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Showing posts from March, 2022

Securing your NFTs: What you really need to do?

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A lot of new people got into crypto just now with the onset of NFTs. Well folks, you missed most of the fun, but that's not what this post is about. NFTs, or non-fungible tokens, are  digital assets that are stored on a blockchain. This makes them unique and immutable, meaning they can't be copied or changed. Now, since these are stored on a blockchain, you need a wallet that can interact with that blockchain. That's why you need a crypto wallet. At the same time, you do not actually need anything special. If you have millions of dollars worth of NFTs, then sure. But for most NFT traders, that will never be an issue.  NFTs are just tokens The fact that NFTs are just tokens means you can store them in any wallet that is compatible with their blockchain: ETH NFTs in an Ethereum wallet SOL NFTs in a Solana wallet ETC NFTs in an ETC wallet (yes, they're a thing too) So, when all is said and done, the easiest solution is a multi-coin wallet. The best one of them, and a free ...