How to buy NFTs?

Created by WazirX NFT, Modified on Sat, 25 Jun 2022 at 01:35 PM by Imran Khan

How to buy NFTs?


Prerequisite: The buyer needs to have a Metamask/Binance wallet and it should be connected to the WazirX NFT platform.


Step 1: Log in to the WazirX NFT marketplace platform using Metamask/Binance wallet ID


Step 2: Click on 'Buy'


Step 3: Confirm the transaction in your wallet.


Step 4: Congratulations! You are now the owner of an NFT.



mceclip0.png
Please watch this video for better understanding and reference.

 



How to burn an NFT?

Burning an NFT might sound complicated at first, but luckily our NFT marketplace makes it easy for anyone to burn their non-fungible token if required.


  • Click onto the NFTs page you want to burn.
  • Click "Manage"
  • Choose "Burn"
  • Click "Confirm" to delist the NFT.
  • Proceed by clicking "Confirm" again and Burn the NFT.
  • After clicking "Burn", your connected wallet will prompt you to confirm the transaction by paying the gas fee required to complete the process.

                                                                
burn-hd.gif

 Please watch this video for better understanding and reference.
 



Note
 - Burning the NFT is an irreversible process. Re-uploading the same NFT will require the same steps as the original upload. 

 

 

How are the items in sales priced?


There are two pricing models: The fixed price model and the Auction model. In the fixed-price model, the seller/creator sets a fixed price for the item and the buyer gets the item at its fixed price. In the auction model, the item is given a minimum bid amount and an auction end date. The buyer can place bids that are 5% greater than the previous bid within the auction period. The seller can end the auction early by cancelling the auction and refunding the highest bidder or by ending the auction early thereby the current highest bidder wins the auction.


 


Are there any fees for making purchases? 


The WazirX NFT platform does not charge any fee for the creation & listing of NFT. There is a sales commission of 5 percent on the total transaction fees as platform fees and gas fees. The gas fee is used to pay the miners who verify transactions.


 


How can I buy an item for the sale?


Items enlisted in the primary and secondary sales can be purchased. Payment should be performed using a wallet that supports BNB/WRX tokens. After choosing the preferred wallet, follow on-screen instructions to connect the wallet and finish the payment process.


 


Can I report an artwork or collectible? 


Yes. Please reach out to us at nftsupport.wazirz.org


 


Can I gift or send a collectible to someone?


Yes, a collectible can be transferred.


 


The offer I made wasn't accepted. When will I get my refund?


When you make an offer, money is not withdrawn from your wallet. The money would be sent to your wallet if the offer is accepted.


 

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us how can we improve this article!

Select atleast one of the reasons

Feedback sent

We apprciate your effort and will try to fix the article