How to Buy Blur (BLUR) Crypto? — Guide for Beginners

Blur, the revolutionary NFT marketplace and aggregator, has taken the Web 3 world by storm with its unmatched trading capabilities and recent crypto airdrop, and you’ve probably heard of it if you’re a trader or enthusiast for non-fungible tokens (NFTs).

In this article, we’ll cover all you need to know about Blur, including how to purchase BLUR, the platform’s native token, and analyze whether or not it’s a good investment in the current volatile cryptocurrency market.

What is Blur?

Blur is an NFT marketplace and aggregator that allows users to buy and sell NFTs from many exchanges for free and keep track of their NFT holdings with sophisticated analytics tools. Because of these features, the market has become more appealing to knowledgeable NFT traders and aficionados.

Blur is an Ethereum-based blockchain platform with the goal of optimizing your NFT trading experiences and increasing your profits. Blur’s more advanced features include real-time price feeds, price-based sorting, intuitive price filters, faster NFT sweeps, and no trading fees, making it competitive with the likes of OpenSea and LooksRare.

Blur is not only an aggregator, but it also integrates with OpenSea, X2Y2, and LooksRare. Traders can now centrally manage their NFTs and trade across numerous exchanges from a single spot thanks to this handy new functionality. Also, the special portfolio tab in Blur helps traders keep track of their digital assets by displaying key information like the scarcity, value, and profit and loss of the NFTs.

Blur: A Short Overview

Blur was developed in October 2022 by the anonymous Web 3 developer Pacman to serve the needs of professional Web 3 traders. It accomplishes this goal by fixing issues that bother active traders on prominent NFT trading platforms, such as slow processing times, poor user interfaces, and a lack of analytical tools.

Many venture capital firms, including Paradigm, have supported Blur’s development since its inception, and the company has proven itself successful on the market by achieving a quarterly trading volume of over $400 million by the end of the first quarter of 2023.

Blur announced the official airdrop of its native token, BLUR, in February 2023. BLUR has been highly anticipated because of the governance features it provides and the fact that its maximum supply is set at 3 billion. The remaining 9% is kept in a multi-signature wallet under the supervision of the team, while the remaining 12% is set aside for airdrop recipients.

How to Buy Blur (BLUR) Crypto?

When using a centralized exchange like KuCoin, Coinbase, or Kraken, buying BLUR is simple and quick. Read on to learn how to order BLUR from our online store.

1. Sign up for a digital account

In order to comply with the U.S. Securities and Exchange Commission’s (SEC) know-your-customer (KYC) standards, the first step is to open an account with a reputable exchange like OKX or KuCoin and provide identifying information.

It’s recommended that you look into the features, trading costs, and cryptocurrency selection of each exchange before making a final decision.

Decentralized exchanges (DEXs) like Uniswap and SushiSwap allow users to purchase BLUR without providing any personal information or undergoing a KYC procedure by simply connecting their crypto wallet. But, it’s important to note that DEXs might be more difficult to use, especially for newcomers to the business.

2. Get a Wallet (optional)

Although not required, getting a cryptocurrency wallet to store BLUR safely is strongly advised.

Software wallets and hardware wallets are the two types of crypto wallets. The answer to the question of which form of wallet is superior is subjective, as each offer distinctive benefits. Internet-connected software wallets are available via a variety of platforms, such as apps and web browsers, giving ease and user-friendliness.

Hardware wallets, on the other hand, are physical wallets that hold private keys offline. While being less accessible than software wallets, hardware wallets are more secure because they are not connected to the internet and so less susceptible to cyberattacks.

Best Hardware Wallet: Ledger

The Ledger range of hardware wallets, including the Nano X, Stax (currently accepting pre-orders), and Nano S Plus, is relied upon by millions of people across the world for its unrivaled security of digital assets. Users can store over 1,800 tokens, including BLUR and all ERC-20 tokens, and enjoy tamper-resistant Secure Element chips that are Common Criteria EAL5+ certified for optimal security.

Best Software Wallet: Trust Wallet

Trust Wallet is an industry-leading software wallet that offers a secure alternative for trading, storing and collecting an exhaustive selection of cryptocurrencies and NFTs. Trust Wallet, which was acquired by Binance in 2018, has garnered the trust of millions of users worldwide by enabling seamless access to more than 250,000 crypto assets across 65 blockchains. Trust Wallet is a great option for all types of investors due to its extensive reach and good reputation.

3. Making a purchase

You can buy, sell, and swap BLUR on an exchange once you sign up for an account and a cryptocurrency wallet.

Make a Deal with Your BLUR!

Swapping and trading are two methods that can be used to convert BLUR into other assets. The term “swap” is used to describe the exchange of one currency for another, whereas “trading” refers to the buying and selling of assets with the purpose of making a profit.

The most prevalent forms of orders are briefly described below.

• An order that is executed instantly at the best market price is called a market order.
• A limit order is a type of market order that won’t be filled unless the specified price is met.
• Stop order: A trading order that, once its stop price is achieved, automatically converts into a market order and is executed at the then-current market price.

Current BLUR Prices

In a moment, the value of a cryptocurrency might go up thousands of percent or down by the same amount. Because to the high degree of speculation involved, the market is vulnerable to fluctuations in investor confidence.

Keep an eye on current market trends and pricing changes. The latest crypto asset prices are listed in the table below.

Is Blur a Good Investment?

Blur is an exciting and pioneering venture that, with its own set of trading capabilities, has the potential to revolutionize the NFT business. There’s potential value in staking out ground in the coming months if you think Blur can eventually outperform rivals like LooksRare and OpenSea.

But, investors should be aware that cryptocurrency investment is highly speculative and fraught with regulatory uncertainty. Before putting money into anything, it’s crucial to do your research and assess how much risk you’re willing to take.

It’s also important to remember that the volatile nature of cryptocurrencies and its hazy regulatory future make crypto investments very high-risk.