Many people may think encryption is a fad, but data shows it is far from a fad. There are multiple use cases for cryptocurrencies and the technology that powers them, blockchain.
No wonder we're seeing more innovation from this particular area.
One of these innovations is NFTs.
In fact, non-fungible tokens (NFTs) are on the rise, and almost everyone knows that this particular phenomenon has become routine. Since basically any digital asset can be turned into an NFT and sold for value, the process has caught the attention of digital creators and collectors for all the right reasons.
Until recently, NFTs could be purchased in dedicated but unknown NFT marketplace spaces, which were mostly sold through cryptocurrencies. You have to have more interest in digital collectibles and know more about NFTs and encryption to get into the NFT world.
But in March 2021, popular e-commerce platform Shopify allowed its users to sell NFTs through their own simple storefront. The platform provider has become a major player in the e-commerce space with its simple, seamless payment solution options and ease of transactions.
So this move by Shopfiy is significant. This move not only opens the door to various sites selling NFTs, but also enables credit and debit card transactions for these tokens through mainstream providers.
Shopify is able to increase its customer base and strengthen its customer relationship products. The move looks set to help strengthen its ecosystem, helping it connect indirectly with people who frequent Binance or who might buy products from Dapper Labs.
If you're a digital creator and want to sell your virtual assets as NFTs, you might be interested in learning how Shopify allows you to sell these tokens. By browsing email list the information below, you can learn how to sell NFTs on Shopify all on your own.
How does Shopify support NFTs?
Every Shopify website comes with built-in payment processing, and the platform allows its users to sell their products and services without an additional merchant service provider. Rather than looking for third-party merchant service integrations, every Shopify user can accept credit, debit, and other digital payments right from the start. The platform also accepts mobile payment methods for added convenience. You can also add alternative payment methods, such as cryptocurrency Shopify storage.
Shopify supports selling NFTs through the same mechanism. If you are a Shopify user, you can simply convert your digital assets to NFTs and list them for sale on your website. Potential buyers can acquire NFTs through Shopify, but through blockchain technology.
This simplifies the entire process of buying and selling NFTs via fiat and cryptocurrencies. Since customers don’t have to pay strictly in cryptocurrency only, they can treat their NFT purchases in a similar way to buying groceries or clothing online.
This means Shopify will support legacy collections related to NBA teams, popular or iconic memes, and even world championship rings.
go to top
Which blockchains can Shopify support?
Shopify currently supports two blockchain networks to create and transmit NFTs. These include Ethereum and Flow. This means that users can create their NFTs on any of these platforms and list them on their platform. There is nothing wrong with the Shopify website.
Shopify plans to add more blockchain networks to its list of supported platforms in the future. But as of this writing, your ability to sell NFTs via Shopify is limited to these two platforms.
Having said that, it's important to clarify that Shopify does not host NFTs. Similar to consumer products and digital services, the storage and fulfillment of purchasing solutions falls on the shoulders of the seller. This is an important point to consider when learning how to sell NFTs on Shopify .
If you're a Shopify merchant like anyone else, you need to make sure that you want to take every aspect of the process into account, whether you're selling on your online store or NFT platforms in general.
go to top
Which payment methods does Shopify accept NFTs?
Shopify accepts several payment methods for NFTs. With different options, it can accept payments in up to 133 fiat currencies and over 300 cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
Shopify's fiat currency options include, but are not limited to, the following payment methods.
Shopify's cryptocurrency payment methods include the following alternative payment options.
This gives you access to all cryptocurrencies supported by these payment providers. Therefore, you can sell your NFTs in cryptocurrencies as easily as fiat currencies.
go to top
How do you sell NFT Shopify?
Now that you know the basics about how Shopify handles its NFT sales, you can learn more about how to sell your own digital assets through the platform.
The following information will guide you through the necessary steps to achieve your goal of selling your own NFTs.
go to top
Create a Shopify Account Management
How to Sell NFTs on Shopify - Free Trial
Before you can start selling NFTs, you need to create a Shopify account . The process is simple and straightforward.
Click Software Update Shopify in MyCAD. com.
Visit Pricing Plans .
Fill in the necessary details.
Create your account.