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How to Buy NFT Art Finance (NFTART) [Complete Guide]
If you are updated on the latest crypto trends right now, you may have heard of a new kid on the block called NFT ART FINANCE.
But what exactly is it? Is it worth getting into?
This article has the answers to all your questions and more!
What the Heck Is NFT Art Finance?
NFT Art Finance (NFTART token) is a new cryptocurrency on the BINANCE SMART CHAIN that you can use to buy, sell, and create visual NFT art.
NFT Art Finance aims to be the default currency to create NFTs.
NFTART is described as a “hyper deflationary utility token,” meaning the token holders will receive 5% in passive income, and another 5% is burned on the blockchain.
What Does NFT Art Finance Have to Offer?
Firstly, it plans to create a decentralized network and implement unique features geared towards the art and music industry as a very artist-centered platform.
These include easy-to-access NFT marketplaces with curated sections and a secure connection for artists or musicians!
Secondly, NFTART Finance aims to create APPS so that NFT enthusiasts can create, trade, and sell NFTs from their phones through auction-style listings or spot sales.
Thirdly, All these data must be stored somewhere, so NFTART uses programs and cost-efficient data storage platforms like FILECOIN and IPFS.
Fourthly, the smart contract ownership has been RENOUNCED for the investors’ safety, meaning the code CANNOT be changed by anyone and has passed a full code audit.
Lastly, because of their DEFLATIONARY status, everything comes at super low transaction fees!
The creators initially priced NFT Art Finance at an incredibly low $0,0000000010 on April 22nd. Though the prices have fluctuated over time, they always remain A LOT less than a dollar!
It is kept at a super low price due to its huge supply of 10 QUADRILLION tokens, making it EXTREMELY HIGHER than other crypto assets.
How to Buy NFT Art Finance
Now that you know all about it, let’s get into HOW you can buy it.
1. Create a BINANCE account
Before you can buy NFT Art Finance tokens, the first step is to buy BNB TOKENS.
But to do that, you will first need to go to cryptocurrency exchanges. Specifically, you’ll need to create a Binance account.
Download the Binance app, and sign up!
Once you have your account verified, you can now purchase BNB tokens!
You want to buy as much as you want to invest in NFTART as these are the tokens that you will EXCHANGE for NFTART tokens.
2. Download TRUST WALLET and Buy BNB TOKENS
Trust Wallet is a multi-crypto wallet that stores BNB, NFTART, your collectibles, and other cryptocurrency investments.
And the signup process is just as easy. Just download the mobile app and create your account!
You can buy a Binance token (or a Binance coin) right off the Trust Wallet app:
- Open the Trust Wallet app, and scroll until you see BNB.
- Then, just enter the amount of BNB smart chain tokens you want to buy!
- You can also buy BNB by transferring it from another wallet. Click on RECEIVE on the Trust Wallet homepage, select BNB, and copy the address to transfer BNB over.
IMPORTANT NOTE: Remember to have the correct token address!
3. The Swap (Exchanging Your BNB)
Once you have your BNB, it’s time to SWAP!
- On the Trust Wallet app, select MORE or DEX at the bottom and swap your BNB tokens to SMART CHAIN. When you are done, you will see on the homepage that your BNB has transferred to SMART CHAIN. (Note that Binance Coin and the Binance Smart Chain transfer network use different token addresses.)
- After you see your BNB token balance on Smart Chain, select the BROWSER or DApps tab on the bottom and look for PancakeSwap. PancakeSwap is where you will EXCHANGE your BNB tokens for NFTART tokens.
- Once you have selected PancakeSwap, tap CONNECT WALLET on the upper right, and you can now connect to a wallet.
- Select Trust Wallet, since that is the one we are using, then head to the EXCHANGE section. Your BNB should be selected as the currency you will transfer, and then select NFT Art. You will need to copy and paste the NFT Art Finance contract address manually (if you have not added it before). To do that, you can find it at this link. Look for the Contract Address, and COPY it.
- Once you have copied it, go back to PancakeSwap and PASTE the address. Once you paste it, you should see NFTART show up, and you can now select it.
- You can then input however much BNB you want to exchange into NFT Art Finance coins. In case you get an error, you can adjust the SLIPPAGE by going to SETTINGS and setting it to ideally 11 or 12%.
- Afterward, you should see a confirmation screen of how much you are getting and the BSC transactional fees.
- Once you are done, you can toggle NFT Art Finance onto the homepage, and you can see your NFTART balance!
And there you go! You have successfully exchanged your BNB tokens to NFT Art Finance Coins and can now make your first crypto purchase!
How to Buy NFTs Using NFT Art Finance Coin
The Norwegian crypto and tech company Enter (enter.art) is one marketplace where you can buy NFTs using NFTART after exchanging them from Binance coin.
The NFT ecosystem Enter runs on Binance’s smart contract network and offers easy minting and royalty splitting of future resales of NFTs.
This makes your wallet holdings increase over time with the value of your works!
NOTE: You will need a wallet that’s compatible with the Binance Smart Chain network and NFTART tokens.
Once you have your NFTART Finance token and some BNB to cover the transaction fees, you can head to Enter and connect your MetaMask wallet or whichever wallet you have.
From there, you can buy NFTs to your heart’s content!
Should You Invest in NFT Art Finance?
Much like any other NFT project or cryptocurrency, you always want to do prior research, seek financial advice, and consider the risks that come with investing.
If you have enough money to spare, then by all means, invest in NFTART as it has great potential!
Because NFTART is a very art-centered platform, it gives artists a chance to shine and let themselves and their brands be known.
It also promises a more CURATED and CONVENIENT platform for artists and musicians (anyone really) to mint and sell NFTs.
It also has the potential for investments to skyrocket, from a small amount like $50 to $50,000! (Remember that this is not investment advice and just one’s opinion.)
However, there are a few issues. Of course, there is that potential that the prices will FLUCTUATE and could get more expensive over time.
The low market cap puts NFTART at risk of being more volatile compared to others.
BUT, again, these are just one’s opinion.
Conclusion
It is up to you whether you think investing is a good decision or not.
Our best advice: Remember to do prior research and seek advice from a professional!
While NFT Art Finance is still a fairly new cryptocurrency, there is still a lot of time and room for updates to see if it is worth it or not.
But one thing is for sure — it is growing to be one of the most popular BSC tokens out there!
