Let’s talk about non-fungible tokens (NFTs).
NFT stands for Non-Fungible Token. Each token has a unique ID, so they can’t be exchanged for one another on an equal basis.
Honestly, I hadn’t paid attention to this before either: before listing an NFT on a marketplace, check what you’re signing. Granting one-time authorization for an entire collection allows the other party to use all the NFTs in that collection.
Minting and trading NFTs on Ethereum require $ETH to pay gas fees.
Try to invest only what you can afford to lose without affecting your life.
#ETH
NFT stands for Non-Fungible Token. Each token has a unique ID, so they can’t be exchanged for one another on an equal basis.
Honestly, I hadn’t paid attention to this before either: before listing an NFT on a marketplace, check what you’re signing. Granting one-time authorization for an entire collection allows the other party to use all the NFTs in that collection.
Minting and trading NFTs on Ethereum require $ETH to pay gas fees.
Try to invest only what you can afford to lose without affecting your life.
#ETH