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Milady Vault (NFTX) Price

(MILADY)

Note: This cryptocurrency has not yet been officially listed on KuCoin TR.

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    MILADY(MILADY) Profile

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    ATH
    22,057.31980509
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    About MILADY

    • How can I buy Milady Vault (NFTX) (MILADY)?
      Buying MILADY on KuCoin TR is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Milady Vault (NFTX) (MILADY) for more information.
    • Coin description

      Milady Vault is one of the Ethereum-based NFT vaults of NFTX. 

      What is NFTX?

      NFTX is a platform for creating liquid markets for illiquid NFTs.

      Users deposit their NFT into an NFTX vault and mint a fungible ERC-20 token (vToken) that represents a claim on a random asset from within the vault. vTokens can also be used to redeem a specific NFT from a vault.

      Vaults can be created by anyone for any NFT asset on Ethereum. Once a vault has been created, any user can then deposit eligible NFTs into the vault to mint a fungible NFT-backed token referred to as an "vToken".

      Users can then pool their minted vTokens in Automated Market Makers (AMMs) like Sushiswap to create a liquid market for other users to trade. With liquidity and trading volume established, the NFT-backed vToken enters into price discovery and a "floor price" is discovered.

      The floor price denotes the lowest price for a particular NFT. Users establish a floor price by minting and selling vTokens in markets where they consider their NFT to be overvalued.

    FAQ

    • What is the all-time high price of Milady Vault (NFTX) (MILADY)?

      The all-time high price of Milady Vault (NFTX) (MILADY) is 22,057.32. The current price of MILADY is down -- from its all-time high.

    • How do I store Milady Vault (NFTX) (MILADY)?

      You can store your Milady Vault (NFTX) in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your MILADY include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.