How can I buy an NFT on the HENI Marketplace?

Getting Started

To buy, sell, use, and store The Currency NFTs you need a MetaMask wallet. MetaMask is a cryptocurrency wallet which allows you to store various tokens and NFTs. It can be used to interact with the Ethereum blockchain but also other networks such as Palm

Click here to set up a MetaMask wallet. 

Prices on the HENI Marketplace are in DAI. DAI is a cryptocurrency pegged to the US Dollar, meaning that 1 DAI is approximately 1 USD, and is the most common token used to pay for NFTs and services on Palm. 

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***IMPORTANT*** 
You can not directly transfer DAI from Palm to an Ethereum marketplace exchange (such as Coinbase/Binance/Kraken). You need to use the bridge to first transfer it to a regular Ethereum wallet. Not using the DAI bridge to transfer DAI may result in a loss of funds. Find the bridge here

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Buying DAI 

The first step in adding DAI to your MetaMask wallet, is making sure that your wallet is configured correctly by adding the Palm network and configuring the DAI token. Please click here

There are several ways to add DAI to your MetaMask wallet which we have outlined below: 

  • Buy DAI on an exchange platform on Ethereum

If you have an account with one of the major exchanges such as Coinbase/Binance/Kraken, this is one of the easiest ways to add DAI to your Palm wallet. If you do not have an account, you may want to register for one.  

You can deposit money into your account using their offered payment methods. Some exchanges allow you to directly buy DAI with your funds. An alternative solution is to buy ETH, and then convert the ETH into DAI. 

With DAI in your exchange account on the Ethereum network, you need to withdraw it to a MetaMask wallet. You can learn how to setup a MetaMask wallet here. Please remember to write down the recovery seed phrase on a piece of paper and to keep it safe. Once you have DAI on MetaMask, you can use the DAI bridge to move it from Ethereum to Palm. The DAI bridge can be found here

After bridging your DAI to Palm, you are now able to use it on the HENI Marketplace

  • Convert existing ETH to DAI

If you already have ETH in your Ethereum wallet, you can convert it to DAI using SushiSwap. Please find SushiSwap here

With DAI in your account on the Ethereum network, you now need to use the DAI bridge to send it to your wallet on the Palm network. 

The DAI bridge can be found here

  • Use your credit card to buy DAI on Palm

Using the fiat onramp, you can use your credit card to buy DAI directly on the Palm network. It is important to note that this feature has a maximum of $1,000 per 24 hours.  

The fiat onramp can be found here

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PLEASE NOTE 
If your NFT is sold, you will receive DAI on the Palm network. If you want to transfer your DAI to the Ethereum network, you need to use the DAI bridge. You can not directly transfer DAI from Palm to an Ethereum marketplace exchange (such as Coinbase/Binance/Kraken). You need to use the bridge to first transfer it to a regular Ethereum wallet. Not using the DAI bridge to transfer DAI may result in a loss of funds. Find the bridge here

The HENI marketplace charges 5% commission which is deducted from the final sale price. 

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