Unlocking NFT Trading: A Guide to Seamlessly Buying and Selling on Uniswap
Apr 10, 2024
Uniswap, a decentralised exchange, offers a streamlined process for buying and selling both cryptocurrencies and non fungible tokens (NFTs). Leveraging ERC-721 NFT contracts, Uniswap enables users to trade NFTs across multiple blockchains, including Ethereum, BNB Smart Chain, and Polygon. The platform's suite of tools, including the Uniswap app and NFT aggregator, facilitates NFT transactions by allowing users to connect their wallets, search for desired NFTs, and initiate purchases or listings. To buy NFTs on Uniswap, users can select their preferred NFT, add it to their bag, choose the ERC-20 token for payment, and confirm the purchase through their wallet. Conversely, selling NFTs involves connecting the wallet, selecting the NFT for sale, choosing the marketplace, and listing the NFT for sale. Uniswap's user-friendly interface and smart contract innovations contribute to its efficiency and popularity in the NFT trading space.
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