Fees are additional amounts that a user pays on top of the base price of an NFT during a trade. On Immutable, there are the following fees.
Royalties
Some NFTs have a royalty fee set by the creator. This fee is added to the sale price and paid by the buyer.
Example: If an NFT has a 5% royalty fee and is listed for 1 ETH, it will be sold for 1.05 ETH.
Protocol fees
On Immutable, a fixed fee of 2% is applied to every trade. This fee is added to the sale price and paid by the buyer.
Example: If you buy an NFT for 1 ETH, you'll pay 1.02 ETH. The extra 0.02 ETH is the protocol fee.
Marketplace fees
Marketplace fees vary and are charged by the marketplace facilitating the order.
The maker fee is set by the marketplace where the NFT was listed for sale and paid for by the seller.
The taker fee is set by the marketplace where the NFT was purchased and paid for by the buyer.
The exact fee structure may vary between different NFTs and marketplaces. The fees described here are for illustrative purposes. Always check the specific fee details for your transactions.