How to Buy NFTs: The Beginner’s Guide 2025

Some common examples include digital art pieces, in-game virtual properties, and collectibles like basketball or Pokemon trading cards. Magic Eden describes its platform as a Web3-ready NFT marketplace on the Solana blockchain. It operates as a community-centric platform, rewarding users with Magic Ticket tokens that are used to access the MagicDAO. Magic Eden has thousands of NFT collections and charges a 0% listing fee and transaction fees that vary based on the scenario. NFTs, or Non-Fungible Tokens, are digital assets stored on a blockchain. Each NFT represents a unique item, such as digital art, collectibles, or even virtual real estate.

Ensure you select the correct network when transferring from an exchange to your MetaMask or Trust Wallet. Choosing the wrong network can cause your assets to become lost and unrecoverable. This peer-to-peer NFT platform charges 2.5% on secondary transactions. For primary drops on new mints, fees range from 2.5% to 10%.

Step 1: Understand the Basics of Blockchain Technology

Evidently, you’ll still need to use a specific hot wallet in order to be able to observe your NFTs on the blockchain, though. I don’t see why it would be anything other than a significant advantage for gamers to play games that allow them to build valuable assets. Shawn Munir is the CEO of Coinweb.com and spearheads all the collaborative partnerships for the platform. Ensure you’re comfortable with the pros and cons of investing in NFTs before buying or selling them. It will also help if you can network with potential buyers and collectors.

You may purchase many NFTs on most marketplaces, but each operates slightly differently. It focuses on browser integration and attractive design to act as a critical entry point into Web3, decentralized finance (DeFi), and NFTs. You can read our learn how to set up your MetaMask guide here.

Step 2: Picking an NFT Marketplace

• To buy an NFT, set up a crypto wallet, add funds (ETH), connect to a marketplace like OpenSea, browse, and purchase via auction or “Buy Now” options.
• NFTs represent ownership of assets that can be digital or real.
• Other NFTs that are listed with a fixed price, will have the option Buy now available, instead of Place bid.
• The transaction is then validated and recorded on the blockchain.
• It’s a great way to not only see what’s currently trending, but also to see what projects are coming soon.

An NFT is a unique digital collectible asset such as a trading card or a piece of art. This guide will give you everything you need about buying and selling NFTs. Non-fungible tokens (NFTs) differ from other cryptocurrencies; they are not currency.

Step 2: Choose a NFT Marketplace and Connect to Wallet

Custodial wallets are managed by a third party, whereas a non-custodial wallet is managed by you. Custodial wallets are like keeping your valuables in a storage facility, and non-custodial wallets are like keeping them in your safe at home. Custodial wallets therefore require less responsibility, but have risks related to the third party (like, if the storage facility was robbed).

There, you will confirm and submit the transaction to the blockchain. You may notice that your total is higher than the listed price for that NFT. This is due to network (“gas”) fees and, if you’re paying with a card, processing fees charged by MoonPay. The transaction will be submitted through your crypto wallet.

Step 1. Connect your wallet to OpenSea

To avoid failed transactions, you should ensure you have enough crypto to pay relevant fees to complete the process. You can mint a new NFT, or sell one you’ve previously purchased. Minting is the process of tokenizing a digital item on the blockchain.

Step 1: Select and Fund Your Crypto Wallet

In layman’s terms, a cryptocurrency exchange is a place where pos systems tutorial you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Kraken) acts as a middleman – it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange.

Art collectors have also found a new way to invest in digital form and support their favorite artists. Anyone can buy NFTs and own digital art that is transferable and verified on the blockchain. The highest bidder receives ownership of the image when someone bids on a digital image they want to purchase. Additionally, you can make many NFTs for a single image and sell them separately. We highly recommend choosing Binance USD as your go-to for crypto. The New York State Department of Financial Services (NYDFS) oversees Binance USD, a stablecoin with US dollars as its backer.

The Non-Fungible Tokens market has grown tremendously in recent years. One current trend in the NFT industry is the growing acceptance of digital artwork, music, and other digital assets being offered for sale as one-of-a-kind, unique tokens. NFTs offer unique economic opportunities, allowing individuals to buy, sell, and trade digital assets on the blockchain. They can attract interest from collectors, investors, and creators, providing new ways to engage with digital art and online communities. While the market is growing and innovative, readers should be aware that this information is for educational purposes only and not investment advice.

Can you buy an NFT and then sell it?

