Everyone is talking about Digital assets, cryptocurrencies and NFT’s. Well! It is still in the initial stage and there are a lot of development and improvements happening around it. Like cryptocurrency, NFT’s are also built on a blockchain platform. To understand NFT’s you will need to have at least a basic understanding of Blockchain and cryptocurrencies. This article will focus on NFT and will teach you how to make a NFT.

What is a NFT?

NFT stands for Non Fungible Token. It is a digital asset in the form of Art, music or Videos. Let’s break it down a bit. Non-fungible means they are always one of a kind meaning it can’t be exchanged or can’t be matched in value with other NFT’s. Further to understand this, one euro is always equal to one euro. They can be exchanged and will always have the same value. So, Euro can be called as fungible. So, how to make a NFT?

NFT’s are stored in a Blockchain and have a unique signature assigned to each. You could read it as an art, music or video but in a blockchain it is just a series of character that help distinguish one from the other. This unique signature helps to prove the authenticity of an NFT. Before you learn how to make NFT ?, let’s get into the basics.

Where to buy and sell NFT?

NFT’s started around 2014 but it’s getting more popular in the recent days. For a beginner, it might sound like a big deal but trust me, once you have a basic knowledge on it, it’s a piece of cake Just follow these articles How to create a cryptocurrency wallet? and How to buy NFT with Coinbase? to understand the basics before going into how to make a NFT.

Here are some platforms to buy and sell NFT. To get in more details visit How to buy and sell NFT?

Here is a list of marketplace:

1. Open Sea:
   – Popularity : 9 out of 10. It’s very popular.
   – About: It holds different kinds on NFT’s and is also free to sign up. Also, this platform allows you to create you NFT’s and sell it here. It’s customer base is growing everyday, mainly to sell NFT. This marketplace is a good start to learn how to make a NFT.
   -Blockchain : It supports 150+ different tokens for payment.
   
2. Crypto Punks:
   – Popularity : 9 out of 10. If you have spent some time researching NFT. I am sure you have heard about Crypto Punks. These NFT’s are sold out and a single one values in millions of dollars. I just wish someone could gift me one
   – About: It is the most hyped NFT and also one of the earliest to be introduced.
   -Blockchain : Ethereum.
   
3. Axie Marketplace:
   – Popularity : 8 out of 10. Axie Infinity , have you heard about this video game? I think most of you have as it’s one of the early adaptors on game based NFT’s.
   – About: It is a NFT marketplace where people can bye Axies, the video game characters, land and other digital assets that can be later used in the video game.
   -Blockchain : Ethereum.
   
4. Rarible:
   – Popularity : 7 out of 10.
   – About: It is similar to Open Sea but not as popular. Also, here you will need it’s own token called ” Rarible” to make transactions and also to create and sell NFT. This is another good platform to learn how to make a NFT?
   – Blockchain: Ethereum.
   

How to upload NFT for free?

There are many platforms that allow you to upload NFT for free. Personally, i prefer Open sea as it is a very popular platform and also provides free sign up a good way to learn how to make NFT.

If you have a collection of digital art, music or videos, you could simply sign up for free and add them for a bid or on sale. Remember, you will need to have a cryptocurrency wallet and have it connected to the platform. This way anything you boy or sell can be stored in the wallet.

Now, let’s get into how to make a NFT.

What is mint NFT?

Minting and NFT simply means Creating an NFT. NFT’s are created on a blockchain. Suppose, you create music and want to make an audio clip into an NFT. All you need to do it visit a NFT marketplace, create your account and follow the steps to upload your audio to the blockchain and it’s done. How to mint a NFT? and How to make a NFT? are the same question. Your NFT will be created and you can then have it on sell or store it in your digital wallet for sale in the future.

How much does it cost to create a NFT?

Well! this depends on the platform you choose to create it on. Some platforms allow to to create a NFT for free. Whereas, some have a fee that can be paid using cryptocurrency. Like i mentioned above, Open Sea allows users to create NFT for free but they do charge 2.5% on every transaction. So, you pay when you sell.

Great! you now know how to make a NFT. Hope we get to see your creations soon!

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Coinbase is one of the most popular platform for crypto and now it is set to release it’s own NFT marketplace. If you are excited you can join their waiting list. This doesn’t mean that you can’t store NFT with Coinbase. You can download Coinbase wallet from App store and Play store and transfer your NFTs. You can learn more on Coinbase wallet here, how to create a cryptocurrency wallet?

How to buy NFT with coinbase ? With the introduction to Coinbase marketplace, Coinbase wants to make sure that their customers have ease of access to NFTs. Having used their crypto platform i am sure they will make it very easy even for new users to mint, showcase, buy and sell NFTs through their marketplace.

Things to know about Coinbase marketplace

Since, it is very new, there is not much information on this. I have tried to gather some points for you to understand what you can do and what you can expect form this new marketplace. Go through the below topics before you learn how to buy NFT with Coinbase :

1. With it’s partnership with Mastercard, Coinbase will allow users to buy NFTs using their Debit or Credit Mastercard. This is huge and it removes one of the main pain points in the NFT environment i.e. to have a different Digital currency like Ethereum or Solana in your wallet and use the same to buy NFTs. However, you will still need a crypto wallet to store your purchased NFT.
   
