CRYPTO GLOSSARY

setApprovalForAll

The approval that lets another contract move every NFT you hold in a collection. Marketplaces need it, and scammers imitate it.

setApprovalForAll in more detail

An approval. You give the marketplace's contract permission to move your NFTs from that collection, so it can hand one over when a buyer pays. The function is called setApprovalForAll, and as the name says, it covers every token you hold in that collection.

FROM LESSON 53 · 4 MIN READBuying and selling NFTs: fees, royalties and fake volumeHow NFT marketplaces work, what minting and listing involve, the fees and royalties that come out of a sale, why NFTs are hard to sell, and how wash trading inflates the numbers.Read the lesson

All 128 terms · Checked against the lesson's sources on 10 October 2026.

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