{"id":839,"date":"2023-01-17T16:02:58","date_gmt":"2023-01-17T16:02:58","guid":{"rendered":"http:\/\/78.47.81.216\/?p=839"},"modified":"2023-02-28T14:07:06","modified_gmt":"2023-02-28T14:07:06","slug":"how-to-trade-nft","status":"publish","type":"post","link":"https:\/\/blog.ag.qubiq.cc\/?p=839","title":{"rendered":"How to trade NFT"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2023\/01\/How-to-trade-NFT_-1024x576.jpg\" alt=\"\" class=\"wp-image-840\" srcset=\"https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2023\/01\/How-to-trade-NFT_-1024x576.jpg 1024w, https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2023\/01\/How-to-trade-NFT_-300x169.jpg 300w, https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2023\/01\/How-to-trade-NFT_-768x432.jpg 768w, https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2023\/01\/How-to-trade-NFT_.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The popularity of <strong>crypto <\/strong>art and <strong>NFT <\/strong>remains high, even as discussions about the <strong>NFT <\/strong>bubble emerge. That&#8217;s why <strong>crypto <\/strong>enthusiasts and people without much experience with <strong>Ethereum <\/strong>and other <strong>cryptocurrencies <\/strong>consider <strong>tokens <\/strong>a good investment and trade NFTs on <strong>NFT platforms<\/strong> making good money.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you want to know more about the <strong>world of NFT trading,<\/strong> then this content is created especially for you. Be sure to study this material if you want to <strong>start NFT trading<\/strong>, earn more <strong>cryptocurrency <\/strong>and develop.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How does trading on the <strong>NFT market<\/strong> work?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you want to <strong>buy and sell NFTs<\/strong>, you need to start with the basics. So, NFTs are purchased and <strong>traded <\/strong>for <strong>cryptocurrencies <\/strong>on the <strong>NFT marketplace<\/strong> or various <strong>NFT trading platforms <\/strong>on the <strong>crypto <\/strong>and <strong>NFT <\/strong>markets. You must have a <strong><a href=\"https:\/\/blog.alphaguilty.io\/how-to-set-up-a-crypto-wallet\">crypto wallet<\/a><\/strong>. Most <strong>NFTs <\/strong>are stored on the <strong>Ethereum <\/strong>network. Well, let&#8217;s elaborate on the <strong>NFT trade <\/strong>more closely:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Before the <strong>token <\/strong>is put up for <strong>trade<\/strong>, it must be minted. In many cases, the <strong>token <\/strong>is listed to <strong>trade <\/strong>at a set worth in <strong>cryptocurrency<\/strong>. Sometimes the <strong>NFTs <\/strong>maker may choose to auction it off.<\/li>\n\n\n\n<li>Each <strong>token <\/strong>has no fixed price and <strong>NFT <\/strong>worth depends mostly on supply and demand within the <strong>NFTs <\/strong>market and the <strong>NFT collection.<\/strong><\/li>\n\n\n\n<li>Your <strong>token <\/strong>can either be valueless compared to other <strong>NFTs<\/strong>, or it can be worthwhile a lot according to another <strong>crypto <\/strong>enthusiast&#8217;s willingness to pay for this <strong>NFT<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">It is obvious that <strong>NFT <\/strong>is just an asset and you can <strong>trade <\/strong>your <strong>token <\/strong>just like <strong>crypto<\/strong>, shares, or goods. So, <strong><a href=\"https:\/\/blog.alphaguilty.io\/how-to-create-a-crypto-token\">NFT tokens<\/a> <\/strong>as <strong>digital assets<\/strong> and <strong>cryptocurrenc\u0443 <\/strong>are closely related, but they are not the same thing, <strong>NFT trades<\/strong> are somewhat different. The difference is that <strong>cryptocurrency<\/strong>, unlike such <strong><a href=\"https:\/\/blog.alphaguilty.io\/how-to-create-a-crypto-token\">NFT tokens<\/a><\/strong>, is interchangeable. You can exchange one <strong>Ethereum <\/strong>for other and the worth will be similar, but with <strong><a href=\"https:\/\/blog.alphaguilty.io\/how-to-create-a-crypto-token\">NFT tokens<\/a> <\/strong>this does not work.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to <strong>trade NFTs<\/strong> and make a good profit?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You can <strong>buy and sell NFTs<\/strong> on <strong>popular NFT<\/strong> platforms. Some operate as <strong>NFT marketplaces<\/strong> with many categories, while others specialize in <strong>NFT trading cards <\/strong>in art or games. Before you start trading, you need to get a special <strong>wallet <\/strong>and determine the points that will affect the proceeds of the <strong>trade<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To start trading, of course, you need <strong>tokens<\/strong>. You can create your <strong>NFT<\/strong>, buy it from creators or get in the games. You can also get NFT for free by participating in a giveaway or airdrop (for example, you can find airdrops on <a href=\"https:\/\/dappradar.com\/hub\/airdrops\">DappRadar<\/a>). Fashion brands also sell NFTs along with clothes.