Here's an illustration of how trading is simple and intuitive: Alice and Bob are interested in exchanging NFTs. Alice chooses the NFTs she wants to trade from her wallet. She then inputs Bob's wallet address, selects the NFTs she requires from his wallet, and offers the trade. She will be given a trade Code, which she will communicate to Bob. He will examine the contents of the trade and decide whether to accept or reject it.  Following acceptance, the escrow contract with trade both parties' NFTs after 2~3 hours.

CoralSwap is primarily a decentralized application, hence smart contracts on the Ethereum Blockchain are used. You transfer your NFTs to CoralSwap's escrow smart contract after creating a trade request. When the other side accepts the exchange, the smart contract will trade both NFTs after a certain amount of time. Naturally, you can cancel the process, and the CoralSwap escrow smart contract will instantly return back the NFTs.

Smart contracts have completely decentralized and automated everything. You can take comfort in knowing that your NFTs are completely safe.

Yes, you select the NFTs you desire from your counterparty's address before proposing a trade.

CoralSwap does not take or charge any fees whatsoever, our service is free.