When you buy or sell NFTs using cryptocurrency, credit card, PayPal or otherwise, we call that a “commercial transaction”. These rates will apply:
| Type | Rate |
|---|---|
| Using virtual currency via MetaMask Wallet | 2% |
| Using Credit Card via payment provider, Paypal | 2% |
When you send or receive Donations, such as through Paypal Generosity Network fundraisers or otherwise, we call this type of commercial transaction a “Donation”. These rates will apply:
| Type | Rate |
|---|---|
| For new NGOs (through operational audit only | 5% |
| For NGOs that have already been on-boarded NFTs | 4% |
| For NFTs sales over USD1,000 | 3% |
| For NFTs sales over USD10,000 | 2% |