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[ENG] User Guide
  • What is NFTDeal?
  • NFTDeal User Guide
  • Getting started
    • Wallet Connection
    • How to set up your profile
  • Creating NFTs
  • Minting NFTs
  • Selling NFT
  • Buying NFTs
    • How to search for NFTs?
    • How to buy your first NFT?
  • Renting NFTs
    • NFT rental methods
    • Renting NFTs
  • Lending NFTs
  • Make offer
  • NFT Transaction History
  • Collection
    • What Are Collections?
    • How To Create A Collection ?
  • Drop
    • Deploy collection's smart contract
    • Prepare your drop schedule
    • Build your drop page
    • Publish your drop
    • Set up pre-reveal image
    • Set up metadata
    • Metadata standard
  • Gas Fee and Other Fees
    • What Are Gas Fees?
    • Who pays the gas fees when someone buys my NFT?
  • Terms & Policies
    • Terms of Service
    • Privacy Policy
  • FAQs
    • What is an NFT?
    • Which Cryptocurrencies to use on NFTDeal?
    • What do I need to start using NFTDeal?
    • How to set up a cryptocurrency wallet?
    • How to sign out?
    • What can NFT file format be?
    • How to Attract Buyers to Your NFTs
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  1. Renting NFTs

NFT rental methods

The two methods for renting NFTs on NFTDeal are "Collateralized Renting" and "Collateral-Free Renting."

Here's how they differ:

  • Collateral-Free Renting: With this method, the renter does not incur any costs or collateral obligations. However, it is not possible to sell the rented NFT. It provides a more accessible option for individuals who want to experience owning an NFT without making a financial commitment.

  • Collateralized Renting: In this method, the renter is required to provide a certain collateral fee, but they have the ability to sell the rented NFT. It allows individuals to enjoy the benefits of owning an NFT while still having the option to monetize it through selling.

These two methods offer flexibility and cater to different preferences and circumstances of individuals interested in renting NFTs on NFTDeal.

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Last updated 1 year ago