NFTs are Non-Fungible Tokens, word non-fungible means irreplaceable and unique. I'm relating unique with nonfungible, everything irreplaceable is unique. For instance, if you draw a sketch, it becomes a masterpiece and nobody can replace it, which comes with uniqueness as well as being non-fungible. And the word Token means proof of authority which means the sketch you draw belongs to you and you are the authorized owner of this sketch.
If someone wants to buy the NFT, first they have to exchange some currency with you and in return, they will receive a token of that NFT.
Now the question arises of where you can buy or sell NFTs. Well, there are many marketplaces where you can sell and buy NFTs like OpenSea, LooksRare, Binance, Super rare, Rarible, and more…
How to Buy First NFTs on Rarible NFT Marketplace
To buy the first NFTs on Rarible NFT Marketplace you must join a platform called Rarible where you can sell or buy NFTs. Here we are going to discuss the NFT buying process on the Rarible marketplace, as it is a big Ethereum-based platform where you can create, buy and sell your NFTs. Step-by-step guidelines are given below:
Step 1: Set up the Wallet
Connect your digital wallet with the NFTs marketplace account. Register yourself on one of these given wallets like Coinbase Wallet, MetaMask, Enjin, Math Wallet, and others. A Digital wallet is essential to send or receive money while buying and selling NFTs.
Step 2: Open Rarible
Go to Rarible, and connect the wallet:
Step 3: Connect the Wallet to Buy the NFT
Link your MetaMask wallet to this website. To link the wallet, click on the button Connect wallet given on the top right side of the screen, and then select the MetaMask wallet to sync:
Enter the password of MetaMask wallet and hit the button Unlock:
Hit the button Next to connect with MetaMask:
Hit the Connect button:
Hit the button to Switch network to allow this site to switch the network:
Click the button Sign for the signature request:
Everything has been done now you can buy NFTs:
Step 4: Buy Your First NFT on Rarible
Click on Explore and select the NFT in the drop-down:
By default, it displays the Trending NFTs but here you can filter according to your preferences, I’m selecting the Recently listed:
Here it will display all the recently listed NFTs, you can buy any of them:
Before buying explore the Owners, Bids, and History to make the decision productive, after that click the Buy now for 0.45 ETH button:
You can pay by using two methods: Pay With Crypto, and enter quantity, and if you don’t have enough money to buy an NFT you can add funds using a VISA card.
The second method is to Pay with card, entering the quantity and amount you pay and then hitting the button Proceed to payment:
To buy the NFTs, you must have a digital wallet and enough funds in it so that you can buy it from any platform. There are multiple NFTs platforms in the marketplace through which you can buy NFTs. On the Rarible platform, you can purchase NFT through two payment methods: the first is to pay with crypto and the other one is to pay with a card.