: Means unique and non-interchangeable. For example, a $10 bill is fungible because you can swap it for another $10 bill; a original painting is non-fungible because it cannot be exactly replaced.
A Step-by-Step Guide to Buying and Selling NFTs - Investopedia : Means unique and non-interchangeable
: Trade occurs on marketplaces like OpenSea , Binance , and Magic Eden . To engage with the NFT market, you typically
To engage with the NFT market, you typically need a digital wallet and cryptocurrency (like Ether or Solana) to pay for transaction fees, known as "gas fees". Unlike cryptocurrencies like Bitcoin
: A decentralized digital ledger that publicly records all NFT transactions, making ownership history transparent and nearly impossible to forge.
An is a unique digital identifier recorded on a blockchain that certifies ownership and authenticity of a specific digital or physical asset. Unlike cryptocurrencies like Bitcoin, which are "fungible" (interchangeable), each NFT is one-of-a-kind and cannot be replaced with something identical. Core Concepts