The value of an NFT depends on how much someone else is willing to pay for it. Whether or not a buyer is willing to pay more or less than the original purchase price, the price of an NFT is driven by demand. Stock prices are determined by several factors, including fundamentals, technicals, and economic indicators. Investor demand is the...
Several parameters control which trades are copied by others. The first is the resulting trade amount. If the trade amount is less than $1, it cannot be copied. Any violation of this rule can lead to banning from the social trading service. Another option allows users to hide their profile. Traders can set their payout percentage. This setting will...
NFT is a shorthand term for non-fungible token. These tokens are uniquely unique and can represent various digital properties, including artwork, collectibles, video snippets, and music albums. For example, the band Kings of Leon issued their album as NFTs. The difference between NFT and traditional currency is that NFTs cannot be traded like...