How to Buy My First NFT on Featured by Binance
Featured by Binance offers a wide range of NFTs you can buy with cryptocurrency. Before getting started, make sure you’ve already connected your wallet to Featured and have deposited enough cryptocurrency (BNB) in it.
After connecting your wallet on the Featured homepage, there are multiple ways to find NFTs.
First, you can click the “Search Bar” at the top of the website and input the name of the NFT Collection, or user you're looking for.
You can also look at the [Exclusives] section. Click the button to view collaborations with artists and creators on the Featured Marketplace. Note that exclusives are only available for a short period of time. If you missed out on an exclusive drop, you might be able to find it on the secondary market.
You can also visit the “Spotlight section” below the main banner that highlights our top NFT artworks and Collection picks.
If you want to view a larger variety of NFTs on the platform, click the [Browse] button to find more.
You can purchase NFTs on the platform at a Fixed Price or in an Auction.
In a fixed price sale, the seller sets a specific price for the asset that a buyer must pay.
The price of the NFT can be seen on the right side of the screen, along with other relevant details. Click the [Buy Now] button to begin the purchase process.
Confirm your purchase by clicking [Buy Now] again, and sign the transaction with your connected wallet that supports Binance Smart Chain.
Once the transaction is confirmed on the blockchain, you’ll be the proud owner of your newly purchased NFT!
In an auction, the seller sets a minimum price and a period of time for the auction to run. Buyers place increasing bids on how much they are willing to pay for the NFT above the minimum price. The NFT is sold to the highest bidder at the end of the sale.
The current bid, time left, and other details can be seen to the right of the NFT. Make sure you enter a bid that is larger than the current one before selecting [Place Bid].
Confirm your bid by clicking the button again, and sign the transaction with your Binance Smart Chain connected wallet. Once the transaction is confirmed on the blockchain, you will have successfully placed a bid on the NFT. If there are no higher bids placed before the auction ends, the NFT will be yours!
To view all the NFTs you have purchased, click the username button in the top right corner and click on [My NFTs].
You can then see all the NFTs you have purchased in the NFT Dashboard.
Get started with your NFT journey on Featured by Binance, buy an NFT today!