What exactly is an NFT?
Fungible tokens are all identical, like one ETH being indistinguishable from another; every NFT is different.
NFT stands for Non-Fungible Token. Each token has a unique identifier and cannot be directly exchanged for another.
When managing your funds, the most important thing to remember is to check what you’re authorizing before listing an NFT on a marketplace. Granting approval for an entire collection can let the other party transfer all the NFTs you own in that collection.
$ETH 2386.86(-4.18%)
Fungible tokens are all identical, like one ETH being indistinguishable from another; every NFT is different.
NFT stands for Non-Fungible Token. Each token has a unique identifier and cannot be directly exchanged for another.
When managing your funds, the most important thing to remember is to check what you’re authorizing before listing an NFT on a marketplace. Granting approval for an entire collection can let the other party transfer all the NFTs you own in that collection.
$ETH 2386.86(-4.18%)