Rarible is a dedicated platform for buying, selling, and trading non-fungible or NFT tokens. It is possible to create your own NFTs without the need for coding skills. Rarible also has its token for network governance: the RARI.
The platform was created in 2020 by Alexei Falin and Alexander Salnikov. It uses the Ethereum blockchain to secure and carry out transactions. The marketplace is focused on artistic works and virtual collectibles.
How To Use The Rarible NFT Platform?
The NFT Rarible crypto platform allows investors and collectors to acquire unique digital works.
To buy NFTs on the site, however, you must hold ETH tokens to use them as a means of payment.
Before buying an NFT on Rarible, you must first obtain Ethereum which must be linked through a wallet to the NFT platform.
The procedure is as follows:
- Choosing your crypto broker, we recommend eToro
- Open your account
- Fund your account
- Buy Ethereum
- Choosing a storage wallet, we recommend Metamask
- Transfer your Ethereum to Metamask
- Connecting your Ethereum wallet to the Rarible platform