Do you know how to buy NFT on Opensea?
If your answer is NO then look no further as we have got you covered.
Before we explain the process of purchasing NFT on Opensea, let’s take a look at the brief description of Opensea first.
Opensea is a popular US-based non-fungible token (NFT) marketplace, which was founded by Devin Finzer and Alex Atallah in 2017.
What makes Opensea quite popular in the US and across the world is that it lets you sell NFT at a fixed price or through auction based on Ethereum ERC-721.
In a span of merely five years, Opensea has become of the most popular NFT Marketplaces in the world.
As of January 2023, the company had been valued at $13.3 billion.
Without any further ado, let’s get started:
Buying NFT on Opensea
Purchasing NFT from Opensea is a bit complicated process.
However, if you follow the steps correctly, you will be able to buy NFT on Opensea.
Here’s how to buy NFT from Opensea:
First, you will have to select an Exchange — Coinbase, Kraken, Binance and others. (In this tutorial, we will use Coinbase).
Visit the official website of Coinbase.
Once you are on the site, Sign up and Create an account if you have not already.
Once Signed up, make sure to link Your Bank Account, Credit Card or Debit Card that you use to buy Cryptocurrency.
Once Linked, select Ethereum.
Once selected, enter the amount of money that you want to spend. When you do so, you will be shown the number of Ethereum you are going to get.
Once entered, click on the Buy Now button.
Now, open a search browser and download the Metamask extension if you have not already.
Once downloaded, open it on click on the Get Started button.
When you do so, you will be shown two options — Import Wallet and Create a Wallet.
Click on Create a Wallet if you don’t have one.
Open Metamask extension and go to Assets section and select ‘Ethereum’.
Head back to the Coinbase website Click on the Ethereum option and go to the Wallet section.
Now, open the Metamask extension and copy your Wallet Address, located below the Ethereum Mainnet option.
Once copied, go to Coinbase and paste the Wallet address to the To field.
Open Opensea.io and Click on your profile icon located at the top right corner of the screen.
When a bunch of options appears, click on the Account Settings.
Sign In to Opensea and connect it with Metamask.
Once connected, click on the Next and Connect buttons, respectively.
Now, click on the Sign button and enter your username, bio and Email address.
Once entered, go and select the NFT you want to buy.
Once selected, you will be shown the amount of Ethereum you want to spend.
If you have enough Ethereum, click on the Check Out button and you will have the selected NFT purchased.
That’s everything you need to know about how to buy NFT on Opensea.