In today's digital age, non-fungible tokens (NFTs) have become a hot topic in the digital art and asset trading market. Knowing how to buy and trade NFTs is crucial for both digital art collectors and investors. This article will delve into the purchase and trading of NFTs, providing you with a detailed guide and practical advice.

 Overview of NFTs

First, let's understand what NFTs are. NFT stands for non-fungible tokens, which are digital assets based on blockchain technology. Each NFT has unique properties that make it unique and irreplaceable in the digital world. This uniqueness makes NFTs widely used in art, music, games and other fields.

 How to Buy NFTs

Buying NFTs is not complicated, but it requires some basic steps. First, you need to choose an NFT trading platform, such as OpenSea, Rarible or Foundation. These platforms offer a variety of NFT works for you to choose from. Next, you need to create a digital wallet, such as MetaMask, to store your cryptocurrency and NFTs. After selecting and connecting your wallet, you can browse different NFT works and get your favorite works through bidding or direct purchase.

 NFT Trading Tips

When trading NFTs, some tips and precautions can help you trade better. First, make sure you understand the background and creator information of the work to ensure its authenticity and value. Second, pay attention to the fluctuations in the NFT market and choose the right time to trade to get a better price. In addition, it is recommended to pay more attention to social media and industry trends to get information about popular NFT projects as soon as possible.

 Future Outlook for NFTs

With the continuous application and development of NFTs in the fields of art, music, games, etc., its future prospects are highly anticipated. NFTs not only provide creators with a new way of creation and monetization, but also bring new opportunities for investors to trade digital assets. With the advancement of blockchain technology and the expansion of application scenarios, NFTs are expected to become an important part of the digital economy in the future.

 Conclusion

Buying and trading NFTs is not only an investment behavior, but also a recognition and support for culture and creativity in the digital age. By learning and participating in the NFT market, we can better understand the future development trend of digital assets, and also provide more possibilities for the creation of digital art and creators. Let us explore the wonderful world of NFTs together and feel the infinite possibilities brought by digital art!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

The full name of NFT is Non-Fungible
Tokens, which means non-fungible tokens in Chinese. I believe that everyone may be confused when seeing this concept, and do not understand what non-fungible tokens mean. In fact, to put it simply, NFT is an item in the blockchain. Because of its irreplaceable nature, it can more conveniently represent something unique and special, such as some famous paintings or the ownership of a piece of land. NFT can be said to provide everyone with a future trading method. Many investors still don’t know how to buy NFT? Let the editor of Coin Circle bring you a tutorial on buying and trading non-fungible tokens/NFTs.

 Tutorial on buying and trading non-fungible tokens/NFTs

There are currently 169 non-fungible tokens on the market, which is still a lot. Today, we will take the purchase of NFT coins as an example to show you how to buy and trade non-fungible tokens:

1\. Open the official website of OKX Exchange, click the [] button in the upper right corner of the page to enter the registration page, and enter the email address on the homepage.

2\. Slide the slider to the right to complete the puzzle for verification, and then enter the verification code received in the email. The verification code is valid for 10 minutes.

3. Then enter the mobile phone number and click "Verify Now"

4. Enter the six-digit verification code received on the mobile phone, which is also valid for 10 minutes

5. Select the country/region of residence, check the terms of service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

6. The password creation needs to meet the conditions of 8-32 characters, 1 lowercase letter, 1 uppercase letter, 1 number, 1 symbol, such as:! @  $ % and other conditions

7. After registration, click User Center-Identity Authentication to perform identity authentication

8. Log in to the OKX exchange account, click "Trading"-"Basic Trading" on the homepage to enter the trading page

9. Select the NFT/USDT trading pair to see the real-time NFT market

10. Fill in the NFT purchase quantity and click Buy. If you want to sell, fill in the NFT selling quantity and click Sell. Note: The minimum transaction quantity of NFT is 1000000NFT

 Does NFT have potential?

From February 4 to March 4, 2021, the trading volume of non-fungible tokens (NFTs) on the 12 largest platforms reached a record high of $480 million. In addition to representatives of the cryptocurrency industry, entrepreneurs, politicians and creative elites have also shown interest in the industry.

Among those who have attracted attention to NFTs are actress Lindsay Lohan, Vermont Senator Bernie
Sanders, the author of the "Nian Cat" meme animation, and Russian artists.

Tokenized tweets, GIFs, presidential portraits, and music albums can instantly raise millions of dollars at auction. On February 22, 2021 alone, users spent more than $64 million on NFTs, excluding expensive lots. Some copies, such as CryptoPunks, were sold for 90-400 ETH, while rare ones were sold for a record 4,200 ETH.

On March 11, 2021, Christie's UK auction house sold NFT artist Mike Winkelmann (pseudonym Beeple) for $69.3 million, the highest price in NFT history. In the second half of February 2021, the NBA TopShot NFT market with basketball-themed cards saw a significant increase in its user base - more than 45,000 users visited the platform from February 16 to 22.

OpenSea broke the 1,000-day record in February. On the busiest day, the third-largest market, CryptoPunks, recorded 350 users. The number of transactions is closely related to the number of users. On February 22, NBA TopShot recorded more than 500,000 transactions, OpenSea recorded 4,000, and CryptoPunks recorded 1,400. This shows the power of NFT, which is why NFT has become popular in the circle this year. In summary, this is the answer of the editor of Coin Circle to the question of how to buy NFT. I hope that this tutorial on buying and trading non-fungible tokens/NFTs by the editor of Coin Circle can help investors who are not familiar with digital currency transactions. The editor of Coin Circle reminds all investors here that the current popularity of the NFT economy is obvious. People are slowly beginning to realize the value potential of NFT assets. As ordinary investors, we can obtain income by purchasing NFT assets or lending NFT assets to borrowers who want to use NFT as collateral, but any method will have certain risks, so everyone should try it with caution.