HOW TO BUY HYPERNOTES NFTs FROM OPENSEA
A Beginners Guide
JUST 3 LITTLE STEPS
OpenSea is one of the most prominent NFT markets (non-fungible tokens) and everyone wants to know how to buy NFTs on Opensea. These tokens provide several benefits, including excellent transferability and authenticity.
However, to gain all of these advantages, you must first purchase your NFTs.
In this guide, we will go through how to buy Hypernotes NFTs on the OpenSea marketplace in great detail. Even though the blockchain technology behind this procedure seems to be sophisticated, acquiring your Hypernotes is extremely simple.
Following are 3 step processes that show you how to buy NFTs on OpenSea.
STEP 1
LINK YOUR CRYPTOCURRENCY WALLET
To begin trading on OpenSea, all you need is a wallet that can contain NFTs. The site is currently connected with the following cryptocurrency wallets: MetaMask, Coinbase Wallet, WalletConnect, and Fortmatic and soon you can buy NFTs on OpenSea.
Go to the OpenSea website and klick the profile symbol in the upper-right corner
Choose „Profile“ and klick the „Get MetaMask“ button. You will download the extension for your browser. (follow the steps on your screen)
You will be directed to the „Welcome to MetaMask“ page. Just click the „Get Started“ button.
Choose „Create Wallet“ and set up your password. Write it down to remember – it is your backup access to your MetaMask account.
Click „Next“ to confirm your secret phrase. You really have to write this down or take a photo. It is very important.
Arrange your secret phrase correctly and then press the „Confirm“ button.
Congratulations – you set up your MetaMask account. Now you have to connect it with OpenSea.
Go back to the OpenSea tab in your broser and click again on MetaMask. (It also appears now in the top of your browser as an extension)
The MetaMask extension will open a new window, where you can click on „Next“ to connect your wallet to OpenSea. Voilà…you did it.
Once your wallet is linked, you may create a profile on the site. This is not necessarily required, and many users want to remain anonymous. In this situation, OpenSea will issue your account a six-digit random alphanumeric number to serve as a placeholder for your account name.
Many people do name their accounts and include profile pictures and biographies. It is entirely up to you how you want to utilize this wallet.
You will be able to purchase NFTs, make offers, list NFTs you hold for sale, and sign other transactions to make changes to your account now that your wallet is linked.
OpenSea is mostly based on the Ethereum blockchain, and it takes both Ethereum and wrapped Ethereum.
The platform just incorporated the Polygon network, which is a Layer 2 on Ethereum. This implies that you can buy and sell NFTs on the Polygon chain using Match or Ethereum.
OpenSea may eventually support more blockchains, becoming an even bigger NFT marketplace, although no announcements have been made as of yet.
STEP 2
SELECT AN NFT TO PURCHASE (OF COURSE FROM HYPERNOTES)
Head towards the collection where you will find this link which will take you to the OpenSea website where you’ll get the opportunity to buy these super rare Hypernotes.
In our case, we want to buy HYPERNOTES NFTs so go to HYPERNOTES websites, or you can directly browse the HYPERNOTES Collection on OpenSea.
Just choose the NFT you want and click on it and then on „Buy it“ or „Make an Offer“
STEP 3
COMPLETE THE PURCHASE
Some NFTs are offered with Buy Now pricing, while others are on auction, where you may place bids in the hopes that your offer would be approved.
In the case of Hypernotes, you must transmit the offer and then wait for it to be accepted.
When you buy an NFT at the Buy Now price, you are paying Ethereum plus gas to get possession of the asset. When it is up for auction, you place a bid in „wrapped“ Ethereum for the amount you are ready to pay.
When an NFT gets an offer, Opensea will notify the owner through the email address associated with their account. If they accept the offer, they will sign the transaction on their behalf, and you will obtain ownership after it has settled on the blockchain.
It is difficult to tell which is superior when making a buy. Holders may market NFTs at whatever price they like, thus you should not always expect to receive a good bargain when making bids.
The key difference is that when you buy at the Buy Now price, you instantly lock in the transaction. If you bid, your offer may not be accepted, or you may be outbid before the auction finishes.
You have to accept by clicking the „I Understand“ option. Our OpenSea Collection is not yet reviewed, but we hope it will be soon.
Choose the WETH amount, or how high your offer will be. Just click „Make Offer“ and there you go.
Signing the Agreement and Paying the Gas Tax
You have chosen the precise non-fungible token you want, and it is time to start the transaction. The website will initiate a transaction in your wallet, which you must then authorize.
This is where you must pay the network’s gas cost in addition to the price of the NFT.
Check that you have enough money in your wallet to cover both. When the big markets (the United States and Asia) are sleeping, gas prices are often somewhat cheaper.
Who is responsible for the Gas fee?
There is a variation in who pays the gas cost depending on whether you „Buy Now“ or make a bid. When you click „Buy Now,“ you pay the gas charge as the buyer; however, if you place a bid and the seller accepts it, the seller pays the gas cost.