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Author Topic: the market to buy the safest NFT?  (Read 208 times)
oemar bakrie (OP)
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February 04, 2022, 10:43:22 AM
 #1

I started getting to know crypto in 2016 and at that time there were not many crypto projects like now.
and what I'm asking now is about NFT where many players have just started playing there, there must be many platforms that sell and buy NFT, for example https://cnft.io/ which transacts with ADA tokens, what platform do you think friends who play nft the safest.Is it opensea or something else?

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February 04, 2022, 03:53:14 PM
 #2

what platform do you think friends who play nft the safest.Is it opensea or something else?

Open sea can be included into the safest one but i should remind you that so many exchange sites were creating their own NFT market even some NFT projects were also using it. I can't deny that if open sea is still leading as the largest NFT market based on its daily trade volume but Binance NFT market is also starting to improve from time to the another time. You can also take a look at FTX NFT market as well. In my opinion if open sea was the safest one and the latest hack doesn't gove a big impact to this platform and the fact that so many people are still actively using this platform.

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February 04, 2022, 04:40:52 PM
 #3

Opensea is one of the most popular. And it has proven itself that it's one of the best NFT marketplace. Binance has its own marketplace as well and the other exchanges are also diving in and making their own NFT platform. Some other individual NFT platforms that I know is VeVe. I've read that there's a lot of users there but it's not popular from the other regions. I've known it from someone who's from the US and it's likely popular there.
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February 04, 2022, 05:15:00 PM
 #4

Opensea.io is the most preferred marketplace for NFT but also I saw that in recent times due to the security glitch 700K worth of tokens of NFTs were hacked but it doesn't that big and now it is fixed. You can buy the NFT and move to your wallet to ensure the security of your NFT token.

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February 04, 2022, 05:30:25 PM
 #5

Opensea is one of the most popular. And it has proven itself that it's one of the best NFT marketplace. Binance has its own marketplace as well and the other exchanges are also diving in and making their own NFT platform. Some other individual NFT platforms that I know is VeVe. I've read that there's a lot of users there but it's not popular from the other regions. I've known it from someone who's from the US and it's likely popular there.

Opensea tends to be semi-centralized, I heard they could do something with the NFT art listed there, like the NFTs freeze that was done late last year  and allegations of insider trading. I don't know, it might also happen in other NFT markets, it's just that it hasn't been revealed yet. I conclude that nothing is completely safe.

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February 04, 2022, 05:58:06 PM
 #6

Good question mate, buying NFT isn't about the platform you buying them from its actually about the NFT you buying, any project can list their NFT on opensea or other, believe me you are buying from any platform that the project's NFT is available on period.
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February 04, 2022, 07:00:41 PM
 #7

I started getting to know crypto in 2016 and at that time there were not many crypto projects like now.
and what I'm asking now is about NFT where many players have just started playing there, there must be many platforms that sell and buy NFT, for example https://cnft.io/ which transacts with ADA tokens, what platform do you think friends who play nft the safest.Is it opensea or something else?

There is no safest market in NFT world as it is full with scammers and money launderers. So you will always found forged and fake NFT everywhere, especially in various discord channels that claims to provide insights about NFTs. However, if you want to know what is the oldest NFT platform, then the answer is - Opensea. io. Majority of the famous NFT collections are listed in this platform and it enjoys the highest number of traffic as compared to all of its competitors. But no one can guarantee that their listed NFTs are safest or genuine. You have to do your own due diligence before investing.

Just a suggestion - don't invest in NFT, rather buy bitcoin when the market is red. 

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February 04, 2022, 07:18:48 PM
 #8

Is it opensea or something else?

The best with OpenSea is, the NFT market is huge since it's widely popular but of course, also prone to pump and dump schemes.

When it comes to being safe, it's safe there the same with other recognized and popular NFT exchanges.

What you need to watch is being victim by a fake site. That's a common issue nowadays.
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February 04, 2022, 07:30:22 PM
 #9

Opensea is the most popular but problem with NFT still stands out, no volume and liquidity like coins and tokens so it depends entirely on a needy or demanding NFT, some will have double value but no one will be willing to buy them so better invest on demanding NFTs instead.

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February 04, 2022, 07:34:23 PM
 #10

If you are visiting the correct marketplace, you are gonna be fine.

OpenSea is the most recommended marketplace, since they are really the largest at all. Currently, right now every exchange already adopted NFTs Marketplace one of example OKX Markeplact & Binance Markeplace. If you to scared to use decentralized marketplace, then you can use centralized marketplace right?

Just always check the link before connected your wallet or buy, for the case decentralized marketplace.

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February 04, 2022, 07:56:45 PM
 #11

Opensea is one of the most popular. And it has proven itself that it's one of the best NFT marketplace. Binance has its own marketplace as well and the other exchanges are also diving in and making their own NFT platform. Some other individual NFT platforms that I know is VeVe. I've read that there's a lot of users there but it's not popular from the other regions. I've known it from someone who's from the US and it's likely popular there.

