Unlocking NFT Access: How to Buy NFTs Without Owning Cryptocurrency – Your Step-by-Step Guide

By Joseph Katala
10 Min Read

Up until this point, to buy NFTs had been a little more difficult. Before making a purchase, users would have needed to create a cryptocurrency wallet, connect it to the NFT platform, and contribute the required amount to their wallets. Additionally, the Ethereum network powers the transactions on a large number of NFT markets. To purchase NFTs in these markets, potential purchasers had to fund their wallets with Ether, Ethereum’s native cryptocurrency.

Moreover, Non-Fungible Tokens (NFTs) have gained popularity as a means for producers to market their original works of digital art. Many consumers are hesitant to invest in NFTs because they do not currently possess any cryptocurrencies. The good news is that NFTs can now be bought even by those without cryptocurrencies. 

Read ” Are NFTs safe Investments?” and find out more on investing on NFTs. 

Purchasing NFTs without cryptocurrency is not as difficult as it may sound. Generally, you only need to examine the payment methods that marketplaces offer or make use of third-party services. Let us examine various fiat currencies and alternative payment options when you want to buy NFTs.

Making Use of Peer-To-Peer (P2P) Exchange 

Source: Economic Times

Users can sell and buy NFTs directly amongst one another by using a peer-to-peer (P2P) exchange, eliminating the need for middlemen like banks or payment processors. To buy NFTs, users must choose a site that offers the P2P exchange option.

One such is OpenSea, a decentralized marketplace for NFTs among others. To utilize the service, users must sign up for OpenSea and connect their wallets, such as MetaMask, which enables communication with the Ethereum blockchain. Once they have a linked wallet, users may browse the available NFTs and purchase them using fiat money or other payment methods.

Peer-to-peer exchanges can also provide lower fees than other options since there are no middlemen involved in the transactions. Additionally, certain platforms could offer services or unique NFT collections that are unavailable on other exchanges.

Nevertheless, there can be drawbacks to consider. Since P2P exchanges involve direct transactions between buyers and sellers, they may be more susceptible to fraud or scams than other strategies.

Users may thus need to carry out their own research and due diligence to check the legitimacy of the vendor and the NFT’s authenticity. Furthermore, purchasing and selling NFTs via a peer-to-peer exchange could be more difficult than using other methods, which might be cumbersome for newcomers.

Find out more about NFT Trade Cards in this article that profiles A Comprehensive Guide to Non-Fungible Tokens in the Card Collectibles World

Buy NFTs Through Third-Party Services

Using third-party services is another way to purchase NFTs without having any cryptocurrency of your own. These services allow users to buy NFTs using fiat currency or other payment methods that may not be accepted on NFT markets. So, how do you purchase NFTs via third-party services?

Users must find a vendor who enables them to buy NFTs from third parties. NiftyKit, Shopify, and Niftex.io are a few examples. Shopify, for instance, enables businesses to accept credit card payments. The “Payments” tab, which can be found in the “Settings” portion of a Shopify administrator account, is where artists must enable one or more of the additional cryptocurrency payment processors to accept cryptocurrency payments.

In general, customers must select a service they wish to use, create an account, and follow the payment instructions. Various payment options, including credit cards, bank transfers, and others, may be offered depending on the service.

There are benefits and drawbacks to using third-party services when purchasing NFTs. This technique allows users to purchase non-fungible tokens without having to hold Bitcoin, which is useful for those who are new to the world of cryptocurrencies.

Compared to NFT markets, these platforms provide a greater selection of payment methods, such as bank transfers and credit cards. To provide customers with additional alternatives, some services even incorporate extra features like fractionalized ownership of NFTs.

However, using third-party services could also come with certain drawbacks. There could be larger costs than on NFT exchanges, and those fees might add up over time. 

Additionally, third-party services could not be as secure as NFT markets, which increases the risk of fraud. Last but not least, users can be asked to create accounts and go through additional verification procedures, which could take time and possibly entail giving personal information.

Read this article to understand more on this Digital Art

Buy NFT on NFT Markets With a Credit Card

Purchasing NFTs with a credit card is one of the simplest ways to get these special digital assets without possessing any cryptocurrency. Some NFT markets, such OpenSea and Nifty Gateway, allow clients to buy non-fungible tokens using credit cards. It is important to keep in mind that not every marketplace will take credit cards as payment.

To use a credit card to buy NFTs, users must first create an account on the marketplace. Some markets demand identity verification before allowing credit card payments for nonfungible token purchases. After registering and validating their accounts, users may explore the numerous NFTs and select the ones they want to purchase.

Despite these potential drawbacks, to buy NFT using a credit card is a convenient method to acquire these unique digital assets even if you don’t have any cryptocurrencies. It enables those who are unfamiliar with or new to the world of cryptocurrencies to invest in NFTs without having to buy and trade coins.

Just in case you are building your way on NFTs and don’t know how to purchase NFTs, this complete guide on how to create, buy, and sell NFTs is a must-read

Drawbacks in Buying NFTs Without Cryptocurrency

The following restrictions still apply to anyone who wants to purchase NFTs without having cryptocurrency. Do you have any restrictions on where, when, and for which you can utilize dollars for NFTs?

Not all governments or nations across the world accept the Open Sea debit or credit card option. With the rare caveat that you can use a card in Texas if you pay in Polygon (MATIC) rather than Ethereum, New York, and Texas are two significant gaps. Hong Kong, China, Japan, and a few more places are also inaccessible. 

You can use your standard bank card with Rareible in almost any country on the earth. However, you cannot engage in bids with it, you can only use it to buy NFTs at a predetermined price.

The volatility of cryptocurrency values also may make it difficult for users to calculate the actual cost of nonfungible tokens. High transaction fees and security concerns may also make it difficult to buy NFTs without crypto.

Some purchasers could also be concerned about the regulatory unpredictability around the potential legal and tax repercussions of acquiring non-fungible tokens.


Buying NFTs without actually owning cryptocurrency is not as straightforward as one might hope. While there have been efforts to simplify the process, such as enabling credit card payments on some NFT marketplaces, it’s still a work in progress.

For now, the primary method to acquire NFTs is by first acquiring the necessary cryptocurrency, typically Ethereum (ETH), which is used on many popular NFT platforms. This involves creating a digital wallet, buying cryptocurrency from an exchange, and then transferring that cryptocurrency to your wallet.

Despite the complexities, the NFT space is evolving rapidly. Some marketplaces are exploring partnerships with traditional payment systems to make it easier for people to purchase NFTs without dealing directly with cryptocurrency. As blockchain technology advances, we can expect more user-friendly solutions to emerge.

In conclusion, while it’s not currently effortless to buy NFTs without owning cryptocurrency, the industry is actively exploring ways to bridge this gap. In the near future, we may see more accessible options for individuals who want to participate in the NFT market without the need to become cryptocurrency experts.

J.Katala is a writer with a strong background in both cryptocurrency and blockchain technology, Katala has a unique understanding of these rapidly evolving crypto industries. Writing for both technical and non-technical audiences, he contributes informative and engaging content for websites, whitepapers, and thought leadership pieces. His current passions is observing industry news and developments and consistently producing timely, relevant content.