How to buy and sell NFTs online safely

Need enhanced security while trading NFTs? You can use a VPN to browse the NFT marketplace with an anonymous identity. Keep your digital wallets safe from malicious activities, and connect to thousands of servers around the world.

What are NFTs? 

NFTs stand for non-fungible tokens. It means that they are digital assets that are certified and can be traded through block-chains based on crypto-currency.

With the rise in cryptocurrency owners, NFTs demand has also increased and people tend to buy and sell it more. The behavior of NFTs is usually that of generic assets, it is just that they are owned digitally and have no physical value.

People create and own NFTs to have a grip on the crypto speculative market. They find it the best way to invest when the cryptogram is increasing while trading for crypto-currency. NFTs also have a fan base, as many games and celebrity icons have their certified NFTs made for the fans to interact with and become one of them in a digital appearance.

How to use a VPN to buy and sell NFTs

1. Subscribe to a PureVPN plan that suits you.
2. Download the app for your device and connect to your desirable server.
3. Trade NFTs from the marketplace of your choice.

Why buy NFTs?

NFTs are the easiest and most reliable investment. They are hassle-free if you are a digital pro and love to invest in crypto. They offer less maintenance cost and are friendly in trade. NFTs can provide you:

Secured Ownership: NFTS are indivisible and can only be owned by a single owner. Therefore they give a secured ownership right to the creator which can only be transferred, through a system of a secured blockchain.

Originality: The duplication and replication of NFT are merely impossible because the metadata held by a blockchain is always updated to confirm the originality of NFT.

Trading transferability: Certain NTFS like in games can be further traded for better profit.

Long-Term Investment: NFTs have used the Blockchain with full potential and they tend to certainly rise. They are the best and most beneficial form of investment.

How to sell NFTs

The process is really simple, Here’s how:

1. List your NFT in a marketplace. You can list your NFT at any marketplace whether you mint it there or not.
2. Manage your listing and promote it on social media and other platforms.

Note: To sell any NFT it is not essential that you minted it, you can sell the previously purchased NFT too.

How to buy NFTs

To buy NFTs, first, you will need to set up an account on any exchange that trades cryptocurrency and then buy Ethereum if you do not have any. Then,

• Set up a digital wallet, like MetaMask and CoinBase where the purchased NFTs will be managed. 
• Choose a marketplace from where you will buy NFTs
• Finally, purchase the NFT with a better gas fee or auction transaction.

Note: The gas fee is the amount you have to pay while doing an Ethereum transaction.

Buy and Sell NFTs securely

PureVPN can maximize privacy and security while NFTs transactions.

Is NFT legal? 

NFTs do not hold any physical attributes and can come under property laws. This means that they are not as secure as tangible assets. The argument is still not decided about the legality of NFTs. As they are not considered securities they are legal. Till the time issue is not resolved, caution must be exercised while trading. Certified and authentic block-chains with secure digital wallets are the best way to keep your NFTs safe.

Is it safe to trade NFTs? 

Trading NFTs are usually safe because the blockchains track metadata from the time of NEFT creation. Some of the things that should be kept in mind while trading NFTs:

• Keep your digital wallet key safe and never share it with anyone.
• Try using a hardware key to save your seed phrase or passwords to avoid hacking
• Never open the unknown file while a transaction
• Never accept a free NFT from an untrusted source even if it is promotional

Is NFT a good investment? 

NFTs are considered a safe way to invest and good in terms of returns. With a rise in technologically backed investments and money, NFTs are a breakthrough. They are easy to invest in. They offer security backed by blockchain. The market is considered volatile though, but the aspect is considered safe with ease. 

Top NFT coins to buy 

The coins to buy depend upon the blockchain they have used and the prospect of the company investment. Here’s what you need to consider:

• Technology backed with personalized marketplace(Robotera has own marketplace, The Sandbox consumers)
• Aspect of business ownership(IMPT vision to improve world climate)
• Upgradation of users(Calvaria’s main focus is to upgrade user experience from web 2 to blockchain)
• Meme coin with NFT(Tamadoge has combined the idea of meme coins with NFT for better utility to the buyers)
• Financial coins with sci-fi (Unchartered is one of the best players in the market, the focus is merely to provide better financing opportunities with digital benefits)

Types of NFT marketplaces 

There are three types of NFT marketplaces:

Exclusive NFT Marketplace: These markets are created only for certain artwork or patented work which has high value.

General NFT Marketplace: All kinds of NFTs generally sold in this marketplace are the most popular with buyers.

Specific NFT Marketplace: Specific NFTs related to songs, items, dresses etcetera are offered here.

Top NFT marketplaces are:

• OpenSea
• Rarible
• SuperRare
• Foundation
• AtomicMarket
• BakerySwap
• KnownOrigin
• EnginMarketplace
• Portion

Why use PureVPN for buying and selling NFTs

To buy and sell NFTs you must have a digital wallet and cryptocurrency. Some of the exchanges have banned some countries from trading because they have reported data breaches and hacking attempts. PureVPN can help you access all marketplaces with robust encryption and security protocols. If your country is not allowing crypto transactions then, Don’t Panic! With a VPN, government officials, agencies and auditors won’t be able to drag you back. You will never fall for a crypto wallet scam.

Frequently Asked Questions

What can you sell as an NFT?

Any piece of art which is unique and can be kept digitally can be sold as NFT.

What’s the best app to buy and sell NFTs?

Exchanges like Binance and Coinbase have trusted sources for buying NFT. OpenSea, CryptoPunks, and Sorare are some apps to buy NFTs.

Is it safe to connect your crypto wallet to OpenSea?

OpenSea has a history of data breaches, so to connect your crypto wallet with it you can use PureVPN to ensure reliability.

Who can see your NFT?

People in the marketplace will be able to see your NFT.

Are NFTs private?

No, they are public and can be hacked. The wallets can also be exposed, therefore a VPN is there to help you keep your identity and wallet safe.

Can NFTs be hacked?

Yes, NFTs are usually hacked. A VPN can be used to protect NFT from being stolen.

How do I sell an NFT with a secure transaction?

Although NFTs are said to be secure when built there is always a chance of phishing or email hacking. To ensure that this does not happen, VPNs are used for better security. We recommend using PureVPN for these safe transactions.