through the NFTs in the project until you find the one you want to buy. If you have the URL enter it into the address bar of the web browser and hit Enter. At this point, you’re ready to buy the NFT.
5. Purchase Your NFT
With the wallet connected and the NFT in the web browser, it’s time to buy the NFT. Sales for NFTs can happen in a few ways. The primary method is to just straight out buy the NFT. Another option is to make an offer on the NFT.
Another method exists for NFT sales that are similar to an eBay auctions as well. These styles of NFT sales are just auctions. The highest bidder will become the owner of the NFT when the auction and bidding have ended.
Whitelists are another means of buying NFTs. For new NFT projects, there will be what’s called a whitelist that is a pre-selected group of people who are permitted to buy (or mint) and NFT upon release.
In the most basic scenario, you’ll simply be buying a pre-selected and senegal buy cell phone number list NFT that you have the URL for on OpenSea. When you’re ready to make the purchase just click the Buy button. You’ll be presented with a few windows confirming the purchase, so long as you’ve checked that you’re connected to the correct place click OK.
If you take the route of making an offer, the steps are similar. In that scenario, you enter the amount that you would like to pay for the NFT., then the seller will be notified that you’ve made the offer.
If the seller accepts the offer that you’ve proposed they will approve the transaction. This will initiate the sale notifying you as well. At that point, you can approve the transaction and you’ll be the new owner of the NFT.
The deep details of whitelists and auctions are beyond the scope of this article, though the overall, fundamental technicalities are the same, more or less. Whitelists are where the more advanced side of NFT flipping begins; we’ll touch on that a little bit in the research section.
6. List The NFT for Sale
To do the full NFT flip you’ll need to sell the NFT that you’ve purchased. If there is no interest and no one to buy the NFT, then there will be no flip; you could be left holding the bag. “Bag holding” is a phrase commonly used in the crypto and NFT world because it happens so common, and you should be aware of this dynamic in the NFT space in general. Many projects are created simply to pump and dump on inexperienced investors, and more people lose money than make money in this space.
Even worse than having heavy bags is getting rug-pulled. This means that a project simply takes your money and disappears. Getting rugged is seen as simply part of the crypto game, so just be aware of it. If someone sells you a shitty NFT and you can’t sell it because nobody wants to buy it or because the founders disappear and don’t deliver on their roadmap, there will be nobody to
through the NFTs in the project
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