Repost - Steemit Crypto Academy Season 2 : Selling and Buying NFT by @salemumar5 for @levycore

in SteemitCryptoAcademy3 years ago

بِسْمِ ٱللَّٰهِ ٱلرَّحْمَٰنِ ٱلرَّحِيمِ

ٱلسَّلَامُ عَلَيْكُمْ

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Hy steemians hope that you are having blessed and good days, In this post we gonna learn about selling and buying NFT.

WHAT IS NFT ?

Basically NFT is digital assets that can be trade in crypto world although its is NON FUNGIBALE TOKENS from which you can own digital art while BTC ETH LIT are fungible tokens and they can be trade on the basis of other currency with their token value.

Although It is antique or having its unique physical assets that you can trade on NFT in parts or whole owner can change this simple NFT is.

this is globally understandable terms, although the previous homework is all about NFT you can watch and read there here will be going practical things about NFT lets elaborate more. NFT DETAIL

HOW THEY WORK??

In 2017 NFT are in the name of crypto kitties and can be qouted in market where you owe any kitty feed them prepare them and than sell in the market, Now the NFT came is on ETH blockchain ERC721 ERC1155 previous one are also in the same network but you can not swap them but buy and sell can be done.

NFT token ain't prevent others to copy your physical assets but actually the technology refer you as the original owner of the physical asset, In simple words it works simply as the ownership of shares and land that shows original owner of the thing.

Now how do you know the coin is working on NFT you can use coingecko where you can see the tokens that trading in market. The picture is clear view of trading tokens in market.

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ATOMICHUB (NFT) Marketpalce:

AtomicAssets are one of the best websites for beginners and you can buy or sell NFT in just few steps althoug here you can take advantage of getting free NFT that I will also assure you guys.

AtomicAssets is a standard for Non Fungible Tokens (NFTs) on the eosio blockchain technology, although there you can see many features and good standard working, it is the hidden gem that I basically prefer most.
They also contains the data of unified schema too.

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Buy NFT in Atomichub:

Use the link to explore the site.

First you have to link your account with Atomichub and do connect your wallet viia wax and one more chain network is given wax provide service although than link your account with facebook too.

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  • After that choose you NFT and detailed it and read the cautions that are provided by the seller.

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  • Than provided payment and exchanger will be drive in front of you choose where you can ease the payment

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Selling NFT to AtomicHub:

  • First you check what amount are you getting from your NFT by using price history shown below

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  • After that scroll up you can see collection and click in that than make your favourite NFT token
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  • Than complete the procedure by given requirements make your transaction complete as, you now able to sell your token or If you earn or get NFT free by give away.

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  • After that clear the payment method and transfer the transaction by wax or bytes

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All this transaction are held by own ATOMICHUB web and the exchangers that are link to them you can easily find them howbeit I uses the link that access. I have not sufficient funds to take the trades so this is the basic and easy way of trading NFT.

Advantages and disadvantages of ATOMICHUB:

Advantage:

  • The most favourite think that users are attached by is that the site is giving giveaway and through that users can worth their NFT, So this thing get the buyers more attractive.

  • Atomichub provides you the services of low gas fees that in 50 wax there will be 2 or 3 wax approximately.

  • Scams and other thing are very secure by using this platform because not verified users can't be to trades in the market.

  • By using the minted services you can do templates you NFT and can be use for verifiable shoratge.

Disadvantages:

  • As you would probably face on big problem that system timeout am doing the transaction for 10 mins and it ain't executed but finally by refreshing many time the problem resolves.

  • They also connect their wallets by Metamask and other known exchanges because bittrex ain't provide services in some countries and from that you have to buy the wax via crypto assets and than make trades that make costly.

  • Newcomers in beginning get confuse to face many features that it provide but this drawback overcome in shorter time because of consistent trading in platform.

conclusion:

As Atomichub providing low fees and free NFT's will enhances people to do more trade because, as people are not aware of digital currency crypto and many other platform so in future it will boom the market more but people are still aware and making good profit as you all aware of the tweets were sold in millions though this things enhances and emphasize people to join the platform. There are many more markets that are providing excellent services but I choose this because my mentors guide me this and its quite simple seems to be impressive.

Cc:
@levycore

Regards;
@salemumar5

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 3 years ago 

This is my repost for professor @levycore. It is not verified due to less SP in wallet. Now I have more than 100 SP in my wallet, Kindly verify it.

https://steemit.com/hive-108451/@salemumar5/steemit-crypto-academy-season-2-selling-and-buying-nft-by-salemumar5-for-levycore

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