How can I sell an NFT on the HENI Marketplace?

The HENI Marketplace is on the Palm blockchain. You can not transfer your DAI directly from Palm to a cryptocurrency exchange (like Coinbase/Binance/Kraken) without using the bridge. 

Prices on the HENI Marketplace are in DAI. DAI is a cryptocurrency pegged to the US Dollar, meaning that 1 DAI is approximately 1 USD, and is the most common token used to pay for NFTs and services on Palm. 

If your NFT has been sold on the HENI Marketplace, the funds (minus commission) will be transferred directly to your connected MetaMask wallet. The NFT will be transferred directly to the buyer’s MetaMask wallet. If you do not see the DAI in your wallet, follow this link to see if your wallet is configured correctly. 

--- 

List For Sale 

The first option is to directly list an NFT for sale. From the Sell section you are able to list an NFT that you own. Select the artwork you wish to sell, and set the price in DAI that you want to list your artwork at. Your item will be listed for a maximum of 90 days, or until you remove it from sale. You are able to cancel your listing at any time. If your NFT has been sold on the HENI Marketplace, the funds (minus commission) will be transferred directly to your connected MetaMask wallet. The NFT will be transferred directly to the buyer’s MetaMask wallet. 

Accept Offer

The second option is to sell an NFT by accepting an offer. When you list an NFT for sale, you also give people the option to submit offers on your artwork. Offers have an expiration of 1, 3, or 7 days. When you accept an offer, the blockchain will confirm that the purchasing wallet has sufficient funds. If the purchase was successful, the funds (minus commission) will be transferred directly to your connected MetaMask wallet. The NFT will be transferred directly to the buyer’s MetaMask wallet. 

Please note that although your NFTs are stored in your MetaMask wallet, MetaMask does not directly display your NFTs in the wallet itself. The HENI Gallery and Marketplace can detect and display the NFTs stored in your MetaMask wallet once it is connected. 

------------------------------------------------------------------------------------------------------------------ 

**IMPORTANT** 

You cannot transfer your DAI directly from Palm to a cryptocurrency exchange (like Coinbase/Binance/Kraken) without using the DAI bridge. You need to use the DAI bridge on Palm to move your DAI to the Ethereum blockchain. If you send the funds to the exchange without using the bridge you will lose your funds. Find the bridge here

------------------------------------------------------------------------------------------------------------------

TRANSFERRING TO YOUR BANK ACCOUNT 

 Follow the steps below closely, or you risk losing your funds. 

Step 1. Go to the bridge 

The first step in transferring funds to your bank account, is to go to the bridge that will bridge your funds from the Palm blockchain, to the Ethereum blockchain (also known as Mainnet). 

The bridge can be found here

Step 2. Configure the bridge 

You will need to connect your MetaMask wallet to the page in order to use the bridge. Click on 'connect MetaMask' to connect your wallet. 

Ensure that the 'Origin Network' is set to Palm, and the 'Destination Network' is set to mainnet (also known as Ethereum). Then select the currency and the amount you wish to send. 

How can I withdraw money to my bank account_1

Step 3. Use the bridge 

You can now use the bridge to transfer funds. You have two options where to transfer your funds: 

3.1 Transfer funds to a cryptocurrency exchange 

You can now use the bridge to transfer your funds directly to an account on a cryptocurrency exchange (like Coinbase/Binance/Kraken). It is important to note that exchanges have specific receiving addresses for each cryptocurrency, so you must make sure to select the correct currency you wish to receive on the exchange, and the exchange will give the correct address to bridge to.  

At the time of writing, the cost for bridging funds is 151 DAI.  The bridge typically takes around 1 hour. However, if the gas prices on Ethereum are much higher than normal, the transaction can take 24 hours or more. 

If you are not yet registered with a cryptocurrency exchange, you may want to create an account in order to exchange your cryptocurrency and transfer your funds to a bank account. We recommend one of the following: 

3.2 Transfer funds to a wallet address on Ethereum 

You can also use the bridge to transfer your funds to a wallet address on the Ethereum blockchain.  

To do this, you need to follow steps 1 and 2 here in order to configure the bridge.  

You can then use the bridge to transfer your funds to an address on the Ethereum blockchain.  Enter the destination address on the Ethereum blockchain and proceed. Your wallet address on Ethereum can be the same address as your wallet address on Palm. 

At the time of writing, the cost for bridging funds is 151 DAI.  The bridge typically takes around 1 hour. However, if the gas prices on Ethereum are much higher than normal, the transaction can take 24 hours or more. 

  For more questions or help, please visit our Discord or submit a request on the top of this page.