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NFTs have taken the world by storm. Experts estimate that the market reached an impressive $17 billion cap in late 2021. In the year 2020, the value of all transactions on this market was just over $80 million. 

At the time of writing, a whopping 8 billion of those dollars were stored in collectibles. Others include gaming, art, utilities, and the metaverse – at 5 billion, 3 billion, 530 million, and 513 million, respectively. 

Unsurprisingly, digital art and collectibles are the backbones of NFTs. There is a lot of money in this industry, and we’re here to discuss the Ethereum NFT Marketplaces – which ones should you use to start investing in these tokens? On top of that, keep reading to find out our recommendation for the best NFT to invest in in 2022. 

Get Ethereum on eToro to buy the NFT

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

NFT Marketplace

To start buying NFTs, you need to find a top-notch marketplace. Although you can buy some tokens directly from the creator on launch, many popular collections sell out in a matter of minutes. As a result, most NFTs end up at marketplaces – platforms used to buy and sell these non-fungible tokens. 

  1. NFT Launchpad – Our Top Choice for Best NFT Marketplace in 2022
  2. eToro – The Best Place to Buy Ethereum
  3. OpenSea – The Largest Marketplace 
  4. NiftyGateway – Best Option for Collectors
  5. Crypto.com  – A Great Multichain Option
Get Ethereum on eToro to buy the NFT

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Ethereum NFT Marketplace

You may be wondering – what is the connection between NFTs and ETH? Most NFTs are stored on the Ethereum blockchain, and for good reason. Ethereum uses a method called proof-of-work. To put it simply, proof-of-work describes a highly complex process that verifies digital assets and makes them almost impossible to hack. 

Unfortunately, this complicating computing process is highly energy-inefficient. Ethereum 2.0, on the other hand, uses a similar method called proof-of-stake, which is much more efficient. Ethereum as a whole currently uses both methods. 

Nevertheless, the Ethereum blockchain is highly secured and regulated. Due to decentralization, ownership of an NFT is easily verifiable and almost impossible to steal. Ethereum is aiming to reduce the carbon footprint of minting NFTs and they’re already making great progress in that regard.

Get Ethereum on eToro to buy the NFT

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Best NFT Marketplace

That being said, not all marketplaces support Ethereum. To give you some insight, we’ve gathered our top NFT platforms for 2022. Some are supported by ETH, while others utilize other blockchains. Let’s see the pros and cons of each:

NFT Launchpad – Best NFT Marketplace in 2022

Our first choice has to be NFT Launchpad – a new platform that’s already proven to be a menace to its competition. Launched in February of this year, it has quickly become the first choice for many investors. It supports the Binance Smart Chain, but also Polygon, which is a scaling solution for Ethereum – making the transactions faster, cheaper, and with no gas fees. 

We love the intuitive user interface – the marketplace is easy to navigate and it features an “Explore” button, where you can browse through thousands of NFTs to find new options. NFT Launchpad is also the best option for creators since you can easily post tokens and set your royalties – a rare option on the market. 

On top of that, NFT Launchpad offers full support for MetaMask, one of the top digital wallets in the world. The platform has shown impressive results in just months post-launch, and we’re excited to see where it’s headed. For digital art, collectibles, and even gaming NFTs – we can’t think of a better option than NFT Launchpad. 

Get Ethereum on eToro to buy the NFT

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

eToro – Best Medium for Ethereum NFT Marketplace

Although eToro doesn’t feature an NFT marketplace (yet), it’s still an important step in your journey to purchasing NFTs. As a result, we’ve decided to include it in our list of best Ethereum NFT Marketplaces. eToro is a trading platform that allows you to fund your digital wallet with ETH in just a few steps.

Apart from Ethereum, eToro offers access to over 30 cryptocurrencies, including Bitcoin, Litecoin, and Chainlink. It is highly regulated and secured by numerous authorities in the US, Europe, and Australia – making sure your money is safe. With over 25 million users, eToro is the first choice for many investors looking to make money in forex and crypto. 

Make sure to check out our step-by-step guide further down the article to see how you can easily fund your digital wallet to buy NFTs with Ethereum using eToro. 

Get Ethereum on eToro to buy the NFT

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

OpenSea – Most Options for Beginners 

OpenSea is an industry-standard, as it’s one of the first NFT marketplaces in the world. It boasts an impressive collection of over 80 million NFTs, including sports collections, art, music, and domain names. With numerous NFTs to choose from, OpenSea is a great option for beginners who want to explore the vast marketplace.

The platform supports 14 different digital wallets, including MetaMask, Coinbase Wallet, and WalletConnect. Linking your wallet to OpenSea is quick and easy, and you don’t even need to create an account on their website. It offers multichain support, including Ethereum, Polygon, and Klatyn.

Notably, if you’re looking to buy NFTs on OpenSea, expect to pay 2.5% in fees. For the Ethereum blockchain, you may also pay any gas fees for the transaction. As of late 2021, you can buy NFTs from the comfort of your own home since OpenSea launched a mobile app. 

Get Ethereum on eToro to buy the NFT

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

NiftyGateway – A Great Option for Rare NFTs 

If you’re looking to find rare drops in the NFT market, Nifty Gateway is the place to go. Even celebrities have a preference for this platform, and you can find collections by Steve Aoki, Grimes, and even Eminem on Nifty Gateway. Due to its exclusivity, you can find some hidden gems on this Ethereum NFT marketplace.

Unsurprisingly, NFTs on this platform can be quite expensive, since the demand is so high. Nifty drops NFTs in collections, and they feature Curated and Verified Drops. Curated Drops are selected by the platform itself, and you can find the drop schedules directly on the website. 

