What is NFT in crypto com?

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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Is crypto coin legal?

Bitcoin and other cryptocurrencies are regulated by an assortment of rules both at the federal and state level . The U.S. has developed a patchwork of cryptocurrency regulations in recent years, with legislators at both the state and the federal level taking turns tackling specific areas of the industry.

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