Opensea is a major NFT market, which facilitates users to buy, sell, make and trade users. By January 2024, more than 3 million active users and a daily trading volume of about $ 4.5 million were recorded on this platform. Opensea was launched in 2017 and since then it has become the largest and most trusted platform for NFT Buying and Selling.
On 14 April Opensea launches new version OS 2.0 Is done. This new version is based on the modular infrastructure designed for the Next generation of the Web3, making the platform more fast, affordable and user-friendly than ever.
Through OS 2.0, Opensea has not only redesigned its backnd, but has also taken a big step towards taking the NFT Trading Experience to the next level. This change will give creators, collectors and traders experience more scalable, flexible and efficient platform.
Why is NFT importance in Opensea?
NFTs are blockchain based certificates for digital assets that prove that a digital item (such as arts, videos, music, gifs etc.) and whose is unique. This means that one is like NFT and the other is not.
Opensea takes advantage of this unique system and gives a platform where you can not only buy and sell NFTs, but can also create your own NFT.
How to buy NFT on Opensea?
Buying NFT on Opensea is an easy process. Let’s know step-by-step.
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Setup the wallet –First of all you will need a crypto wallet such as metamask, coinbase pockets or consider pockets. Connect this wallet to Opensea.
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Add funds- Put eTher (Eth) in your wallet and then convert it to wrapped eth (weth). This is necessary because WEth provides better interoperability. On Opensea, you can buy NFT from tokens like Eth, WEth, USDC, Avax, Dai and Klay.
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Search NFT – Find your favorite NFT using search bars and filters. You can buy him immediately from his “Buy Now” tab or propose his price from “Make Offer” tab.
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Payment- After clicking on “Buy Now”, the payment page will open where you will sign the transaction. If you have offered, wait for the supplier to accept or reject.
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Get NFT –After the purchase is completed, NFT will be transferred to your wallet. You can see it in the “My Collections” section of your profile.
How to sell NFT on Opensea?
Selling NFT is as simple as buying.
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Go to your profile – Click on the profile icon to choose the NFT you want to sell. If you want, you can sell the same NFT or list several NFTs simultaneously in a bundle.
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Choose the “Sell” option – Go to the NFT item page and click on the right side “Sell” button above. This will open the listing page where you can determine the conditions of the sale.
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Choose the type of sale – Opensea facilitates two types of sells – mounted Worth (Sale) and timed public sale (auction for a certain time). Choose the kind of sale you want to do and fill the necessary information.
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Sign the transaction –To confirm the NFT record, you have to sign the transaction from your wallet once again.
Opensea’s future and role in web3
As the web3 expands, platforms like Opensea are coming to the center of the digital economy. Now artists and creators have no need for gallery or middleman to montage their creativity. A new virtual freedom is emerging through technology like NFTs and Opensea. For the information of users, let us know that Opensea platform starts solana buying and selling for users This feature is now made available for OS2 Closed beta users.
Conclusion
Opensea is a great starting platform for those entering the world of NFT. Whether you are an artist, collector, or investor Opensea gives you everything you need. Its large user base, easy user interfaces and trusted infrastructure make it an ideal NFT Platform. If you want to sell your creation in the digital world or buy unique artworks of others, go to Opensea today and connect your wallet. This first step in NFT Territory can be the beginning of your digital future.
