What is an NFT and how can you buy one?

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A drawing of an ape, or a flying cat with a Pop-Tart for a torso? No, this isn’t your browsing history — these are NFTs, and some of them are selling for millions of dollars. But just what is an NFT?

In this video, we explain the definition of 'Non-Fungible Tokens' and why people are willing to pay thousands or even millions for them.

We'll cover:
0:43 — What is an NFT?
1:11 — Things to know before buying NFTs
Want to learn more about how to buy, sell, and use crypto to invest in an NFT of your own? Check out our blog:

The statements in this video do not constitute investment advice or any other advice on financial services, financial instruments, financial products, or digital assets. They are intended to provide general information. The statements in this video do not constitute an offer to conclude a contract for the purchase or sale of financial instruments and financial products or an invitation to submit such an offer and to buy or sell any particular digital asset. Cryptocurrencies are subject to high fluctuations in value. A decline in value or a complete loss are possible at any time. The loss of access to data and passwords can also lead to a complete loss.

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in my oppinion NFTs are just used to show of, these digital assets have no use except for just keeping as showpiece

haiderbhojani
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