As mentioned at the beginning of this article, learning how to buy NFTs can be a bit more tricky than it would appear at first glance. That said, with the right tools at your disposal, this is something that isn’t going to be an issue. What this term means is that there is no replacement for the token in question – no other just like it. With USD, $1 will always be equal to $1, and you can exchange two banknotes at the shop – it wouldn’t make a difference. To attract your buyer, you will need to promote your NFT listing. You can promote your piece in various ways, such as social media, forums, and online communities.

• If you want to buy using crypto, you’ll need to load your wallet with cryptocurrency.
• Non-fungible tokens (NFTs) differ from other cryptocurrencies; they are not currency.
• There are the usual blockchain network fees, but the only fee charged is an ACH withdrawal fee of $8 and foreign transaction fees.
• To create an ERC-721 token, a developer must write smart contracts that specify the rules and characteristics of the token, including its name, symbol, and other metadata.
• You can buy an NFT using one of the top NFT marketplaces such as OpenSea, Rarible, SuperRare, and others.
• It operates as a community-centric platform, rewarding users with Magic Ticket tokens that are used to access the MagicDAO.

One thing to keep in mind, though, is that you should always pay close attention to your transactions, and make sure that you’re using all of the “best practices”. Truth be told, the purchasing process itself isn’t all that difficult. It’s obviously different if you’re completely new to the space – then, there are a few points that might be a bit confusing, sure.

An NFT (non-fungible token) is a unique digital item stored on a blockchain. NFTs can represent almost anything, from art, to memberships, to in-game items, and serve as a digital record of ownership. When it comes to buying NFTs, choosing the correct crypto wallet is critical. You can select between hot wallets (software wallets) and cold wallets (hardware wallets). These include using a crypto wallet, buying the proper cryptocurrency, and creating an account on a suitable NFT marketplace.

How to Buy or Sell NFT? The Ultimate Guide for Beginners

A crypto wallet is a program that stores your NFTs and cryptocurrency. Casey Anderson is a crypto enthusiast and skilled writer with a deep understanding of the NFT space. He brings his expertise to the forefront, focusing on various NFT applications, including digital art ownership, play-to-earn gaming, and the evolving metaverse. After setting up your wallet, the next step is to choose a marketplace where you can buy an NFT.

After some time, once everything’s confirmed and settled on the blockchain, you’ll become a legitimate owner of a non-fungible token. To buy a cryptocurrency, you can use exchanges or peer-to-peer platforms. Using exchanges, you first need to sign up for the exchange and upload identity documents. Once you open the account, fund it with your preferred currency, then set a “buy order” to start trading the right crypto. Now that you know how to buy NFTs on some of the most popular NFT marketplaces, you are free to start exploring the vast world of digital art, and all the collections available.

Featured NFT Articles

Some NFTs are listed as a timed auction, which is clearly marked when you are scrolling through them. Once you provide necessary information, your wallet will ask to authorize the connection. You can select one of the supported wallets (MetaMask, Fortmatic, or WalletConnect).

How to pick the best crypto exchange for yourself?

• Magic Eden is perfect for buyers seeking gaming-related NFTs or low-cost alternatives to Ethereum-based marketplaces.
• After you’re all settled and have the necessary funds, you can complete the purchase.
• When digital content is minted, it becomes a part of the blockchain.
• Additionally, the RARI token provides users governance, shaping the marketplace’s future direction.

After all of the fees are paid, and the transaction goes through on the blockchain, that’s it – you are now a proud owner of a non-fungible token! It will appear in your MetaMask wallet, and from there on out, you’ll be able to trade it with others, or simply enjoy the fact that you now know how to buy NFTs, in general. In order to buy NFTs on a specific marketplace, you’re going to need to transfer the Ether that you purchased from your exchange account to your new wallet. Naturally, you can explore other crypto wallet alternatives, as well. These include the so-called hot wallets, which are usually free-to-use (unlike hardware ones, like the Ledger Nano X), but come with their own quirks and issues. So, what do NFTs and cryptocurrencies have in common – are they the same thing?

As a creator, minting an NFT allows you to establish provable scarcity and verified ownership. For the first time, creators can publish limited edition digital works, whose authenticity is validated on the blockchain. So instead of a central company-owned server, the blockchain is distributed across a peer-to-peer network. Because the blockchain records and preserves history, it is uniquely positioned to transform provable authenticity and digital ownership.

