Why You Should Invest in NFTs | How To Start on @Binance NFT Marketplace

In this video, I talk about Why You Should Invest in NFTs & How To Start buying NFTs in the Binance NFT Marketplace.

An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.

NFT stands for non-fungible token. It’s generally built using the same kind of programming as cryptocurrency, like Bitcoin or Ethereum, but that’s where the similarity ends.

Physical money and cryptocurrencies are “fungible,” meaning they can be traded or exchanged for one another. They’re also equal in value—one dollar is always worth another dollar; one Bitcoin is always equal to another Bitcoin. Crypto’s fungibility makes it a trusted means of conducting transactions on the blockchain.

NFTs are different. Each has a digital signature that makes it impossible for NFTs to be exchanged for or equal to one another (hence, non-fungible).

Sign up for a trading account on Binance: https://www.binance.com/en/register?r...

IMPORTANT RESOURCES FOR FURTHER READING

https://www.binance.com/en/nft?ref=ER...

Marketplace: https://www.binance.com/en/nft/market...

https://www.binance.com/en/nft/blindB...

VIDEO CHAPTERS

Introduction 00:00

What is an NFT? 00:49

How to assess an NFT 02:25

Rarity of an NFT 02:39

Utility of an NFT 04:17

Tangibility of an NFT 06:12

Where to buy NFTs 07:07

How to sell NFT on Binance NFT Marketplace 08:14

Binance NFT Airdrops 08:46

Binance Collectibles 09:21

NFTs for artists 09:44




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FINANCIAL DISCLAIMER

The information contained on this video and this Channel is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this video and Channel is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.


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