What are NFTs? Are NFTs good investments? How to buy NFTs? These are questions that most people are asking themselves. This video will be a step by step guide on buying and selling NFTs on Pancakeswap NFT marketplace
Timestamps
0:00 intro
0:13 How to connect wallet on pancakeswap
1:12 Pancakewap nft overview
2:28 How to fund your wallet with BNB
3:47 How to buy NFTs on pancakeswap
5:48 How to sell NFTs on pancakeswap
7:10 Closing
After watching this video you should be able to buy and sell NFTs on Pancakeswap and potentially make some money.
To buy and sell NFTs on pancakeswap you will need BNB you can buy it here [ Ссылка ]
If you are just getting started and don’t yet have a good understanding of what are NFTs and how do they work, check out my YouTube playlist on NFTs NFTshttps://www.youtube.com/playlist?list=PLBhYGG8lL2TCFOBGttinQ_e7oYWFQCDS8
Here is a playlist that will help you buy your BNB as that is the cryptocurrency you will need to buy NFTs on pancakeswap and also paying for gas fees [ Ссылка ]
What’s the hype around NFTs?
It seems as if NFTs is what everyone is talking about recently and people don’t understand why would a JPEG cost millions of dollars
NFTs are not new, back in 2017 NFTs called crypto kitties broke the internet for congestion on the Ethereum blockchain but the hype was not as big as it’s today.
What is an NFT? An NFT is a nonfungible token, this can include digital artwork, music, video, virtual land, and more. They are published on the blockchain like Ethereum, Binance smart chain, Solana, Cardano, Polkadot, etc.
The process of publication of these digital assets is called minting, as much as these NFTs can be so expensive, minting NFTs costs almost nothing depending on the blockchain you are using. The Ethereum blockchain is however known for high gas fees when buying and selling NFTs this includes when minting NFTs as well.
Are NFTs over-hyped?
I believe this is an amazing space for digital artists to make money, when it comes to the subject of the price for these NFTs I believe it comes down to the buyer and how much is too much and how much they are willing to spend buying NFTs
What are the next big NFTs?
This is perhaps a great time to mention that I have been and I am still in the process of designing my own NFT collection. Members of the channel will also stand a chance of winning themselves some of my NFT collection.
#NFTs #NFTsToBuyNow #NftsForSale
