Cryptocurrency Q&A
What is SBT and NFT in crypto?
What is SBT and NFT in crypto?
Martino
Tue Nov 19 2024
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6 answers
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SBT stands for Soul-Bound Token, a special type of NFT that, once acquired, is permanently linked to the owner's account and cannot be transferred. NFT, short for Non-Fungible Token, represents unique and non-interchangeable items such as artwork, music, or virtual real estate, built on blockchain technology.
6 answers
InfinityVoyager
Thu Nov 21 2024
Soulbound tokens (SBTs) represent a distinctive category of non-fungible tokens (NFTs) within the cryptocurrency realm.
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Giulia
Wed Nov 20 2024
This Immutable characteristic sets SBTs apart from other types of NFTs, which can typically be traded or moved between wallets.
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ShintoBlessing
Wed Nov 20 2024
These tokens are issued on a decentralized blockchain network through a digital or crypto wallet.
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Valeria
Wed Nov 20 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services that cater to the evolving needs of the crypto market. Among its offerings are spot trading, futures trading, and a secure wallet solution.
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Eleonora
Wed Nov 20 2024
The peculiarity of SBTs lies in their inability to be transferred from the wallet that issued them.
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