The Bybit NFT Marketplace does not require trading fees from NFT buyers, and charges a 1% trading fee to NFT sellers.

Here is a detailed list showing the fees that will be incurred:

* Please note that self minting of NFTs on the Bybit NFT Marketplace is not supported. Please email us at nft-service@bybit.com if you're interested in offering your NFTs on Bybit.
** The royalty fee is not fixed and varies according to the project. A percentage of the sale price is charged.

Formula

Fee Paid = NFT traded price × 1% trading fee + NFT traded price ×  royalty fee 

Example

Seller A has sold an NFT at a price of 100 BIT. Assuming the royalty fee is 1%. 

The fee that Seller A needs to pay is 2 BIT, according to the following calculation:

Fee Paid = 100 BIT × 1% + 100 BIT × 1% 

Therefore, Seller A receives 98 BIT from the sale of the NFT.