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How to Buy Forest Ape Club For Beginners

There are numerous ways to buy an NFT or Forest Ape Club, depending on the project you are interested in. So, before we start, you will need to know which blockchain was your NFT created on. There is a range of blockchains that are becoming increasingly popular, including:

So, let me cut through the chase and share a step-by-step process for you to buy your first NFT on an Ethereum blockchain. It may seem tedious at first, but this is a one-time set-up that will allow you to easily buy and sell NFTs in a matter of a few minutes.

Cryptocurrency wallets are similar to bank accounts in the traditional banking system. They are used to communicate with blockchain networks to safely access, send and receive crypto funds (i.e. Bitcoin, Ether etc.) or assets (such as NFTs). There are two types of crypto wallets — custodial and non-custodial.

Using custodial wallets is as simple as signing up for a Google Pay account with your email address, verifying your identity with a photo ID, choosing a strong password and linking your credit card or bank account to start buying. However, for now, if you want to be able to purchase NFTs, you’ll need to have what is called a non-custodial wallet.

Non-custodial wallets give full control over your crypto assets rather than a third party such as Coinbase. You can easily transfer your coins from a custodial wallet to a non-custodial wallet. So, if you have a Coinbase account and you have purchased Ether, you can transfer it to your non-custodial wallet.

2. Add MetaMask to your Chrome extensions

3. Click on Get Started

Click on Get Started

4. Click on Create a Wallet

Create a new wallet

5. Follow the prompts and Create Password

Create Password

6. Reveal Secret Backup Phrase

This step is by far the most sensitive part of setting up your wallet. A secret backup phrase is a 12-word unique phrase, that helps restore access to your wallet if you ever forget your password or use a different computer.

No one should ever ask for your secret backup phase, so make sure you do not share it with anyone.

Write it in multiple places that only you can access and make sure you do not lose your secret phrase. If lost, you will not be able to access your wallet in case your computer is lost, stolen, or if data gets corrupted.

Reveal Secret Backup Phrase

7. All Done

Finally, you will receive this message which means your wallet has been successfully created.

Wallet Created

You can buy ETH on MetaMask using your credit or debit card.

Click on Buy

2. Click on Continue to Wyre

Click on Continue Wyre

3. Convert USD or any other currency into ETH

Follow the next page to enter your credit/ debit card details and ETH will get credited to your wallet.

Convert your USD or any currency to ETH (Ether)

Withdraw ETH from your custodial wallet

A wallet address is a unique digital address, made up of letters and numbers, that you can use for sending and receiving digital currencies such as Bitcoin and Ether. It is similar to an account number in the traditional banking system. Wallet addresses are public and are safe to share with others.

You can find your MetaMask wallet address on the top as shown below.

MetaMask wallet address

NFT marketplaces are platforms where NFTs can be stored, displayed and traded. These marketplaces are to NFTs what Amazon or eBay are to products.

Follow the prompts to set up your account. It is straightforward and will take a couple of minutes.

You will need to connect your MetaMask Wallet to OpenSea so you can view the NFTs that are available in your wallet after purchase.

Click on Get MetaMask and follow the prompts to connect your wallet.

Here comes the fun part of buying your first NFT. There are two ways of buying an NFT.

Minting is the process of creating an NFT on the blockchain. Most new projects allow buyers to mint or create an NFT on their website. When you mint an NFT, you become the first owner of that particular digital asset (NFT), and the information is stored on the blockchain.

Connect your Wallet

2. Select the number of NFTs from the drop-down and click on mint

Select number of NFTs and click on mint

3. Review Gas Fee

Before you start minting, the MetaMask extension will pop up and show gas fees. As you can see in the below screenshot, the gas fee is almost 6x of the NFT price which is unusual and happens when you either have insufficient funds in your wallet or there is heavy traffic on the Ethereum Blockchain.

Review Gas Fee — This exorbitant gas fee is not normal

After reviewing the gas fee, click on Confirm, and your NFT will be minted. The minting process can sometimes take a few minutes to process, depending on the blockchain traffic. ETH will be deducted from your wallet only after the transaction is successful.

4. View your collection on OpenSea

Click on My Profile to view your NFTs

The second method of buying NFTs is directly purchasing them from the secondary market.

1. Go to OpenSea and search for the NFT you wish to purchase

2. Click on your desired NFT

Click on the one you are interested in, out of all the available NFTs.

3. Click on Buy Now

On the subsequent page, click on “Buy Now” to purchase your NFT

Click on Buy now

4. Review Total and click on Checkout

Review Total and Checkout

Follow the prompts to finish purchasing your NFT. Similar to the minting process, you will have to review the gas fee and confirm the transaction in your MetaMask wallet to complete your purchase.

There you go! You have just purchased your first NFT. Congratulations!

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