Are you curious about the world of NFT tokens? Well, you’ve come to the right place! In this article, we’ll explore the top 5 NFT tokens that you should consider buying for July 2021, as well as a simple guide on how to purchase these digital assets.
1. **Decentraland (MANA):** Decentraland is a virtual world built on the Ethereum blockchain where users can buy, sell, and develop parcels of digital real estate. MANA is the native token of Decentraland, used for transactions within the platform. With the increasing popularity of virtual worlds, investing in MANA could be a promising choice.
2. **Enjin Coin (ENJ):** Enjin Coin is designed for the gaming industry, enabling developers to create and integrate blockchain assets into games. As gaming continues to evolve, ENJ has the potential to become a valuable asset in the world of NFTs. Keep an eye on this one for potential growth.
3. **Chiliz (CHZ):** Chiliz is a blockchain platform for sports and entertainment, allowing fans to purchase branded Fan Tokens that provide access to exclusive content and voting rights. With partnerships with major sports teams, CHZ has seen significant interest in the NFT space.
4. **Theta Network (THETA):** Theta Network focuses on decentralized video streaming and tokenized bandwidth sharing. THETA token is used for governance and operations within the network. As the demand for decentralized video streaming grows, THETA could be a valuable addition to your NFT portfolio.
5. **Axie Infinity (AXS):** Axie Infinity is a blockchain-based game where players can collect, breed, and battle cute creatures called Axies. AXS is the utility token used in the Axie Infinity ecosystem, with various use cases within the game. Given the success and growing community of Axie Infinity, investing in AXS could be a smart move.
Now that you have an idea of some promising NFT tokens, let’s talk about how you can buy them. Purchasing NFT tokens is a straightforward process, but it’s essential to do your due diligence and use reputable platforms. Here’s a simple guide to help you get started:
1. **Select a Cryptocurrency Exchange:** Choose a reliable cryptocurrency exchange that supports the NFT tokens you’re interested in. Popular exchanges like Binance, Coinbase, and Kraken are good options.
2. **Create an Account:** Sign up for an account on the selected exchange and complete the necessary verification steps to secure your account.
3. **Deposit Funds:** Deposit funds into your exchange account using fiat currency or other cryptocurrencies like Bitcoin or Ethereum.
4. **Buy NFT Tokens:** Once your account is funded, navigate to the trading section of the exchange and search for the NFT token you want to purchase. Place a buy order at the current market price or set a specific price.
5. **Store Your Tokens:** After purchasing the NFT tokens, it’s crucial to transfer them to a secure wallet for long-term storage. Consider using a hardware wallet for added security.
With these steps, you’ll be well on your way to owning your favorite NFT tokens. Remember to stay informed about market trends and conduct thorough research before making any investment decisions. Happy investing!
