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.
How do I buy NFTs?
NFT digital artwork can be purchased on crypto marketplaces. Each market supports different types of cryptocurrency based on their specific digital wallets. Most NFTs are purchased using Ethereum. Below are some steps for you:
1. To purchase an NFT asset, first, you need to open e an account for your digital wallet.
2. Connect your digital wallet of choice, such as MetaMask with your account on a marketplace website like OpenSea.
3. You need to buy some cryptocurrency for purchasing, such as Coinbase, Voyager, and Ethereum.
4. Then, you can bid on NFT arts you like.
How do I sell NTF's?
NFTs can be sold in crypto marketplaces, which vary between different cryptocurrencies. Let's talk about the general process.
1. First, upload your NFT to a market like Rarible.com.
2. You will be able to include specific descriptors for your NFT art, such as the name, title, and stories to make your NFT art more desirable.
3. Set up your franchise, select "Connect Wallet" like MetaMask, and pay the gas fee.
4. Click "Start" to sign the sales order with your digital wallet.
5. Click "Sign" in the MetaMask pop-up window.
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