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Louis de Jong
Louis de Jong

How to Buy and Sell NFTs

Buy, Make an Offer or Place a Bid

  1. Log-in: Go to nft.onxrp.com and log in using the XUMM application. If you don’t have a XUMM wallet, click here to set one up.
  2. Find an NFT you want to purchase on the platform: Browse the platform until you find an NFT you would like to purchase. 
  3. Check the details and price of the NFT: Once you have found an NFT you want to purchase, check your XRP balance on the XUMM app to see if you are able to purchase it. If so, press on the NFT Card. You will be redirected to the NFT’s Detail Page where you can find information about the NFT and the issuer & seller.
  4. Make the purchase, make an offer or place a bid on an ongoing live auction:
    • Make a purchase: To make a direct purchase, simply press “Buy Now” and check whether the information displayed on the pop up reflects the purchase you are about to make. Read, and if you agree to onXRP’s Terms and Conditions, check the box before executing the payment by clicking ‘Make Payment’. An event/transaction will pop up on your XUMM wallet, which you will need to thoroughly check and sign if the transaction information is correct. You have just bought yourself an NFT!
    • Make an offer on an existing NFT: To make an offer, navigate to an NFT you would like to purchase. Enter the amount of XRP you would like to offer for that NFT and the expiration date for that offer. Read, and if you agree to onXRP’s Terms and Conditions, check the box before executing the payment by clicking ‘Make Payment’. An event/transaction will pop up on your XUMM wallet, which you will need to thoroughly check and sign if the transaction information is correct. The ball is now in the seller’s court. Wait and inspect the platform occasionally to see if you offer has been accepted.
    • Place a Bid: To place a bid, simply click on an auctioned NFT of choice and, if applicable, simply enter an amount that surpasses the last bid. Read, and if you agree to onXRP’s Terms and Conditions, check the box before executing the payment by clicking ‘Place Bid’. An event/transaction will pop up on your XUMM wallet, which you will need to thoroughly check and sign if the transaction information is correct. Keep an eye on the auction to see the progress.

List an NFT for Sale or Start a Live Auction

  1. Log-in: Go to nft.onxrp.com and log in using the XUMM application. If you don’t have a XUMM wallet, click here to set one up.
  2. Select the NFT you want to sell on the platform: Head to your profile (https://nft.onxrp.com/my-profile/) until you find the NFT you would like to sell of set for auction. Press on the NFT Card and click on the ‘List’ button.
  3. List or Start a Live Auction:
    • Listing an NFT: To list an NFT, simply make sure that the ‘Fixed Price’ Method is selected and enter the desired XRP price. You may wish to set up a end date and time, which you can easily do by checking the box and filling the input fields accordingly for the desired End Date and End Time. If you do not wish to opt-in for an End Date or Time, simply review the information and click submit once you approve. An event/transaction will pop up on your XUMM wallet, which you will need to thoroughly check and sign if the transaction information displayed is correct. Keep an eye on your offers to see if your NFT has been sold or if someone has made an offer (https://nft.onxrp.com/my-profile/offers_received/).
    • Starting An Auction: To start a live auction, ensure that the ‘Highest Bid’ Method is selected and enter the desired XRP price. Select your minimum markup (5% markup on a 100 XRP NFT would require the buyer to bid a minimum of 105 XRP). Fill in the input fields accordingly for the desired End Date and End Time. Review your information and press Submit once you approve. An event/transaction will pop up on your XUMM wallet, which you will need to thoroughly check and sign if the transaction information displayed is correct. Keep an eye on your offers to see if anyone has placed a bid (https://nft.onxrp.com/my-profile/offers_received/).

Accepting a Bid or Offer

  1. To accept a bid or offer, head over to your offers received (https://nft.onxrp.com/my-profile/offers_received/) and click on the offer you would like to accept. 
  2. Press ‘Settle’ and double-check the transaction overview. Once you are sure that you want to sell the NFT, click ‘Accept Offer.’ An event/transaction will pop up on your XUMM wallet, which you will need to thoroughly check and sign if the transaction information displayed is correct. You have now sold your NFT, congratulations!
Louis de Jong
Louis de Jong