How to Buy NFT On Rarible?

How to Buy NFT On Rarible?

Cryptoverse is changing rapidly and its expansion crosses every border on earth. NFTs are one of the big attractions for crypto lovers as well as beginners, where they can collect some valuable and rare digital arts through image, video, or any other digital form. Gradually, many users are falling in interest to own NFTs collections.

Well, if you are one of those crypto lovers who are planning to enjoy your first NFT collection, then this article is for you. In the next few minutes, you will gain knowledge of how you can collect the NFT of your choice in simple steps.

You have two ways to buy NFT using Rarible, You can buy at pre-determined price or you can place a Bid. But hold on, before starting to buy NFT you must connect your wallet with Rarible.

Connect Wallet with Rarible

  1. Go to the Rarible websites and Click on the Sign-in Option on the top right-hand side corner.
  2. It will prompt you with different crypto wallet options such as Metamask, Torus, and others.
  3. Click on the crypto wallet you want to use and it will direct you to the Explore page.
  4. Congratulations, You have successfully entered Rarible.

How To Buy NFT at Pre-determined Price?

  1. After successful sign in to Rarible, Click on the Explore option.
  2. Check out different NFTs collections and click on the NFTs collection which you want to Buy.
  3. Check out all the details such as the properties of the selected NFT.
  4. Now Click on the “Buy” option and you will see the pop-up of “Checkout”, where you can check the details such as service price, item price, and the total value of purchase.
  5. You can either pay by crypto or with your Visa debit card.
  6. Now click on the “Submit”. Here note that you must confirm the “gas fee”, which is required by the Ethereum Network to process transactions.
  7. After the successful completion of a transaction, you can see the purchased NFT in the Owned section.

How to place a Bid?

  1. First, explore the NFT collection across the platform and click on it.
  2. Now Check the details and history related Bid.
  3. At the bottom right corner of the page, you can see the Bid value and Auction’s deadline.
  4. Remember the amount of your bid must be higher than the last Bid.
  5. Now you can see the amount you have to pay to place your Bid including the service fee.
  6. Pay the adequate amount to place a Bid.
  7. Now, wait until the seller accepts your offer within a time limit.
  8. If the seller accepts your offer, then you will be able to see this NFT in the “owned” section.

Related Posts
Buy NFT using Opensea
Read More

How To Buy NFTs on OpenSea?

As a part of the decentralized system, Opensea is one of the largest and prominent marketplaces to buy…
swap ETH to USDT
Read More

How to swap ETH to USDT?

Stablecoins act as a catalyst for the crypto market to connect with traditional finance since they mirror the…