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What are NFT mystery boxes, and how do they work?

What are NFT mystery boxes, and how do they work?
© Copyright Image: Crypto Breaking News

To buy NFT mystery boxes on Binance NFT, users can browse, select and purchase boxes on the platform, while sellers can create listings, set prices and provide details for their mystery boxes. Auctions may require placing bids.

Step 1: Go to the Binance NFT Marketplace and log in to your account. If you don’t have a Binance account, create one.

Step 2: To enter the Mystery Box Market, click on “Explore” in the top navigation bar and then choose “Mystery Box.” 

Step 3: To identify unopened NFT Mystery Boxes that interest you, use the “Unopened” filter.

Step 4: Click on the NFT to learn more about the NFT’s product page and the Mystery Box.

Step 5: Examine specifics such as the title, cost, contract address and other pertinent factors.

Step 6: Click [Series Content] to check the NFT rarity ranking.

Step 7: To purchase the Mystery Box, click “Buy Now.” Verify your order information in the pop-up window, then click “Confirm” to finish the transaction. 

If the NFT mystery box a user wants to buy is being sold through an auction, they will need to place a bid. The user with the highest bid at the end of the auction will acquire the box.

Users adhere to a similar process while selling NFT mystery boxes on Binance NFT Marketplace. They can navigate to the selling section and create a listing for their mystery box. In addition to describing the contents and setting a price in BNB (BNB) or another cryptocurrency that is supported, sellers should also specify any additional terms or conditions.

Source: Cointelegraph.com

The post What are NFT mystery boxes, and how do they work? appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/what-are-nft-mystery-boxes-and-how-do-they-work/

Text source: Crypto Breaking News

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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