Today in this post I will share with you my Homework Season-2 Week-4 for @levycore . The course that the professor @levycore Selling and Buying NFT . Professor @levycore Season-2 Week-4 gave us homework tasks:

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Select the NFT market that you want to try to sell and buy NFTs and why did you choose this market
How to Buy NFT ( Screenshot needed)
How to Sell NFT ( Screenshot needed)
Mention and explain the advantages and disadvantages of the NFT market you have chosen
Conclusion

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What is NFT?

NFT Means Non-Fungible Token, It is basically a digital currency. It is usually built using the same type of programming as Bitcoin or Ethereum cryptocurrency. The ownership of this blockchain is very easy to monitor and verify Easily. This item is or can be used to represent an item such as video, audio, virtual art, photo or other type of digital file.

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How to Buy NFTs on Rarible

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STEP-01

Open Trust wallet Apps

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STEP-02

Select Dapps

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STEP-03

Search "rarible.com"

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STEP-04

Click "Proceed"

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STEP-05

Click "All"

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STEP-06

Click "BUY"

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STEP-07

Click "Start"

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STEP-08

Click "Proceed"

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STEP-09

Confirm Purchase

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How to Sell NFT

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STEP-01

Click "Create Collectble"

STEP-02

Click Single

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STEP-03

Click "Choose Your File"

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STEP-04

Click "Create Item"

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STEP-05

Click "Done"

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Advantages

• NFT has a very large market for a creator and every creator can sell their items here very easily. It really plays a very important role for every creator and for many it is a simple marketplace and it is open to everyone.

• A new user can easily use it without any programming language or coding knowledge. It is very simple and anyone can use it and transact from here in a very short time.

• This platform is very user friendly so any user can use it very easily so it is very user friendly. And any of its options and its designs are really great and can be easily understood by anyone

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Disadvantages

• Rarible has no own project roadmap or whitepaper . It really discourages a new user from investing in a new user and this is a problem in many boroughs. They don't understand themselves properly because they have no plans for the future.

• Rarible supports only the Ethereum network and Eth is the only token. Some users do not feel comfortable using thereum network and Eth only.

• If someone wants to sell or buy something from a rarrible platform, they have to pay a 2.5% gas fee for each one. This gas becomes much more free for this type of platform.

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Conclusion

So finally we can say about Rarible that it is a leading NFT Platform. With it a new user can buy and sell very easily. it is very user friendly, it has a very simple design. I support it so that everyone understands what can be done from any of my options. So any new user or new investor coming to this platform can easily buy any sell NFT Coin.