How do you buy NFT tokens?

Asked 25-May-2022
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  • To buy The NFT Token, you'll need a self-custody wallet like Coinbase Wallet. A mobile app and a browser plugin are also available for Coinbase Wallet. Here's where you can get Coinbase Wallet.
  • You'll need to choose a username as part of the Coinbase Wallet setup process. This username makes it simple for other Coinbase Wallet users to transfer you cryptocurrency. You can keep your username private if you want, but you'll need it to log in.
  • You'll be issued a recovery phrase made up of 12 random words when you establish a new self-custody wallet. The recovery phrase is the key to your crypto, which means that anyone who knows it has access to it. Do not tell anyone your recovery phrase.
  • Fees are determined by the amount of traffic on the network, the complexity of the transaction, and how quickly you want the transaction to be completed. Make a provision for fees in your budget. To buy Ethereum, you'll need to open a Coinbase account if you don't already have one (ETH). Depending on whether you're using the mobile app or the Chrome extension, the manner you send ETH to your Coinbase Wallet differs.
  • If you have Coinbase Wallet installed on your phone, you may buy The NFT Token directly from the app. Select the Coinbase Wallet App image. Then go to the 'Trade' tab, where you may exchange ETH for any Ethereum-based token (also known as 'ERC-20 tokens'). Select The NFT Token from the 'choose coin' menu. Enter the amount of Ethereum you want to trade for The NFT Token. Don't forget to budget for transaction fees. Confirm your purchase and complete the process by following the on-screen instructions.


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