Undoubtedly, digital assets in the form of NFTs have grown into a universal occurrence, including in Lebanon and the MENA region in general. If you are in Lebanon and intrigued by the concept of NFTs, you have come to the right place. In this guide, we explore details on how to buy NFT in Lebanon. We will provide you with the knowledge and tools you need to navigate NFTs‘ exciting landscape with confidence.
Best Way To Buy NFT In Lebanon
First, it’s essential to obtain a digital wallet as it enables you to securely store NFTs and cryptocurrencies. This enables you to get your hands on a variety of cryptocurrencies such as Ether, Bitcoin, Dogecoin, and more. You can purchase these using a credit card through platforms such as Coinbase and Binance.Â
Once you have completed that step, you will be able to easily move it from the exchange to the wallet of your choice. However, it’s important to note that many exchanges set fees on your transactions when you buy cryptocurrency.
After setting up your wallet, you will need to explore various NFT marketplaces. Luckily, there are numerous NFT platforms available for you to browse through. Here are some of the leading NFT marketplaces:
OpenSea
The nearest equivalent of an NFT superstore is OpenSea. It is one of the biggest NFT marketplaces worldwide. Its enormous selection includes NFTs to suit any budget. A gas-free version is also available without any blockchain fees for those looking for ways to reduce costs. Check out Opensea for its massive collection of digital assets.
Axie Infinity Marketplace
The Axie Infinity Marketplace is the NFT trading platform for one of the most popular cryptocurrency video games. It allows players to buy and sell NFTs for the animals, goods, and land featured in Axie Infinity. Because the game requires three Axies to start off, using its marketplace is the one of the most efficient methods to get started with NFTs.
Foundation
Foundation is an NFT marketplace designed for digital art enthusiasts, both creators and collectors. This marketplace provides a large selection of art NFTs and ensures that the original creators receive royalties on each transaction. However, the fees can be expensive, and because this is an art marketplace, there are no other forms of NFTs available.
Rarible
Rarible is an accessible NFT platform that is accessible to both novice and professional traders. It not only has a diverse selection of NFTs, but it also supports a variety of blockchains, allowing customers to save on gas prices.Â
While there are many NFT artists and collectors on these and other platforms, you must ensure that you complete the necessary research before making a purchase.Â
Takeaways
The emergence of NFTs has spread throughout the world, including Lebanon and the larger MENA area. With this guide, you can now confidently begin your NFT journey and explore the world of creativity, investment opportunities, and digital ownership. Follow this guide to buy NFT in Lebanon.
