How to easily get started with Bitcoin NFT purchases?

In the wave of digital assets, Bitcoin NFT (Non-Fungible Token) has gradually become a hot topic. For many novices, how to buy Bitcoin NFT may sound like a complicated and unfamiliar task. However, with the continuous development of blockchain technology, especially the rise of NFT on the Bitcoin network, more and more people are beginning to pay attention to this emerging market. This article will provide you with a detailed entry-level tutorial to help you easily master the purchase process of Bitcoin NFT and unlock a new world of digital art and collectibles.

First, let's understand what Bitcoin NFT is. NFT is a digital asset based on blockchain technology that represents a unique item or work. Unlike traditional cryptocurrencies such as Bitcoin, NFT is not interchangeable, and each NFT has its own unique properties and value. Bitcoin NFT refers to NFT issued on the Bitcoin network. Although other blockchain platforms such as Ethereum have dominated the NFT field, Bitcoin NFT is gradually gaining attention, especially in the digital art and virtual collectibles market.

So how do you get started buying Bitcoin NFTs? The process can be broken down into a few simple steps, which we’ll walk through one by one.

First, you need a Bitcoin wallet. A Bitcoin wallet is a tool for storing, receiving, and sending Bitcoins. There are a variety of wallets available on the market, including hot wallets (online wallets) and cold wallets (offline wallets). If you are a beginner, it is recommended to choose a user-friendly hot wallet, such as Coinbase or Blockchain.com. These platforms provide simple and clear interfaces suitable for users who are new to Bitcoin.

After creating a wallet, you need to buy Bitcoin. There are many ways to get Bitcoin, and the most common way is to buy it through an exchange. Many well-known exchanges such as Binance, Coinbase, Kraken, etc. allow users to buy Bitcoin with legal currency (such as US dollars, RMB, etc.). When buying, you only need to register an account, complete identity verification, select the appropriate payment method, and enter the purchase amount. Please be aware that exchanges usually charge a certain fee, so it is recommended to understand it clearly before purchasing.

Once you have Bitcoin, you can start looking for Bitcoin NFT markets. The Bitcoin NFT market is still developing compared to the Ethereum NFT market, but there are already some platforms worth paying attention to. For example, Raretoshi and Mintable are both platforms that focus on Bitcoin NFTs. On these platforms, you can browse a variety of NFTs available for purchase, including digital art, game assets, and virtual collectibles.

When choosing NFTs, it is recommended that you pay attention to the creator of the work and the story behind it. Many successful NFT projects have unique creative backgrounds, which not only increases the value of the work, but also makes you feel more at ease when purchasing. When browsing NFTs, check the transaction history, selling price, and holder information of the work, which can help you make wise purchasing decisions.

When buying an NFT, you need to transfer Bitcoin from your wallet to the NFT marketplace. The process may vary from platform to platform, but generally speaking, you just need to select the NFT you want to buy on the platform, click the "Buy" button, and follow the prompts to complete the Bitcoin transfer. During this process, make sure you enter the correct Bitcoin address, because once the transfer is completed, the funds cannot be recovered.

Of course, buying NFTs is not as simple as trading. After owning NFTs, you can choose to keep them as a collection or resell them in the subsequent market. In this process, it is very important to understand market dynamics and trend changes. Regularly pay attention to relevant social media and forums to understand which works are popular and which artists are emerging. This information can help you better seize opportunities in the NFT market.

In addition to the above purchase steps, it is also very important to understand the legal and tax issues of NFT. Although the current laws and regulations on NFT are not yet fully clarified, in some countries and regions, NFT transactions may involve tax issues. Therefore, when purchasing and reselling, it is recommended to consult professionals to ensure that your transactions comply with local laws and regulations.

During this process, it is important to stay sensitive to the market. The NFT market is highly volatile, and the value of certain works may change significantly in a short period of time. Therefore, it is recommended to conduct sufficient market research before purchasing to understand the history and potential value of the work. If you have a special liking for a certain work, you may consider contacting the creator directly to explore more purchasing and investment opportunities.

Finally, enjoying the process is the most important thing. Bitcoin NFT is not only an investment tool, but also a part of digital art and culture. During the purchase process, exploring different art styles, cultural backgrounds and creative concepts will allow you to gain more fun and inspiration in this journey.

In general, buying Bitcoin NFT is not complicated. As long as you master the basic steps and precautions, you can smoothly enter this market full of potential. Whether you are a digital art lover or an investor, you can find your place in the world of Bitcoin NFT. Through continuous learning and exploration, you will be able to better understand this emerging field and seize future opportunities.

I hope this tutorial can provide you with valuable information and help you move forward smoothly in your Bitcoin NFT purchase journey. In this rapidly developing digital age, seize the opportunity and try it bravely, maybe you will become the next pioneer in the NFT field.

