The Small Business Experience

How To Buy NFTs for Beginners (5 Easy Steps)


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In the return of short form episodes, Dan & Ian give you a guide to purchasing NFTs.

Step 1: Purchase Ethereum 
Step 2: Set up an ERC compatible crypto wallet. We suggest using MetaMask, it is the best and most popular option
Step 3: Secure your Seed Phrase. A seed phrase is a unique set of 12 words. This is unique to you and you should never share it. Store your seed phrase somewhere securely.
Step 4: Copy your Ethereum address from your Metamask account. It will begin with a 0x and be followed by 40 characters. Send Your ETH from Coinbase to Metamask.
Step 5: From Metamask browse to opensea.io or other NFT marketplaces to connect your wallet and purchase. 

Words of Caution: Only buy with money you can afford to lose, spend hours educating yourself and be aware there are a lot of bad projects. Spend time in discords learning about the project and their build strong communities. 

Want to shop at small businesses? https://www.shopsbe.co

Thank you for joining us on this episode. Please like, subscribe and write a review for the podcast if you enjoyed this. We will see you next WEDNESDAY!!!

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The Small Business ExperienceBy With Dan & Ian