How to buy Bored Ape Yacht Club (BAYC) NFTs – quick and easy

The Bored Ape Yacht Club is a viral and successful NFT project with 10,000 unique apes that are built on the Ethereum blockchain. The collection has grabbed the attention of celebrities like Justin Bieber, Mark Cuban, Post Malone, Shaquille O’Neal, and others.  

Besides being a status symbol, the NFT has various perks too. If you have a deep interest in the BAYC collection and want to buy it but lack the knowledge, continue reading to help yourself most easily.

The following steps will explain the process of how to buy a Bored Ape Yacht Club (BAYC) NFT

Step 1: Purchase ETH

ETH is essential to buy the NFT and must be bought from a reliable exchange. Now comes the time for the following steps-

  • Create an account through your email address and a strong password with the exchange.  
  • Certain reputed exchanges protect their clients through identity verification. To do so, a passport or ID picture must be submitted.  
  • After verification, link a bank account or credit card to the exchange to buy Ethereum. 

Step 2: Create a web3 wallet 

MetaMask is a Google Chrome extension and the first step towards buying an NFT. The extension is available on the browser, Android and iOS. 

Here’s how you can install MetaMask- 

  • Visit MetaMask and click the ‘Download now’ button. Since the extension is available for mobile devices as well as browsers, select the right version of the device. 
  • Once MetaMask installation completes, click the extension icon followed by selecting ‘Get Started.’
  • Click ‘Create a Wallet’ from the list of options. A new and unique wallet address will be generated. Note the seed phrase and save it carefully. 
  • Create a secure and strong password.
  • Here, confirmation of the seed phrase happens by clicking the words. Thanks to this step, the security of the account increases.

It is worth knowing that OpenSea supports almost 16 wallets. Some of the wallets the marketplace supports are mentioned in the link below.

Step 3: Connect MetaMask to OpenSea

Follow the steps below for a smooth experience. 

  1. Visit the OpenSea website and click the ‘Account’ icon. From the drop-down menu, select ‘My Profile.’
  2. Activate the browser extension by clicking the ‘Sign in’ button.
  3. Before clicking ‘Next,’ ensure a checkmark by your account.
  4. Click ‘Connect’ to build the connection.

Step 4: Transfer ETH to MetaMask

After buying the ETH to purchase the NFT and to pay the gas fees, transfer it to the Metamask wallet via the wallet address.  

Step 5: Explore BAYC on OpenSea

Go back to OpenSea to find the NFT you want to buy. To do so, click the ‘Explore’ button or search ‘Bored Ape Yacht Club’ in the search bar. Now choose the BAYC as per your budget. 

Step 6: Buy the BAYC NFT

You can either Bid or buy the NFT you are interested in. You can participate in live auctions to bid on the NFT you intend to buy. Here, you get the NFT only if you win the bid. 

Another way to make a BAYC NFT yours is directly purchasing the Ape at the price mentioned with it.  

Step 7: Approve the transaction 

Approving the transaction in MetaMask is required after making the purchase. Process the transaction by paying for the NFT along with the gas fees.

Congratulations! You have owned the NFT, which takes you towards protecting it. You can do so by storing the Ape in a hardware wallet.  

FAQs

Where can I buy a Bored Ape Coin?

Binance is considered the best and safest platform to buy a Bored Ape Coin.

How much does the Bored Ape Yacht Club cost?

The current floor price of BAYC is 72.99 ETH with a 7 day average price of 74.12 ETH.

Who is behind the Bored Ape Yacht Club?

Gargamel and Gordon Goner are the co-founders of BAYC collection. Two friends, No Sass and Emperor Tomato Ketchup helped with the development.