Getting Started with NFTs

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By the end of this lesson, you will have learned about:

  1. Setting up your NFT wallet
  2. Finding where to buy and sell NFTs
  3. Gas fees

Let’s dive in!

1. Setting Up Your NFT Wallet

To use NFTs, you need a digital wallet, kind of like a bank account for crypto and NFTs. It stores your tokens, keeps your assets safe, and lets you connect to marketplaces.

A crypto wallet is a secure app or browser extension that lets you send, receive, and store cryptocurrency and NFTs.

Best Wallets for Beginners:

  • MetaMask (very popular, works on Ethereum, Arbitrum, Polygon, and others)
  • Trust Wallet (great on mobile)
  • Phantom (if you want to explore Solana NFTs)

Security Tip: When setting up your wallet, you’ll get a 12-word secret phrase (also called a recovery phrase). Write it down and keep it safe. Losing it means losing access to your wallet forever.

2. Exploring NFT Marketplaces

Now that you have your wallet, it’s time to go shopping (or browsing!).

An NFT marketplace is like Amazon or Temu, but instead of shoes and gadgets, you’ll find art, music, collectibles, and more. 

Top Marketplaces:

  • OpenSea – The biggest one. Works with Ethereum and Polygon.
  • Rarible – More creator-focused, fun for making your first NFT.
  • Magic Eden – Great for Solana NFTs (cheaper fees).
  • Zora – Popular among artists and creatives.
  • Mintable – Simple interface, good for beginners.

3. What are “Gas Fees”?

In the crypto world, “gas” is the fee you pay to complete actions on a blockchain, like buying or minting an NFT. This is more or less a service charge you pay to process your request. The cost of gas varies across blockchains. While Ethereum typically has high gas fees, Polygon and Solana are much cheaper.