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opensea buying and selling tutorial

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2024-07-25 17:03:011090browse

How to buy and sell NFTs: Create an OpenSea account and connect a crypto wallet. Browse NFTs, select and buy. Sell ​​the NFT, set the price, edit the details, and wait for the transaction. Complete transactions, receive payments, and transfer NFTs.

opensea buying and selling tutorial

OpenSea buying and selling tutorial

OpenSea is the world's largest non-fungible token (NFT) trading market. If you want to buy and sell NFTs using OpenSea, this guide will provide step-by-step instructions.

How to Buy NFT

  1. Create an Account: Visit the OpenSea website and create a free account.
  2. Connect wallet: Connect to OpenSea using MetaMask or other supported crypto wallets.
  3. Browse NFTs: Explore OpenSea’s collection and use filters to filter by category, creator, or property.
  4. Choose an NFT: Once you find the NFT you’re interested in, click on it to see the details.
  5. Buy: Select a purchase option (e.g. Buy Now or Make a Bid).
  6. Confirm Transaction: View transaction details and confirm purchase. Your wallet will be asked to authorize the transaction.
  7. Receive NFT: After the transaction is confirmed, the NFT will be transferred to your wallet.

How to Sell NFT

  1. Choose an NFT: Select the NFT you want to sell and click "Sell".
  2. Set Price: Enter the price you wish to sell your NFT for. You can choose fixed price or auction.
  3. List NFT: Edit the details of the NFT (such as description and properties) and list it.
  4. Pending Transaction: Other users will be able to see your NFT and make purchases or bids.
  5. Sold Transactions: You will be notified when someone buys your NFT. Once the transaction is confirmed, you will receive payment.
  6. Transfer NFT: Once the payment is completed, the NFT will be transferred to the buyer’s wallet.

Tip

  • Before purchasing an NFT, do your research and understand the field.
  • Use a trusted wallet and keep your private keys safe.
  • Avoid impulse purchases and consider the value of an NFT before making a purchase or bid.
  • Be aware of transaction fees, such as the 2.5% transaction fee charged by OpenSea.
  • Be familiar with OpenSea’s terms and conditions and understand the possible risks.

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