![]() This article takes a deep dive into the NFT market and reveals some of the best platforms where you can buy NFT Tokens. Therefore, due to the diverse NFT marketplaces and platforms, it is crucial to clearly understand where NFTs are sold, the type of marketplaces, and the factors to consider when choosing where to buy NFT tokens. Moreover, this growth resulted in the diverse development of NFTs, NFT marketplaces, and the immense increase of NFT admirers. On comparing both values and the short duration of the growth, this is quite surprising. According to, the sales volume of the NFT market hit 2.5 billion dollars in the first six months of 2021, up from 13.7 million dollars in 2020. To get started with NFTs on Binance Smart Chain, download Trust Wallet today.2021 saw the NFT market explode, with some selling for millions of dollars. While NFTs are a highly speculative and risky asset class, they can also be potentially lucrative. We can decide to hold as a store of value or put it back on the marketplace in an attempt to sell it for a higher price. In the example above, we purchased an art piece off Rumelgraphy, an active BSC artist, for 55 BAKE. Once the transaction is completed, go to your Trust Wallet dashboard and click on Collectibles.Select one of your choosing and click on Approve NFT Supermarket. You will see the available NFTs in each section. Now that you have BAKE, head to the NFT Supermarket. (Remember to leave some BNB for gas fees) At the time of writing, 1 BAKE is $1.12 and 0.0049 BNB. All NFT purchases are made with BAKE - the platform’s native token. In the Trust Wallet DApp Browser, open, go to Exchange and swap BNB for BAKE. This is where we got our Binance Winter artwork. Anyone can “mint” an NFT on Binance Smart Chain and put it up for sale. The ‘BSC Artists’ is a special section for artworks from artists all around the world. The good thing is that you can sort pieces in each section by price so you can quickly know where you stand on the luxury scale. ![]() These NFTs vary significantly in price, ranging from 2 BAKE to over 1,000,000 BAKE. The NFT Supermarket on BakerySwap offers various a range of NFTs, including digital art, GIFs, weapons, virtual kittens, and puppies. It is also a pioneering marketplace for NFTs on Binance Smart Chain.Ĭonsidering BSC’s edge over Ethereum in transaction speed and gas fees, it is only a matter of time until more NFTs projects come on board. What is BakerySwapīakerySwap is an automated market maker and decentralized exchange platform on Binance Smart Chain. Below, you will learn how you can do that too. ![]() This is Binance Winter - an NFT we just bought off an artist on Bakeryswap using the Trust Wallet app. NFTs can represent anything: art pieces, properties, achievement, trophies, unique video game items, digital IDs, or even domain names. **NFTs are unique cryptographic tokens that represent a physical or digital asset. And, in early in March, Twitter’s CEO, Jack Dorsey, created an NFT for his first tweet. This past February bore witness to some of the biggest NFT sales: Grimes selling $6 million worth of digital art pieces as NFTs and Beeple’s NFT - a 10-second clip - sold for $6.6 million. You can hardly scroll through your Twitter or Facebook feeds without seeing threads on how much potential they carry. Unless you are new in the crypto space, you would agree that non-fungible tokens (NFTs) are a hot topic right now. In this guide, you will learn how to get your hands on some of the first NFTs issued on Binance Smart Chain. The NFT market is booming, with some crypto art and collectibles selling for millions. Learn how you can acquire Binance Smart Chain NFTs directly within the Trust Wallet DApp Browser.
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