From art and collectibles to gaming and music, NFTs are creating huge value and distributing it among creators and investors alike. But why are NFTs so in demand and how can you buy them?

Why are NFTs so popular?

NFTs are popular because they are a way of making something probably unique and therefore more valuable. Just like Bitcoin made digital money valuable and unique, NFTs are doing the same for digital assets. For a deep dive into all things NFTs, check out our in depth academy post .

How to access NFTs

If you want to jump into the world of NFTs then Metamask should be your first port of call. Metamask is a browser plugin that doubles up as an Ethereum wallet. It’s free, easy to use and has a cute fox logo. What’s not to like?

Not all banks are crypto friendly. In fact, many banks actually boot out their customers once they find out they’ve been using cryptocurrency. Luckily for you, we’re different. We’ve been crypto natives since day one and that’s why Nuri is the best place to buy crypto and cash out your earnings from NFTs into euros.

How to buy NFTs

There are hundreds of reasons to buy an NFT. Perhaps you want to support your favourite creators. Maybe you’re working on creating a collection of digital art. Once you develop a sharp eye for trends, you could even buy NFTs to lend out and earn money. Either way, a journey into the world of NFTs starts with buying one. Here’s how to get started.

  1. Send Ether to your Metamask wallet from your Nuri wallet or vault
  2. Browse NFT marketplaces like Opensea and Rarible
  3. Buy your NFT using Ether from your Metamask wallet
  4. Congratulations, you just became a collector.

Selling NFTs for Euros

Considering how fast NFT prices can shoot up, you might think you’d be crazy to sell one when you could hold on for more. But if you’re an artist, selling your work is probably your number one goal. For collectors, selling is a personal process that depends on your goals and motivations. Regardless of whether you’re an artist or a collector, here’s how you can sell your assets and get the value back in euros.

  1. List your NFT on the platform of your choice
  2. Manage your sale by choosing your price or auction time limit (remember to factor in transaction costs, as well as gas fees and listing fees).
  3. Receive Ether in your Metamask wallet
  4. Transfer your Ether to your Nuri wallet
  5. Sell your Ether for euros in the Nuri app

Even though new use cases for NFTs are popping up every day, this is just the beginning. NFTs have the power to give creative communities an economy for the first time and we are witnessing an explosion of new, valuable assets. While this can be a little overwhelming at first, buying and selling them doesn’t have to be. Because we’ve made it so easy to send, receive and sell Ether, your whole NFT journey can start and finish with Nuri.