The first thing that you will need to do is open up is a custodial cryptocurrency account. Search in cryptocurrency well yield a bunch of results. My personal favorite custodial is called Coinbase. Coinbase has a trading platform called Coinbase Pro, a Wallet called Coinbase Wallet, and a custodial account called Coinbase. Theses apps are separate so you’ll want to search the app stores to find all of them.
Next open up the app called Coinbase and set it up. You will need a bank account, a credit card, or debit card to buy cryptocurrency tokens. Find a token call Ethereum or ETH. You will need to buy this token. I recommend you buy at least at $100 plus worth. Once the purchase is complete move this over to your Coinbase Wallet. There is a gas fee associated with this so be prapaired to loose some ETH in the process.
It will take a little time for your ETH to move over so you can take this time to search for OpenSea a blockchain for NTF collectibles. It is best to go through a web browser as your setup because the app is limited to a few wallets. Set up your account. In order to complete your account you will need to connect your Coinbase wallet to your OpenSea account. If you used the web browser to set up your account then it will be easy. Just select Coinbase as your wallet and the Coinbase Wallet app should open up with your OpenSea account showing inside it.
Important to note: bookmark your account inside of the wallet app so you can return to it as you need to.
Now that you have your OpenSea account completely set up, you can set your name, set your avatar and poster background, and start your creation or collection of NTFs. to mint. You will need ETH in your wallet to buy and collect NTFs and there are fees associated with doing this so be prepared to have $1000 dollars or more of ETH available.
Important to note: if you list your NTF on the MATIC chain you will not have to pay gas, however this chain will get a cut of the profits upon a sale.
It is important to know that you can only access your OpenSea account in your wallet. When you buy NTFs they collect in your wallet. NTFs are nothing more that digital files so make sure the seller has real access and storage for the files you purchases. If you are a creator you will pay fees to create a NTF on the OpenSea blockchain. You determine the factors that guide the sales of the NTFs such as the listings, the amount you earn, the name, and the description. Welcome to the NFT marketplace.
Thank you for reading this info on how to set up a wallet on OpeanSea to buy, sell, maintain, and trade NFTs I hope this was a helpful simple guide.
Check out my NFT gallery on OpenSea.