Best NFT Marketplaces In India To Buy Your First NFT

NFT stands for non-fungible token which is a digital asset that represents real-world objects like art, music, in-game items, and videos. NFTS can bridge the gap between celebrities and fans. They are bought and sold online, frequently with cryptocurrency on online platform termed as NFT marketplace. These digital assets have been selling for millions all over the internet. Interested in buying them but wondering where to buy from? Well, we are here with the best NFT marketplaces In India to buy your first NFT.

Best NFT Marketplaces In India

Wazirx 

Wazirx was founded in 2018 and since then has reached over 7.3 million users. In 2021; they have acquired by the crypto trading platform Binance and launched its NFT marketplace. They also hosted the first NFT exhibition, musical NFTs, and are popularly known to be a good option for starters. A service fees of 5% is charged while creators can keep the rest of the proceedings. By November 2021 i.e almost a year; Wazirx recorded $38 billion trading and even crashed after heavy user activity.

Bollycoin

Are you a Bollywood lover? Well, you can buy your favourite Bollywood celebrity NFT from Bollycoin. This platform bridges the gap between Bollywood and blockchain. Bollycoin is an NFT marketplace devoted to collections inspired by or based on Bollywood projects. It has a cool collection of the Dabangg collection in collaboration with Salman Khan. It also offers movie clips, posters, and stills. Crypto coins can be used by the users to purchase NFTs and get royalties based on their activity.

BuyUCoin

BuyUCoin was founded in 2016. It is one of the leading crypto exchanges in India with over 350,000 users. The marketplace handles over  $300 million-plus in digital asset transactions. The company has a new mission to bring crypto into billion Indian pockets. The platform also has a dedicated NFT marketplace. Users have the liberty to buy and sell and trade 33 cryptos, including Ethereum, Bitcoin, Ripple, Stellar. A maker fees of 0.24% is charged to the users.

Colexion

Colexion is one of Asia’s largest licensed NFT marketplaces. They are at work creating the world’s largest NFT digital museum. The museum will offer users a chance to meet celebrities and also know about their life journeys. It also has trump cards in the form of digital tokens. Colexion has partnered with various cricketers such as Yuvraj Singh, Glen Maxwell etc. in the form of trading cards.

OpenSea

OpenSea was started in 2018. Ranging from the virtual world, and art sports to collectables trading cards and domain names; the platform has the most comprehensive range of NFT. More than 75% of all NFT transactions that take place on the Ethereum Network are held here. ERC721 and ERC 115 assets are also held here. Users can explore Bored Ape Yacht Club, CryptoKitties, Crypto Punks, Decentraland, Doodles, and other popular NFT assets. One can buy, sell and create digital assets on this platform. Celebrities such as Mark Cuban and Logan Paul use this platform for buying and selling their assets. One of the best feature of this platform is that it supports 150 cryptocurrencies as a payment method. 

BeyondLife

BeyondLife; popularly known for the ‘Amitabh NFT’ is the marketplace for celebrities and fans. In just 53 minutes; around 5,000 loot boxes were sold. During that particular auction, around 6 million people were present on this website. It is one of the most trusted marketplaces with its ‘First Rare Art NFT Collection’. The platform enables artists, several brands, and creators to mint and sell their NFTs within three minutes.

Binance

Artists, bands and creators are getting more attracted to Binance because of its newly launched NFT marketplace. After the announcement; more than  1000 creators have listed approximately 2.5 million NFTs. The platform provides creators with an open space to explore their creativity. To date; it has sold a staggering 1 million mystery boxes and tarded $360 million.

Binance has collaborated with athletes, news agencies, singers, artists, actors, and award-winning celebrities. Many people are using this marketplace to interact with their friends via the means of meet and greet events, personalized tokens, merchandise, passes, and tickets for matches and tournaments.

Rarible

Rarible is a very new NFT marketplace platform launched in 2020. It was ranked as the top NFT marketplace because of its native ERC-20 governance token. They also have  ERC721 as well as ERC1155 standards. The platform is built on Ethereum Blockchain. It has partnered with some of the big brands including Adobe.

Jupiter Meta

Jupiter Meta has launched India’s first fully curated innovative marketplace. It is backed by Rubix blockchain technology of level-1. The platform focuses on creating singular metaverse experiences with the help of movies and music films. In 2021 ; they founded their NFT ‘Icons of Singara Chennai’ to trade. This NFT icon culture through digital art, NFT of food, monuments, and beaches. The platform has a fixed price and offer amazing personalized experience.

Nifty Gateway

Nifty Gateway are well known for selling Beeple’s NFT and artists like Grimes and LOGIK. The NFT’s on this platform are stored in a secured wallet which is powered by Gemini’s state-of-the-art custody technology. The platform charges 0% gas fees for the artists. After every three weeks, the platform releases the Nifties as a limited edition. A wide variety of famous artists and creatives are hosted on this platform including Steve Aoki and Grimes. Usullay high-end investors are very much interested in Nifty Gateway’s.

NFTs are a very popular way of buying and selling digital artworks. NFT marketplace is a virtual economy platform  that enables artists to  list and exhibit their art in digital tokens. These marketplaces are  attracting a mainstream crowd. From famous Bollywood celebrities to singers; models as well as cricketers; these amazing platforms offer you fabulous NFT assets that you can buy very easily.

Do let us know in the comments section down below; which is your preferred platform for buying NFTs. Check out more articles on Technology in our Tech Section.