Buy NFTs
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NFTs are purchased on using the creator’s coin. Currently, USD is not an available payment method for buying NFTs on Rally.
Note: Due to the difference between the expected price of a purchase and the price at which the purchase is executed (slippage), it’s important to buy slightly more coins than what is estimated on the buy page to purchase an NFT. The estimated coin amount on the NFT purchase pages updates based on the current price of the coin.
There are three types of NFT drops available on our Rally platform for purchase: Open Edition, Buy Now, and Auction
Open Edition drops are open for sale for a limited amount of time (eg. 1 week) and have a max number of editions as designated by the creator. Open Editions allow creators to mint just enough NFTs to supply the market demand.
To buy an Open Edition NFT:
Log in to nft.rally.io with your Rally account.
On the Marketplace, click Open Edition filter to see all live Open Edition NFTs available for purchase.
Select the desired NFT.
Click on “Buy with $COIN.”
A box is displayed with the USD Price, $COIN Price, and Total $COIN needed to complete this purchase. If you don’t have enough balance of your coin, click “Buy $COIN” to be sent to the Coin page then go through the purchase process.
We highly recommend buying slightly more than the listed purchase price to cover the cost of slippage.
Return to the NFT purchase page after securing enough coins then hit Confirm and Pay to purchase the NFT.
Buy Now drops are pre-minted, limited edition where the creator chooses the number of available NFTs within a given creation. Buy Now is used to create scarcity or if the NFT is used to offer something with limited availability such as 1:1 meeting.
To purchase a Buy Now NFT:
Log in to nft.rally.io with your Rally account.
On the Marketplace, click the Buy Now filter to see all NFTs designated as Buy Now (this includes primary sales from the Creator and secondary sales).
Select the desired NFT for purchase.
Click on “Buy with $COIN”
A page is loaded with the USD Price, $COIN Price, and Total $COIN needed to complete this purchase. If you don’t have enough balance of your coin, click “Buy $COIN” to be sent to the Coin page then go through the purchase process.
We highly recommend buying slightly more than the listed purchase price to cover the cost of slippage.
Return to the NFT purchase page after securing enough coins then hit Confirm and Pay to purchase the NFT.
Bids are placed using the creator’s Coin. Once a bid is placed, it cannot be withdrawn. Any bids placed in the last 15 minutes will add an additional 15 minutes.
To bid on an Auction NFT:
Log in to nft.rally.io with your Rally account.
On the Marketplace, click the Auction filter to see all NFTs designated as Auction.
Select the desired NFT for Auction.
Select an Edition of the NFT to place a bid on.
Click on “Bid.”
If you don’t have enough balance of your coin, click “Buy $COIN” to be sent to the Coin page then go through the purchase process. Enter a bid amount (in $COIN denomination) that is at least what is shown in the box, then hit Confirm Bid.