How to Buy and Sell NFT for Beginner

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  • čas přidán 14. 03. 2021
  • How to buy and sell NFT for beginner
    NFT or non-fungible tokens are a trend that took off in 2021 for buying and selling digital assets using blockchain.
    Anyone can browse marketplaces that sell NFTs. NFTs included digital assets, digital collectibles, jpegs, songs, videos, and anything else that can be created digitally.
    One of the largest NFT marketplaces for buying and selling NFTs is called OpenSea.
    opensea.io/
    In order to buy or sell NFTs, you’ll need a digital wallet and you need cryptocurrency. The most popular method of payment in cryptocurrency is Etherium.
    OpenSea helps you create a wallet using Metamask and you can then add Etherium or ether to that wallet.
    There is a transaction fee associated with buying ethereum or another cryptocurrency.
    Once you have crypto in your wallet, you can buy NFT on the marketplace.
    In order to sell NFT, you still need a digital wallet. Listings on OpenSea are free, but it does require a fee called Gas for creating a listing.
    Gas is the initial cost of using the Blockchain to sell items and create a storefront.
    There is a 2.5% commission fee as well when a sale is complete on OpenSea.
    Open sea is not the only marketplace for buying and selling NFTs but others have similar rules and fees associated with them.
    Thank you for watching How to Buy and Sell NFT for Beginner! Please share and subscribe for more, easy to follow social media and tech videos.
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Komentáře • 332

  • @johnholme783
    @johnholme783 Před 3 lety +130

    Just the right level for a complete beginner without being patronising. First port of call for the NFT novice!

  • @donotenter4842
    @donotenter4842 Před 3 lety +432

    This is the 18th nft video I’ve seen and this is the only one that made it super easiy to understand. Kudos to your channel-

  • @PenelopeConstantinouArt
    @PenelopeConstantinouArt Před 3 lety +24

    Best and simplest explanation indeed! Thank you

  • @ilyMyr
    @ilyMyr Před 2 lety +42

    Thank you sm for not making this complicated what so ever!❤️

  • @ImoleMedia
    @ImoleMedia Před 2 lety +21

    You are so concise in your explanation. Thanks in a bunch. I have already subscribed to your channel

  • @16views
    @16views Před 3 lety +7

    Thank u sm for making this vid!!

  • @jayakumarramachandran733
    @jayakumarramachandran733 Před 3 lety +8

    You are doing a great service. Keep doing and you will be hugely successful. Very clear explanation. Thanks. Jay, Singapore

  • @matexhdchannel4193
    @matexhdchannel4193 Před 2 lety +2

    Thank you for simplicity!

  • @barouvictoria9787
    @barouvictoria9787 Před 2 lety +2

    That’s the perfect video I was looking for as a beginner. (I saw a hundred interesting ones but not adapted to beginners actually)

  • @kaysolovely1
    @kaysolovely1 Před 2 lety +1

    Thank you for this explanation! I can't wait to get started.

  • @sdptrip
    @sdptrip Před 2 lety +1

    Easy guide to follow🙏thank you so much!!!

  • @LengmanLez
    @LengmanLez Před 2 lety +1

    Brilliant explanation mate. Defo subscribing.

  • @eden8115
    @eden8115 Před 2 lety +1

    Thank you!!!!!much Love and God bless you brother.

  • @angelaikogho2742
    @angelaikogho2742 Před 2 lety +2

    You are such a great teacher. Thanks for sharing

  • @THESOCIALMAXIMUS
    @THESOCIALMAXIMUS Před 2 lety +2

    This was awesome...Very helpful!

  • @midihoucham454
    @midihoucham454 Před 3 lety +2

    Best explanation ever , thanks

  • @jeremiahfunke4801
    @jeremiahfunke4801 Před 2 lety +3

    Zero dislikes for a reason. Great vid

  • @abdesamad6616
    @abdesamad6616 Před 2 lety

    thank you so much for your amazing video ❤️

  • @tarikettour2547
    @tarikettour2547 Před 2 lety

    Great Video, thank you dude!

  • @g.cascella2580
    @g.cascella2580 Před 3 lety +30

    grear explanation! Would be awesome to have a chart with the gas price rates of the most popular selling websites and more insights on how to create wallets, transfer amounts, and connect them all together. In a rabbit hole now, might just find out more about it ! lol

    • @Howfinity
      @Howfinity  Před 3 lety +5

      Yea I’m getting into more now. Just wanted to make a quick intro video and point out some of the things I found confusing. Lot of learn

    • @reeceday8945
      @reeceday8945 Před 2 lety +2

      Maybe we should put our minds together… we could be onto something here ?

