NFTs
Collections on the Meridian desk
NFTs on Meridian are collectible items in collections you can browse after you sign in. A piece can be interesting and still be worth less tomorrow. Nothing on this page is a forecast of resale value. Buying one spends account funds like any other purchase.
01 — NFTs
Look before you buy
Open the collection, then the item. The artwork, the supply and the listed price are the facts. The adjective in the title is not.
Open account
02 — NFTs
Not a trading position
An NFT is not a long or short CFD. It does not have a stop-loss in the same sense, and it may not have a buyer when you want one.
Open account
03 — NFTs
Account records
Purchases and holdings show in the account. That list is what you own on the desk.
Open account
- Grouped items
- Collections
- Held on the desk
- Account
- Can fall to zero
- Price
- From crypto CFDs
- Separate
Look before you buy
Open the collection, then the item. The artwork, the supply and the listed price are the facts. The adjective in the title is not.
Not a trading position
An NFT is not a long or short CFD. It does not have a stop-loss in the same sense, and it may not have a buyer when you want one.
Account records
Purchases and holdings show in the account. That list is what you own on the desk.
No resale promise
A collection can go quiet. Plan to be stuck with the item.
How the desk is organised
Collections group items. An item page is where the price and the details live.
- Start from the collection, not from a forwarded image.
- Check whether the item is still available.
- Confirm the price currency. The account is USD.
- Keep the confirmation if you buy.
Risk that is easy to skip
Collectibles fail differently from forex.
- There may be no bid when you want to sell.
- Popularity can reverse in a week.
- You may not be able to move the item to an outside wallet.
- Spending money here is spending trading capital.
FAQ
Do I get a file on the public chain?
Holdings are recorded in your Meridian account. Do not assume an external wallet transfer unless the item page says that transfer exists.
Can the price go to zero?
Yes. There is no floor under a collectible.
Is this the same as a crypto CFD?
No. A CFD tracks a coin's price and can be closed in the market. An NFT is an item with whatever buyer happens to be there.
Step 1
Sign in
Collections open inside the account.
Step 2
Open one collection
Read several items before you care about one price.
Step 3
Buy only with spare cash
Use money that is not reserved for margin or a withdrawal.
Network coins, not the art
Collectibles are a different product. These are the coins those networks trade as.
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