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 Bitcoin NFT ecosystem is a hot project this year. Ordinals, created by software engineer Casey Rodarmor on the Bitcoin blockchain,
The NFT protocol has sparked heated discussions since its official debut. This protocol allows users to create unique NFTs on Satoshi (SAT), the smallest unit of Bitcoin, and has attracted enthusiastic attention from investors. There is no concept of smart contracts on the Bitcoin blockchain, and Bitcoin NFTs can only be classified into groups by relying on centralization or consensus mechanisms. Many investors who have just learned about it do not know how to buy Bitcoin NFTs. Next, the editor of Coin Circle will introduce this entry-level tutorial on buying Bitcoin NFTs in detail.
 How to buy Bitcoin NFT?
The tutorial for purchasing Bitcoin NFT is different from the tutorial for purchasing cryptocurrencies. The following is a tutorial for purchasing BRO20 as an example:
1. Use Google Chrome to access the UniSat website and click on -Wallet
2. Click Download to download from the Google Store
3. Click Get to download the Unisat wallet plug-in
4. Click the unisat Wallet icon in the upper right corner of the browser
5. Click Create new wallet to create a wallet. After backing up the mnemonic, click Continue.
6. Select the address starting with bc1 and click Continue
7. Then you can see your wallet address (starting with bc1) in the upper right corner of the wallet to buy BTC, and then withdraw BTC to your brc1 address (select BTC-
Bitcoin network), click the red box to automatically copy the address, then paste it into OKX, and then wait for BTC to arrive.
8. Go to Unisat.io, refresh the webpage, and then click connect in the upper right corner to connect your wallet
10. Click on marketplace
11. When you enter the Marketplace for the first time, you will be prompted that you need to have 20 points or hold an OG card to open the trading permission (this condition may be cancelled in a few days). At this stage, newcomers do not have OG cards and points. What should I do? Don't worry, read the transaction process first. Step 3 will introduce how to earn points. You can buy BRO20 tokens on the exchange. Currently, BRO20 has been listed on the exchange, namely ordi coin
 Bitcoin NFT projects worth paying attention to
Currently, Bitcoin NFT projects worth paying attention to include Ordinal Punks, Bitcoin
Punks and OnChainMonkey, let the editor of Coin Circle take you to learn about the above projects.
1. Ordinal Punks
Ordinals
Punks was launched on the Bitcoin blockchain in late January 2023 and is perhaps one of the most watched NFT projects on the Bitcoin chain. It consists of 100 pixel avatars that have been inscribed and traded on the Bitcoin blockchain through the Ordinals protocol. However, unlike some of the Punks clones seen in the past, Ordinals
Punks is not a direct copy of the original CryptoPunks series.
The cryptocurrency community believes that Ordinal Punks is based on a cryptocurrency called Mutant
Punks’ derivative Ethereum collection — in other words, it’s a derivative of a derivative, but sources with ties to the project revealed that the open source algorithm used by Ordinal Punks is actually the same as CCo
The Punk sprite is similar, and new Punks are generated based on this algorithm.
On February 8, an Ordinal Punk scored 9.5
The price of BTC was sold at $215,000, which is twice the floor price of CryptoPunk (the current floor price of CryptoPunks is 64
ETH, about $106,000). On the same day, anonymous NFT investor dingaling said he had purchased 7 Ordinals for 15.2 BTC.
Punks, the price is about $349,000. Of course, the Original
There is still a big gap between Punk and the industry's top CryptoPunk. After all, CryptoPunk 5822 once set a sky-high price of 8,000 ETH (about 23.7 million US dollars).
2. Bitcoin Punks
On February 9, the NFT project Bitcoin Punks based on the Bitcoin mainnet Ordinals protocol has completed the minting of 10,000. According to the official introduction, Bitcoin
Punks is the first project to successfully upload the original Ethereum CryptoPunks to the Bitcoin blockchain using Ordinals, and all assets have been minted by collectors for free. According to its development team, they are checking the hash of each image uploaded to Ordinals and comparing it to the original 10,000 CryptoPunks.
The link to Bitcoin Punks must be the first occurrence of the inscription, which must also contain the corresponding hash value on the Ordinals protocol.
It is reported that Bitcoin
Punks cost about $25 to mint, but there is no OTC transaction yet. It is reported that after the minting transaction is completed, the secondary market price of the NFT will reach more than 1 Bitcoin, which is 100 times the cost price. However, it is not clear whether Bitcoin
It is unclear how much trading demand there is for the Punks series, and whether minting will be expanded in the future. Moderators on the project's official Discord server also warned holders to "trade with caution" until the code audit is completed.
3. OnChainMonkey
NFT project OnChainMonkey has also joined the Ordinals protocol and started inscription casting on the Bitcoin blockchain. Currently, all of its 10,000 NFT collections have been put on the chain, plus the previous 10,000 CryptoPunks copies of Bitcoin
Punks have also been minted on the Bitcoin blockchain, pushing the Ordinals protocol NFT minting volume to over 20,000 on February 9th.
OnChainMonkey is an NFT series launched by Metagood, a new NFT startup, which aims to give community members the opportunity to promote and fund social welfare projects through its DAO. In December last year, the company completed a $5 million Pre-seed round of financing.
Brands, Morgan Creek Capital founder and CEO Mark Yusko and Virgin Group investment manager Freddie
Andrewes and others participated in the investment.
All the above content is a tutorial answer to the question of how to buy Bitcoin NFT. Due to its non-homogeneous and indivisible characteristics, NFT can be bound to some commodities in the real world. In other words, it is actually a digital asset issued on the blockchain. This asset can be a game prop, digital artwork, ticket, etc., and it is unique and non-replicable. Because Bitcoin NFT has natural collection attributes and is easy to trade, crypto artists can use NFT to create unique digital artworks.