2. The first launch is aimed towards US residents only. So, if you live abroad you will need to wait for some time. But, they will soon plan an international roll out soon.
   
3. You can join the waiting list and to keep it interesting they plan to provide access to the marketplace based on the ranking on the waiting list. Also, they have a refer and earn kind of arrangement. Where, the more you refer the more you rank. So, all the best! Believe me, you will need it as more than 3 million people have signed up for it. Now, let’s get into how to buy NFT with Coinbase.

How to buy NFT with Coinbase ?

Since, it is a while before you learn how to buy NFT with Coinbase. To get you used to it, here are a few steps you can follow to buy NFTs from the current providers. Since this article focuses on Coinbase, we will be taking Ethereum as the currency, Coinbase wallet and opensea.io as a platform.

1. Purchase Ethereum (ETH) from Coinbase.com. They provide multiple forms of payment method so you can choose whichever you feel comfortable. But, they do have certain limits based on the payment method.
   
2. Transfer the purchased ETH to your Coinbase wallet. You can easily connect your coinbase account to your coinbase wallet. Before you do this you need to understand that there will be gas fees for any crypto transaction. So, make sure you have some extra ETH to pay for gas fees.
   
3. With huge demand of NFTs, there are a lot of marketplace available. As an example we are taking opensea.io. It’s very simple to connect your wallet to OpenSea, Click on ” My profile” and you will find guided instruction to connect your wallet.
   
4. Good job! you are all set. Now, start looking for the NFT you would like to purchase. You will find a lot of them with different price range. You might get some in couple of dollars and some go to Thousands and even Millions.
   
5. There are multiple ways to buy, you can join the bidding session and try to get the best deals or there will be some available for direct purchase.
   
6. Once you are done buying, you will receive the NFT in your wallet. This will remain with you until you decide to sell it.
   
7. How to buy NFT with Coinbase ? Well! there is some time until Coinbase releases the platform. So, make sure to join the waiting list.

All of the above points are not financial advice, it is just meant for educational purpose. Always do your research before getting into Cryptocurrency and NFT. Due to it’s popularity there are a lot of SCAMS going around so be safe. Hopefully this article will in the future help you understand how to buy NFT with Coinbase.

If you have some digital assets, you can learn how to make a NFT here.

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How to buy and sell NFT? This example will help, Cryptocurrency is your Dollar, Euro or whichever currency you use and NFT’s are a piece art, music, and even videos that you can buy using your money. The only difference is everything you buy will be your digital assets i.e. it will be stored in the Blockchain under your address.

Should you buy a NFT?

I am not a super tech nerd, but getting my head around all this was easy. Once you understand the basics, all of it looks similar. But, be aware that all of this is still new and there will be a lot of changes moving forward, so make sure you research well before getting involved. Also, there are 10 times more SCAMS than legit digital assets in the internet today. So, stay updated and research more. There are a lot of sites that will teach you how to stay updated and safe in this digital world, keep checking HowThisThat as well, i might upload those content soon. For now, let’s learn how to buy and sell NFT?

None of the information here is financial advice. It is just information that i know and want to share. Also, i am not sponsored by anyone i mention here and yes i do hold some NFT’s.

Let’s get into how to buy and sell NFT.

More on how to buy and sell NFT

Just like Amazon and Facebook marketplace, NFT’s have their own marketplace. NFT’s are built on Blockchain platform and to buy an NFT on a certain Blockchain, you will need a cryptocurrency that is supported on the same Blockchain. Like, to buy NFT’s on Ethereum Blockchain, you will need to have ETH. These days there are multiple marketplace that accept a wide range of payment options too. Also, to store cryptocurrency you will need a crypto wallet, visit how to create a cryptocurrency wallet to know more.

Here is a list of marketplace:

1. Open Sea:
   – Popularity : 9 out of 10. It’s very popular.
   – About: It holds different kinds on NFT’s and is also free to sign up. Also, this platform allows you to create you NFT’s and sell it here. It’s customer base is growing everyday, mainly to sell NFT.
   -Blockchain : It supports 150+ different tokens for payment.
   
2. Crypto Punks:
   – Popularity : 9 out of 10. If you have spent some time researching NFT. I am sure you have heard about Crypto Punks. These NFT’s are sold out and a single one values in millions of dollars. I just wish someone could gift me one
   – About: It is the most hyped NFT and also one of the earliest to be introduced.
   -Blockchain : Ethereum.
   
3. Axie Marketplace:
   – Popularity : 8 out of 10. Axie Infinity , have you heard about this video game? I think most of you have as it’s one of the early adaptors on game based NFT’s.
   – About: It is a NFT marketplace where people can bye Axies, the video game characters, land and other digital assets that can be later used in the video game.
   -Blockchain : Ethereum.
   
4. Rarible:
   – Popularity : 7 out of 10.
   – About: It is similar to Open Sea but not as popular. Also, here you will need it’s own token called ” Rarible” to make transactions and also to create and sell NFT.
   – Blockchain: Ethereum.
   

Conclusion

Great! now you know how to buy and sell NFT.

All the above platform are the main marketplace for NFT’s at the moment. However, there are a lot more and also a lot more still being developed. Keep researching and make sure you understand the project well before investing.

If you are looking to make a NFT, Learn how to make a NFT, here.

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