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  • Introduction
  • General Info
    • Rental Use Cases
    • Compatible Blockchains
    • Whitelabel Interface
    • Custom Solutions
    • Protocol Composability
    • Protocol Fee
    • Frequently Asked (FAQ)
  • Rental Solutions
    • Collateral-Free
    • Collateralized
  • Developers
    • Integration Guide
    • SDK
      • @renft/sdk@^v6.0.0
        • Interacting with Smart Contracts
        • Collateral-Free Integration Guide
        • Castle Crush (Reward Share)
      • @renft/sdk@v5.0.4
        • Collateral-Free Integration Guide
        • Castle Crush (Reward Share)
    • reNFT Contracts' Addresses
    • Querying reNFT's on-chain data
      • Castle Crush (Reward Share)
  • Video Tutorials
    • Collateral-Free
      • How To Lend
      • How To Rent
    • Castle Crush (Reward Share)
      • How To Lend
      • How To Rent
    • Collateralized
      • How To Lend
      • How To Rent
      • Returning & Defaulting
    • Expired Rentals
  • About reNFT
    • Team
    • Contact
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  2. Collateral-Free

How To Rent

PreviousHow To LendNextCastle Crush (Reward Share)

Last updated 2 years ago

How to rent a collateral-free NFT

  1. Click on "COLLATERAL-FREE" in the market section.

  2. Click on the NFT you want to rent.

  3. Enter the max duration for which you want to rent the NFT. Note: Since this is a Collateral-Free rental, you don’t need to deposit any type of collateral.

  4. After specifying the rental duration, you click [RENT NOW] and will have to perform the following actions:

    1. Connect your wallet if you are not already connected.

    2. Transaction 1/2: [Approve Payment Token] (this has to be done only once per token (WETH, DAI, etc.) per Wallet)

    3. Transaction 2/2: [Confirm Rent] Note: You will need to have enough funds in your wallet to pay for the transaction fees and the transaction time will depend on network activity and gas settings. For more detailed information, check the status of your transaction in the respective blockchain explorer (/ )

  5. Success! You have just rented an NFT! You will find your rented NFT in .

  6. Pro-Tip: You only pay for the actual rent duration until you return the NFT and not the specified max rent duration.

etherscan
polygonscan
Portfolio/Renting