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How to Trade NFTs on OpenSea



 OpenSea is one of the most popular exchanges for trading non-fungible tokens (NFTs). The rising popularity of NFTs, which has already spanned the mainstream beyond the crypto bubble, has a lot to do with platforms like OpenSea. You can buy, sell and trade NFTs on the decentralized marketplace. We give a short OpenSea guide for beginners on how they can use the platform for themselves.


What is OpenSea?

OpenSea is a decentralized marketplace for non-fungible tokens. The platform was the very first NFT marketplace and was founded in 2017. You can buy or sell unique digital art on OpenSea. This includes:


Collectibles

Games

digital images of real objects

Domain names

etc.

The main difference between OpenSea and other platforms is its diversity. In the following we give a short OpenSea guide for beginners.


OpenSea instructions: Open an account

To open an account with OpenSea , you have to connect an Ethereum wallet to the platform. The most popular is MetaMask:


If you select MetaMask, a separate MetaMask window opens, in which you confirm that you want to connect MetaMask to OpenSea. If you are not yet using a MetaMask, you can install it as a browser extension in just a few steps and then connect it. As soon as you are done, you will be taken to your profile dashboard.



Now we continue with our OpenSea instructions.


OpenSea instructions: Main menu

Under the main menu you will find menu items at the top in the header. Select the different tabs to explore OpenSea.


Explore


Under Explore you will find numerous collections of NFTs. You can select different categories from music to sports in a separate bar.


Stats


Under Stats you can browse the most popular collections and platforms that NFTs offer. You can use the filter functions time, category and blockchains to filter according to your interests.


Resources 

Under Resources you can find the help center, the platform status and the OpenSea partner programs. Furthermore, the function of transactions without gas fees (gas-free transactions) is very interesting. 


Create


Under Create you can create your own NFTs at OpenSea:


OpenSea Guide: How to Buy NFTs


As the last step in our OpenSea instructions, we will briefly show you how you can now purchase a digital work of art. To do this, click under on a collection and in the collection on an item!


You now have the option to purchase the NFT directly or to submit an offer. If you want to buy directly, you can go straight to the checkout. You buy via your MetaMask or your linked wallet.


If you want to submit an offer, then enter the amount and the period of your offer. 


That was our short OpenSea guide for beginners. The platform offers numerous other functions and options. Use these instructions for your first steps and then explore everything else!

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