How to Buy and Sell NFT for Beginner
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- Опубліковано 14 бер 2021
- How to buy and sell NFT for beginner
NFT or non-fungible tokens are a trend that took off in 2021 for buying and selling digital assets using blockchain.
Anyone can browse marketplaces that sell NFTs. NFTs included digital assets, digital collectibles, jpegs, songs, videos, and anything else that can be created digitally.
One of the largest NFT marketplaces for buying and selling NFTs is called OpenSea.
opensea.io/
In order to buy or sell NFTs, you’ll need a digital wallet and you need cryptocurrency. The most popular method of payment in cryptocurrency is Etherium.
OpenSea helps you create a wallet using Metamask and you can then add Etherium or ether to that wallet.
There is a transaction fee associated with buying ethereum or another cryptocurrency.
Once you have crypto in your wallet, you can buy NFT on the marketplace.
In order to sell NFT, you still need a digital wallet. Listings on OpenSea are free, but it does require a fee called Gas for creating a listing.
Gas is the initial cost of using the Blockchain to sell items and create a storefront.
There is a 2.5% commission fee as well when a sale is complete on OpenSea.
Open sea is not the only marketplace for buying and selling NFTs but others have similar rules and fees associated with them.
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This is the 18th nft video I’ve seen and this is the only one that made it super easiy to understand. Kudos to your channel-
Awesome, thank you!
Want to buy nft at less price?
Dis da 2nd one
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@@Howfinity E
Just the right level for a complete beginner without being patronising. First port of call for the NFT novice!
BETA
Best and simplest explanation indeed! Thank you
You are so concise in your explanation. Thanks in a bunch. I have already subscribed to your channel
Thank you sm for not making this complicated what so ever!❤️
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You are doing a great service. Keep doing and you will be hugely successful. Very clear explanation. Thanks. Jay, Singapore
That’s the perfect video I was looking for as a beginner. (I saw a hundred interesting ones but not adapted to beginners actually)
Zero dislikes for a reason. Great vid
Thank you for this explanation! I can't wait to get started.
grear explanation! Would be awesome to have a chart with the gas price rates of the most popular selling websites and more insights on how to create wallets, transfer amounts, and connect them all together. In a rabbit hole now, might just find out more about it ! lol
Yea I’m getting into more now. Just wanted to make a quick intro video and point out some of the things I found confusing. Lot of learn
Maybe we should put our minds together… we could be onto something here ?
BETA
Thank you for simplicity!
Thank u sm for making this vid!!
Brilliant explanation mate. Defo subscribing.
Easy guide to follow🙏thank you so much!!!
You are such a great teacher. Thanks for sharing
This was awesome...Very helpful!
Hey man, thanks so much for this video. You saved me a lot of headaches regarding NFT. I have been watching many Channel to learn how to buy NFT. I must say, you’re the only one that made sense. Well done!
Best explanation ever , thanks
Thank you!!!!!much Love and God bless you brother.
I love this because it's very simple and understandable👍
thank you !! this is the new form to buy art !! love it !!
The best video ever, I watched a lot of videos, but couldn’t understand any of them. Your was simple and directly to the point. Thanks!
I’m no longer confused, thank you!
Is he basically saying to purchase I'd need ETH but to sell I'd only need to pay a gas fee?
This video Clearly explains in detail I love now me and my friends are finna get into NFTs
Great Video, thank you dude!
Subbed! Great video
I am an established artist but in the physical world. I am 76 years old so I’m not good with technology. I create oil paintings and sell them to collectors in that world. A week ago, my agent filmed me burning one of my paintings. He is working on my first NFT and I wanted to know if you know how artists can protect themselves in this world. We haven’t released it yet and I have my reservations because I know nothing about this world. I was recently put in social media as well. It’s all exciting but also daunting.
I hope everything goes well with your nft's.
Hi Miriam Alba Romano,
Kindly digitize your paintings with your digital signature and patent them in yours,otherwise there is a very bleak chance of getting it protected.This is my pov.Kindly correct me if am wrong.
This was vedio very helpful 💞
Hello thank you so much for your video. Question the gas fee is only one time? or you have to pay anytime you created and NFT?
thank you so much for your amazing video ❤️
thanks I didn't know where to screenshot nfts thanks a lot
this video is very important,,,,
nice video,,❤️
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extremely useful video thanks!!
thankyou for this very helpful video!
Gd video easy to follow
Excellent bro👍⚘
Great video! Thanks
In opening the opensea account how much do you need you think to put in as a start?
Thank u so much u explained it perfectly
Just what I needed!
I think this is a best explanation for bignners and hoped that this is helpful👍
Thanks;
Shoaib
Is he basically saying to purchase I'd need ETH but to sell I'd only need to pay a gas fee? If so I find it easier and less costly for the artist than the buyer
Thank you for making this so simple.
Do I have to pay for gas only ones or every time I want to sell/buy something?
Do you have to buy gas everytime you sell or every month? Or is just once ever and then never have to buy again?
Believe I've been trying to understand this for a year now and I think I just grasp the concept
thanks for this info
Well explained sir ,
Good explanation sir!! I feel very good before seeing your video😊
Hey..Did u buy any nft?
