market transaction.
Are ownership transfers recorded permanently?
Yes. Every mint, transfer of title, offer acceptance, and auction settlement writes to our double-entry ledger with an immutable audit trail, reference tracking number, and transparent provenance history displayed on each artwork's profile.
Still have questions?
Our concierge desk is ready to answer questions about auctions, treasury deposits, or curation.