Introduction

Now that you’re familiar with what an NFT is, it’s time to start the process of buying NFTs and adding them to your WAX Cloud Wallet. Using NFTs, you can build a digital, totally unique collection of art, collectibles, and more, all from the comfort of your smartphone or laptop. WAX is the ideal blockchain for purchasing and storing all types of NFT, for three key reasons: ease of purchase, ease of viewing, and WAX’s unique energy-efficient processes.

How to make a WAX Account

For purposes of this article, we’ll be focussing on how to acquire NFTs through your WAX Cloud Account – this is the easiest way of buying, storing, and transferring NFTs on the WAX blockchain. If you haven’t already made a WAX Cloud Wallet account, just follow this guide – it’s a simple process that takes a few minutes.

How to buy an NFT on WAX

Once you’re logged into your WAX Cloud Wallet account, you’ll be taken to the dashboard page. From here, you can begin purchasing NFTs for your collection! First, you’ll want to ensure you have enough WAX tokens (WAXP) in your wallet to make purchases. You can see your WAX balance in the top left corner of the dashboard. Simply click the ‘Buy WAXP’ button and follow the instructions to add WAXP to your wallet.

Once your WAXP balance is above zero, you can begin looking for NFTs. Navigate toward the dApps section of the dashboard, and find a marketplace to start browsing. Some of the most popular marketplaces to buy NFTs include Atomic Hub, Myth Market, and NFT Hive. You can find the full list by typing ‘marketplaces’ into the search bar within the dApps dashboard. You can also access marketplaces by going to their URL and following the instructions to log in with your WAX Cloud Wallet.

Let’s take a look at Atomic Hub / Atomic Market. It’s one of the most popular NFT marketplaces on the WAX blockchain and is one of the easiest to make purchases on. However, you’ll find many marketplaces follow the same basic process when it comes to purchasing NFTs and are all very easy to use.

Clicking on the Atomic Market link from the dApps dashboard will take you to the Atomic Hub Marketplace, from which you’ll be able to search for different NFTs. Once you’ve found an NFT you like, all you have to do is click the orange ‘Buy’ button to set up the transaction and follow the on-screen prompts. Congratulations – you’re now the proud owner of your first NFT!

You might also want to browse Atomic Hub via the ‘Explorer’ tab – this allows you to view NFTs that have not yet been listed on the marketplace, and make offers to the owners of those NFTs. This could be a great way to find unique NFTs before others have a chance to bid on them.

You can also trade NFTs with other users, taking full advantage of WAX’s unique feeless peer-to-peer trading mechanism. Most other blockchains (e.g. Ethereum) charge a ‘gas fee’ for every transaction made on the platform – payments made by users for use of the computational power of the blockchain. WAX is unique as it does not charge gas fees for peer-to-peer trading (gas fees do apply on marketplace transactions). This is yet another example of how WAX is a great platform to grow and store your NFT collection.

Primary and secondary markets

The marketplaces listed above are all secondary NFT markets: that is, they list NFTs that are being resold by their current owners. You can also purchase NFTs through primary markets – markets that have been established by WAX partners and artists to sell directly to collectors. Primary markets unique to WAX include the Topps MLB collection, Capcom’s Street Fighter Card series, and the Deadmau5 NFT collection. These markets allow you to connect with your favourite creators, and get your hands on exclusive pieces of digital collectible content before anyone else.

These collections often sell out extremely quickly, so keep a close watch on the WAX Twitter feed or WAX Telegram channel to make sure you have the best chance of getting your hands on the latest NFTs!

One of the best things about your WAX Cloud Wallet is it’s universality – in other words, it’s ability to display NFTs purchased across different marketplaces in one, easy to access place. No matter where you purchase your WAX-backed NFT, you’ll always be able to view and access it through your WAX Wallet. Simply return to the WAX Cloud Wallet dashboard at any time, then navigate to the ‘NFTs’ tab to view all of your NFTs in one place.

Buying NFTs in games on WAX

There are a number of games on the WAX Blockchain in which you can earn NFTs simply by playing. For example, Alien Worlds is a fast-growing dApp that allows players to earn NFTs by ‘mining’ Trillium (TLM), a blockchain token. NFTs are used in-game to battle other players, and stake claims to further assets in the game. NFTs to use in Alien Worlds can also be bought on secondary marketplaces like Atomic Hub.

Similarly, dApp-based games like Prospectors allow players to mine assets and team up with other players to form unions and organizations in a unique Massively Multiplayer Online (MMO) economic setting. The WAX blockchain ensures all player assets within the game can be held as NFTs, meaning greater security for held assets, and easier trading between players. Again, NFTs in Prospectors can be traded and sold on marketplaces on the WAX blockchain.

WAX’s unique blockchain technology means it’s the perfect platform for trading and using NFTs to enhance the in-game experience. All the games on the WAX blockchain are easily accessible for WAX users – simply use your WAX Cloud Wallet details to log in and begin playing! Why not start by browsing the list of dApps on the WAX Wallet dashboard? You can search the dApps tab by typing ‘Game’ into the search bar.

Why Buy on WAX?

If you’re a bit more familiar with NFTs, you might be aware that you can also buy NFTs on other platforms, such as OpenSea or Mintable. These NFTs are often purchased through the Ethereum blockchain. The Ethereum blockchain is an alternative layer 1 blockchain which supports dApps and uses Ether (ETH) as its cryptocurrency.

However, WAX is the only blockchain that incorporates unique technology to ensure any NFT purchased on WAX is carbon-efficient and minimizes environmental impact. For more on how this works, visit our explainer here.

Now you see how easy it is to buy an NFT on WAX. You can be the owner of an NFT with a simple click of a button! Not only this, WAX offers a simple resource for storing and viewing your purchased NFTs in one easy-to-access location. WAX’s unique build also means collecting and using your NFTs in-game is easier than ever.

There’s no reason to delay –  set up your WAX Cloud Wallet today, browse the NFT marketplaces on WAX, and start building your collection! Remember to follow our Twitter and Telegram channel for exclusive NFT drops and to find out more about other WAX tools and offers.