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Nifty Gateway is a self-described "premier marketplace for Nifties." "Nifties" stands for "NFTs," which stands for "non-fungible tokens." There are fungible tokens and non-fungible tokens in the world of crypto, but we won't be explaining their differences in this article. If you want to deep dive into that, first read a brief introduction to the NFT asset class, such as our article "Non-Fungible Tokens - Could NFTs Supercharge The DeFi Sector?"

OpenSea is a decentralized non-fungible token (NFT) marketplace for buying, selling, and trading NFTs. In fact, OpenSea brands itself as the biggest marketplace for digital goods. As such, it’s worth taking a closer look at OpenSea and what the platform adds to trading NFTs. Moreover, this article explains how to use OpenSea, as well as what NFTs are. The difference between fungible tokens and NFTs is that they have unique characteristics and identifiers and are not interchangeable. Another way to think of them is that NFTs represent things, not currencies.

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