BEST CRYPTO EXCHANGES
Are you wondering how to buy Bored Ape NFT?
NFTS are pretty common now. Considering cryptocurrency has exploded in popularity over the last few years, it is inevitable that digital assets on the blockchain are now more relevant than ever before.
Arguably, the most renowned NFT project out there is the Bored Ape NFT. Bored Ape NFT is an NFT that is a membership linked to ownership.
Even if you aren’t super familiar with NFTS, you have probably seen famous people owning Bored Ape NFTs and showing them off on social media.
So, how do you purchase them? And what’s the best way to become a Bored Ape NFT owner? Today, in this article, we’re going to help you find the answers to these questions.
Let’s take a look at how to buy Bored Ape NFT, what are Bored Ape NFTs, and the best way is to buy an NFT from BAYC.
Understanding Bored Ape Yacht Club
Bored Ape NFT is a unique circulation of more than 10,000 unique photos developed by Yuga Labs. Every Bored Ape NFT has unique traits, that make it different from the others.
For example, some come with laser eyes, while some have strange hats or glasses.
The magic touch with these types of NFTS isn’t the fact that the images themselves are unique, but the fact that you get a few advantages when you become an owner.
As of 2022, the floor price for a single Bored Ape NFT was approximately 70 ETH, which is roughly 220,000 U.S. dollars.
Because the majority of people can’t actually afford a Bored Ape NFT, it has definitely become a status symbol in the cryptocurrency space.
Perks of Having a Bored Ape NFT
Bored Ape NFT is so much more than just a simple NFT project. It has become a powerful community of rich people.
It first started as a little project, and it has now become a market changer, and all of this has occurred in less than a year.
As we mentioned before, there are many advantages to owning a Bored Ape NFT, one being the fact that if you do own one, you can experience actual yacht parties in New York City.
Additionally, there is a digital board where owners can draw whatever they want.
As you can expect, there are quite a few famous people these days that are now proud Bored Ape NFT owners.
Both Eminem and Justin Bieber are proud owners and display their NFTS on social media.
Of course, there are a few celebrities out there that have joined in the fun for the clout, but there are also others out there that have joined in the project for money reasons, hoping that they can make a profit from their Bored Ape NFTs.
How to Buy Bored Ape NFT
There are some out there that say having a Bored Ape NFT serves as more or less of an incentive to prove the power of NFTs in the future.
If you feel like you’re really missing out here, then perhaps it’s time to buy your first Bored Ape NFT.
At the end of the day, yes, they are expensive right now, but they are only going to become more valuable in the future. And remember, you always have the option of selling them.
Set a Cryptocurrency Exchange Account
The first step that we highly recommend is that you have a cryptocurrency account on an exchange like Coinbase, or even Binance.
Sign into your favorite exchange, and then go from there. You aren’t going to store your NFT on your cryptocurrency account.
It is going to be the bridge for purchasing the Ethereum that you need to buy your NFT.
Buy ETH
The next step is to buy enough Ethereum on a centralized exchange so that you can purchase your NFT.
Again, it is no secret that apes are expensive, so you need to be prepared to pay a lot of fees in the process in order to validate your transaction.
The good news is that acquiring cryptocurrency on centralized exchanges is really easy.
Send ETH to Trust Wallet or MetaMask
The next step in the process is to send your funds to a decentralized, non-custodial wallet.
We need to mention here that you are only able to safely purchase Ape Yacht Club NFTs on OpenSea, which is the biggest NFT marketplace in the world right now.
OpenSea is going to ask you to connect a wallet, so that you can create an account, and safely store your assets. Setting up a Trust Wallet is an important step in the process.
Visit OpenSea and Connect Your Cryptocurrency Wallet
Once you’ve got enough Ethereum, you will need to connect your wallet to OpenSea.
Go to your OpenSea account and select the account icon that will be at the top of your screen to the right. Choose ‘connect wallet’ and select your wallet from the list.
Your wallet is now going to be able to store the NFTs that you purchase on the marketplace.
You can use this account to mint NFTs, create a new collection, acquire assets, or even delete a collection if you want to.
Buy an Ape Yacht Club NFT
Once you have been able to connect your wallet to OpenSea, just go to the collection page of Bored Ape Yacht Club NFT.
Here, you are going to see all of the Bored Ape NFTs listed for sale. Select ‘buy’, and that is it.
The platform is going to process your purchase on the blockchain with the Ethereum that you have got. Bored Ape NFTs are an opportunity to look at NFTs in a different way.
Joining a club like this is going to give you long-term advantages, especially considering the world of NFTs is growing by the day.
FAQs
Can I Move My Ape NFT to a Hardware Wallet?
Yes, the good news is that you can move your Bored Ape NFT to a hardware wallet, and one of the best ways to do this is through Ledger.
Final Thoughts
The world of NFTs is gaining ground, and soon it is going to be completely away from us.
Before it gets there, we highly recommend that you make some smart investments, so that you can own your piece of the industry, before things get too expensive.
In this article, you can learn how to buy Bored Ape NFT, which will help you make a smart investment choice that is going to pay off in the future.
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Written by Thomas McGovern
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