15 september 2023
By: JASMINE ANAND
NFTs (Non-fungible tokens) have taken the world by storm as tech-savvy digital art lovers are shelling out millions of dollars to own a unique digital artwork that proves your authority over the artwork bought. Buying NFTs isn’t difficult at all. All one needs to do is follow these simple steps.
Before you can buy NFTs, you'll need a crypto wallet. One can choose a crypto wallet from a multitude of crypto wallets out there. Since majority of NFTs reside on the Ethereum blockchain, you can trade your USD or fiat currency for ETH & you'll be ready to choose an NFT marketplace.
Next, decide which NFT exchange or marketplace (OpenSea, Rarible, Blur, Magic Eden etc.) you want to use, & create an account.
Now, one needs to connect their crypto wallet with the chosen exchange. Once your wallet is connected to your account & your information is uploaded & verified, you'll be able to start browsing the market for NFTs.
Once your wallet is funded and linked, buying NFTs on major platforms is akin to online shopping. Choose, confirm, and complete the purchase, while the corresponding amount of ETH should have been transferred out of it.
If you are considering investing in cryptos or NFTs, research is the most important thing. The information we share isn't investment advise & is only for educational purposes. Web3Cafe will not be responsible if you incur losses in digital investments.