Minting is the process of validating information and recording it into the blockchain. It’s
how your digital art becomes a part of the Ethereum blockchain–a public ledger that is
unchangeable and tamper-proof.
Gas fees are payments that users make to compensate for the computation energy required to process transactions on the Ethereum blockchain. This is similar to the processing fees credit cards may charge for transferring money to various accounts or for paying bills.
1. Choose a Cryptocurrency Exchange (ex Coinbase or Binance,)
2. Fund Your Account: Provide the needed personal information and verify your
identity to sign up for an account.. Then connect your bank account or debit card
to fund your account.
3. Place an Order for Ethereum: After your account is funded, you’ll be able to trade
your fiat (local currency) for Ethereum.
4. Store Your Ethereum: a digital wallet is the most secure option. (e.g MetaMask)
Install MetaMask for your browser and add it to your Chrome extensions. Follow the
prompts to create your wallet. On the marketplace, select the wallet icon and connect
your MetaMask wallet. Go through the confirmation process and sign the contract.
Once you’ve verified your email you’ll be ready to buy your first NFT.
1.Once your wallet is connected to the marketplace and you have funds in
your wallet, you are set to go.
2. Select the NFT you want and click on mint.
3. Before you start minting, the MetaMask extension will pop up and with the
gas fees.
4. After reviewing the gas fee, click on Confirm, and your NFT will be minted.
The minting process can take a few minutes to process, depending on the
blockchain traffic. ETH will be deducted from your wallet only after the
transaction is successful.
5. After the minting is complete you’ll be able to view the NFT by clicking on
your profile.