How to Buy and Sell NFTs on GetGems?

1. Introduction

The NFT market continues to thrive, offering collectors and creators unprecedented opportunities to trade digital assets. Among the new generation of NFT platforms, GetGems stands out as the premier marketplace built on The Open Network (TON). With its easy-to-use interface, low transaction costs, and direct Toncoin (TON) integration, GetGems simplifies the process of buying and selling NFTs for users of all experience levels.

This guide will walk you through how to trade NFTs on GetGems safely, efficiently, and profitably, whether you're a seasoned collector or just starting your journey.

2. Why Choose GetGems for NFT Trading?

GetGems offers several advantages that make it an attractive choice for NFT buyers and sellers:

• Low Fees: Thanks to the TON blockchain, transaction costs are minimal compared to Ethereum-based platforms.
• Compressed NFTs (cNFTs): Allows for affordable, scalable NFT trading.
• User-Friendly Design: A clean layout, quick wallet connections, and responsive pages make navigation smooth.
• Creator Royalties: Artists can monetize long-term through secondary sales.
• Community Support: Active Discord and Telegram channels for updates, support, and new drops.

GetGems delivers a powerful experience without the complexity often associated with crypto and NFTs.

3. Setting Up Your Wallet and Account

Before you can start trading NFTs on GetGems, you need a TON-compatible wallet. Here's how:

Step 1: Choose a Wallet

• Recommended options: Tonkeeper, Tonhub, or OpenMask.

Step 2: Install the Wallet

• Download from the official website or app store.
• Create a new wallet, securely store your seed phrase, and set a PIN or password.

Step 3: Fund Your Wallet

• Purchase Toncoin (TON) on an exchange like OKX, MEXC, or KuCoin.
• Transfer Toncoin to your TON wallet address.

Step 4: Connect Wallet to GetGems

• Visit getgems.io and click “Connect Wallet.”
• Approve the connection through your wallet pop-up.

Now you're ready to buy or sell NFTs!

4. How to Buy NFTs on GetGems (Step-by-Step)

Buying NFTs on GetGems is simple and fast. Here's a detailed walkthrough:

Step 1: Browse the Marketplace

• Use the “Explore” tab to view featured collections, trending items, or upcoming drops.
• Filter NFTs by price, popularity, newness, or collection.

Step 2: Select an NFT

• Click on an NFT to view its metadata, price, creator, royalties, and listing history.

Step 3: Make a Purchase

• Click “Buy Now” to purchase instantly at the listed price.
• Alternatively, place a bid if the NFT is listed as "Accept Offers."

Step 4: Confirm Transaction

• Your wallet will prompt you to approve the transaction.
• Pay in Toncoin, and the NFT will be transferred to your wallet after confirmation.

Step 5: View Your NFT

• Your purchased NFT appears under the “My NFTs” tab or directly inside your wallet app.

5. How to Sell NFTs on GetGems (Step-by-Step)

Selling your NFTs on GetGems is just as straightforward as buying. Here’s how to do it:

Step 1: Access Your Collection

• Connect your wallet to GetGems.
• Navigate to “My NFTs” to view your owned items.

Step 2: Choose an NFT to List

• Select the NFT you want to sell.
• Click on “Sell” to start the listing process.

Step 3: Set the Sale Terms

• Choose a fixed price in Toncoin (TON).
• Optionally enable the “Accept Offers” toggle to allow buyers to submit bids.
• Set the duration your NFT will be listed (e.g., 7, 14, or 30 days).

Step 4: Confirm Listing

• Approve the listing transaction via your wallet.
• Your NFT is now live on the marketplace and visible to potential buyers.

Step 5: Manage Your Listings

• You can update prices, cancel listings, or accept offers anytime from the “My Listings” dashboard.

6. Tips for Buying Rare or Trending NFTs

Snagging rare or trending NFTs early can significantly boost your collection’s value. Here are key strategies:

• Monitor New Drops: Subscribe to GetGems announcements to catch early releases.
• Analyze Collection Traits: Scarce traits often drive higher resale prices. Focus on NFTs with unique attributes.
• Set Budget Limits: Trend hype can inflate prices. Set a budget to avoid overpaying during a drop.
• Use Filters: Sort collections by rarity, floor price, or latest listings to find hidden gems.
• Participate in Whitelists: Join community events to secure early access to exclusive collections.

Being proactive and doing your research can make all the difference between a good buy and a great investment.

