Everyone is talking about NFTs.
In reality, more than $25 billion in NFT sales were generated in 2021 alone, with 2022 predicted to surpass this figure by a significant margin.
We'll show you how to flip NFTs from the comfort of your own home, which means buying a one-of-a-kind token and reselling it on a secondary market for a profit.
Quick Steps for Flipping an NFT
Check out our quick tutorial on how to profitably flip NFTs before reading the rest of our complete guide.
Step 1: Select an NFT to Flip: There are thousands of NFTs available for purchase on the internet, in both primary and secondary markets. As a result, the first step is to choose an NFT you believe is undervalued and so suitable for flipping. The Lucky Block Platinum Rollers Club NFT Collection comes highly recommended.
Step 2: Pay a visit to the NFT Marketplace: You'll need to go to the marketplace where the token is displayed now that you've found the best NFT to flip. The NFT Launchpad website, for example, lists Lucky Block, which we discovered to be the greatest NFT to flip right now.
Step 3: Connect Wallet: In order to pay for your NFT purchase, you will need to connect your wallet to the respective marketplace. At NFT Launchpad, the platform supports wBNB tokens via MetaMask, which is the best wallet to buy and store NFTs.
Step 4: Buy NFT: Now you can confirm the purchase of your chosen NFT. In doing so, the wBNB tokens will be deducted from your MetaMask wallet. In turn, you will now own the respective NFT.
Step 5: Sell NFT: Now that you've purchased an NFT, it's time to sell it. On the NFT Launchpad, you can achieve this by setting your own listing price.