NFT tokens are digital assets that can be used to represent ownership of a digital item. NFTs are stored on a blockchain, which is a decentralized ledger that records all transactions. Because NFTs are stored on a blockchain, they are tamper-proof and cannot be duplicated. This makes them ideal for representing ownership of digital items such as artwork, music, or videos.
How do you buy NFT tokens?
NFTs, or non-fungible tokens, are a new type of asset that can be bought, sold, or traded on the blockchain. Unlike Bitcoin or Ethereum, which are both fungible (meaning they can be exchanged for other assets of the same value), NFTs are unique and cannot be exchanged for anything else.
To buy NFTs, you’ll need to set up a wallet that supports them.
For example, the popular cryptocurrency wallet MetaMask now supports NFTs. Once you’ve set up your wallet, you can find NFTs for sale on marketplaces like OpenSea or Rarible.
When you find an NFT you want to buy, you’ll need to pay for it using the cryptocurrency of the platform you’re buying it on. For example, if you’re buying an NFT on Ethereum, you’ll need to pay for it using Ether.
Once you’ve bought an NFT, it’s stored in your wallet and you can do with it whatever you want! You can hold onto it, trade it, or even sell it.
How to store NFT tokens
NFT tokens can be stored in a number of ways, but the most popular and secure method is to use a dedicated NFT wallet.
There are a number of different NFT wallets available, but the most popular ones are MetaMask and Trust Wallet.
Both of these wallets allow you to store your NFT tokens in a secure and private way.
MetaMask is a browser extension that allows you to store your NFT tokens in a dedicated wallet.
Trust Wallet is a mobile wallet that allows you to store your NFT tokens in a dedicated wallet.
Once you have installed either of these wallets, you will need to add your NFT tokens to them.
This can be done by going to the “Add Token” page on MetaMask or the “Add Token” page on Trust Wallet.
From here, you will need to select the “Custom Token” option and enter the contract address, symbol, and decimals for your NFT token.
Once you have added your NFT token to your wallet, you will be able to view it, send it, and receive it like any other cryptocurrency.
Top NFT tokens to consider investing in
1. Decentraland (MANA)
Decentraland is a virtual world where users can buy, sell, or trade virtual land and property. The Decentraland platform is powered by the Ethereum blockchain, which allows for decentralized ownership and control of the virtual world.
2. CryptoKitties (CKTY)
CryptoKitties is a digital collectible game that allows users to breed, raise, and trade virtual cats. The game is powered by the Ethereum blockchain, which allows for decentralized ownership and control of the virtual cats.
3. Etheremon (EMONT)
Etheremon is a digital collectible game that allows users to capture, train, and trade virtual monsters. The game is powered by the Ethereum blockchain, which allows for decentralized ownership and control of virtual monsters.
4. My Crypto Heroes (MCH)
My Crypto Heroes is a digital collectible game that allows users to collect, train, and battle virtual heroes. The game is powered by the Ethereum blockchain, which allows for decentralized ownership and control of virtual heroes.
5. Axie Infinity (AXS)
Axie Infinity is a digital collectible game that allows users to collect, train, and battle virtual pets. The game is powered by the Ethereum blockchain, which allows for decentralized ownership and control of virtual pets.
All the best!
Wondering what NFTs are? Here’s a guide on – What are NFTs
Want to get one yourself? Here’s more info on – Where to buy NFTs
Wondering how NFTs work? Here’s your guide.
How to invest in NFTs – Earn money from NFTs by investing, maybe?
How to buy NFTs – Buy an NFT yourself.
Also, check out the guide on – How to make money with NFTs
You could make an NFT yourself – Here’s how to make NFTs
And finally, read on how to sell NFTs. Useful stuff! 😉