Awesome thanks
so if i understand i can put up my foto's of exclusive cars up for sale ?
Thank you, it all make sense especially to Ethereum
Subscribed!!
Helpful 👍👍
FINALLY!!! a video that ACTUALLY EXPLAINS HOW TO start NFTs!!!!! 😅 SO GLAD to have found it!! (Referred by Henbu).. Would be LOST without THIS video!!!!!!!! 💯💯💯💯💯 made it really EASY! thank you!!! 🤗
have you sold anything yet?
did u trade anything
Finally!!! A video that actually explains how to start Nfts!!!😃 so glad to have found it!!(referred by henbu)...would be Lost without this video!!!!
BETA
So what is smart contract? Should I need it for my polygon nft collection?
Do you have to pay GAS for every NFT you create?
How do you connect Coinbase I didn’t see Coinbase as one of the wallets
my letft ear really enjoyed this
very very vey great
I have one question like how you identify the real owner . For example I download one image from Google and sell it saying I made the art .so how will it know that I am the real owner of that art
Thank you very much for this but I have a question
This gas fee,it's a one time purchase, yes? I don't have to ever pay for it again?
Do you pay a gas fee to register AND to list?
So when you put up pic etc for sale when and how does money go to you or your bank
Great thanx for your film. I have started to gather info about it to comprehend more and ... stadt using it in practice. I have 2 questions:
1. Gas is one time fee. So ..
does it mean that once I buy it I can start selling a few digital assets (I mean as many assets as I want)?
2. Let's say I will have my digital wallet at Coinbase..Does it mean that if I want to buy something at OpenSea I just need to transfer the Ethereum from Coinbsae Wallet to the Wallet connected to OpenSea (that's why you say about importing the wallet to Meramask in this film. Am I right?)
I will jump to NFTS when I'm able to buy movies. I miss the days when DVDs were king and I was able to buy them and sell the ones I didn't want anymore
I don’t get the buy it now option just share option please help 🙏🏾
I have question, is the gas fee a 1 time purchase? Or do you pay every time you list item to sell?
It’s every time
Can I do this on my phone or has to be computer because I don’t see but buttons on my phone. Am I missing something?
Nice
I am a kindergartener in NFT and after this I think I have completed college .
what's the best wallet you recommend to use for beginners....
Thanks again fir showing this video
But how do I contact u for more help with this
Brutal, once I buy the NFT I own it's copyright for sharing, publishihg?
How do I be prepared to buy take offs album nft thingo on 6th December
how do i connect my coinspot wallet that has eth to opensea?
I have a question: To resell a crypto art I bought, do I need to pay a fee? I mean, the art is already minted, so I would only pay a fee in case of sale, right?
Check with fee page.
i got a nft art for sale ,it goes for 10eth,i purchased it at 2eth
Thnk u
Nice video. I have an account with Coinbase Pro. How do I connect that account to buy NFT please
What about opensea affiliate program, any idea how this works?
I just have one question. When you buy an NFT how do you get it? Just want to know before I look into buying or selling. Thank you!
from what i have understood it gets transferred to your wallet and sits there
@@naivesundari how woul i make money if im the one buying?
@@iitakkii5161 u sell it , stake it , rent it , many options there ! Mostly ppl buy low and sell high and make profits
Better way to wash corrupt money. Dope.
Just one question is that do we have to pay for the gas every time we sell or its just one time payment.
Do tell 👍
I’m pretty sure it’s every time, like a transaction fee
Nah its a one time fee, once you pay you dont have to pay again
@@a_gengoo9645 can u give prove?
Now I understand! Thank YOU! But I am still confused.. They are getting a digital product. They are not getting the ORIGINAL product. So why pay so much money for it??? It is a piece of paper they print it out and hang it on the wall. Right???
Do you have to pay the ‘gas’ fee each time you list an item or is it only for the very first time you try to sell something?
Thanks in advance
Following
Unfortunately it is every time you put something up to sell....
@@SinaSteed Thanks for your reply. Yeah that is a bit unfortunate isn't it!
Though, I suppose it stops people from paying once and then flooding the site with as much content as possible... exactly what I was hoping to do haha!
Thanks again!
Is the gas fee a one time fee or on each time u list an item u have to pay for gas
Each time
Ima screen shot it
Very simple video, seems the transaction fees are excessive and like the platforms profit greatly from it. Mad.
Hello, I would like to ask if we can use your video to share our project on how to buy NFT. Instructions for our NFT project? Thank you for your reply
So I could go on google images save an image and sell it on nft for whatever price I decide?
Do you need to be 18 to buy an nft or is there no age restriction
I want to buy one but is it Canada currency or usd currency
Can i make the currency AUD instead of USD
Bro i sold out my nft in x world games but how to get that payment in bnb
Is the Gas fee once off meaning I could create and auction off 10+ NFT’s or is it required before every NFT is created?
You pay gas fees each time you list an NFT
Need to pay gas fees for every art for sale? or is one time lifetime payment?
Right now, it’s every item
The price of a 0.6 eth has increased to 2505 usd .. that’s crazy
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Ima screen shot that thumbnail
Thank you, how can I make money from NFT?and also why should i by this drawings? For what i need them?