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Service fee discount with privilege collections

When you sell on Bit5, if you own at least one NFT from the privilidge collections, you get a discount on the service fee and only 1% service fee is charged.

Currently in Bit5, MoonPet and Pancake Squad collections are privilidge collections. This means that if you have at least one of these collections, you will get a discount on the service fee during the sale.

FAQ

Q: If at the time of listing any NFT, I don't own any NFTs from privileged collections and later I own an NFT from privileged collections, will I get a discount on the service fee for owning a privilidge NFT at the time of sale?

A: Yes. If you have at least one privilidge NFT at the time of the sale, you will receive a discount on the service fee.

Q: If I own a privilidge NFT at the time I list an NFT for sale, but then I lose ownership of all privilidge NFTs before the sale of the NFT takes place, and then the sale of the NFT takes place, do I get a discount on the service fee?

A: To take advantage of the service fee discount, you must keep the "PrivilegeTokenID" value (Privilege NFT) at the time of signing the sale.

Q: Do I get a discount on the service fee with a privilidge NFT that I staked?

A: No. If you have staked all the privilidge NFTs you hold and you do not have at least one privilidge NFT that you have not staked at the time of sale, you will not get a discount on the service fee.

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Last updated 1 year ago

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