In contrast, fungible assets have units that are interchangeable with one another, such as bitcoin or the dollar bill. The Crypto.com NFT platform is straightforward to navigate.
Any collector or fan can pay for NFTs, regardless of whether they are a crypto.com user. Users can pay with a single click with a credit or debit card. Alternatively, existing Crypto.com App users can pay using the Crypto.com Pay feature.
Table of Contents
If interested in buying an NFT with cryptocurrency, users can load their Crypto.com App and use that. To do so, select the ‘Trade’ button on the homepage of the Crypto.com App. Select ‘Buy’, and an option to pick a cryptocurrency will appear. It is recommended to buy one accepted on the NFT platform, such as USDC, USDT, CRO, ETH, and BTC. Now, your cryptocurrency will be available for purchasing an NFT. For more information on how to load your account, visit here.
Crypto.com NFT is looking to become the world’s largest and most user-friendly NFT platform. The aim is to accelerate the world’s transition to cryptocurrency, with NFTs being the next step. In this Crypto.com NFT review, we’ll take a look at how to buy and sell NFTs on Crypto.com. Past performance is not a guarantee or predictor of future performance. The value of NFTs can decrease as well as increase, and you could lose all or a substantial amount of your purchase price. When assessing an NFT, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility.
For users without a Crypto.com App account:
All examples listed in this article are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, or offer by Crypto.com to invest, buy, or sell any NFTs. Returns on the buying and selling of NFTs may be subject to tax, including capital gains tax, in your jurisdiction. Now that buying an NFT is covered, it’s all about how to buy the right NFT. Whether it’s a beautiful digital art piece or something the user connects with personally, it’s essential to figure out what gives NFTs meaning.
Once that’s complete, connect it with your NFT platform account. Connecting them allows users to have the two accounts synced up seamlessly. If connected to the app, users can purchase NFTs the same way as the first option or choose to use crypto stored on their Crypto.com App.
The purpose of this website is solely to display information regarding the products and services available on the Crypto.com App. It is not intended to offer access to any of such products and services. You may obtain access to such products and services on the Crypto.com App. When searching for listings, it’s helpful to get a broader picture of an NFT by checking out its collection page. This will then provide you with the description of the NFT, plus the description and cost. You can also “view available editions” to choose a specific one.
It was a new collection entitled “Greater Heights” by Marvel artist BossLogic. Within 24hrs of going live, the “Greater Heights” collection from BossLogic completely sold out. Some of the digital artwork is already being resold on the platform, with editions going for more than $5000. If you would like to track the prices and history of the artwork being sold, check out NFT LamboFactory. On the NFT platform homepage, users can see the upcoming ‘Drops’ that Crypto.com offers. Users can also navigate to the NFT platform page to explore and see the current top collections.
In-game assets, digital art, and collectible-related projects are the most prominent NFT use cases today. Please note that the availability of the products and services on the Crypto.com App is subject to jurisdictional limitations. Crypto.com may not offer certain products, features and/or services on the Crypto.com App in certain jurisdictions due to potential or actual regulatory restrictions.
The brand page shows NFTs created in partnership with famous brands, such as the UFC and the Philadelphia 76ers. If users have chosen option two, this step will outline connecting the Crypto.com NFT platform with the Crypto.com App. Since the NFT platform account was already created in step one, users will now have to complete registration with the Crypto.com App.
An NFT, or “Non-Fungible Token”, is a type of digital asset. These NFTs are unique and one of a kind and can be bought or sold like any other piece of property or artwork. Furthermore, you can also browse and purchase curated NFTs that were previously dropped, as well as a variety of other NFTs created by users in our open marketplace. NFT stands for a non-fungible token, which represents unique, irreplaceable assets that live on the blockchain.
- In the following step, this article breaks down how to get the Crypto.com App connected with the NFT platform.
- The first option allows users to purchase an NFT directly from the platform with a credit/debit card — great for beginners interested in NFTs who do not have a crypto wallet yet.
- Crypto.com will offer unique digital content from Bosslogic & Snoop Dogg on their new Crypto.com NFT platform.
- Any collector or fan can pay for NFTs, regardless of whether they are a crypto.com user.
Under the “Explore” tab within the platform, you’ll find a host of NFTs being sold by users on Crypto.com NFT. Where you’ll find the editions available to buy, the current owner at a price. In the same way as cryptocurrency, the ownership of your NFT is recorded on a blockchain. Therefore records cannot be forged as it’s maintained by computers all around the world. NFTs can also contain smart contracts that could include royalties for artists for future sales.
Method 1: Sign-up for a Crypto.com App account / Activate your existing account (Recommended)
Meaning that they can purchase their NFTs with the likes of Bitcoin, Ethereum, and the more recently added Dogecoin. Future drops include partnering with Aston Martin Cognisant Formula One. Who introduced NFTs as a way to celebrate the team returning to F1 for the first time in 60 years. On Saturday, 27th March, the crypto.com NFT platform will offer a new way for their fans to own a piece of their history. And the collection of NFTs they’re making available will capture the very first moments of their return to F1. Note that phone verification only allows for limited access to Crypto.com NFT features.
Leading this brand new venture is Crypto.com’s newly appointed Executive Vice President Global Head of NFTs, Joe Conyers. Joe was named a Digital Power Player by Billboard Magazine four years in a row and most recently served as Chief Strategy Officer at Downtown Music Holdings. Joe brings over a decade of experience building global businesses that support artists. Your personal data & privacy is important to us & will never share your information with 3rd parties. Join the Every Bit Helps mailing list to receive our newsletter & get access to the latest deals & to our Discord community.
How to Buy an NFT in Four Steps
When making your payment, you can use Crypto.com App, Metamask, WalletConnect and Other Cryptocurrency Wallets. We’re building a global canvas for your creative vision—let’s have a conversation about what you want to bring to life as an NFT. Please get in touch with us and we will guide you through the requirements and give you all the information you need to become a creator.
These details give a great insight into the collection and show what different options there are when buying. In the following step, this article breaks down how to get the Crypto.com App connected with the NFT platform. Metamask, WalletConnect, and “Other Cryptocurrency Wallets” allow you to pay using the tokens that are listed on Defi Swap. If you’re unfamiliar with Defi Swap, check out my tutorial here. Check out our guide on Rarible and how to create and sell NFTs.
The platform is dedicated to delivering unique content to collect and trade from the most popular artists, musicians, and sports. These include the likes of Aston Martin, BossLogic, Boy George, Snoop Dogg, and Lionel Richie. With the rise in popularity of NFTs (Non-Fungible Tokens), it’s no surprise that the one-stop shop for crypto, Crypto.com, has jumped in on the act. Crypto.com will offer unique digital content from Bosslogic & Snoop Dogg on their new Crypto.com NFT platform.
Once that is done, users will be able to unlock the features of the NFT platform by verifying the account with a phone number. The first option allows users to purchase an NFT directly from the platform with a credit/debit card — great for beginners interested in NFTs who do not have a crypto wallet yet. Click the “Sign up” button in the top right corner of the homepage, or use the link here. To create an account, all you need is to enter your email address and set up your password. You are required to verify your email address and phone number, provide your full name and set up a username to complete your registration.