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To put <strong>NFTs <\/strong>up for selling and <strong>trade tokens<\/strong>, register on the <strong>NFT marketplace<\/strong> and be verified, then <strong>connect your wallet.<\/strong> The right <strong>wallet <\/strong>will be a very important cause, without a <a href=\"https:\/\/blog.alphaguilty.io\/how-to-set-up-a-crypto-wallet\">crypto wallet<\/a>, it is impossible to <strong>trade tokens <\/strong>on the <strong>NFT marketplace<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A <strong>wallet <\/strong>is where you will store the <strong>tokens <\/strong>you earn, buy or sell. As a rule, the ETH <strong>wallet <\/strong>is used, so you will need to connect the right <strong>wallet <\/strong>for a particular marketplace. Info about the necessary <strong>wallet <\/strong>is published on the platform&#8217;s site, then, you need to deposit into the <strong>wallet<\/strong>. Which <strong>wallet <\/strong>to choose for <strong>NFT<\/strong>? Of course, choosing a <strong>wallet <\/strong>is not easy, but it&#8217;s best to pay attention to <strong>wallets <\/strong>with a simple setup.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So, you need to get valuable <strong>NFTs <\/strong>or find hidden gems <strong>NFT trading cards<\/strong> at a low price to <strong>trade <\/strong>those tokens at a higher cost and get a good profit.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What are the risks in trading?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Two <strong>NFT <\/strong>artworks by the same artist can have completely different prices, just like two identical paintings by different artists. The value of such a <strong>crypto <\/strong>asset is how much people are willing to pay for it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fraudulent <strong>traders <\/strong>can take advantage of this fact to artificially inflate the perceived value of <strong>NFT<\/strong>. By making fake <strong>trades <\/strong>of NFTs at inflated prices between the <strong>wallets <\/strong>they control, they can create a historical record of the value of the <strong>NFT traded <\/strong>at a particular price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NFT <\/strong>investors can have many reasons for moving holdings between the various <strong>wallets <\/strong>under their control. However, fraudsters usually do so for malicious purposes and abuse the markets on which tokens are bought and sold, so be aware of it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Are <strong>NFTs <\/strong>a suitable investment for you?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Today <strong>NFTs <\/strong>began to be valued not only as a <strong>digital asset<\/strong> but also as irrefutable proof of authorship, which caused a real <strong>NFTs <\/strong>and <strong>cryptocurrencies <\/strong>boom among creative individuals. Thanks to NFTs, everyone has a chance to protect his or her art on the <strong>Ethereum <\/strong>network, as well as to <strong>trade <\/strong>it on the <strong>NFT marketplace<\/strong>. The <strong>NFT craze<\/strong> for <strong>creating an NFT<\/strong> and<strong> selling NFTs<\/strong> has even spread to artists, musicians, and other media personalities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Should you start to <strong>trade <a href=\"https:\/\/blog.alphaguilty.io\/how-to-create-a-crypto-token\">NFT tokens<\/a> <\/strong>and make investments? The price of a particular <strong>NFT <\/strong>can both rise quickly and fall instantly. This danger exists in other types of <strong>trade <\/strong>as well, so if you keep it in mind, of course, you can try your forces and make a good profit.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Where is the best place to <strong>trade NFTs <\/strong>today?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Some samples of reliable <strong>NFT marketplaces<\/strong> to <strong>trade <\/strong>tokens are<strong> NFT Launchpad,<\/strong> Rarible, and Niftygateway. If you are a beginner or work with a newly running <strong>NFT marketplace<\/strong>, it is recommended to start trading with small investments in a <strong><a href=\"https:\/\/blog.alphaguilty.io\/how-to-set-up-a-crypto-wallet\">crypto wallet<\/a><\/strong>, so as not to be deceived.