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How to buy an NFT?
Alex avatar
Written by Alex
Updated over a month ago

MultiversX operates as a blockchain network facilitating the creation, purchase, and sale of NFTs (non-fungible tokens). Follow these general steps to buy an NFT on MultiversX:

  1. Create a MultiversX Wallet: If you don't have one, create a MultiversX Wallet at https://wallet.multiversx.com .

  2. Visit xSpotlight or an NFT Marketplace - head over to https://xspotlight.com or any NFT marketplace within the MultiversX network (e.g., XOXNO, etc.). Search for the NFT you're interested in.

  3. Select and Purchase: Once you've found the desired NFT, you may place a bid or choose a "Buy Now" option, depending on the marketplace's features.

  4. Sign the Transaction: Sign the transaction on your wallet to complete the purchase. After confirmation, the NFT will be added to your wallet, indicating ownership.

It's crucial to recognize the risks associated with buying NFTs, given the new and volatile nature of the market. There's no assurance of an NFT's value. Therefore, conduct thorough research and due diligence to verify the authenticity, provenance, and terms of the sale before making a purchase.

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