It is owned by Gemini, a crypto exchange platform. As a result, it’s highly regulated and safe to use. If you’re from the US, you can use your credit card to buy NFTs on this platform, though purchasing through Ethereum is considered a safer option.  

Get Ethereum on eToro to buy the NFT

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Crypto.com – Great Platform with Low Fees

You may know Crypto.com as a trading platform, but it also has its NFT marketplace. Although it used to support only the Crypto.org chain, it has since added the Ethereum blockchain network. As a result, the platform expanded its options, making it a preferred choice for many. 

Much like Nifty Gateway, Crypto.com boasts collections from high-profile celebrities, most notably Snoop Dogg. You can buy exclusive tokens during their scheduled live drops, and it has an impressive collection size of over 100 000. 

Crypto.com offers impressive benefits to its users, with no gas fees, no transaction fees for buyers, and a 1.99% fee for sellers. However, to use the marketplace, you need to be connected to their app, making the process slightly complicated for beginners. 

Get Ethereum on eToro to buy the NFT

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Where to Buy NFTs?

As mentioned, most NFTs are supported by the Ethereum blockchain. As a result, you need to own ETH to buy them. If you plan on buying from any Ethereum NFT Marketplaces, you first need to fund your wallet with ETH. 

Let’s see what’s the best way to purchase Ethereum in this step-by-step guide.

Step 1 – Open eToro

To begin, simply open up the eToro website and create your account. You will be asked to input some basic information, such as your email address and password. You can also make things easier for yourself and simply link your existing Facebook or Google account. 

Step 2 – Set Your eToro Account

To begin your trading journey, you’ll need to make a small deposit. Depending on your country, you can begin investing for as little as $10! Funding your account is easy since eToro offers various payment options. Some of those include PayPal, Skrill, Neteller, but also credit and debit cards. Choose your preferred method and move on to the next step. 

Step 3 – Buy Ethereum

To buy ETH, simply search for “Ethereum” or “ETH” in the search bar, located at the top of the page. There will be a “Trade” button next to the first option. Click on it and enter details about your purchase, such as the number of ETH you wish to buy and your preferred method of payment. In just a few moments, you will have Ethereum on your eToro account. 

Step 4 – Connect Your Wallet

The final step is to simply connect your eToro wallet to your Ethereum NFT marketplace of choice. For example, you can open OpenSea and click “Account”. Choose “WalletConnect” and enter the address of your eToro wallet. It’s simple, easy, and quick!

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What NFT Should You Buy in 2022?

Now that you’ve learned how to buy ETH and start investing in NFTs from some of our top Ethereum NFT Marketplaces, you may be stumped by a simple question – which tokens should you invest in? Our choice for the best NFT in 2022 has to be Lucky Block Platinum Rollers Club NFTs.

By becoming a member of the Platinum Rollers Club, you are eligible to participate in Lucky Block’s daily lottery draws. These draws are exclusive to holders of the NFT, and they differ from Lucky Block’s standard lottery. If a jackpot hits, all holders are eligible for a small percentage of the winnings.

The team has revolutionised online gambling by creating a completely decentralised lottery, immune to fraud, cheating, and ensuring a completely random outcome. As a result, if you enjoy games of chance – you need to become a part of the Platinum Rollers Club.  

Get Lucky Block Platinum Rollers Club

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

How to Buy Lucky Block NFTs

These NFTs were minted at launch and can now be found on NFT Launchpad. We’ve included a handy guide to help you get your hands on these revolutionary NFTs in 5 simple steps. 

Step 1 – Open Metamask

If you don’t already own the app, you can download it from their official website. Open the app and open your Wallet. To buy Lucky Block NFT, you need to be on the Binance Smart Chain.  It should be at the bottom of the list. 

Once you’ve chosen BSC, it should immediately be the default option for your Wallet, written right below it. 

Step 2 – Get WBNB

To purchase LBLOCK NFTs, you need to have WBNB (Wrapped BNB). As a result, you need to swap BNBs (or other cryptos) to WBNB. For one Lucky Block NFT, you need 3.75 WBNB (around $1500). However, make sure to have a little extra in your Wallet for any gas fees. 

Step 3 – Open NFT Launchpad

Once your Wallet is ready, open the NFT Launchpad in your browser to buy the limited NFTs. 

Step 4 – Connect Your Wallet

On the website, you’ll be asked to connect your MetaMmask Wallet. Enter the necessary information and move on to the final step! 

Step 5 – Buy your very own Lucky Block NFT!

Click on the “Explore” button and find Platinum Rollers (The Lucky Block NFT collection). Click Buy Now and wait for the transaction to finish. After a few seconds, you will be a proud owner of a Lucky Block NFT. 

Get Lucky Block Platinum Rollers Club

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Conclusion

To sum up, NFTs seem to be a major talking point in 2022. Experts estimate that the industry has only begun to rise, with some expecting an $80 billion market cap by 2025. As a result, it’s a great time to start investing in NFTs.

These tokens are usually sold on platforms, where you can auction, buy, or sell them using crypto or fiat currency. Keep in mind that if you choose an Ethereum NFT marketplace, you need to fund a digital wallet with ETH – and the most efficient way to do so is by using eToro. 

On the other hand, if you’re looking for a great investment in 2022, keep the Lucky Block Platinum Rollers Club in mind. These tokens can be purchased on NFT Launchpad for a small price, and they represent the future of online gambling. As a result, we can’t think of a better way to invest your money in this growing market. 

Julian