๐ธHow to Buy
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How to buy an NFT
Once youโve found an NFT you like, how do you actually purchase it? There are three main ways to buy an NFT using GreenArt Coin: โbuy now,โ auctions, and offers.
Buy now
NFTs listed to โbuy nowโ are listed at a set price. They can be purchased any time during the sale period and without any additional involvement from the seller. This is the simplest method, and is a lot like buying on other e-commerce websites.
Auctions
When an NFT is up for auction, potential buyers can bid on the item. The NFT will either go to the highest bidder, or the seller can choose to accept any offer during the auction.
Offers
You can make an offer on any item using GreenArt Coin, even if itโs not listed for sale. You can also make an offer on a listed item, if you want to offer less than its listed sale price.
The purchase process: A step-by-step guide
Letโs walk through how to buy an NFT
1. As we discussed above, there are multiple ways to buy an NFT. For this example, weโll buy an NFT thatโs listed for sale by clicking the โBuy nowโ button.
2. Connect your crypto wallet
If you havenโt already connected and set up your crypto wallet, youโll be prompted to do so during this step.
3. Choose your payment method
Next, youโll be prompted to choose if youโd like to pay with crypto or with a card. For this example, weโll use a card. If you want to buy using crypto, youโll need to load your wallet with cryptocurrency.
4. Review fees
You may notice that your total is higher than the listed price for that NFT. This is due to network (โgasโ) fees and, if youโre paying with a card, processing fees. The gas fee occurs on all transactions on the blockchain and the amount varies based on a variety of factors, such as how many people are using the network at that moment. GreenArt Coin does not receive these fees.
5. Enter your payment information
Follow the prompts and enter your information to complete your purchase. If this is your first time purchasing with a card you may be asked to verify your identity.
6. Your purchase is complete
Once youโve entered all your necessary information and clicked โPayโ, your NFT purchase is officially complete and has been written to the blockchain. Congratulations on your NFT purchase!
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