    • @donnel2305
      @donnel2305 Před 2 lety +1

      BETA

  • @Free2PlayBS
    @Free2PlayBS Před 2 lety +2

    I love this because it's very simple and understandable👍

  • @justinpbrochu
    @justinpbrochu Před 2 lety +3

    I’m no longer confused, thank you!

    • @ramsey576
      @ramsey576 Před 2 lety

      Is he basically saying to purchase I'd need ETH but to sell I'd only need to pay a gas fee?

  • @onehandassassin8452
    @onehandassassin8452 Před 2 lety +1

    Subbed! Great video

  • @laboratoriodigestivo
    @laboratoriodigestivo Před 3 lety +2

    thank you !! this is the new form to buy art !! love it !!

  • @slickszn4071
    @slickszn4071 Před 2 lety +1

    This video Clearly explains in detail I love now me and my friends are finna get into NFTs

  • @codyjames1463
    @codyjames1463 Před 2 lety +1

    thankyou for this very helpful video!

  • @justenjoying5147
    @justenjoying5147 Před 2 lety +2

    Thank you for making this so simple.

  • @mich-ele137
    @mich-ele137 Před 2 lety

    Thank u so much u explained it perfectly

  • @aldisilvia
    @aldisilvia Před 2 lety +1

    Hello thank you so much for your video. Question the gas fee is only one time? or you have to pay anytime you created and NFT?

  • @maxjukr
    @maxjukr Před 2 lety +1

    extremely useful video thanks!!

  • @tsgogol3583
    @tsgogol3583 Před 2 lety +1

    In opening the opensea account how much do you need you think to put in as a start?

  • @PMC2oo9
    @PMC2oo9 Před 2 lety +1

    Gd video easy to follow

  • @Beneluxsupercars
    @Beneluxsupercars Před 3 lety +3

    so if i understand i can put up my foto's of exclusive cars up for sale ?

  • @filiptrisic9858
    @filiptrisic9858 Před 2 lety +1

    Do I have to pay for gas only ones or every time I want to sell/buy something?

  • @Mario-gr7vs
    @Mario-gr7vs Před 2 lety +6

    thanks I didn't know where to screenshot nfts thanks a lot

  • @lesleyuzoma244
    @lesleyuzoma244 Před rokem

    Just what I needed!

  • @ImranAhmed-ji8ey
    @ImranAhmed-ji8ey Před 2 lety +1

    this video is very important,,,,
    nice video,,❤️

  • @nurnannu4728
    @nurnannu4728 Před 2 lety +2

    This was vedio very helpful 💞

  • @socryptonice
    @socryptonice Před 2 lety +1

    Great video! Thanks

  • @adambromley6972
    @adambromley6972 Před 2 lety +1

    Do you have to buy gas everytime you sell or every month? Or is just once ever and then never have to buy again?

  • @BDB-ji1ui
    @BDB-ji1ui Před 2 lety +4

    Hey man, thanks so much for this video. You saved me a lot of headaches regarding NFT. I have been watching many Channel to learn how to buy NFT. I must say, you’re the only one that made sense. Well done!

  • @aljazkelc7542
    @aljazkelc7542 Před 2 lety +4

    Do you have to pay GAS for every NFT you create?

  • @paullhenriquee
    @paullhenriquee Před 2 lety +1

    The best video ever, I watched a lot of videos, but couldn’t understand any of them. Your was simple and directly to the point. Thanks!

  • @santoshkulve8250
    @santoshkulve8250 Před 2 lety +1

    Excellent bro👍⚘

  • @ninja1023
    @ninja1023 Před 2 lety

    my letft ear really enjoyed this

  • @agidahgodstime4081
    @agidahgodstime4081 Před rokem

    Thank you very much for this but I have a question
    This gas fee,it's a one time purchase, yes? I don't have to ever pay for it again?

  • @HarryC786
    @HarryC786 Před 2 lety +1

    Awesome thanks

  • @hassanyay5163
    @hassanyay5163 Před 2 lety +1

    How do you connect Coinbase I didn’t see Coinbase as one of the wallets

  • @minatonamikaze7983
    @minatonamikaze7983 Před 2 lety +2

    I have one question like how you identify the real owner . For example I download one image from Google and sell it saying I made the art .so how will it know that I am the real owner of that art

  • @MorrisDXplorer
    @MorrisDXplorer Před 3 lety +1

    thanks for this info

  • @johnbrown8390
    @johnbrown8390 Před 2 lety +1

    Believe I've been trying to understand this for a year now and I think I just grasp the concept

  • @MASSDECEPTIONTV
    @MASSDECEPTIONTV Před 2 lety +2

    Brutal, once I buy the NFT I own it's copyright for sharing, publishihg?

  • @healingsounds5380
    @healingsounds5380 Před 2 lety

    Thank you, it all make sense especially to Ethereum

  • @ScorpionSuerte
    @ScorpionSuerte Před 2 lety +1

    Do you pay a gas fee to register AND to list?

