Since the NFT platform account was already created in step one, users will now have to complete registration with the Crypto.com App. It was a new collection entitled “Greater Heights” by Marvel artist BossLogic. Within 24hrs of going live, the “Greater Heights” collection from BossLogic completely sold out. Some of the digital artwork is already being resold on the platform, with editions going for more than $5000.
Furthermore, you can also browse and purchase curated NFTs that were previously dropped, as well as a variety of other NFTs created by users in our open marketplace. Once completed, the two accounts will connect, and users can browse the NFT platform for an NFT to purchase. NFT stands for a non-fungible token, which represents unique, irreplaceable assets that live on the blockchain. In-game assets, digital art, and collectible-related projects are the most prominent NFT use cases today. Please note that the availability of the products and services on the Crypto.com App is subject to jurisdictional limitations.
NFTs can also contain smart contracts that could include royalties for artists for future sales. An NFT, or “Non-Fungible Token”, is a type of digital asset. These NFTs are unique and one of a kind and can be bought or sold like any other piece of property or artwork. In this Crypto.com NFT review, we’ll take a look at how to buy and sell NFTs on Crypto.com.
Can I sign up with my existing Crypto.com account?
The brand page shows NFTs created in partnership with famous brands, such as the UFC and the Philadelphia 76ers. First, create an account with the Crypto.com App if one has not yet been created. Once that’s complete, the app can link to the original Crypto.com NFT platform account. Navigate to the NFT section within the app, as shown in the above image. Once that’s complete, connect it with your NFT platform account. Connecting them allows users to have the two accounts synced up seamlessly.
When assessing an NFT, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility. These details give a great insight into the collection and show what different options there are when buying. In the following step, this article breaks down how to get the Crypto.com App connected with the NFT platform. From signing up on the Crypto.com NFT platform to making that first NFT purchase, this article has you covered. Check out our guide on Rarible and how to create and sell NFTs. Leading this brand new venture is Crypto.com’s newly appointed Executive Vice President Global Head of NFTs, Joe Conyers.
Your personal data & privacy is important to us & will never share your information with 3rd parties. Payments with the Crypto.com App are incredibly easy to make. Simply scan the QR code shown on the screen with your crypto.com app and confirm the payment.
And the collection of NFTs they’re making available will capture the very first moments of their return to F1. All examples listed in this article are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, or offer by Crypto.com to invest, buy, or sell any NFTs.
Once that is done, users will be able to unlock the features of the NFT platform by verifying the account with a phone number. Click the “Sign up” button in the top right corner of the homepage, or use the link here. To create an account, all you need is to enter your email address and set up your password. You are required to verify your email address and phone number, provide your full name and set up a username to complete your registration. Note that phone verification only allows for limited access to Crypto.com NFT features. For full access to our platform, you are required to have an active Crypto.com App account.
You can sign up for the Crypto.com App account using the link here, and activate the account by completing the verification in the app. If interested in buying an NFT with cryptocurrency, users can load their Crypto.com App and use that. To do so, select the ‘Trade’ button on the homepage of the Crypto.com App.
What are the rules for a Crypto.com NFT username?
By clicking the Get Started button you acknowledge having read the Privacy Notice of Crypto.com where we explain how we use and protect your personal data. Past performance is not a guarantee or predictor of future performance. The value of NFTs can decrease as well as increase, and you could lose all or a substantial amount of your purchase price.
Metamask, WalletConnect, and “Other Cryptocurrency Wallets” allow you to pay using the tokens that are listed on Defi Swap. If you’re unfamiliar with Defi Swap, check out my tutorial here. When making your payment, you can use Crypto.com App, Metamask, WalletConnect and Other Cryptocurrency Wallets.
What’s Next? Finding the Right NFT for You
The aim is to accelerate the world’s transition to cryptocurrency, with NFTs being the next step. If you are accessing via a mobile device, click the hamburger icon on the left to first open up the navigation menu. Then, click the language displayed at the bottom of the navigation menu. If you are accessing via a desktop browser, directly click the language displayed on the right of the navigation menu. In contrast, fungible assets have units that are interchangeable with one another, such as bitcoin or the dollar bill.
Returns on the buying and selling of NFTs may be subject to tax, including capital gains tax, in your jurisdiction. Three options, as mentioned above, are available when purchasing an NFT — ‘Buy For’, ‘Make an Offer’, and ‘Place a bid’. To buy an NFT, purchasers can use a balance on the NFT platform , a credit/debit card, or cryptocurrencies, such as USDC, USDT, CRO, ETH, and BTC. On the NFT platform homepage, users can see the upcoming ‘Drops’ that Crypto.com offers. Users can also navigate to the NFT platform page to explore and see the current top collections.
Crypto.com may not offer certain products, features and/or services on the Crypto.com App in certain jurisdictions due to potential or actual regulatory restrictions. The purpose of this website is solely to display information regarding the products and services available on the Crypto.com App. It is not intended to offer access to any of such products and services. You may obtain access to such products and services on the Crypto.com App. When searching for listings, it’s helpful to get a broader picture of an NFT by checking out its collection page. The Crypto.com collection page holds detailed stats of the collection, including floor price , the number of owners, collection size, and the volume traded in total.
If connected to the app, users can purchase NFTs the same way as the first option or choose to use crypto stored on their Crypto.com App. The platform is dedicated to delivering unique content to collect and trade from the most popular artists, musicians, and sports. These include the likes of Aston Martin, BossLogic, Boy George, Snoop Dogg, and Lionel Richie.
Plus, this is instant, and there are no network fees to pay. This will then provide you with the description of the NFT, plus the description and cost. You can also “view available editions” to choose a specific one. Crypto.com NFT is looking to become the world’s largest and most user-friendly NFT platform.
With the rise in popularity of NFTs (Non-Fungible Tokens), it’s no surprise that the one-stop shop for crypto, Crypto.com, has jumped in on the act. Crypto.com will offer unique digital content from Bosslogic & Snoop Dogg on their new Crypto.com NFT platform. This is great for those who might miss out on a drop and still want to get their hands on these popular NFTs. For those looking to make a bit of money on the artwork that they’ve purchased. In the same way as cryptocurrency, the ownership of your NFT is recorded on a blockchain. Therefore records cannot be forged as it’s maintained by computers all around the world.
After spending 20 years working in London in cyber security, she left the corporate life after having her second child in 2018. Louise now travels the world with her two small children trying to make the most out of life. Any collector or fan can pay for NFTs, regardless of whether they are a crypto.com user. Users can pay with a single click with a credit or debit card.
Select ‘Buy’, and an option to pick a cryptocurrency will appear. It is recommended to buy one accepted on the NFT platform, such as USDC, USDT, CRO, ETH, and BTC. Now, your cryptocurrency will be available for purchasing an NFT. For more information on how to load your account, visit here. If users have chosen option two, this step will outline connecting the Crypto.com NFT platform with the Crypto.com App.