Buying NFTs today isn't as straightforward as online shopping, but it's a mistake to think it's exclusive to tech experts or crypto-finance gurus. Anyone can purchase NFTs—all you need are cryptocurrencies, a digital wallet, and, of course, know-how. Let’s start with where you can buy them.
NFT marketplaces are virtual spaces where users trade NFTs. Whether you're joining the NFT craze as a creator or collector of digital assets and crypto-art, choosing the right platform is crucial.
Here’s a guide to buying NFTs on the best online platforms.
Top Platforms for Buying and Selling NFTs
How to Buy NFTs?
To buy an NFT or digital artwork, you’ll need:
- A crypto wallet compatible with Ethereum.
- ETH (Ethereum) to complete transactions.
For beginners:
- Learn how to buy Ethereum.
- Set up a wallet (MetaMask, Binance, Coinbase).
- Transfer ETH from an exchange to your wallet.
Now that you’re ready, let’s explore where to buy NFTs.
Where to Buy NFTs
NFT trading happens on dedicated marketplaces. Key differences between platforms include:
- Ease of use
- Fees
- Payment options (crypto vs. fiat)
- Types of NFTs sold
The 10 Best NFT Platforms
1. OpenSea
- Largest NFT marketplace, supporting art, collectibles, music, and more.
- Works with Ethereum and Polygon (lower gas fees).
- Sales via auctions or fixed prices.
Key Stats:
- Founded in 2017.
- Processes billions in transactions.
2. Rarible
- Community-driven, powered by its $RARI token.
- Users can mint NFTs easily.
- Supports Ethereum and other blockchains.
3. SuperRare
- Curated high-end digital art.
- Artists must be approved.
- Charges 15% commission on primary sales.
4. Foundation
- Invite-only for artists.
- Focuses on exclusivity and UX.
- 15% platform fee; 10% artist royalties.
5. Nifty Gateway
- Famous for "drops" (limited releases).
- Accepts credit cards and crypto.
- Owned by Winklevoss twins.
How to Choose NFTs Wisely
4 Key Factors:
- Rarity: Check traits via tools like Rarity Tools.
- Seller Reputation: Verified accounts (blue checkmark).
- Fees: Some platforms charge buyers (e.g., Rarible: 2.5%).
- Price History: Track past sales of the artist’s NFTs.
Risks to Consider Before Buying
- NFTs lack liquidity (harder to sell than crypto).
- Value depends on intangible factors (artist reputation, uniqueness).
- Still an emerging market—invest only what you can afford to lose.
This guide is for informational purposes only. Consult a financial advisor before investing.
### FAQ Section
**Q: Can I buy NFTs with credit cards?**
A: Yes! Platforms like Nifty Gateway accept credit cards.
**Q: What’s the cheapest NFT marketplace?**
A: Mintable offers "gasless" minting (free creation).
**Q: Are NFTs a good investment?**
A: Highly speculative—research artists and project utility before buying.
**Q: Which blockchain is best for NFTs?**
A: Ethereum dominates, but Solana (low fees) is gaining traction.
**Q: How do I store NFTs?**
A: In a crypto wallet (e.g., MetaMask).
**Q: What’s "minting"?**
A: Turning digital files into blockchain-tracked NFTs.