The digital artwork world is growing daily. People buy NFT art from multiple markets, most of them by using Ethereum.
Although most token holders rely only on the Ethereum Blockchain, there are lots of other chain networks appearing in the market. One example is the Binance smart chain network, which has been a famous choice for collectors and is now presenting a new coin.
The NFT Art Finance coins are an excellent investment opportunity for token holders. In this article, we will show you how to easily buy NFT Art Finance using quick steps.
Be sure to follow each step carefully. This way, you avoid problems and make sure to set up the correct token address and wallet configuration.
This article is a segment of a more extensive piece of article, steps how to Buy NFT.
What Is an NFT
If you still don’t know what an NFT is, you’ve been sleeping for a long time, but don’t worry. We got you covered.
Non-Fungible Tokens (or NFTs) are digital assets stored in blockchain technology. These assets are unique and can not be replaced by anything else.
This is the main difference between them and crypto assets like Bitcoin or a Binance token. These two examples can easily be replaced by an identical one, white the NFT can’t.
This uniqueness is why the prices of non-fungible tokens can vary from hundreds to millions of dollars. Although many people instantly relate it to visual NFT art, there are tons of different uses for this kind of technology, from airplane tickets to digital IDs.
What Is NFT Art Finance
The NFT Art Finance (NFTART token) is a cryptocurrency that uses the Binance Smart Chain to execute all of its code and operations. It is also important to note that these NFTART tokens are not created by Binance, being completely different from the Binance coin.
As previously mentioned, the NFT Art Finance, like all the other popular BSC tokens, uses Binance’s smart contract network for operations. This means you will need a wallet compatible with the smart chain. One of the best ones available is Trust Wallet.
Once you correctly set up the account, your BNB tokens will be totally secure. It is an indispensable step for anyone wanting to acquire an NFT Art Finance token.
Is NFT Art Finance a Good Investment?
There isn’t one correct answer to this question. The NFT Art Finance coin has been around for a short time and it’s a risky investment. The company has no tangible product yet, staying behind many other BNB smart chain tokens.
Additionally, all transactions involving the NFT Art Finance coins charge a fee of 10% from the user, being considered one of the highest. On the other hand, the price requested for an NFT Art Finance coin is not high when compared to other BNB tokens.
This makes it a good option for investors looking for a new coin at not-so-high prices. As we mentioned, it is definitely a risky investment, but it can also result in high profits.
How to Buy NFT Art Finance
Now that you know what NFTART tokens are and why they may be a good investment, it is time to learn how to purchase these BNB tokens. Be sure to follow all the steps correctly.
Any account or wallet setup mistake can lead to problems with the different token addresses and many other errors during the Binance smart chain operations.
Here are the main steps for you to buy NFT Art Finance tokens:
Create a Binance Account
The NFTART tokens work in the Binance smart chain, so you must create a Binance account before purchasing the coins. You can easily create it by visiting Binance’s official website.
The process is really quick, taking only a few minutes. Carefully fill in all the requested information and double-check every detail to ensure everything is correct.
Problems with your account can lead to issues with both the BNB tokens and the operations involving the smart chain.
Set Up Your Trust Wallet Account
Along with a Binance account, you will also need a crypto wallet to store your NFTART tokens and NFTs. This wallet must be compatible with the Binance smart chain token you want to store, and among all the options, Trust Wallet is the best one.
Trust Wallet is easy to set up and has a user-friendly interface, making it easy to use for both advanced and novice investors. You can access all your coins and NFTs through the app available for Android and iOS or even through their Chrome extension.
Send Your BNB Token to the Trust Wallet
After downloading the wallet app and finishing your account setup, you can send your tokens from Binance to your Trust Wallet account. Remember that a Binance coin is different from Binance smart chain, and so is the token address.
You must pay attention to this part of the process. Otherwise, your coins and tokens can be lost forever. Use the correct address to send your tokens to the crypto wallet successfully.
Swap the Tokens
Right after you receive the tokens in your wallet, you can already swap them to smart chain. In the app or extension, you just need to select the BNB tokens, tap on the “more” option, and click
on “swap to smart chain.”
Simply as that, you already have the currency needed to use Pancakeswap. This step is necessary since you need a network that supports smart contracts.
Connect Trust Wallet to Pancakeswap
The last thing you need to do before buying NFT Art Finance tokens is connect it to Pancakeswap, a decentralized exchange platform. This can easily be done through the DApps tab in your app.
The process is slightly different depending on your operating system.
If you use Android, you’ll be able to easily find Pancakeswap as an option.
On the other hand, if you use iOS, you’ll need to type Pancakeswap.finance in the search bar to find the option.
After doing this, you can buy the NFTART tokens through the app. Be sure to enable all the safety features available in the app to avoid scams and hackers trying to steal your tokens.
Purchase NFTART Finance Coins
After connecting both platforms, the last step is to select the NFTART finance tokens and purchase as many as you wish. You must remember the BSC transactional fees that will come with any operation.
NFT Art Finance and Safemoon are the most popular BSC tokens, but you can find many other cryptocurrencies when navigating through Pancakeswap. Remember that crypto is a volatile market, and investment results are unpredictable. Before purchasing or selling, you must be sure of what you want to do.
Selling NFT Art Finance Assets
You’ll need to do the reverse process if you want to sell or exchange your NFT Art Finance (NFTART) for other crypto assets. First, you will have to convert the NFTART coins back to BNB tokens.
After doing the conversion, you can sell or exchange these tokens for Bitcoin, Ethereum, or any other cryptocurrency you want. When doing this, remember that each coin holds a different value and has its own fees.
Conclusion on How to Buy NFT Art Finance
The NFT and Crypto markets are two of the most profitable ones we see today. There are tons of active investors and artists doing operations daily, with thousands of enthusiasts also learning and creating accounts to participate in this world.
With this, it is natural that numerous cryptocurrencies will also appear from the most diverse blockchain, and NFTART finance is one of them. Although it has a high fee and is considered a recent token, it managed to become one of the most famous ones acting in the Binance Blockchain.
If you are an enthusiast or investor looking for a new coin to purchase, this can be a good one. It is also a good idea to join their Discord server to stay updated on the news regarding the coin.
Now that you know everything you need about NFT Art Finance, it is time to start creating your account on Binance and setting everything up. Be sure to follow each step carefully to guarantee that you won’t have any problems with both your tokens and your wallet.
Remember that crypto prices are constantly changing. Choosing the right time to buy the coins is an essential part of the process.
