NFT Tokens :
Before we wrap up this guide on the best NFTs to buy, let’s explore the investment process. Since NFT development are denominated in cryptocurrency, you will need to purchase Ethereum (or a different digital currency) to facilitate your investment. Once you have some cryptocurrency, you will need to connect to an NFT marketplace and make your purchase.
The process can seem a bit overwhelming at first, NFT development company especially if you are a beginner. However, to expedite the process, this section will detail each of the steps you need to take to buy NFTs today, all from the comfort of your own home.
Step 1 – Buy cryptocurrencies to buy NFTs
First of all, you will have to register with an exchange or broker and buy cryptocurrency to buy NFTs. We recommend creating an account with eToro for this, as the platform offers over 50 different cryptocurrencies to trade, with tight spreads and a low minimum investment amount.
Below are the steps you need to follow to buy cryptocurrency with eToro today:
1 – Open an account at eToro
Head over to eToro.com and create an account. Enter your email address and choose a username and password for your trading account. etoro sign up
Create an eToro account
2 – Verify your account
As eToro is a heavily regulated broker, new users must be verified to gain full access to all platform features. To do this, you need to click “Complete Profile” in your account dashboard and complete the KYC checks . Next, upload an identity document (passport or driving license) and proof of address (bank statement or utility bill).
3 – Deposit
Click “Deposit” and choose the payment method you wish to use: eToro accepts credit/debit cards, bank transfers, and eWallets. Next, you enter your deposit amount (minimum $10) and confirm the transaction.
4 – Buy crypto
Type the name or ticker symbol of the cryptocurrency you wish to buy into the search bar and click “Trade”. Enter the amount of your investment in the order box that appears (minimum 10 dollars) and click on “Open trade”.etoro buy crypto
Create an eToro account
5 – Set up your wallet
You will now need to set up a cryptocurrency wallet that you can use to connect to an NFT market. As stated in the previous section, there are numerous wallets you can use, most of which support crypto and NFT . Choose one and go to the wallet provider’s website, where you can follow the instructions to set it up.
6 – Transfer crypto to your wallet
Finally, go to the App Store or Google Play and download the eToro Money app. Log in to the app with your eToro credentials and return to the main eToro dashboard. Click on “Wallet” and then transfer your cryptocurrency investment to eToro Money.
download eToro money
Go back to your eToro Money app, and your crypto should now appear in your holdings. Click “Submit” and enter the public address of the cryptocurrency NFT development services wallet you created in the previous section. eToro will send you an SMS with a security code, which you must enter to verify the transaction. Once verified, click “Submit” again, and your crypto holdings will be sent to your external wallet.
Step 2 – Connect to an NFT marketplace and buy NFTs
Now that you have a wallet and some cryptocurrency, it’s time to find the best NFT marketplace to make your purchase. Crypto.com is not only great for buying digital art with no transaction fees, it is also the best place to sell NFTs. With this in mind, the following steps will guide you through the process of buying NFTs with Crypto.com:
1 – Create an account at Crypto.com
Enter the personal data necessary to create your account.
crypto.com sign up
2 – Verify your account
You will need to verify your NFT account before making your purchase.
If you already have a trading account with Crypto.com, you can verify your new NFT account by clicking on “Connect with app” in its settings menu. You will then be sent an email asking you to click the link to confirm your identity, which will ensure that your NFT account is verified.
If you do not have a Crypto.com account, you can verify your NFT account via SMS. Enter your mobile number on the settings page and you will receive a text message with a security code. Enter this code on the setup page to verify your account.
3 – Buy NFTs
You can now search the Crypto.com NFT marketplace for a digital asset you wish to purchase. Once you’ve found one, click on it to take you to the listing page.
crypto.com buy NFTs
NFT development services will be auctioned or offered for sale for a fixed price. In either case, once you’ve made the purchase or won the auction, the NFT will be automatically transferred to the “Collectibles” section of your account. You will then be able to view your NFT or send it to an external wallet.