Why choose NFT Trader (Loopz)

Loopz will bring new functionalities into the platform and the ecosystem. We will update this guide once everything will be setup properly. This guide is related to the current platform functionalities.

Unparalleled Security and Trust

NFT Trader (Loopz) stands out in the NFT marketplace due to its emphasis on security and trust. As a trustless peer-to-peer protocol, NFT Trader ensures that all transactions are executed via smart contracts, eliminating the need for intermediaries and reducing the risk of fraud. Every trade is securely recorded on the blockchain, providing a transparent and immutable record of transactions. This level of security is crucial for users who prioritize the safety of their digital assets. Additionally, the platform's integration with well-known and trusted wallets like Metamask and Coinbase Wallet further enhances the security measures, giving users peace of mind that their assets are protected.

Community-Centric Approach

NFT Trader (Loopz)’s commitment to fostering a strong and supportive community sets it apart from other platforms. The platform offers extensive resources, including detailed guides and an active Discord server where users can connect, share experiences, and seek assistance. This community-centric approach ensures that both new and experienced traders feel welcomed and supported. By participating in the community, users can gain insights, discover trading opportunities, and collaborate with others who share a passion for NFTs. The platform's focus on community not only enhances the user experience but also contributes to the overall growth and vibrancy of the NFT ecosystem.

Competitive Fees and Creator Royalties

One of the significant advantages of using NFT Trader (Loopz) is its competitive fee structure. The platform charges a flat fee of 0.01 ETH (or 5 MATIC) for NFT-for-NFT trades and a 0.5% fee for trades involving native tokens, only applied to the counterparty. This transparent and reasonable fee system makes trading accessible and affordable for users. Additionally, NFT Trader supports creator royalties through the Manifold royalty registry standard. This feature allows creators to set and earn on-chain royalties every time their NFTs are resold across registered markets, providing them with a continuous revenue stream. By choosing NFT Trader, users not only benefit from lower transaction costs but also contribute to a fair and sustainable ecosystem that rewards creators for their contributions.