What are nonfungible tokens (NFTs)?
NFTs, or nonfungible tokens, are blockchain-based digital assets that represent unique, collectible items, such as digital or real-world art, collectibles, in-game assets or wearables and more. Other examples NFT tokens and coins include collection-specific tokens (APE), metaverse currencies (MANA), native assets to networks/scaling solutions (FLOW, ENJ, WAXP, IMX), GameFi assets (SLP), GameFi guild assets (YGG) and project governance tokens (ENS).
Cryptocurrencies listed above are not NFTs themselves but are native crypto assets for some of the most popular NFT platforms.
How do I buy an NFT?
First, obtain a Web 3.0 wallet and connect it to OKX Wallet. Navigate to the NFT Marketplace, select the desired NFT and click either Buy now or Make offer to set a bid.
Can I buy an NFT without bidding for it?
Yes. Navigate to the "NFT Marketplace" and directly buy an NFT at the listed price to skip the bidding process.
Why buy NFTs with OKX?
OKX increases your potential profitability by not charging any convenience or platform fees for the NFTs you wish to purchase on our secondary market.
Are NFTs a risky investment?
Like all cryptocurrencies, NFTs are also volatile, and, therefore, carry investment risk. Before investing in NFTs you should do your own research (DYOR) and evaluate your risk appetite.