How to Trade NFT - Are you interested in blockchain technology and want to start investing in digital assets such as NFTs (Non-Fungible Tokens)? If yes, then you are in the right place. In this article, we will discuss how to trade NFTs safely on the Indonesian marketplace.

Cara Bertransaksi NFT
How to Trade NFT

Table of Contents

What is NFT?

Before discussing how to trade NFTs safely, let's first discuss what NFTs are. NFT stands for Non-Fungible Token, which means that digital tokens that cannot be exchanged for each other of the same value. NFTs have different characteristics from other digital assets such as cryptocurrencies, where each NFT is unique and has information embedded in itself.

What is Marketplace Indonesia?

Marketplace Indonesia is an online trading platform that provides a variety of products and services from sellers located in Indonesia. In this marketplace, you can sell and buy items such as fashion, electronics, furniture, food and beverages, and many more.

How to Safely Transact NFTs on the Indonesian Marketplace

Here is a complete guide on how to transact NFTs safely on the Indonesian marketplace:

1. Choose a Trusted Marketplace

First of all, choose a marketplace that is trusted and reputable. Make sure the marketplace has clear procedures for handling NFT transactions and has a good security system in place to protect buyers and sellers.

2. Use GIC Verse Services 

Immediately make NFT GIC an investment opportunity for you. GIC NFT is the first asset-backed NFT that gives owners full fractional ownership of a market account on GICTrade. GIC Verse launched a wide variety of GIC NFT collections.


The advantage you get is that you can resell at various prices. Each level of NFT GIC has different benefits where each of the NFTs has its own uniqueness and limited stock! By buying NFTs, you will automatically become a Market Maker on GIC. Earn income back every month by becoming a market maker.

3. Verify Your Account

Once you've chosen the right marketplace, verify your account by following the procedures set by the marketplace. Usually, you need to provide personal information and identity data to be able to make transactions.

4. Search for NFT You Want to Buy

Once your account is verified, search for the NFT you want to buy using the search feature on the marketplace. Examine the description of the NFT carefully and make sure you understand the information contained in it.

5. Make a Payment

If you have found the NFT you want to buy, make the payment according to the procedure set by the marketplace. Make sure you make your payment securely, such as using a payment method provided by the marketplace or using a service from GICTrade.

6. Accept NFT

Once your payment is successful, the NFT will be delivered to you. Double-check the NFT you received to make sure that it is the one you bought.

Tips for Safely Transacting NFTs on the Indonesian Marketplace

Here are some tips for transacting NFTs safely on the Indonesian marketplace:

  • Always verify your account first before making a transaction.
  • Make sure the marketplace has a good reputation and has a good security system.
  • Check the description of the NFT carefully before purchasing it.
  • Use a secure payment method such as an escrow service.
  • Don't be easily lured by offers that are too good to be true

What to Do If There Are Problems with NFT Transactions?

If there is an issue with the NFT transaction, such as the NFT not being received or not matching the description, you can take the following steps:

  1. Contact the seller and try to resolve the issue amicably.
  2. If the seller doesn't respond or refuses to resolve the issue, contact the marketplace support team for assistance.
  3. If the issue can't be resolved properly or through the marketplace support team, you can report it to the authorities.

Make sure you always keep proof of transactions and communication with the seller to facilitate the troubleshooting process.

FAQs about Safely Transacting NFTs on the Indonesian Marketplace

  • Is it safe to transact NFTs on the Indonesian marketplace?

Yes, as long as you choose a marketplace that is trusted and has a good security system.
  • What to do to ensure the security of NFT transactions?

Make sure you verify your account, check the marketplace's reputation and security, and use a secure payment method.
  • How to use escrow on NFT transactions?

Agree with the seller to use the escrow service, and follow the procedures set by the escrow service.
  • What to do if the NFT received does not match the description?

Contact the seller and try to resolve the issue amicably. If that doesn't work, contact the marketplace support team for help.
  • How do I report fraud on NFT transactions?

Keep proof of transactions and communications with the seller, and report them to the authorities.

 Also Read : List of the Best Indonesian NFT Marketplaces and How to Transaction

Conclusion

Ensuring the security of NFT purchase transactions on the Indonesian marketplace is very important to avoid fraud or loss. Use a trusted marketplace, check the marketplace's reputation and security, use a secure payment method, and use an escrow service if possible. Always keep proof of the transaction and communication with the seller to make it easier to resolve the issue in case of a problem with the transaction.