7. How to List NFTs for Maximum Visibility

A strategic listing can maximize your chances of a quick and profitable sale:

• Competitive Pricing: Check the collection’s floor price and recent sales before setting your listing price.
• Highlight Traits: Emphasize rare or sought-after traits in your listing title or description.
• Choose the Right Timing: List during peak marketplace activity hours (based on your community's timezone).
• Enable Offers: Accepting bids can attract more buyers and stimulate competition.
• Refresh Listings: If an NFT sits unsold for weeks, relist it at a slightly reduced price to refresh its visibility.

Positioning your NFT properly in the marketplace can drastically improve your sale success rate.

8. Understanding Bids, Offers, and Auctions

GetGems supports flexible transaction types beyond immediate buys:

• Fixed Price Sales: Sell at a pre-set price for instant purchases.
• Offers (Bids): Buyers can propose a price lower than the listing. Sellers can accept, decline, or counter.
• Auctions (Future Feature): Planned auction systems will allow timed bidding wars to drive up NFT values.

How to Manage Offers:

• Review offers via the “My Offers” section.
• Accept or reject within the offer’s validity window.
• Counter with a custom price if available.

Understanding and leveraging these options adds flexibility to your selling strategy, enabling you to adapt to different market conditions.

9. Transaction Fees and Royalties Explained

Understanding the costs involved in trading NFTs on GetGems is crucial for maximizing your profits and minimizing surprises.

• Transaction Fees: Thanks to the TON blockchain's efficiency, gas fees are extremely low—often just a few cents or less per transaction.
• Marketplace Commission: GetGems charges a modest commission on each sale (typically between 2–5%), which is automatically deducted.
• Creator Royalties: If the NFT creator set a royalty fee, a portion of the sale price (e.g., 5–10%) goes directly to them upon each resale.
• Buyer’s Costs: Buyers only pay the listed price unless participating in auctions, where bidding fees may apply.

By factoring in commissions and royalties when pricing your NFT, you can maintain better control over your net proceeds.

10. Best Practices for Safe NFT Trading

Security should always be a top priority when buying and selling NFTs. Here’s how you can stay safe:

• Verify Marketplace Links: Only use the official GetGems.io URL (https://getgems.io) to avoid phishing scams.
• Double-Check Transactions: Always review wallet prompts carefully before approving purchases, sales, or connections.
• Store Seed Phrases Securely: Your wallet’s seed phrase is your ultimate key—never share it and store it offline if possible.
• Use Reputable Wallets: Stick to trusted wallets like Tonkeeper or Tonhub to interact with GetGems.
• Beware of Fake Drops: Scammers often announce fake airdrops or mint events—verify with official sources first.

Practicing these safety measures ensures that your trading experience remains secure and worry-free.

11. FAQs

Q1: Can I buy NFTs without owning Toncoin?
No. Toncoin (TON) is required for all transactions on GetGems. You’ll need it in your connected wallet to buy NFTs, place bids, or pay minting fees. Ensure you acquire Toncoin from a reliable exchange and transfer it securely to your TON-compatible wallet before making any purchases.

Q2: How long does it take for NFT purchases to process?
TON’s network processes transactions incredibly fast—often within just a few seconds. However, slight delays can occur during high-traffic periods or if your wallet hasn’t fully synced. Rest assured, most purchases are confirmed and reflected in your wallet almost instantly.

Q3: What happens if my bid is accepted but I have no funds?
If your bid is accepted and you lack enough Toncoin in your wallet, the transaction will fail. This could result in a lost opportunity, and you may need to re-bid. It’s always best to ensure you have adequate balance in your wallet while your bid is active.

Q4: Can I cancel a listing after posting it?
Yes. Listings are fully manageable from the “My Listings” tab. You can cancel, change the price, or toggle the “Accept Offers” setting at any time before the NFT is sold. Just be aware that canceling may require a minor transaction confirmation from your wallet.

Q5: Are auctions live yet on GetGems?
Not currently. However, the GetGems roadmap includes plans for live auctions in upcoming platform updates. This will introduce a more dynamic buying experience with timed bidding, reserve pricing, and possibly automated bidding tools.

12. Conclusion

GetGems.io is opening up NFT trading to a broader audience by making it simple, affordable, and community-driven. Whether you’re purchasing your first NFT or selling rare collectibles, the platform’s intuitive setup and low fees provide a great environment to grow your NFT journey.

By following the tips and best practices outlined in this guide, you can trade confidently, maximize your returns, and fully enjoy what GetGems—and the TON blockchain—has to offer.