Opensea tends to be semi-centralized, I heard they could do something with the NFT art listed there, like the NFTs freeze that was done late last year  and allegations of insider trading. I don't know, it might also happen in other NFT markets, it's just that it hasn't been revealed yet.
I think I have heard of that issue. But it's a matter of concern specially to those that have larger NFT values.

I conclude that nothing is completely safe.
Well, in this space, crypto and NFTs. That's a fact that nothing is safe and that's why we should be at least aware of which platforms we're buying and selling these NFTs. There are also the P2E projects that have their own marketplaces. I guess that where the other projects are going to focus with since they're foreseeing that this space is going to keep on growing.
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February 10, 2022, 03:42:02 PM
 #12

Opensea is still the largest NFT market as far as I know, but the prices there are too expensive for me, also there is some security issues there as I read in the media, I don't really understand that, but as far as I know Opensea is still a big market for buying and selling NFT's. I'll read this thread again to add to my knowledge into the good NFT market because I'm also interested in the NFT world.
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February 10, 2022, 04:30:30 PM
 #13

What NFT is the safest to play with, I don't know what to call NFT, because there are so many NFTs currently appearing in the crypto space. what I know is that the NFT trend is still good and will last for some time to come. in short I can think like that because you yourself know better even though you say you don't know much.
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February 10, 2022, 07:16:46 PM
 #14

As stated above Opensea market is really good.

I can vouch for it because I have myself listed my pencil arts in the OepnSea market. The features which makes it great to choose OpenSea are its user friendly model. Being non techy I have always tried to go beyond limits and test out stuff. So I’m sure if guy like me was able to understand setting up the OpenSea with MetaMask linking and bidding set up process then others can easily do so.

- High security
- Need to sign message before you could log in to account
- High end market with unlimited buyers and seller.
- Easy to grasp interface.
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February 10, 2022, 11:27:39 PM
 #15

I started getting to know crypto in 2016 and at that time there were not many crypto projects like now.
and what I'm asking now is about NFT where many players have just started playing there, there must be many platforms that sell and buy NFT, for example https://cnft.io/ which transacts with ADA tokens,
We didn't need many platform for this thing to happen, The crypto project is growth but we have good market like opensea. The only thing is it needs to be integrated with the various blockchain that exist in the market. this will be enough to cover all of new projects that are playing in the NFT. The NFT market that already exist just need to support the multiple blockchain. that's enough. You didn't need to create more and more new platform.

what platform do you think friends who play nft the safest.Is it opensea or something else?
Opensea is the safest one and it has proven that if it has a good security system even it ever got hacked but it's getting solved so fast. I think opensea is more than enough to be used by NFT project to sell their NFT

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February 10, 2022, 11:47:34 PM
 #16

what platform do you think friends who play nft the safest.Is it opensea or something else?
Opensea is the safest one and best one. You don't need to feel doubt by using this market. The fact that if bunch of people are actively using opensea everyday and is not that enough to be a proof if opensea was a reliable market? i think that's enough. All of hacked cases in open sea already solved and it proves that how good the opensea team by responding on it. Im using opensea right now to buy some NFTs but i can't deny that if this platform is so good.
Just try that and you will know how good opensea is. There was also another platform but the liquidity and demand was not the same like opensea.
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February 10, 2022, 11:49:26 PM
 #17

I started getting to know crypto in 2016 and at that time there were not many crypto projects like now.
and what I'm asking now is about NFT where many players have just started playing there, there must be many platforms that sell and buy NFT, for example https://cnft.io/ which transacts with ADA tokens, what platform do you think friends who play nft the safest.Is it opensea or something else?

Opensea is a safe option by transaction.  But the amount of scam nfts and just money grabs there is insane.  Be careful what you buy not from the platform itself but actual nfts.  No way can the market support such high prices forever.  There will be a bottoming out soon.  Tread lightly and do your research first.
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February 10, 2022, 11:52:38 PM
 #18

I think that big platforms like Opensea are much more safe than any others because they have strong teams with huge experience, because they are constantly facing different kind of technical issues.

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February 10, 2022, 11:58:10 PM
 #19

Actually, the popular NFT platform that I know so far is on the OpenSea. I know that there are also many other platforms that provide NFT platforms. But, so far, I only follow the OpenSea.
However, if this is about the most secure platform, I think that as long as they are reputable, they may be secured. But not a guarantee 100% that they will be safe neough.
One of the most important things is that we must also check the smart contract so that we don't buy the fake NFT

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agustina2
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February 10, 2022, 11:59:13 PM
 #20

I started getting to know crypto in 2016 and at that time there were not many crypto projects like now.
and what I'm asking now is about NFT where many players have just started playing there, there must be many platforms that sell and buy NFT, for example https://cnft.io/ which transacts with ADA tokens, what platform do you think friends who play nft the safest.Is it opensea or something else?

I think any popular NFT market is safe. But for now, I only tried and tested OpenSea since it's really popular.

I won't try other NFT marketplace unless given with a good recommendation and good positive reviews.
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