Looking to sell your crypto domain? You are in the right place. In this guide, we will cover how you can sell your crypto domain and many of the frequently asked questions that come up with selling.
If you’re new to the idea of blockchain dominance, here’s a quick refresher: as long as your crypto domain is a standard ERC-721 token, it can be traded and sold like any token.
For this particular guide, we will be using the popular NFT marketplace Open sea to sell the domain. However, crypto domains can also be sold on angoname Y rare.
Most crypto domains are currently purchased at unstoppable domains either Ethereum Name Service (ENS). However, this process should be the same for any domain purchased from an alternative crypto domain purchase site once connected to Opensea.
It’s time to sell your theoretical crypto domain, or at least learn how to do it. We will cover all the steps required to sell and by the end of this guide, you will have sold your crypto domain and your payment will be on its way.
How to sell your crypto domain on OpenSea
Let us begin.
Get started by claiming your domain with MetaMask and connecting it to OpenSea. Go to OpenSea and click on the wallet symbol in the top right corner.
2. Connect your wallet and log in to your account. If you haven’t done so already, you can do so by entering your email and a password.
3. Make sure your wallet is connected to your account. Click “Profile” to view your collected NFTs. Your crypto domain will appear here.
4. Click on the domain you want to sell and click the “Sell” icon.
5. Choose the fixed price you want to sell your domain for, or sell it to the highest bidder with a timed auction. For timed auctions, you must choose how long the auction will last.
6. Click “Full List” and your domain will now be available on OpenSea.
7. Now you need to wait for the auction to end or for someone to pay the price you are selling your domain for.
If you are selling for the first time on OpenSea, you will need to pay two transaction gas fees to set up your account. For each sale, you will also need to pay a gas fee to accept offers. This fee will be different for each transaction.
Alternatively, if you want to sell directly, you can “reserve” the domain for a specific buyer to buy directly, and OpenSea acts as a kind of private marketplace and escrow account.
If you have more questions about selling your domain, we cover the topic in more detail below.
You can sell your crypto domain for Ethereal (ET). As of June 2022, OpenSea currently sells SOL NFTs; however, they do not sell SOL domains on the site.
Can I sell a crypto domain from my hardware wallet?
Yes. Hardware wallets like Ledger and Trezor can be used to manage crypto domains when connected with MetaMask.
To sell your domain, connect your Trezor wallet with MetaMask. Once connected, you can use MetaMask to manage your crypto domains, including selling them on OpenSea.
How can I avoid being scammed when selling my crypto domain?
To avoid getting scammed, always sell your domain through a trusted third party like OpenSea. Make sure you are visiting the correct site OpenSea.io, not OponSea, not OpenSee, not Openseea.com.
You increase the risk of being scammed by selling directly to other people without a third party.
Can I get a refund for my crypto domain?
This will depend on the registrar you used to purchase the domain. If you have purchased your domain from StoppableDomains and have not minted it, you can refund your domain within 14 days of purchase. This can be refunded as store credit or returned to the original payment method.
Is there a fee to sell my domain on OpenSea?
As a first time seller on OpenSea, you will need to pay two transaction gas fees to set up your account. The first is an account initialization fee account which will vary based on Ethereum network congestion.
The second fee is a one-time approval fee that authorizes transactions between a contract and your wallet.
You will also be required to pay the gas fee when accepting offers which will vary based on the gas rates at the time of the transaction.
How is a crypto domain different from a normal one?
The main difference between a crypto domain and a traditional domain is that the user owns their domain. Traditionally, people would rent domains from registrars that would have the power to delete and control your domain.
What is the difference between a crypto domain and an NFT domain?
Any! Even though crypto enthusiasts use jargon to describe them, the two terms are interchangeable.
Why should I sell my crypto domain?
There are many reasons why you might want to sell your crypto domain. These include wanting to make a profit or not actually using it. Ultimately, the decision is up to you.
What are the benefits of a crypto domain?
exist various benefits to a crypto domain. The most popular benefits are that you get full control and ownership of your domain and can limit censorship and seizures from third parties such as domain registrars.
I did not purchase my domain from Unstoppable Domains. Can I still sell on OpenSea?
As long as your domain is held in a MetaMask wallet, you can sell your crypto domain on OpenSea. OpenSea also accepts Coinbase Wallet, Ledger, InfinityWallet, and several other options.
Can I buy a crypto domain on OpenSea?
Yes. If your domain has already been registered, there is a possibility that it is for sale on OpenSea. Search for Unstoppable Domains and then search for the name in the second search bar. You can then make an offer or buy it instantly.
Final Thoughts: Congratulations, You Sold Your Crypto Domain
You did it, you who adopted the technology of the early wave, you!
Remember that your transaction will always be embedded in the blockchain, so you will always be able to prove that you once owned said crypto domain. We’re not sure how many cool points this is worth in real life, but we’d say maybe ten. Twenty? It really depends on inflation these days.
But what about all the other wonderful developments in the world of decentralized domain ownership?
