Top 5 Exchanges for Buying NFTs

Do you remember the story about the one guy way back when who used 10,000 Bitcoin to buy a couple of pizzas? Back then the estimated value of 10,000 Bitcoin was only $41. Today it would be worth around $300 million. While Bitcoin and other cryptocurrencies aren’t going anywhere, a new financial market and investment opportunity is also emerging. NFT Exchanges. Almost everyone hears about NFTs nowadays, but not everyone truly understands what buying NFTs means. Here are the top 5 exchanges for buying NFTS and selling them, too.

NFTs? What Are They?

Before we look at the top exchanges for buying NFTs, we need to understand what NFTs are. Non-fungible tokens, or NFTs, are a unique piece of artwork or identification that you have exclusive ownership of. Each NFT is a unique creation, and only a specific amount of each will ever be in existence. Each one comes with it’s own unique serial number that verifies its authenticity, as well as you as its owner. 

NFTs can be anything from music to sports to gaming. There is truly a limitless number of options, each with its own unique privileges and benefits. Some even grant real-life benefits. For example, recently a market has emerged for horse NFTs. Users can buy a virtual horse that they can then visit in the metaverse. This virtual horse also corresponds with a real-life horse that competes in events and races. Owners of the horse’s NFT can gain free access to certain events and even go behind the scenes to see the horse in the stables. And that is just one of the limitless possibilities. Now, let’s take a look at our top 5 exchanges for buying NFTs.

Crypto.com

One of the biggest names in cryptocurrency exchange is also a top option for buying and selling NFTs. Along with its vast market of crypto, Crypto.com also holds one of the largest NFT markets in the world. Users can choose from any number of options like music, gaming, social and more, and can access millions of other buyers and sellers.

One of the largest benefits of buying NFTs through Crypto.com is the convenient ability to purchase using an existing crypto balance. Put simply, users can buy and sell NFTs from the same account that they trade cryptocurrency. By offering a massive marketplace and low ETH fees users are sure to enjoy Crypto.com.

OpenSea

The next exchange on our list is OpenSea. Home to one of the largest NFT marketplaces, as well as one of the largest user databases, OpenSea is extremely popular. As with other entries on the list users have a truly endless selection of options. Since opening in 2017, OpenSea has done over $500 million in NFT sales alone.

An extremely user-friendly website design means that users can confidently open an account without fear of issue. OpenSea also provides users with a list of in-depth statistics that accurately assess and help you manage your inventory. With its high-end features, it’s easy to see why OpenSea has such a large customer base.

Mint Songs

Our next exchange is perfect for big time music enthusiasts. Operating exclusively with creators, Mint Songs allows artists to turn their content into exclusive NFTs. Anything from songs, album cover, clips, and more is available as NFTs on Mint Songs.

The site also has a sort of nostalgic feel to it as users collect and assemble their inventory like a record collection. They can then buy, sell, and trade to build up their collection. If you love music and collecting records, Mint Songs is perfect for you.

NBA TopShot

Are you a basketball lover? Then you need to check out the NBA TopShot exchange. On the site users can buy, sell, and trade highlights, photos, and more of their favorite teams and players. Users can choose from a variety of moments from their favorite teams in the NBA, WNBA, and more.

If you love sports but the NBA isn’t your thing, don’t worry. Similar marketplaces can be found for any of your favorite sports, so you can truly get in on the action with your teams. 

Nifty Gateway

Last but not least, is Nifty Gateway. Working exclusively with artists, Nifty Gateway is one of the top options for exclusive NFTs. The site boasts that users can see huge savings on Ethereum, and the site is host to some of the biggest names in pop culture. Music artists like Eminem and the Weeknd had exclusive releases on the exchange, and many other huge names have done the same. If you are looking for rare or highly unique NFTs, Nifty Gateway may be perfect for you.

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