Beginner
Blockchain & Web3
Q13 / 100
What does "fungible" mean when describing a token or asset?
Correct! Well done.
Incorrect.
The correct answer is A) Each unit is interchangeable and identical in value to another unit, like a dollar bill or a Bitcoin
A
Correct Answer
Each unit is interchangeable and identical in value to another unit, like a dollar bill or a Bitcoin
Explanation
Fungible assets are interchangeable — one unit equals another unit of the same value (e.g., one ETH equals any other ETH), unlike unique NFTs.
Progress
13/100