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Finalize a Trade

When you're on the receiving end of a trade (not a proposal, which is different and is covered in Propose a Trade), you should understand the steps and implications of finalizing the trade.

How do I finalize a trade?​

If someone has initiated a NFT swap with you and you want to finalize it, make sure you are signed in to your wallet and follow these steps:

  1. There are 2 ways to do this:
    • From Direct Messages in the Terminal, click on the message containing the trade details.
    • From the right menu bar, access My Swaps. There will be a list of your pending swaps, and you can click the DETAILS button of the swap you'd like to finalize.
  2. Once you've reviewed the swap contract and are ready to proceed, click on the DO SWAP button to finalize the trade.

Blockchain Implications of Finalizing a Trade​

Finalizing a trade on Nefster involves interacting with the blockchain. If this is your first time trading a particular collection on Nefster:

  • You'll be prompted by your wallet multiple times: first to approve the collection(s), and then to finalize the transaction.

  • If you've previously approved the collection, you'll only need to confirm the transaction in your wallet.

Remember, every action that involves writing to the blockchain, like completing a trade, incurs a gas fee. This fee compensates for the computational resources needed to process and validate the transaction on the Ethereum network. The details of the completed trade are permanently recorded on the blockchain, guaranteeing transparency. You can verify the specifics of any trade not only on Nefster but also through a blockchain explorer.