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How to buy NFT: A summary of the best places to buy NFT


NFT is one of the most discussed topics in 2021, but if you want to buy NFT, where do you start?

With the release of new NFT projects every month, more and more crypto users are buying this trend. NFT-or non-fungible tokens-grant unique identifiers to digital projects, marking assets such as art, music, or video on the blockchain.

The value of NFT lies in its intention to provide users with “real ownership” so that they can obtain all rights related to digital assets. The following are possible ways to buy NFT through OpenSea, Binance and Coinbase.

Table of Contents

How to buy NFT from OpenSea

OpenSea is one of the leading NFT markets, allowing users to buy and sell popular NFTs. The market provides two possible ways through which users can purchase NFTs from OpenSea.

By direct purchase (fixed items)

  • Log in to your OpenSea account and make sure you have a valid encrypted wallet address (MetaMask, Bitski, Fortmatic, WalletConnect) approved by OpenSea.
  • Link your wallet to your OpenSea account.
  • Browse the listed NFTs and select the NFT you want to buy.
  • View all basic details (value, collectible and rarity information, specific attributes, etc.).
  • Click the “Buy Now” button.
  • A checkout window will pop up, fill in the wallet details, and click the confirm option to continue.

Through auction

Some sellers on OpenSea like to auction their NFTs to get better prices. In this case, the user needs to:

  • Log in to your OpenSea account.
  • Find the NFT you like, and then click the Make An Offer button.
  • Review the details before proceeding.
  • After clicking the Make Offer button, OpenSea will ask you to review the transaction before proceeding.
  • Choose the currency you want to buy.
  • Enter your discount amount and expiration date.
  • Wait for the seller to accept the proposed offer.

How to buy NFT from Binance

Direct purchase

  • Log in to your Binance account and go to the NFT market.
  • Select the NFT you want to buy. You can filter by currency, category, and file type.
  • Click Confirm to pay the full price.

Buy through auction

  • Log in to your Binance account and go to the NFT market.
  • Select the NFT for which you want to provide a quote.
  • After selecting (after viewing the details of its properties), click the “Bid” button.
  • A pop-up window will open, asking the user to enter the bid amount.
  • Click the “Bid” button to complete the transaction.

Purchase NFT through Coinbase

Unfortunately, Coinbase does not support NFT at the time of writing.

However, this concept is still in the early stages of development and is expected to appear soon.

The official Coinbase website has created a waiting list for users to access some of its advanced market features as early as possible before the official launch.

The post How to buy NFT: A summary of the best places to buy NFT first appeared on Professional player strategy.

Written by idroid

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