9 Best NFT Marketplaces In India To Buy Your First NFT

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9 Best NFT Marketplaces In India To Buy Your First NFT

 

For many artists, selling digital works has become challenging due to the unexpected rise of NFT markets. So, in this post, we discuss some of the well-known NFT exchanges that can meet all of your demands for trading NFTs.

The peer-to-peer NFT Marketplace Development is a platform for the virtual economy. This enables artists to display and advertise their works of art as digital tokens, and purchasers and investors can acquire those jpegs as an asset. It is very similar to making an online purchase using your electronic wallet.The Artist has a number of options after establishing the potential value of this Non-Fungible Token (NFT), including listing the NFT at a fixed price or conducting an auction in which the winner receives the NFT.

 

India’s Top NFT Marketplaces

You will need a cryptocurrency wallet, like Metamask, Trust Wallet, or another type of digital wallet, to start the process of purchasing your first NFT. Additionally, you can use your digital cryptocurrency wallet to buy these digital assets on the NFT Marketplace. Here is a list of some of the best NFT marketplaces that you ought to visit.

 

WazirX

WazirX is an Indian cryptocurrency exchange that was established in 2018 and has more than 7.3 million members. The cryptocurrency trading platform Binance bought the platform. They launched the NFT marketplace for local and traditional artists. The platform is well-known for hosting its first NFT exhibition and for being an excellent choice for newcomers. Users are charged 5% of service fees, and creators are allowed to keep the remaining proceeds. By November 2021, the platform had registered $38 billion in trade in a record year. It even crashed as a result of strong user activity following news of the Indian government’s decision on a cryptocurrency bill.

Jupiter Meta

Jupiter Meta just announced the opening of India’s first fully curated marketplace for innovation. Its main goal is to produce unique metaverse experiences through music videos and video games. Their digital art, NFT of food, landmarks, and beaches serve as the “Icons of Singara Chennai ” cities’ culture. It was established in 2021 to trade NFT as well as numerous cultural and artistic spheres integrated within its metaverse. The marketplace provides a specialized experience and predetermined prices. The platform has no gas fees and is supported by level-1 Rubix blockchain technology.

Bollycoin

This marketplace is referred to as the link between blockchain and Bollywood. An NFT marketplace called Bollycoin is devoted to selling items that were influenced by Bollywood films. The site just presented their Dabangg collection, which was created in partnership with Salman Khan. In addition, the market sells additional collectibles like movie stills, posters, and snippets. Users can buy NFTs with their cryptocurrency coins and earn royalties based on their activities.

BuyUCoin

Founded in 2016, BuyUCoin is one of the major crypto exchanges in India that serves over 350,000 customers and processes over $300 million-plus in digital asset transactions. The company has announced that its mission is to bring crypto into billions of Indian pockets. It enables users to buy and sell and trade 33 cryptos, including Ethereum, Bitcoin, Ripple, Stellar, among many others. The site costs consumers a 0.24% creator fee.

 

The platform also has a dedicated NFT Development Services that has a UI very similar to Opensea and hosts some of the popular NFT projects that are up for grabs.

 

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