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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms7 shown

Fungible tokensTokens whose individual units have equivalent value and attributes and can be exchanged with one another.
Non-Fungible Token (NFT)A type of crypto token that represents unique digital assets or real-world assets and is not interchangeable with another.
Non-fungible tokensTokens in which each unit has unique attributes and cannot be exchanged on a one-to-one basis with other tokens.
StablecoinsA class of interchangeable crypto assets that anchor to the same underlying value across entities; examples in the text include USDT and USDC。
non-fungible tokens (NFTs)Unique tokens, where each token cannot be directly exchanged for another token.
Fungible tokenTokens whose units have identical attributes and are interchangeable with one another, similar to units of real-world currency of the same denomination.
Non-Fungible Token (NFT)Used to represent crypto tokens for unique digital or real-world assets that are not equivalent or interchangeable with one another.

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Definition

Non-fungible tokens

Tokens in which each unit has unique attributes and cannot be exchanged on a one-to-one basis with other tokens.

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