How do I invest in NFT stocks?

To bid on these digital assets, you’ll need to open and fund a crypto wallet on an NFT marketplace . A crypto wallet, like a digital wallet on an e-commerce platform, stores cryptocurrencies needed to purchase an NFT. A wallet needs to be funded with the crypto needed to buy a targeted NFT.

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What does NFT mean?

NFT stands for non-fungible token . It’s generally built using the same kind of programming as cryptocurrency, like Bitcoin or Ethereum, but that’s where the similarity ends. Physical money and cryptocurrencies are “fungible,” meaning they can be traded or exchanged for one another.

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What is NFT code?

NFTs are tokens that we can use to represent ownership of unique items . They let us tokenise things like art, collectibles, even real estate. They can only have one official owner at a time and they’re secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.

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