Beginner's guide

What is an NFT

NFT is the English acronym for non-fungible token. In practice, it is a digital certificate, recorded on the blockchain, that proves you own a unique item, such as art, a game item, or a collectible. Unlike a cryptocurrency, each NFT is unique.

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Illustration of a collectible NFT
NFT, non-fungible token recorded on the blockchain
Concept

NFT in one sentence

Think of an NFT as a digital certificate of authenticity. It is not the image itself, but the proof, recorded on the blockchain, of who owns that item.

The expression "non-fungible" means unique and irreplaceable. One real is worth another real, and one Bitcoin is worth another Bitcoin. But each NFT is different and cannot be exchanged for an identical one.

How does an NFT work?

Three ideas explain the basics.


Unique token

Each NFT has its own code, which does not repeat. That is what ensures it is unique and different from all the others.

Recorded on the blockchain

Ownership and history are recorded on a public network. You can check who created it and through whose hands the item passed.

Automatic transfer

Smart contracts move the NFT from one owner to another, without needing a notary office or intermediary.

Unique and speculative

NFTs solve digital ownership, but the surrounding market is volatile and requires caution.

UniqueEach NFT is different and cannot be exchanged for an identical one.
2021Year NFTs became a worldwide craze.
HighRisk: prices can rise and fall very quickly.
Utility

What is an NFT used for?

Prove ownership of digital art. And of unique collectible items.

Game items. That belong to the player, not just the game company.

Tickets and certificates. Digital and hard to counterfeit.

Identity and utilities in Web3. Like access to communities and experiences.

Where are NFTs used?

They started in art, but have already gone far beyond.


Digital art

The most famous use: artists sell digital works with proof of authenticity and originality.

Games and collectibles

Characters, skins, and cards that the player truly owns and can trade.

Tickets and access

Event tickets and community passes, with authenticity control.

NFT, crypto and Brasil Bitcoin

NFTs run on blockchains, like Ethereum, and are traded with cryptocurrencies. That’s why the starting point is usually having crypto, and that’s where Brasil Bitcoin comes in: in a simple and regulated way.

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Buy with Pix

Buy crypto starting from low amounts.

Top cryptocurrencies

Bitcoin, Ethereum, and the main cryptos in a single account.

Custody and security

Proprietary infrastructure and operation within Brazilian regulation.

Human support

Get your questions answered whenever you need.

How to start with crypto

The basics done right, on a regulated platform, before anything more advanced.

1

Open your account

Complete identity verification.

2

Deposit in reais

Use Pix, straight from the app.

3

Buy the cryptocurrency

Choose the asset and the fraction you want.

4

Store with peace of mind

Never share access to your account.

Frequently asked questions

Start with crypto safely

Open your account and start with whatever amount makes sense for you.

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