How much does an NFT cost?

The costs to develop an NFT can vary greatly depending on the type of market. The developer must create code to enable the NFT to function for free. This can cost anywhere from $7 to $150 , depending on the complexity of the project. It is up to the creator what format an NFT takes.

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Can you buy NFT on Binance?

If you’re looking for an easy-to-use NFT marketplace with low fees, Binance NFT might be your best bet . Binance NFT is the world’s largest centralized NFT marketplace where anyone can browse and trade a diverse selection of in-game items, virtual land, art pieces and more — at a flat trading fee of just 1%.

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What are NFT coins?

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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