In order to create (mint) and collect (buy) NFTs you will need some crypto in your connected wallet.
First, you'll need to find a cryptocurrency exchange that operates in your region.
Coinbase is a well-known cryptocurrency exchange that operates in many countries. It offers a user-friendly interface that makes it easy to buy crypto.
Contents:
What are the steps to fund your wallet?
What are some cryptocurrency exchanges?
What kind of crypto should you buy?
How to send crypto to your MetaMask wallet
What are the steps to fund your wallet?
There are 5 steps to fund your wallet in order to create and collect NFTs:
1. Choose a cryptocurrency exchange.
2. Create and verify your account.
Please note that because cryptocurrency exchanges are regulated, you will be required to provide personal information and government-issued ID such as a driver's license or a passport. This is a process known as KYC (Know Your Customer).
3. Deposit fiat currency (cash).
You might be able to deposit money into your exchange account by linking your bank account, sending a wire transfer, or by using a debit or credit card. Depending on the exchange and the method, you may have to wait a few days before you can use the money you deposit.
4. Buy crypto.
5. Send your crypto to your non-custodial wallet (such as MetaMask).
What are some cryptocurrency exchanges?
- Coinbase (Global)
- FTX (Global)
- Kraken (Global)
- Binance (Global)
- Cash App (US)
- FTX US (US)
- Gemini (US)
- Netcoins (Canada)
- CoinJar (Australia)
- Anycoin Direct (EU)
- Luno (Africa / Asia)
- BtcTurk (Turkey)
For a full list of cryptocurrency exchanges, visit: List of cryptocurrency exchanges by country
What kind of crypto should you buy?
OIX currently supports the Ethereum network and the Polygon network, so in order to create NFTs on OIX, you can either buy Ethereum (ETH) or Polygon (MATIC).
Ethereum is a busier network, so creating (and collecting) NFTs on Ethereum tends to be more expensive. If you're interested to learn more, you can check out Ethereum's help article Gas and fees.
Polygon is a layer 2 solution that runs on top of the Ethereum network. Creating NFTs on the Polygon network costs much less in gas.
If you are buying an NFT, you will need to buy it with the currency of that NFT's network.
How to send crypto to your MetaMask wallet
In order to send Ethereum or MATIC to your wallet, you will need your wallet's address.
To find your address, open MetaMask and look for a string of numbers that begins with 0x. To copy your address, click on the two squares beside it.
If you are sending MATIC to MetaMask for the first time, you will also need to add the Polygon network to MetaMask.
Make sure you choose the Ethereum network if you are sending ETH, and the Polygon network if you are sending MATIC.