How to Buy a NFT?

There has been an influx of new collectors gobbling up quality NFT’s. There are several websites where you can buy an NFT.  OpenSea, Mintable, Rarible are the three main platforms to buy NFTs. You can bid on items as you would on eBay or other internet auctions sites/apps.

Some platforms allow you to purchase items for a set fee. Since most NFTs are Ethereum-based tokens, many marketplaces for these collectibles accept Eth tokens as payment.

How do I buy Ethereum?

  • Download the Coinbase app. https://www.coinbase.com/buy-ethereum
  • Create an account- Verify your identity
  • Go to the Buy/Sell page-Set the currency to Ethereum
  • Enter the amount in ETH or your local currency that you wish to buy
  • Select your desired payment method-Confirm the order is correct and click Buy Ethereum
  • You have now funded your Crypto wallet & are ready to buy your NFT

How do I Sell my NFT?

Ready to sell your NFT on OpenSea?

 

1. Create an OpenSea account
2. Connect your Metamask wallet to OpenSeas
3. Click on your NFT on OpenSea
4. Click on Sell in the upper righthand corner.
5. Decide your sales type (fixed or auction) and price
6. Click on Complete Listing. Then click Sign.
7. Your NFT is now listed for sale.

 

Here is a link to a tutorial for selling your NFT… 

https://support.opensea.io/hc/en-us/articles/360063498333-How-do-I-list-an-NFT-to-sell-

 

Other platforms to sell your NFTs

 

    1. Rarible
    2. SuperRare
    3. Foundation
    4. AtomicMarket

The Blockchain Displays Permanent Traceable Authenticity

Billionaire Mark Cuban who is an enthusiast puts it this way “NFT’s is about scarcity. The buyer knows how many will be made and has blockchain proof of ownership,” “Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system.” A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger. Because information is added rather than altered, it forms an irreversible history of data, meaning ownership is something that can’t be changed in the database, only tracked. All NFTs have a code and a unique ID preventing duplication.

Read more here:  https://www.euromoney.com/learning/blockchain-explained/what-is-blockchain

 



No Investment Advice

The information provided on this website does not constitute unique investment advice, financial advice, trading advice, future value, or any other sort of advice and you should not treat any of the website’s content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. We will strive to ensure the accuracy of the information listed on this website although it will not hold any responsibility for any missing or wrong information.

The information is as-is. You understand that you are using any and all information available here at your own risk. Full disclosure. All though some images on this site can be used by others the NFT-Gallery Art will not produce more than the quantity listed within each edition. NFT-Gallery Art  has entered into an agreement with the artist to create digital imagery for compensation.  

Enjoy Your First NFT For FREE

Constructing Crypto

 

PLEASE ENTER YOUR EMAIL ADDRESS

You have Successfully Subscribed!