NFT Market X2y2 became fast popular during the 2021 boom in the NFT world. The platform served for three years, but officially officially NFT Market X2y2 Close will be releasedThe decreasing market demand and lack of network effects behind this decision have been described as the main reason. Now, the biggest question in front of users whose NFTs are still on X2y2 are, now how to remove your NFT? Let’s know its process.
Why is X2y2 being closed?
X2y2 started in 2022 as a dyscentrized NFT market and tried to compete with Opensea. However, as the NFT sector reduced traffic and new platforms such as Investmrent NFT prepared better network effects and user base, X2y2’s market share fell. The founder clarified that now it is a practical decision to close this platform.
Step-by-step method of NFT REMOVE
The front-end interface will not work after the shutdown of X2y2, but Users can still remove their NFT through smart contracts. For this, follow the steps given below:
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Connect wallet: Go to the X2y2 website and connect the wallet that has your NFT store. Use wallets such as metamask or walletconnect.
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Locate NFT: Go to your account section and find the NFT you want to withdraw.
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Choose a video or transfer option: Go to the details page of NFT and click on “Withdraw” or “Transfer” option.
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Check the fees and confirm: See the videoal fees (if any) and confirm the transfer.
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Sign transaction: Sign the transaction from the wallet so that the NFT is transferred to your wallet.
If the front-end is not available, you can directly interact with smart contracts via Etterscan or other block explorer.
Caution is important
Before with the NFT withdrawing, make sure that you are connected to the right wallet and the NFT does not have a third party store. Also, avoid scams or fake websites, which X2y2 Can be active in the name of
Conclusion
The shutdown of X2y2 is like the end of an era in the NFT industry, but keeping your digital property safe is still in your hands. By following the steps given above, you can safely transfer your NFT to the wallet. Remember, take this action before April 30, so that your valuable NFT is always under your control.