NFT trading remains a multi-billion-dollar industry in 2024, despite being far from its 2021 peak. The landscape of NFT marketplaces has evolved significantly, with new platforms emerging, crypto exchanges expanding into NFTs, and established players adapting to market demands. Whether you're interested in PFPs, digital art, game assets, or other NFT categories, these top 5 marketplaces continue to compete fiercely for user attention.
5 Element
Launched: July 1, 2021
Blockchains: Ethereum, Polygon, Avalanche, and more
30d Volume: $33.3M USD
Element is a rising star among NFT marketplaces, known for its multichain support and accessibility. Founded by Feng Wang and Hongliang Zhang, it supports numerous blockchains, including Ethereum, BNB Smart Chain, Polygon, Avalanche, and others.
Key Features:
- Multi-market listings (OpenSea, LooksRare, X2Y2, etc.)
- Supports wallets like MetaMask, OKX Wallet, and Binance Wallet
- Real-time analytics on floor prices, trading volume, and trends
With a low-fee structure and broad blockchain compatibility, Element is poised for further growth in 2024.
👉 Explore Element's multichain NFT trading
4 OKX NFT
Launched: April 24, 2023
Blockchains: Bitcoin, Ethereum, Solana, and more
30d Volume: $19.0M USD
OKX NFT, an extension of the OKX cryptocurrency exchange, leverages its existing user base to offer a seamless NFT trading experience. Initially focused on Bitcoin inscriptions, it now supports Ethereum, Solana, and other major chains.
Highlights:
- Exclusive partnerships (McLaren, Manchester City F.C.)
- Supports MetaMask, Phantom, and OKX Wallet
- Advanced search tools and real-time analytics
OKX NFT's high-profile collaborations and expanding features make it a strong contender in 2024.
3 Magic Eden
Launched: September 17, 2021
Blockchains: Solana, Ethereum, Bitcoin, Polygon, Base
30d Volume: $74.3M USD
Magic Eden dominates Solana-based NFT trading while expanding to Ethereum, Bitcoin, and other chains. Developed by Australian blockchain enthusiasts, it became the go-to marketplace for Solana NFTs like DeGods and y00ts.
Why It Stands Out:
- Supports 400+ wallets (MetaMask, Coinbase, Trust)
- Defends creator royalties—a community favorite
- Despite past issues (fake listings bug), it remains a top choice
Magic Eden’s commitment to innovation keeps it a leader in 2024.
👉 Discover Solana NFTs on Magic Eden
2 OpenSea
Launched: December 20, 2017
Blockchains: Ethereum, Polygon, Base, and more
30d Volume: $104.6M USD
OpenSea, the original NFT marketplace, gained fame during the 2021 boom with collections like Bored Ape Yacht Club and Doodles. It now supports multiple blockchains and offers a polished user experience.
Pros & Challenges:
✔ User-friendly interface
✔ Wide wallet support (MetaMask, Coinbase Wallet)
✘ Controversies over creator royalties and fee structures
Though facing competition, OpenSea remains a cornerstone of the NFT world.
1 Blur
Launched: February 14, 2023
Blockchains: Ethereum, Blast
30d Volume: $96.0M USD
Blur has disrupted the NFT market, quickly becoming the most popular marketplace for professional traders. Developed by Pacman and Galaga, it focuses on speed and efficiency.
Key Attributes:
- Zero-fee structure
- $BLUR token rewards for trading
- Supports MetaMask, WalletConnect, Coinbase Wallet
Despite controversies (e.g., "trade-to-earn" critiques), Blur leads the market as of 2024.
FAQs
Q1: Which NFT marketplace has the lowest fees?
A1: Blur offers zero fees, while Element and Magic Eden have competitive low-fee structures.
Q2: Can I trade Bitcoin NFTs on these platforms?
A2: Yes! OKX NFT and Magic Eden support Bitcoin inscriptions.
Q3: What’s the best marketplace for Solana NFTs?
A3: Magic Eden is the top choice for Solana-based NFT trading.
Q4: Does OpenSea still dominate the NFT market?
A4: While still influential, OpenSea faces strong competition from Blur and others.
Q5: Are creator royalties enforced on these platforms?
A5: Magic Eden defends royalties, while others have faced criticism for reducing support.