Making Your First NFT Purchase
Purchase OCM NFTs By Credit Card on Nifty Gateway
Sign up for a Nifty Gateway account, and start shopping for OCM NFTs by credit card:
OCM Karma collection: Nifty Gateway Karma Monkey
OCM Genesis collection: Nifty Gateway OnChainMonkey
If you choose to purchase an NFT via Nifty Gateway, please see here on withdrawing your purchased NFT from your Nifty Gateway account to your crypto wallet.
Purchase OCM NFTs Using Ethereum on OpenSea
Setting up an Ethereum Wallet (e.g. Setting up an Ethereum wallet on MetaMask)
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Fund Your Wallet (e.g. convert fiat $$ into Ether)
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Making Your NFT Purchase on OpenSea
What is Ethereum?
Ethereum is the world’s leading blockchain with smart contract functionality. A vast majority of NFTs reside on the Ethereum blockchain, including OnChainMonkey collections - Genesis and Karma. Unlike Bitcoin, Ethereum has the ability to host decentralized programs and contracts that are much more secure than traditional codes, utilizing blockchain technology for more than just a decentralized financial system. NFT purchases within the Ethereum blockchain most commonly require payment in Ether, the main token of Ethereum.
What is a Crypto Wallet?
Crypto wallets are programs that help users interact with blockchains. Through wallets, users can easily and securely transact cryptocurrencies and tokens, including non-fungible tokens (NFTs).
There are two main types of crypto wallets: * hard wallets, which store data and secure information within a hardware device, and * soft wallets, which store data within a cloud or server Although hard wallets can be more secure, they are more expensive and difficult to set up and use as a NFT newcomer, so we will be setting up a soft wallet using MetaMask, one of the most widely used Ethereum wallets. With an Ethereum wallet on MetaMask, you’ll be able to purchase NFTs, including our OCM Genesis and Karma tokens, from popular marketplaces like OpenSea.
Setting up an Ethereum Wallet
We recommend setting up and interacting with your crypto/Ethereum wallet on a desktop only.
DO NOT LOSE YOUR RECOVERY/SEED PHRASE TO YOUR CRYPTO WALLET. Forgetting a recovery phrase will render the crypto wallet impossible to access, causing a loss of funds within the wallet entirely. Keep your recovery/seed phrase private and secure at all times.
Funding Your Wallet. Where Can I Purchase Ethereum (Ether)?
Once your Ethereum wallet is set up, it’s time to fund it with Ether. Ether can be purchased from cryptocurrency exchange platforms - such as Coinbase, Binance, Kraken (USA) and Newton (Canada) - or within the MetaMask browser extension itself. Available currency exchange platforms and purchasing platforms within MetaMask vary per region.
Making Your NFT Purchase on OpenSea
Your transaction total (ETH) will be your purchase price plus gas fees. Gas fees can vary depending on how busy the blockchain is at the time of your transaction. Please see here to learn more about gas. Etherscan’s Ethereum gas tracking tool gives live readings of gas costs (gwei).
Because the blockchain (including crypto wallet addresses) are public, your Ethereum wallet may be airdropped free and unsolicited NFTs. DO NOT interact with these tokens. To keep your wallet safe and secure, do not click, list, sell or transfer/move these tokens from your wallet.
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