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How are NFTs bought and what stores are on the market?

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One of the most exciting booms in the crypto space is the marketing of non-fungible tokens, better known by the acronym NFT (non-fungible token).

But what is an NFT? Simply put, these assets, which can be images, videos, or audio files, are different from other cryptocurrencies in that they are unique and indivisible. This means that, unlike what happens with Bitcoin (BTC), in which 1 BTC in your wallet is worth the same as Elon Musk’s 1 BTC, each NFT has a certain price due to its rarity, utility, and the law of demand. and suggestions. .

Similarly, it is possible to buy a small portion of bitcoins, but not portions of non-fungible tokens. Of course, something that NFTs have in common with the rest of the digital currencies is that they remain in blockchainas well as on the Ethereum network blockchain, which is currently most often used to buy and sell them.

What do I need to do to buy NFT?

First of all, you need to create and own a cryptocurrency wallet or walletbecause in this way you will connect with different markets existing. If you do not know how to open it,…

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