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What are Primary and Secondary Markets?
What are Primary and Secondary Markets?
The Primary Market and Secondary Market explained.
Jeffy avatar
Written by Jeffy
Updated over a week ago

What is the Primary Market?

Primary Market or Primary Sales are the first time an NFT is sold. This can either be a purchase from the NFT creator or an NFT that is minted on purchase.

What is the Secondary Market?

The Secondary Market refers to all NFT sales that occur after the initial NFT purchase. The most popular secondary marketplace to buy NFTs include OpenSea.io.

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