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How you can trade NFTs today and the way it works? How much can you make by selling NFT? Does blockchain technology represent a good investment these days? Choosing the best place for NFT trading<\/p>\n","protected":false},"author":7,"featured_media":840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[40,38,39,83],"authors":[37],"class_list":["post-839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlighted","tag-alphaguilty","tag-education","tag-nft","tag-trading","authors-alphaguilty"],"acf":{"reading_time":""},"author-name":"AG Content Manager","suggested-articles":[{"ID":570,"post_author":"7","post_date":"2022-11-20 10:53:42","post_date_gmt":"2022-11-20 10:53:42","post_content":"<!-- wp:image {\"id\":571,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2022\/11\/blog-16-1024x576.jpeg\" alt=\"\" class=\"wp-image-571\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p id=\"a628\">The world\u2019s second largest cryptocurrency exchange is suffering a severe crisis, which may spill over to the rest of the crypto market. What actually happened to FTX, could the management prevent this, and what effect will it have on the industry \u2014 in our case study.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"b4cf\"><strong>Short facts about FTX<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul>\n<!-- wp:list-item -->\n<li>FTX is a cryptocurrency exchange with a headquarter in the Bahamas. It is managed from the US, with its biggest offices in Chicago and Miami.<\/li>\n<!-- \/wp:list-item -->\n<!-- wp:list-item -->\n<li>FTX was founded in 2019, and had over one million users at its peak in 2021.<\/li>\n<!-- \/wp:list-item -->\n<!-- wp:list-item -->\n<li>The exchange is run by Sam Bankman-Fried, nicknamed the \u201cKing Of Crypto\u201d, who is its CEO and founder.<\/li>\n<!-- \/wp:list-item -->\n<!-- wp:list-item -->\n<li>Sam Bankman-Fried also owns a crypto hedge fund Alameda.<\/li>\n<!-- \/wp:list-item -->\n<!-- wp:list-item -->\n<li>The native token of FTX is FTT, and it appeared to be the real troublemaker.<\/li>\n<!-- \/wp:list-item -->\n<\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"60d4\"><strong>What went wrong?<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"5a47\">In the beginning of November 2022, CoinDesk reported on a leaked document that showed that the hedge fund Alameda held an unusually large amount of FTT tokens worth $5.1 billion. It revealed suspicious close financial ties between FTX and Alameda that were meant to be separate businesses.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"1d4f\">Soon after the publication, Binance, the largest crypto exchange, announced that it would sell its FTT tokens worth about $500m \u201cdue to recent revelations.\u201d The value of FTT rapidly collapsed, and FTX customers started withdrawing funds.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"9c65\">FTX now was to complete withdrawals, which amounted to nearly $6 billion over three days. The exchange entered a liquidity crunch, meaning it lacked the money to fulfill requests.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"2885\"><strong>What\u2019s the matter with Binance?<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"a387\">Binance first decided to bail out FTX, saying it had reached an agreement to buy the company. But later CZ, Binance\u2019s CEO, announced it would no longer buy FTX, referring to a \u201cresult of corporate due diligence.\u201d He also cited regulatory investigations and reports of mishandled funds.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"d343\"><strong>What was next?<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"98ce\">The assets of FTX were frozen by the Bahamas securities regulator, while Bankman-Fried was seeking up to $8 billion to bail out the exchange. On the same day, Californian authorities initiated an investigation on FTX.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"cc7d\">Bankman-Fried apologized for the liquidity crisis, admitting that FTX had insufficient funds to meet customer demands. Bankman-Fried said that \u201cpoor internal labeling\u201d caused FTX to miscalculate leverage and liquidity. He left his post as CEO and filed for bankruptcy protection.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"f4c7\">Within hours of filing for bankruptcy, FTX claimed it became a victim of \u201cunauthorized transactions.\u201d Some analysts also said they suspect that $477 million was stolen from FTX in the suspected hack.