Can You Buy NFTs on Opensea With Coinbase Wallet?

Can You Buy NFTs on Opensea With Coinbase Wallet?

With its beta launch in late 2017, Opensea became the world’s first and largest non-fungible tokens (NFT) marketplace on the Ethereum blockchain,  where users could discover, collect and sell exclusive digital items. 

Over the years, Opensea has grown to become the largest general marketplace (supporting multiple blockchains) for digital items, crypto collectibles, and non-fungible tokens. Precisely, OpenSea now offers cross-blockchain support across the Ethereum, Polygon, Klatyn, and Solana blockchains.

On the other hand, the top NFT marketplace supports over a dozen crypto wallets including widely used Metamask, Coinbase Wallet and Trustwallet. While all these Opensea-supported wallets have their unique peculiarities and approaches, they all serve the same purpose of helping users explore the world of NFTs. 

Opensea Supports Coinbase Wallet

Among the many crypto wallets, users can use to access the Opensea NFT marketplace is the Coinbase Wallet. Opensea’s support for Coinbase Wallet can be traced back to 2020 when the NFT marketplace added Walletlink services to its platform. 

With that development, users could seamlessly link their Coinbase Wallet to Opensea from any desktop browser to buy and/or sell their preferred digital assets. Overall, the Coinbase Wallet application allows users to explore the Opensea marketplace with a dapp browser. 

Interestingly, users do not need a Coinbase account to use the Coinbase Wallet application. Reportedly, many users choose MetaMask for desktop use while they prefer Coinbase Wallet for mobile use. 

Remember, an NFT is a token on a blockchain network. Hence, a crypto wallet like Coinbase Wallet is needed to hold, buy, transfer and/or sell NFTs. 

Related: Does Coinbase Wallet Support Solana NFTs

Buying NFTs on Opensea With Coinbase Wallet
How to Buy NFTs on Opensea Using Coinbase Wallet

Buying NFTs on Opensea Using Coinbase Wallet

Firstly, you will need to install Coinbase Wallet on your phone, if you don’t already have one. You can find Coinbase Wallet on Apple’s App Store and Google Play Store.  

Once you have your Coinbase Wallet installed, simply follow the available instructions on the application to set up your wallet. 

Thereafter, you will have to connect your Coinbase Wallet to your Coinbase account, if you have an existing Coinbase account. 

Meanwhile, Opensea is built on the Ethereum blockchain. Therefore, you must purchase and hold enough ETH in your Coinbase Wallet to cover the cost of the NFT you intend to buy as well as the gas fees. 

Once there is sufficient ETH in your wallet, you can then proceed to buy an NFT on Opensea. On the Coinbase Wallet, tap on the DApp browser icon and input the URL in the space provided. 

The next step is to connect your Coinbase wallet to Opensea. You can do this by tapping on ‘Connect Wallet’. A list of supported wallets will then appear. Proceed by selecting Coinbase Wallet. 

Now that you have successfully connected your wallet to Opensea, navigate to NFT listings and then click on the NFT you want to acquire. 

To purchase an NFT, click on the “Buy Now” button to acquire it at the seller’s listed price. However, if you are not comfortable with the seller’s price, you can make an offer by tapping the “Make Offer” button. 

Read Also: 9 Best Places To Sell Solana NFTs in 2022

After successful payment for the NFT, you can then retire to your Coinbase Wallet app to view your acquired digital asset where it will be displayed. 

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Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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