NFT: Where to buy

Where to buy NFTs?

 

For artists, NFTs offer a new market where they can sell their work. For investors NFT trading is an amazing way to make profit. But sometimes it can be a little tricky to buy NFT. 

Even though NFT markets aren’t exactly Amazon when it comes to ease of use, buying your first digital collectible isn’t hard — it just requires a little guidance.

 

For starters, you’ll need an Ethereum-compatible crypto wallet and some ETH. Buy some ETH and send it to Coinbase Wallet (it can be downloaded via Apple’s App Store or Google Play).

 

After doing so you’ll realise that there are lots of NFT markets, from Rarible to Mintable. We advise you to use OpenSea — which is the biggest of them all, and works a lot like a decentralized eBay. 

 

Prices range from essentially free to hundreds of thousands of dollars or more for a rare item. Some items are sold via auction, while others can be bought immediately.

No matter the price of the NFT you want to buy, you’ll have to pay fees to make the transaction happen. Most of the digital collectibles on OpenSea use the Ethereum blockchain, and the network charges a “gas” fee for transactions like NFT sales. Gas prices rise and fall depending on how busy the network is. 

So when you want to buy an NFT make sure you need to have extra ETH to cover fees.