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Block #9

NFTs

Buying and storing

Buying an NFT is technically easy, but the common mistakes are expensive and irreversible.

Veerle JanssensWritten by Redacteur institutioneel, BruggeUpdated Checked by the editorial desk

Preparation: wallet and network

Pick the network the collection lives on; buying on the wrong chain cannot be undone.

Use two wallets: a daily one for signing and a hardware wallet for valuable pieces.

Keep enough native coin for fees — without it you cannot even sell.

Buying without the classic traps

Verify the contract address through an official project source, never a chat link. Fake collections are the most common scam here.

Compute the total: price, marketplace fee, creator royalty and network fees.

Check liquidity before buying; thin collections take weeks to exit.

Storing and managing

Move valuable pieces to cold storage and sign from there only when selling.

Revoke marketplace approvals you no longer use.

Keep records: date, euro amount, transaction hash and licence.

Recommended by our newsroom

External parties. Block #9 does not hold or manage your assets at these providers. Not investment advice.

Frequently asked questions

Can I buy directly with euros?

Some platforms allow it; usually you buy the native coin first.

What are royalties?

A creator share on resale, not enforced by every marketplace.

Can a mistake be reversed?

No. Verify address, network and price before signing.

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