🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
The main process of implementing decentralized NFT trading
With the spread of ERC-20 token trading on decentralized exchanges, the question of how to implement decentralized trading for non-fungible tokens adhering to the ERC-721 protocol, such as (NFT), has become significant. In this article, we will explore how to implement decentralized NFT trading using smart contracts and a simple frontend interface.
Features of NFT trading
Since each NFT is unique, it cannot be valued using a price curve, as is done with homogeneous tokens. Currently, the most common ways to trade NFTs are in the form of an order book, the main ones being two models:
1. Price of the goods: the seller sets the selling price, the buyer can purchase if they find it acceptable.
2. Purchase order: the buyer sends a purchase order, the seller can sell if they consider the price acceptable.
This article mainly describes the first pricing method.
NFT DEX