  • @elira9327
    @elira9327 Před 2 lety +2

    So what is smart contract? Should I need it for my polygon nft collection?

  • @lamichoacana222
    @lamichoacana222 Před 2 lety

    Helpful 👍👍

  • @techproduction1271
    @techproduction1271 Před 2 lety +2

    I think this is a best explanation for bignners and hoped that this is helpful👍
    Thanks;
    Shoaib

    • @ramsey576
      @ramsey576 Před 2 lety

      Is he basically saying to purchase I'd need ETH but to sell I'd only need to pay a gas fee? If so I find it easier and less costly for the artist than the buyer

  • @TheCruzBase
    @TheCruzBase Před 2 lety +1

    I don’t get the buy it now option just share option please help 🙏🏾

  • @surgem6089
    @surgem6089 Před 2 lety

    Subscribed!!

  • @PMC2oo9
    @PMC2oo9 Před 2 lety +1

    So when you put up pic etc for sale when and how does money go to you or your bank

  • @YasinNabi
    @YasinNabi Před 2 lety +1

    Well explained sir ,

  • @english4workwithmags103

    Great thanx for your film. I have started to gather info about it to comprehend more and ... stadt using it in practice. I have 2 questions:
    1. Gas is one time fee. So ..
    does it mean that once I buy it I can start selling a few digital assets (I mean as many assets as I want)?
    2. Let's say I will have my digital wallet at Coinbase..Does it mean that if I want to buy something at OpenSea I just need to transfer the Ethereum from Coinbsae Wallet to the Wallet connected to OpenSea (that's why you say about importing the wallet to Meramask in this film. Am I right?)

  • @alirezaheydarian3439
    @alirezaheydarian3439 Před 2 lety

    very very vey great

  • @miriamalbaromano7938
    @miriamalbaromano7938 Před 2 lety +12

    I am an established artist but in the physical world. I am 76 years old so I’m not good with technology. I create oil paintings and sell them to collectors in that world. A week ago, my agent filmed me burning one of my paintings. He is working on my first NFT and I wanted to know if you know how artists can protect themselves in this world. We haven’t released it yet and I have my reservations because I know nothing about this world. I was recently put in social media as well. It’s all exciting but also daunting.

    • @gabrieargueta
      @gabrieargueta Před 2 lety +2

      I hope everything goes well with your nft's.

    • @shrinivasmutalik7067
      @shrinivasmutalik7067 Před 2 lety

      Hi Miriam Alba Romano,
      Kindly digitize your paintings with your digital signature and patent them in yours,otherwise there is a very bleak chance of getting it protected.This is my pov.Kindly correct me if am wrong.

  • @DJMARKEYG
    @DJMARKEYG Před 3 lety +1

    Thanks again fir showing this video
    But how do I contact u for more help with this

  • @goldenchild_chosenone
    @goldenchild_chosenone Před 3 lety +33

    FINALLY!!! a video that ACTUALLY EXPLAINS HOW TO start NFTs!!!!! 😅 SO GLAD to have found it!! (Referred by Henbu).. Would be LOST without THIS video!!!!!!!! 💯💯💯💯💯 made it really EASY! thank you!!! 🤗

    • @shotbyarian
      @shotbyarian Před 3 lety

      have you sold anything yet?

    • @-Chruthik
      @-Chruthik Před 3 lety

      did u trade anything

    • @piyushraghav5293
      @piyushraghav5293 Před 2 lety

      Finally!!! A video that actually explains how to start Nfts!!!😃 so glad to have found it!!(referred by henbu)...would be Lost without this video!!!!

    • @donnel2305
      @donnel2305 Před 2 lety

      BETA

  • @piyushraghav5293
    @piyushraghav5293 Před 2 lety +2

    Good explanation sir!! I feel very good before seeing your video😊

  • @godwaleedyt3224
    @godwaleedyt3224 Před 2 lety

    Nice

  • @g662dot
    @g662dot Před 2 lety

    Can I do this on my phone or has to be computer because I don’t see but buttons on my phone. Am I missing something?

  • @Mohammad-un6dh
    @Mohammad-un6dh Před 2 lety

    How do I be prepared to buy take offs album nft thingo on 6th December

  • @CraftyDex
    @CraftyDex Před 2 lety

    I want to buy one but is it Canada currency or usd currency

  • @salarupdates9944
    @salarupdates9944 Před 2 lety

    Ima screen shot that thumbnail

  • @microtweaks6271
    @microtweaks6271 Před 3 lety

    What about opensea affiliate program, any idea how this works?

  • @angela.1543
    @angela.1543 Před 2 lety

    how do i connect my coinspot wallet that has eth to opensea?

