#NFT
■ For beginners in crypto trading, you are certainly asking this question:
What is a non-fungible token (NFT)?
▪︎NFTs, or non-fungible tokens, represent unique assets on a blockchain, unlike fungible crypto assets such as bitcoin. They allow for the certification and trading of digital goods such as artwork, videos, or video game items.
To create, buy, or sell NFTs, a digital wallet is necessary. Transactions, which confirm ownership via the blockchain, carry risks of volatility and speculation, similar to those of cryptocurrencies.
NFTs can lose value based on supply and demand, and transaction fees may apply. Users must exercise caution against fraud, such as wash trading, and stick to their budget to avoid financial losses.
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