ByEasily Dispute Unfair Nifty Gateway Fees In 3 Steps
Nifty Gateway is an online art auctioning platform for NFT (non-fungible tokens). It is the safest platform to buy and sell NFTs. However, since it is a custodial NFT marketplace, expect to pay . Custodial NFT marketplace ideally means your NFTs are stored on the platform and not in your wallet.
Nifty Gateway makes its money from retaining royalties from a percentage of every primary and secondary sale you make on the platform. Whenever you make a sale on Nifty Gateway, you will receive a percentage of the sale.
You get to decide what percentage this is as an artist. It could be as low as 5% or as high as 50% of every secondary sale. On the other hand, Nifty Gateway retains 5% plus 30 cents of every secondary sale. This helps cover credit card processing fees and keep the platform up and running.
However, for some reason, you may decide on fighting and waiving these fees. Check out this guide on fighting Nifty Gateway fees with the help of DoNotPay.
How Nifty Gateway Fees Work
When buying an NFT anywhere, it is normal for the relevant NFT marketplace to charge you a fee for allowing the sale. is usually a percentage of the NFT's sale price and is typically paid by the buyer. At Nifty Gateway, you are highly likely to pay 15% in fees, which consist of:
| Service Fee | 5% |
| Artist Fee | 10% |
For most NFT buyers, there is almost no platform charging such high fees. While 15% is on the highest end among most platforms providing NFTs, it can be considered a very competitive fee, unlike ordinary art galleries, where gallery fees may range from 30-50%.
Does Nifty Gateway Have Hidden Fees?
Nifty Gateway's custodial nature permits movement without needing to process transactions on the blockchain. The result is no gas fees, thus saving collectors the extra effort and money. Fortunately, Nifty Gateway has no hidden fees. Regardless, the fees it charges may be high for different buyers and may sometimes discourage sales. The only logical action would be to fight the fees or avoid them altogether.
How to Fight and Waive Nifty Gateway Fees on Your Own
On the one hand, you can always raise a concern or complaint with a company or service provider, especially if you get charged for something unexpected. It is not uncommon to hear about unexplainable fees when dealing with service providers.
If you get charged unexpectedly or don't appreciate the high Nifty Gateway fees, you can attempt to fight them off. You can do so by reaching out to the customer service rep and making your case with proof and a convincing case. Unfortunately, the chances of getting a waiver on the fee are almost zero.
Alternatively, you may choose to abandon the service provider altogether and settle on a better option with almost zero or fewer fees.
All of that to say, your options are:
- Reach out to customer service
- Pay the fees
- Abandon the service altogether
On the other hand, you can rely on DoNotPay to help you fight such fees. DoNotPay makes a convincing case on your behalf, increasing your chances of getting a Nifty Gateway fee waiver.
How to Fight and Waive Nifty Gateway Fees With the Help of DoNotPay
Are you tired of the unexplainable Nifty Gateway fees? Even worse is the DIY attempts you may embark on to fight these fees by yourself. Fortunately, DoNotPay can help you fight and waive excess unwanted fees in a few simple steps:
- Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal.
- Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one.
- Submit your case! DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing.
Sign up with DoNotPay to help you fight and waive your Nifty Gateway Fees.
Benefits of Using DoNotPay to Fight and Waive Nifty Gateway Fees
- Faster: DoNotPay works in a relatively short time to help you lodge your complaint and get the required assistance.
- Easier: With DoNotPay, you don't have to fill in unnecessary unending forms and documents to get help.
- Increased chances of success: DoNotPay makes a strong case on your behalf, increasing your chances of avoiding the Nifty Gateway fees without hassle.
DoNotPay Works With All Companies
DoNotPay has experience in dealing with multiple companies and their service provision. Apart from making a strong case on your behalf to waive excess Nifty Gateway fees, DoNotPay can also assist you with:
| eBay fees | Robinhood fees | Spirit Airlines baggage fees | Etsy Fees | American Airlines baggage fees |
| Coinbase fees | Paypal Seller Fees | HOA fees | Chase checking account fees | Shopify fees |
What Else Can DoNotPay Do for You?
DoNotPay provides unique services, especially for individuals who have complaints against certain companies and service providers. As the world's first AI Consumer Champion, DoNotPay provides additional universal services such as:
- Appeal a banned account
- File a complaint against companies
- Get airline flight compensation
- Standardize documents
- Create passport photos
- Notarize documents
- Contact embassies and consulates
- Reduce property taxes
- Discover and apply for scholarships.
Are you tired of the unexpected Nifty Gateway fees? Fight and waive these fees by signing up with DoNotPay here.