Buy NFT with eToro: here’s the easy way.

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2021 is definitely the year of NFTs: the only digital asset accompanied by a blockchain-based certificate of ownership. Some people buy them as a collection, and some see them as an investment, with the prospect of reselling them in the future at a higher price for a profit. So how to buy NFT? In this quick guide, we break down how to buy an NFT using eToro, MetaMask, and OpenSea in five simple steps.

1.Buy Ethereum on eToro

Most NFTs can be purchased with Ethereum, which you can easily buy on eToro.

If you don’t have an eToro account, simply sign up, verify your identity, and deposit funds. With your account verified and funded, you can then navigate to Ethereum and choose how much you want to buy.

Once you have purchased the Ethereum, you will need to transfer it to your eToro Wallet. Do this by going to the Portfolio button on your eToro account, selecting Ethereum, and hitting Transfer to Wallet.

Note: If you have your eye on a specific NFT, make sure you buy enough Ethereum to leave wiggle room for the cost of network fees. The price of transacting can rise and fall significantly depending on levels of blockchain activity.

2.Download MetaMask

MetaMask is a crypto wallet that acts as a gateway to the Ethereum-based decentralized finance (DeFi) and NFT ecosystem. It is available as both a browser-based add-on for Firefox and Google Chrome, and a mobile app for iOS and Android.

Whether you choose to use the mobile or desktop version, you’ll need to download the app from, create a wallet, set a password, and save the recovery phrase.

Important: The secret recovery phase is used to restore your MetaMask wallet if you forget your password. This phrase effectively represents ownership of anything held in the wallet, so make sure to keep it somewhere safe where it can’t be lost or stolen.

Buy NFT with eToro: here's the easy way

3.Send Ethereum to MetaMask

You are now ready to send the Ethereum to your new MetaMask wallet.

First, open the eToro Wallet and hit Send under Ethereum.

Then open MetaMask, copy the address of your new wallet, and paste it into the address field on eToro. From there, specify the amount of Ethereum and hit Send again.

Depending on how busy the Ethereum network is, you can expect your transaction to take from just a few minutes to over an hour.

Buy NFT with eToro: here's the easy way

4.Connect to an NFT marketplace

When your Ethereum has arrived in MetaMask, navigate to an NFT platform. This guide covers the largest NFT platform of them all: OpenSea.

First, navigate to the top right corner of the OpenSea homepage, hit the wallet icon and choose MetaMask. You’ll be prompted to connect your wallet.

Once connected, you can start browsing! OpenSea hosts a vast ocean of collectible avatars and artwork, with prices ranging from a few pennies to hundreds of thousands of dollars.

Buy NFT with eToro: here's the easy way
Buy NFT with eToro: here's the easy way
Buy NFT with eToro: here's the easy way

Connecting to other platforms

Most NFT platforms, including Rarible, have the same wallet connection method as OpenSea. Others, such as SuperRare, require users to create a profile before connecting.

5.Buy the NFT

Once you have found an NFT that sparks your interest, you will typically have two options: Buy now and Make offer. This gives you the choice of purchasing the item right away at the stated price, or placing a bid.

  • Make offer
    Hit the Make offer button, review the details, and input your bid for the NFT. At this stage you will need to convert your ETH to WETH before confirming the transaction.
  • Buy now
    Hit the Buy now button to review details of the purchase, then move to the Checkout and review the gas fees. Finally, click Confirm to become the proud new owner of the NFT.
Buy NFT with eToro: here's the easy way

How much does an NFT cost?

The price of an NFT varies due to numerous factors, above all the fame of the creator who proposes it and the collection to which it belongs. The investment required to take the first step into this fascinating world is really minimal: the equivalent of a few cents of dollars if it is a work unknown to most, while for an item from the Bored Ape Yacht Club series, you get to hundreds of thousands of dollars.

Buy NFT with eToro

* See more: The complete guide eToro from a to z

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