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"c944\"><strong>FTX\u2019s future and effects on the market<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"a414\">As of today, FTX is unable to process withdrawals, and strongly advises against depositing. The exchange\u2019s future is in serious jeopardy. In addition, it has lost customers\u2019 trust and raised security and liquidity among investors. The FTX crisis is the largest collapse in the short history of crypto.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"457c\">This collapse has already affected the rest of the market: Bitcoin has plummeted from $20K to $16.5K, its lowest value since 2020. Many other coins lost their value too, in addition to the ongoing crypto crash.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"4eff\">FTX was not the first crypto exchange to collapse, though. But it probably was the largest and most trusted platform to fail as badly. It\u2019s expected that traders and investors will be more cautious, but won\u2019t pull out of crypto on the whole.<\/p>\n<!-- \/wp:paragraph -->","post_title":"Case Study: What happened to #FTX?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"case-study-what-happened-to-ftx","to_ping":"","pinged":"","post_modified":"2022-12-19 09:32:16","post_modified_gmt":"2022-12-19 09:32:16","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=570","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":554,"post_author":"7","post_date":"2022-11-20 10:45:38","post_date_gmt":"2022-11-20 10:45:38","post_content":"<!-- wp:image {\"id\":555,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2022\/11\/blog-13-1024x576.png\" alt=\"\" class=\"wp-image-555\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p id=\"93fe\">Polkadot, aka a \u201cblockchain of blockchains,\u201d is thought to be one of the most successful blockchain projects ever. It is aimed to solve the eternal problems of networks such as Ethereum and Bitcoin, providing new possibilities to web3 users and business.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"d424\">Let\u2019s dive into the history and ideas behind the Polkadot project.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"3142\"><strong>What is Polkadot<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"9842\">Polkadot is a next-generation protocol that mainly resolves the problem of interoperability. It connects blockchains, allowing them to operate seamlessly together at scale. Polkadot ables to transfer data across previously incompatible networks, such as Bitcoin and Ethereum.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"793a\">In other terms, Polkadot is a blockchain with a core network \u2014 the relay chain, which hosts other blockchains, allowing them to connect and communicate with each other. The project is powered by the native coin DOT.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"d9c9\"><strong>The idea behind Polkadot<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"5513\">The Polkadot ecosystem tries to resolve many limitations of modern blockchains, such as scalability, security and of course, interoperability. The idea is even hidden in the project\u2019s name: a polka dot pattern includes multiple dots that form a seamless print. They probably symbolize different blockchains united in the Polkadot network.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"eb44\"><strong>The origins<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"9c71\">The project was conceived in 2016 and it took it a couple of years to materialize. Polkadot\u2019s history is closely associated with Ethereum: its founder is Dr. Gavin Wood, who previously was a core developer of Ethereum, and deployed its smart contract language, Solidity.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"1080\">Wood left Ethereum to build a more sharded blockchain, and in October of 2016, he published Polkadot\u2019s white paper.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"5c93\">Polkadot was officially launched in an \u2018initial\u2019 state in May 2020, and the DOT token hit the market in August. A year later, DOT got recognition and was listed on Coinbase.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"a278\"><strong>How it evolved<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"a681\">Soon after the launch, validators started joining the network and showing their intention to participate in consensus. Polkadot quickly evolved to become a proof-of-stake (PoS) network in June 2020. A month later, the governance of the chain was transferred into the hands of the DOT holders.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"3d61\">As of today, Polkadot supports 100 parachains, offering developers a great degree of freedom. Polkadot can process 1,000 transactions per second, however, the potential upper limit is 1 million transactions. It is still to be.