  • @kryptoguru
    @kryptoguru Před rokem

    Hello, I would like to ask if we can use your video to share our project on how to buy NFT. Instructions for our NFT project? Thank you for your reply

  • @camedeiros100
    @camedeiros100 Před 3 lety +2

    Nice video. I have an account with Coinbase Pro. How do I connect that account to buy NFT please

  • @altafahmad4301
    @altafahmad4301 Před 2 lety

    Bro i sold out my nft in x world games but how to get that payment in bnb

  • @rowanredfern7276
    @rowanredfern7276 Před 2 lety +1

    Do you need to be 18 to buy an nft or is there no age restriction

  • @duduxrma7589
    @duduxrma7589 Před 2 lety +1

    Thnk u

  • @pponcho8245
    @pponcho8245 Před 2 lety +1

    I will jump to NFTS when I'm able to buy movies. I miss the days when DVDs were king and I was able to buy them and sell the ones I didn't want anymore

  • @carolinaboniche3708
    @carolinaboniche3708 Před 2 lety

    what's the best wallet you recommend to use for beginners....

  • @sergeantmonke293
    @sergeantmonke293 Před 2 lety

    Ima screen shot it

  • @babysaidim4PFrr
    @babysaidim4PFrr Před 2 lety +3

    I have question, is the gas fee a 1 time purchase? Or do you pay every time you list item to sell?

  • @upcycledwear
    @upcycledwear Před 2 lety +2

    Now I understand! Thank YOU! But I am still confused.. They are getting a digital product. They are not getting the ORIGINAL product. So why pay so much money for it??? It is a piece of paper they print it out and hang it on the wall. Right???

  • @thutrangnguyen9628
    @thutrangnguyen9628 Před rokem

    Do you think about NFT GameFi? I'm investing in DeFi Warrior and I can see it for a long time and this project moves to metaverse soon.

  • @yungsimba6155
    @yungsimba6155 Před 2 lety +1

    Can i make the currency AUD instead of USD

  • @donovanjames6630
    @donovanjames6630 Před 2 lety

    So I could go on google images save an image and sell it on nft for whatever price I decide?

  • @ashleydekroon6472
    @ashleydekroon6472 Před 3 lety

    Can you sell if you’re under 18?

  • @eraxk
    @eraxk Před 2 lety

    Mine says copy link on mobile… how do I get the buy now?

  • @waynea82
    @waynea82 Před 2 lety +1

    Is the Gas fee once off meaning I could create and auction off 10+ NFT’s or is it required before every NFT is created?

    • @kwes2i
      @kwes2i Před 2 lety

      You pay gas fees each time you list an NFT

  • @armystan
    @armystan Před rokem

    did you try selling it on upstair?

  • @margon5709
    @margon5709 Před 2 lety +1

    Can you use Binance ??

  • @amandaoes1
    @amandaoes1 Před 3 lety +16

    I have a question: To resell a crypto art I bought, do I need to pay a fee? I mean, the art is already minted, so I would only pay a fee in case of sale, right?

  • @jadhassan8735
    @jadhassan8735 Před 2 lety +2

    Is the gas fee a one time fee or on each time u list an item u have to pay for gas

  • @organicsab
    @organicsab Před 2 lety +5

    I just have one question. When you buy an NFT how do you get it? Just want to know before I look into buying or selling. Thank you!

    • @naivesundari
      @naivesundari Před 2 lety +5

      from what i have understood it gets transferred to your wallet and sits there

    • @Taccobell447
      @Taccobell447 Před 2 lety

      @@naivesundari how woul i make money if im the one buying?

    • @naivesundari
      @naivesundari Před 2 lety

      @@Taccobell447 u sell it , stake it , rent it , many options there ! Mostly ppl buy low and sell high and make profits

  • @michaelthompson1866
    @michaelthompson1866 Před 2 lety

    How can I sell someone else’s art that’s where I’m confused

  • @Str1kerth
    @Str1kerth Před 2 lety +4

    Just one question is that do we have to pay for the gas every time we sell or its just one time payment.
    Do tell 👍

    • @Howfinity
      @Howfinity  Před 2 lety

      I’m pretty sure it’s every time, like a transaction fee

    • @a_gengoo9645
      @a_gengoo9645 Před 2 lety

      Nah its a one time fee, once you pay you dont have to pay again

    • @gilanggilang9859
      @gilanggilang9859 Před 2 lety +2

      @@a_gengoo9645 can u give prove?

  • @91jotta
    @91jotta Před 2 lety

    Better way to wash corrupt money. Dope.

  • @unclesam7961
    @unclesam7961 Před 2 lety

    Thank you, how can I make money from NFT?and also why should i by this drawings? For what i need them?

  • @beu2543
    @beu2543 Před 2 lety

    Can I only use Etherium to buy NFTs?