While you can definitely buy your select NFTs from other individuals on the blockchain, most of the time, you’re going to want to look at a trustworthy marketplace. You can make an offer to buy an NFT using OpenSea, even if it’s not listed for sale. OpenSea will format your offer, and you’ll confirm those instructions by signing them in your wallet, which then submits them as a blockchain transaction. If the seller has an OpenSea account, they will receive notice of your offer and can sign parallel transaction instructions in their wallet.

Investing or trading NFTs can be profitable, but it also involves substantial risk. The NFT market, like cryptocurrencies, is extremely volatile. For example, from 2021 and 2024, NFT sales fell by about 70%, demonstrating how volatile this industry can be. It will be automatically added to your wallet once you complete the transaction in above step 4.

• The site provides a diverse range of NFTs, including those relating to art, music, and gaming.
• Entering the landing page of the NFT of your choice, you might see a few different options.
• They are typically safer than other cryptocurrencies because you don’t have to worry about falling prices.
• Neither the writer nor the publication assumes responsibility for your financial choices.

Niche Marketplaces (for specific NFT types)

Therefore, you will need a blockchain wallet like Metamask to use this site. Next, you’ll decide whether to pay with crypto or with a card. For this example, we’ll use a card, which is processed by MoonPay. If you want to buy using crypto, you’ll need to load your wallet with cryptocurrency. Whichever method you choose, the transaction will be validated and confirmed on the blockchain, based on the transaction you sign in your wallet.

Marketplaces

Each NFT platform accepts different wallets, so it’s best to check their help sections when selecting a compatible wallet. Using a crypto wallet lets you complete and sign transactions without storing your account information on the platform. It also offers opportunities to earn rewards via challenges and drops. Non-fungible tokens (NFTs) come in different forms and types. They can represent digital items like customized avatars of an individual, artworks, real estate, or any other item that is represented digitally.

Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place. So – once you have your wallets sorted, you can then connect your MetaMask to the OpenSea marketplace. This process is simple and quick, and a built-in wizard will guide you through it, step-by-step.

Step 7: List Your NFT on a Marketplace

For the latter, I’d recommend either Coinbase or Binance, and as for the former, the Ledger Nano X hardware wallet is the undisputed leader. This is also when you purchase your Ether and transfer it to your wallet. While items usually have a fixed price, most NFT marketplaces include an auction option. You may enter your bid and then wait for a predetermined length to see whether you won the item. Finding out where NFTs are being sold is the first step and necessary before you can purchase them.

When digital content is minted, it becomes a part of the blockchain. Creators can mint NFTs representing art, music, videos, or other types of digital files. NFTs can be thought of as certificates of ownership for virtual assets.

“Minting” an NFT is the process of writing a digital token to the blockchain. This establishes its immutable record of authenticity and ownership. When you mint an NFT from a project, you’re the first ever owner of that NFT, since the mint is when it’s written to the blockchain. NFT transactions happen using cryptocurrency, although many NFTs on OpenSea are available to buy with a credit or debit card, through an integration with a payment processor. These transactions are still validated on and recorded to the blockchain.

The absolute majority of NFT marketplaces out there only accept payments in Ether. As mentioned, there are some that do also accept fiat currencies, and more-standard payment methods (i.e. PayPal), however, this is still a rare occurrence. This is what creates scarcity, and, in a way, fuels the hype behind the market. It’s also part of the reason why people are suddenly looking at how to buy NFT crypto, as well.

If I give you $10, you can give me another $10, and we’re even. But if I give you a rare collectible trading card, you can’t just give me any random card in return—it’s unique. Evidently, you can use other exchanges and wallets, sure, but the ones mentioned above are going to be your best options.

It’s also important to keep in mind that NFTs are a relatively new trend, so be cautious before you invest. You should consider reviewing NFTs using some of the popular NFT tools before making any investments. Digital artworks can be filtered by price, auction status, type, date minted, and other details.

There are many reasons to buy an NFT that all depend on what the NFT is. You may like the art, want to support the creator, windows engineer jobs gain access to exclusive content or events, or find a community you identify with. Many “traditional” creators are also active in the NFT space, like Snoop Dogg, Damien Hirst, and Gary Vee. You can check out some of your favorite creators and see if they have any cool NFT projects, like this interactive music project by SiA. Once your wallet is connected, you can browse OpenSea’s extensive collection of NFTs. Use the “Explore” option to navigate different categories like NFT Art, PFPs, or Memberships.