The following guide shows How to Buy Pokemon NFT in 2022.
NFTs and cryptocurrency are unquestionably some of the hottest trends in investing right now.
Getting into NFTs early on could provide major returns and help investors join the NFT revolution!
Prior to diving into Pokemon NFTs, it’s important to understand what an NFT is and the risks associated with investing in them.
What is a Pokemon NFT?
An NFT stands for non-fungible token, which is a unique digital unit of data stored on the blockchain. These are typically digital files like pictures, videos, animated images, and more.
Therefore, a Pokemon NFT is any NFT that resembles Pokemon cards, characters, badges, and other items associated with this iconic brand.
According to DappRadar, “in the third quarter of 2021 trading volume for NFTs exceeded $10.67 billion, which is a 704 percent increase from the previous quarter.”
Especially with cryptocurrency and “Web 3.0” becoming more mainstream by the day, NFTs will likely play an integral role in our society several years from now.
Therefore, having Pokemon NFTs in your portfolio early on has the potential to earn massive returns for owners.
The video below dives into NFTs and everything you need to know before investing in this new form of media.
Important: Before investing in NFTs, it’s important to understand the risks of buying non-fungible tokens.
Investing in NFTs is still relatively new and is not one of the top traits among the world’s best investors. In fact, the best investors are actually dead:
Some of the main risks with investing in certain NFTs include:
- Possible scams
- Highly volatile
- Uncertainty in creators
- Can be difficult to verify ownership
- Hard concept to understand at first
While there are several risks, it is still very possible for investors to make money from NFTs through price appreciation.
Below you will find out how to buy Pokemon NFTs using a trusted marketplace.
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How to Buy Pokemon NFT
The screenshot guide below shows how to buy Pokemon NFT using OpenSea. This is the most popular NFT marketplace in the world as of this writing.
While OpenSea is the most popular and trusted marketplace to purchase NFTs, it is still possible to buy Pokemon NFTs from other sites like Binance or Rarible.
Follow the steps below for buying a Pokemon NFT on the OpenSea marketplace.
IMPORTANT NOTE: Prior to purchasing any NFTs on OpenSea, you will need to create a free account and connect to your crypto wallet.
Also, since most NFT creators today accept only Etherum as payment, make sure you have Etherum (ETH) on your crypto wallet.
1. Visit the OpenSea Registration Page and connect your crypto wallet.
In this instance, I am using a Coinbase Wallet but you can use any wallet option shown below. Setting up a Coinbase wallet is a simple process and that’s the wallet we recommend using.
2. Visit the OpenSea home page and click the search bar on the top of the screen.
3. Type in “pokemon” and notice the various dropdown options that populate. We chose the first option.
4. Browse through the gallery of Pokemon NFTs and click whichever option you prefer. We prefer sorting our list by most viewed.
Important Note: Prior to purchasing any NFT, we highly suggest doing research on the creator. Those with a verified checkmark by their name are more credible.
5. After selecting an NFT you will likely find purchasing options for “Buy now” or “Make offer.” Click whichever option you prefer.
6. To complete checkout make sure you have enough funds in your crypto wallet. Then click the terms of service box and select Confirm checkout to finalize your NFT purchase.
That’s it! That is how you purchase any NFT using the OpenSea marketplace.
For more information on buying NFTs, refer to the video below.
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Pokemon NFT FAQ
How do You Buy a Pokemon NFT?
You can purchase a Pokemon NFT using any trusted NFT marketplace such as OpenSea. Follow this step-by-step guide for instructions.
What is a Pokemon NFT?
A Pokemon NFT is any non-fungible token (NFT) that resembles Pokemon cards, characters, badges, and other items associated with this iconic brand.
Are Pokemon NFTs a Good Investment?
Since NFTs are relatively new, it’s hard to analyze how certain NFTs will perform in the future. Always be sure to assess the risk of any investment prior to buying.
What does NFT Stand For?
NFT stands for Non-fungilbe token.