Above is an example of NFT artwork. For a refresher, an NFT is a digital asset. It can be things like an article, music or a meme. Here we’re going to outline how to buy an NFT, which some people are purchasing as investments.
When it comes to NFT investments, the news on them has been surprising so far, with one New York Times column selling for $560,000. Then there’s the NFT of Jack Dorsey’s first Tweet majorly flopping. So, definitely keep that in mind before you shell out the big bucks.
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How do you buy one?
In order to get an NFT you will first need cryptocurrency to buy one through a marketplace. The most popular NFT platforms (as of 2022) use the Ethereum blockchain.
Once you have cryptocurrency, follow these steps:
1. Create a profile on an NFT marketplace like OpenSea. Once you have your crypto wallet associated with your account, browse NFT marketplaces like OpenSea in order to find what you want.
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2. You can either make a “bid” to the current owner or buy the NFT outright, depending.
3. Once you have purchased the NFT, it will be transferred to your ownership and should appear in your digital wallet.
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That’s how to buy an NFT!
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