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How to trade nft

PHPz
Release: 2024-07-17 15:07:56
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NFT transactions involve transferring NFT ownership on specialized platforms, including OpenSea, Rarible, SuperRare, and Nifty Gateway, among others. The trading steps include: selecting a platform, creating an account, adding NFT, pricing, buying and selling, and settling the transaction. NFT transactions typically require payment of transaction fees, platform fees, and gas fees (transaction fees on the Ethereum network).

How to trade nft

NFT Trading Guide

What is NFT trading?

NFT (Non-Fungible Token) is a unique digital asset that represents proof of ownership of a specific item. NFT transactions involve the transfer of NFT ownership between buyers and sellers.

Where to trade NFTs?

NFT can be traded on specialized NFT trading platforms, such as:

  • OpenSea
  • Rarible
  • SuperRare
  • Nifty Gateway

Steps to trade NFT

1. Choose a platform

First, choose a trading platform that works for you. Different platforms offer different features and fees.

2. Create an account

Create an account on the platform of your choice. You will need to provide personal information and payment method.

3. Add NFTs

To sell NFTs, you must first add them to the platform. Upload the NFT file and fill in the relevant information.

4. Pricing

Set a price for your NFT. This can be a fixed price or an auction.

5. Buying and selling

Buyers can search and browse NFTs on the platform. Once they find an NFT they like, they can buy or place a bid immediately.

6. Settlement

After the transaction is completed, the platform will settle the payment. Funds will be transferred to the buyer's or seller's wallet.

Transaction Fees

NFT transactions often require fees, depending on the trading platform and payment method used. Fees may include:

  • Transaction Fees
  • Platform Fees
  • Gas Fees (Transaction Fees on the Ethereum Network)

Safety Tips

  • Always use a reputable trading platform.
  • Double check the NFT details before trading.
  • Protect your private keys and passwords.
  • Beware of scams and phishing attacks.

APENFT Price Tracking

As of 19:00 on July 16, 2024, the latest price of APENFT is 0.00004384 USD. The 24-hour trading volume is $24.9 million and the price is down 2.04% in the past 24 hours.

Price Movement Factors

The main reasons for APENFT’s price decline include:

  • Overall bear market atmosphere
  • Lack of major good news

Future Outlook

In the short term, APENFT’s price is expected to continue to be affected by the overall market Emotional impact. However, long-term, the currency’s potential cannot be underestimated, due to its support for NFT ownership and the project’s vision of building a decentralized metaverse.

Investor Advice

Given the current market uncertainty, investors should exercise caution and avoid over-trading or investing. It is important to keep a close eye on overall market trends and APENFT-specific developments.

Short-Term Forecast

APENFT’s price trend in the short term may be affected by market fluctuations. However, prices are expected to remain relatively stable, with the potential for moderate fluctuations in the coming weeks.

Indicator

  • Current price: 0.00004384 USD
  • 24-hour trading volume: 24.9 million USD
  • Price change (24 hours): -2.04%
  • Circulation volume: 999.99 trillion pieces
  • Maximum supply: 999.99 trillion pieces
  • Total supply: 999.99 trillion pieces
  • Market value: 438.4 billion yuan

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