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"f043\"><strong>Hitting the market<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"9e4c\">DOT token is consistently among the top 20 cryptocurrencies by capitalization, according to Coinmarketcap. Its daily trading volumes surge to $6-$7B in peak periods, and indicate a great interest from users who want to participate in the Polkadot ecosystem.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"b03c\">Another reason for Polkadot\u2019s popularity is cost efficiency. For high-traffic dapps with a large number of users, deploying on Polkadot is expected to be more economical than creating own blockchain or building on top of an existing smart contract platform.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"a2ce\">Polkadot has also introduced a range of advanced technology and trading tools to the crypto market, such as staking, and is expected to do more. Currently, Polkadot can boast nearly 145K monthly users \u2014 less than the Ethereum blockchain, but still a lot for a relatively new blockchain.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"8c52\"><strong>Overall<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"4f06\">Polkadot can offer many unique benefits to entrepreneurs, developers,<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"a18a\">users and investors. Its stable and reliable network along with its roadmap look like a promising scenario for the project\u2019s evolution, which will be interesting to follow.<\/p>\n<!-- \/wp:paragraph -->","post_title":"Case Study: Origins of Polkadot","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"case-study-origins-of-polkadot","to_ping":"","pinged":"","post_modified":"2022-12-19 09:32:48","post_modified_gmt":"2022-12-19 09:32:48","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=554","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1095,"post_author":"7","post_date":"2023-03-03 10:23:19","post_date_gmt":"2023-03-03 10:23:19","post_content":"<!-- wp:image {\"id\":1096,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2023\/03\/MetaMask_crypto_wallet_How_to_be_eligible_for_the_potential_airdrop-1024x576.jpg\" alt=\"\" class=\"wp-image-1096\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>One of the most admired and safe cryptocurrency wallets based on the ETH network is <strong>MetaMask<\/strong>. This platform is now additionally offered as a browser extension and an app. for mobile devices. This application is made to store and make transfers with assets such as NFTs and cryptocurrency generated on ETH, along with other comparable blockchains.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Talking about <strong>MetaMask<\/strong>.<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The following is a free <strong>cryptocurrency wallet<\/strong> made to store crypto, conduct transactions, and communicate with ETH applications. To put it another way, MetaMask enables users to maintain their keys and then safely access apps and web resources via dApps that are built on ETH.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What is the functioning principle of MetaMask?\n<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As mentioned earlier, it is based on the ETH network, and is a reliable and secure tool with a flawless UI and a simple transaction process. With this wallet, managing keys for each transaction is not necessary. When a secure payment is made, it will ask for your approval and sign every transaction.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Bitcoin<\/strong> is supported by this wallet, although not in the same sense that an exchange wallet does. Since BTC is not an ERC-20 token, <strong>MetaMask<\/strong> wallet cannot directly accept the most widely used cryptocurrency.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Advantages and downsides of MetaMask.<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The app offers a lot of obvious benefits, including a reputable creator, a huge selection of crypto, assistance services, extra features, and others. Furthermore, since this wallet is non-custodial, its creators do not keep records of its users' keys.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>How about an impending airdrop? The owning company has previously said that a token would be released. There is no other information on airdrop accessible, though. At the moment, you only need to join AlphaQuest\nand do the easy tasks on the list to be eligible to win a retrodrop!<\/p>\n<!-- \/wp:paragraph -->","post_title":"MetaMask","post_excerpt":"What is a MetaMask crypto wallet and how does it work? What benefits do you get from using MetaMask? 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