NFT (Non-Fungible Token) has brought revolution in the world of digital arts and collectables. These digital assets have unique assets based on blockchain technology. If you also have interest in buying NFT, then Rarible nft market There is a major and user-friendly marketplace where you can easily buy NFT or sell yourself NFT. In this blog, we will understand in detail how NFTs are purchased on the RARIBLE, what things are required for this and how this platform works.
Rarible on NFT Market What is necessary to buy NFT?
Set ethereum pockets: You will need an ethereum-based cryptocurrency wallet before purchasing NFT on Rarible. For this you can select one of the popular wallets like metamask, coinbase pockets or argent. These wallets can be installed as a browser extension or mobile app.
Add funds in wallet: To buy NFT, it is necessary to have Eth (Ethereum) in your wallet. You can buy it from a cryptocurrency exchange (eg Wazirx, Coindcx, Binance) or also buy ETH directly from credit/debit cards through Rarible. If you want to buy NFT on other blockchains like Tezos or Wave, then you have to keep the concerned cryptocurrency in your wallet.
Connect wallet to Rarible: Now go to you and click on the “Connect Wallet” button. Select the type of wallet and authorize the connection. Once your wallet is connected to the RARIBLE, you can browse NFTs and start shopping.
Rarible on NFT Market What is the process to buy NFT?
Browse NFT on Rarible NFT Market: By going to the “Explore” tab on Rarible’s website, you can browse “collections”, “NFTs”, or “users”. Apart from this, you can find NFT by choosing your favorite blockchain (eg ethereum, tezos etc.).
Selection of NFT: There are two ways when you like NFT –
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Hover on it and press the “Buy Now” button
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Or click on three points (⋯) and choose the option of “Buy Now”
Confirm checkouts and transactions: When you press “Buy Now”, a checkout window will open that will show NFT Value, Transaction Fee and any other fees. Click on “Continue” and sign the transaction seen in the wallet.
Ways to buy NFT: NFT can be purchased in two ways on Rarible
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Mounted value: NFT is listed at a pre -fixed price. You can buy directly by pressing the “Buy for” button.
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Public sale (auction): NFT is placed on the bid for a certain time. The highest bidder gets NFT. Keep in mind that auctions are done only in cryptocurrency.
Rarible nft market But how to do NFT Mint
Rarible NFT market is not only a platform to buy and sell NFT but also to do his own NFT. If you are an artist, you can start creating NFT by clicking on the “Create” button.
Follow these steps to NFT Mint
Select blockchain: Select Ethereum, Tezos or other options.
Set NFT type: Like do you want to create a unique NFT or multiple copy of the same artwork?
Upload file: Formats like PNG, GIF, WebP, MP4 are also accepted.
Fill the details: Set the title, description, cell type (fix price or auction) and royalty percent.
Select gas fee option: You can pay gas fees by yourself or select free mining options.
After NFT is formed, you can display it on your profile and list for the cell.
Conclusion
Rarible NFT Market is a multi-blockchen supporting platform, where there are good opportunities for both NFT Collector and Creator. If you want to start buying NFT or are looking for a means of selling your digital art, then Rarible NFT is a good option. But keep in mind, NFT is also a type of investment, which does not guarantee profit. Therefore, the right research and understanding is necessary before taking any decision. Along with this, if you want to know, What is the major difference between Fund NFT and Rarible NFT So, you can know by clicking on this link.
