Cryptocurrency price LIVE – Ethereum, Solana, and Bitcoin plunge over 20% as ‘crypto crash’ smashes market

WHAT IS AN NFT MARKETPLACE?

An NFT is a non-fungible token.

Non-fungible tokens, in contrast to bitcoin, are each unique and cannot be replaced by something else.

The majority of NFTs exist within the Ethereum blockchain. Ethereum is a cryptocurrency that has the ability to support NFTs.

NFTs can be anything digital, and are commonly being used as a way to buy and sell digital art.

An NFT marketplace is used to list NFTs and ensure they are accessible for trading.

Marketplaces allow users to promote their NFTs, where buyers can browse through and bid on what they would like to purchase.



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