Layman’s guide for buying and selling NFTs
Apart from smart contracts and cryptocurrencies, if there is another blockchain application that has been raising steaming debate of late, it has to be NFTs. These are Non-Fungible Tokens that stand out as exclusive compositions, ranging from artwork to photography to game characters to brand avatars, and more. Even memorable tweets by celebrities and industry leaders are also raking up bags of money as NFTs. The most fundamental characteristic of NFTs is that every single NFT is non-swappable. Crypto and NFT are both blockchain creations but while you can swap crypto, you can’t do the same with NFTs. Are you too aspiring to sign up with the NFT bandwagon? Well, in that case, you need to have a detailed understanding on how you would buy and sell nfts . Now, it’s no rocket science to buy and sell nfts. It’s just that you have to follow certain steps with due diligence. But, before we delve into the process of how to buy and sell nfts, let’s understand the pre-requisites. There ar