Want to learn how to buy BLUR? You can buy BLUR on Coinbase.
If you are a non-fungible token (NFT) trader or enthusiast, you’ve likely heard of Blur. Blur is an innovative NFT marketplace and aggregator that has transformed the Web 3 landscape. It offers advanced trading tools, real-time data analytics, zero transaction fees and a user-friendly interface. A recent crypto airdrop rewarded active traders with tokens, creating a vibrant community. Blur’s focus on improving the trading experience makes it a key player in the NFT ecosystem, enabling users to discover and transact efficiently while maximizing earnings.
This guide covers everything you need to know about Blur, how to buy its native token BLUR and explore whether it’s a lucrative investment option in today’s fast-paced crypto market.
How to Buy BLUR
To buy BLUR crypto online, follow these simple and easy steps.
1: Open an Online Account
The first step is to create an account with a reputable cryptocurrency exchange like Coinbase, Binance or Kraken. Visit the website or download the app of your chosen platform. Click the Sign up button and start the registration process using an email address and password. You’ll be required to provide your personal details as well as some identification information to comply with the U.S. Securities and Exchange Commission (SEC) know-your-customer (KYC) guidelines. The verification process usually takes a few days.
BLUR can also be bought via a decentralized exchange (DEX) such as Uniswap or SushiSwap by connecting their crypto wallet, which removes the need for KYC. However, it’s worth highlighting that using DEXs can be more complicated, particularly for those new to the industry.
2. Fund Your Account
After verifying your account, you must deposit the necessary funds using fiat money or a supported cryptocurrency. Most trading platforms allow various payment methods for this purpose. These methods include bank transfers, credit cards, debit cards and crypto deposits from external exchanges or crypto wallets.
To begin, select your preferred payment method. Follow the platform’s instructions for depositing funds carefully. Enter the desired deposit amount and review any applicable transaction fees before finalizing the transaction. Note that these fees may vary based on your chosen payment method and the existing policies of the platform.
3. Purchase BLUR
Once you have set up and funded your account, the next step is to trade or swap for BLUR through the exchange’s trading platform. Navigate to the trade section of your chosen platform and search for the cryptocurrency BLUR. Select the option to buy, set your desired price, and complete the purchase.
Ensure you review the details before finalizing your transaction. Once confirmed, your FLOW tokens will be credited to your portfolio.
What Is Blur?
Blur is an NFT marketplace and aggregator offering users the ability to acquire NFTs from various platforms, trade them without incurring fees and manage their NFT portfolio with cutting-edge analytics. These capabilities have made the marketplace increasingly more attractive among savvy NFT traders and enthusiasts.
Blur is a blockchain-based platform built on Ethereum, aiming at enhancing NFT trading experiences and maximizing profit. In comparison to rivals like OpenSea and LooksRare, Blur has a more advanced feature set, featuring real-time price feeds, intuitive price-based sorting, faster NFT sweeps and zero trading fees.
Additionally, Blur serves as an aggregator that can connect to OpenSea, X2Y2 and LooksRare. This feature allows traders to manage their NFTs and carry out transactions across multiple platforms from one location, streamlining the trading process. Furthermore, Blur’s unique portfolio tab enables traders to keep track of their digital assets by providing vital data about the NFTs’ rarity, value and profit and loss.
Brief History of Blur
Blur is a marketplace designed to cater to the needs of professional Web 3 traders, founded in October 2022 by pseudonymous Web 3 developer Pacman. It achieves this objective by addressing key pain points for active traders such as slow processing times, subpar user interfaces and insufficient analytical tools that are common on popular NFT trading platforms.
Since its launch, Blur has received funding from multiple venture capitalists, including Paradigm. It has showcased exceptional performance in the market by surpassing $400 million in trading volume in the first quarter of 2023. In February 2023, Blur announced an official airdrop of BLUR – the eagerly anticipated native token, which offers governance functionality with a capped maximum supply of three billion. Of the total supply, 29% is reserved for past and future core contributors with 4-year vesting, 51% is allocated to Blur community members, 19% to investors with 4-year vesting and the remaining 1% is allotted to advisors with 4 to 5-year vesting.
As of Sept. 16, 2024, BLUR is trading for around $0.1679 and has a market capitalization of over $315 million.
Where to Buy Blur (BLUR)
Purchasing BLUR is a breeze and can easily be done on popular centralized crypto exchanges such as Coinbase or Kraken. Here are some of the best trading platforms to choose from if you’re interested in buying BLUR crypto today.
How to Store BLUR Safely
Although not mandatory, acquiring a cryptocurrency wallet to ensure the secure storage of BLUR is strongly recommended. The two types of crypto wallets are software and hardware wallets. The question of which is the best type of wallet is subjective, as they both offer unique features. Software wallets are internet-connected and user-friendly, accessible via apps and browsers, while hardware wallets are physical devices that store private keys offline, providing enhanced security against cyber-attacks despite being less accessible.
- Best hardware wallet: Ledger
The Ledger brand of hardware wallets is trusted by millions worldwide for its unparalleled protection of digital assets. Users can store over 1,800 tokens, including BLUR and all ERC-20 tokens, and enjoy tamper-resistant Common Criteria EAL5+ certified Secure Element chips for maximum protection.
- Best software wallet: Trust Wallet
Trust Wallet is an industry-leading software wallet that offers a secure solution for trading, storing and collecting an exhaustive collection of cryptocurrencies and NFTs. Acquired by Binance in 2018, Trust Wallet has gained the confidence of millions of users globally by providing seamless access to a vast range of crypto assets across 100+ blockchains. With its broad reach and solid reputation, Trust Wallet is a fantastic choice for all types of investors.
Trade, Sell or Convert Your BLUR
If you’re looking to exchange BLUR for other assets, you have two main options: swapping and trading. Swapping involves directly exchanging BLUR for another cryptocurrency or asset. This is typically done through decentralized exchanges (DEXs) that facilitate this process seamlessly. On the other hand, trading refers to the more strategic approach of buying and selling BLUR and other assets on various platforms to capitalize on market fluctuations and earn a profit. Traders can employ different types of orders — such as market orders, limit orders and stop-loss orders — to enhance their trading strategies and optimize their returns. Each method has its own advantages and disadvantages. It is important to consider your goals and risk tolerance when choosing between swapping and trading.
Current Crypto Prices
The cryptocurrency market is a volatile landscape where prices soar and plummet in the blink of an eye. Its highly speculative nature causes the market to sway under the influence of investor sentiment.
To stay informed, keep tabs on the latest market trends and price movements. Below is a table of the most recent crypto prices.
Is Blur a Good Investment?
Blur is a thrilling and innovative project that has the potential to transform the NFT marketplace through its unique suite of trading features. If you believe Blur can surpass competitors like LooksRare and OpenSea in the future, then it may be a wise decision to establish a position over the coming months.
However, it’s important to note that investing in cryptocurrency carries a notable amount of risk because of its speculative nature and uncertain regulatory future. It’s paramount to complete due diligence and evaluate your risk tolerance before investing.
