This content is for educational purposes only and is not financial advice. bunq doesn’t give trading advice. Always do your own research or consult a qualified financial advisor before making any investment decisions. Cryptocurrency investments come with risks, including the potential loss of the principal invested. Prices can fluctuate significantly. bunq Crypto is powered by our partner Kraken.

An NFT (non-fungible token) is a unique digital asset recorded on a blockchain. Unlike Bitcoin, where every unit is interchangeable, each NFT is distinct, often used for digital art, collectibles, tickets, or proof of ownership in games and apps.

How NFTs work

NFTs are typically built as tokens on blockchains like Ethereum. Ownership is tracked on the public ledger: when you buy an NFT, the blockchain updates to show your wallet as the owner.

The token points to metadata, an image, video, or description, often stored off-chain with a link embedded in the NFT. The blockchain record proves who owns that link’s associated asset, not necessarily that the file itself can’t be copied elsewhere.

NFTs vs regular crypto

Fungible assets (like ETH or BTC) are interchangeable, one unit equals another. Non-fungible means each item has its own identity and market value. A popular collection’s NFT might trade for thousands; another might have little demand.

NFTs and bunqbunq focuses on buying and selling major cryptocurrencies through bunq Crypto, the assets that power networks like Ethereum, where many NFTs live. If you explore NFTs elsewhere, you’ll need ETH or another supported network token for fees and purchases.

Frequently asked questions

Do I own the copyright when I buy an NFT?Not automatically. Ownership of the token is separate from intellectual property rights unless the seller explicitly grants them. Read the terms for each project.

Can someone copy my NFT image?

Digital files can often be copied. What you own is the on-chain record tied to that specific token, provenance and resale rights in that collection’s market.

Are NFTs a good investment?

NFT markets are highly speculative. Values can collapse quickly. Treat them as high-risk collectibles, not guaranteed investments, and do your own research before spending.