If you are involved in non-fungible token (NFT) trading, or if you want to get into the fast-paced world of NFT investing, Blur is a great place to go. Blur is an aggregator and trading platform for NFTs, and it is based on Ethereum.
Why Traders and Investors Turn to Blur
One of the biggest reasons why Blur is the place to be for NFT traders and investors is that Blur provides detailed market data in the NFT space. Other sites might use an NFT API for Blur market data, but seeking data straight through Blur can often be more convenient.
Of course, if you already have select destinations on the web that provide this data through an NFT API for Blur market data, those solutions can work as well. The key is to get Blur's market data in front of you.
What Market Data Does Blur Provide?
Blur offers data that can be used by NFT traders and investors, including real-time pricing data for NFTs and data garnered from collection sweeping. Aside from the data, Blur offers quick-swapping and has zero trading fees along with royalties that can be customized. This makes it a wonderful solution for traders and investors, as well as those who are new to the NFT space.
Why is Market Data Important for NFT Traders and Investors?
Having access to market data is vital in any type of investing scenario, and NFT trading is no different. Sellers who want to get the best price for their NFTs can rely on market data to track trends and determine the best time to sell. Buyers can analyze market data to see where trends are headed to make purchases before everyone else tries to get in on the action and prices go up.
However you plan to use Blur market data, it's a good idea to check in daily if you're serious about NFT trading or investing. Small changes in NFT markets can lead to missed opportunities or great trades. This is where APIs can be beneficial. By tracking market data through a Blur API, you can stay ahead of the curve and strike while the iron is hot.
Disclaimer: The above is not financial advice. Consult with a financial professional before investing.
Author Resource:-
Emily Clarke writes about NFT data platform, NFT API, NFT metadata for 40+ chains and other related topics. You can find her thoughts at NFT bids blog.