It’s now easy and affordable to create NFT and sell on Binance Smart Chain!
The NFT (non-fungible token) market is crazily becoming popular these days.
More and more artists, celebrities, influencers and brands are cashing in on the new digital collectibles craze.
Good news is that you cannot be left out of this income making from minting and selling valuable NFTs opportunity.
Read on to learn how to create own NFT on Binance Smart Chain very easily and fast.
Let’s get started!
Requirements to mint NFT on Binance
Before creating or minting NFTs on Binance smart chain, you will need to get these things ready…
1. Editing software
Personally for image editing, I normally use either Canva, Adobe Photoshop or SnapSeed mobile apps to create NFTs.
As for video editing, you can do your own research and test different software that best suits you and your need.
There are many image and video editing software out there in the software market.
2. Blockchain network
There are popularly used blockchains for minting and creating NFTs: Ethereum and Binance Smart Chain (BSC).
To learn more about these networks, read a guide on Blockchain and how it works.
The Binance chain smart parallel blockchain overtook Ethereum in speed and ease of use; drawing in more users everyday.
BSC also has more NFT marketplaces, with more cryptocurrency project expected of it in the nearest future.
3. Crypto wallet
Trust wallet is a mobile wallet app that allows you with an Internet connection to access the world of NFTs on multiple blockchains.
To access an NFT marketplace on Binance Smart Chain, you can seamlessly use the in-app DApp browser.
However, it’s highly recommended that you don’t store your crypto investments on a hot wallet to avoid risks.
How to mint NFT using BakerySwap
For the sake of speed, we’ll be using BakerySwap, which is a Non-Fungible Token marketplace based on Binance Smart Chain.
Transactions on the platform are incredibly fast.
You can get things done within seconds, and it is much cheaper (costs about 0.03BNB to create an NFT).
Step-by-step guide
- Fund your wallet with BNB (Atleast, 0.03BNB, which is about $8 at the time of writing)
- Go to ‘Mint Artwork‘ in the BSC Artist section
- Fill in your NFT artwork details
- Upload the artwork by clicking the ‘+’ sign
- Check the agreement box, mint and approve transaction
- Wait for your the NFT to be approved
- Lastly, click on ‘Review’ to set the price.
You have successfully created your first NFT on the Binance Smart Chain network… Congratulations!
Can you mint NFT on Binance app?
It’s not possible to mint NFT with the Binance exchange mobile app.
Can I sell NFT on Binance smart chain?
Users can use their Binance.com account to buy and sell NFTs on the dedicated NFT Marketplace, leveraging all of the convenience of using the funds in their account wallets.
Can you convert NFT to real money?
Just like any piece of art, an NFT can be sold for money or crypto-coins. Think of these tokens as the digital equivalent of artwork in a private collection, where each piece of art is unique and valued differently.
Create NFT on Binance smart chain
NFTs on Binance Smart Chain are getting increasingly popular due to the low gas fees and faster transactions.
If you’re thinking of breaking into the world of crypto art and digital collectibles, BSC might be a good place to start.
Always remember to use VPN (Virtual Private Network) to keep your crypto transaction footprints hidden.
