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Which digital currencies are commonly used for purchasing NFTs?

avatarANH ĐẶNGNov 24, 2021 · 3 years ago1 answers

What are some of the most commonly used digital currencies for buying NFTs? I'm interested in knowing which cryptocurrencies are widely accepted and preferred for purchasing non-fungible tokens.

Which digital currencies are commonly used for purchasing NFTs?
Digital Currencies
NFTs
Cryptocurrencies

1 answers

  • avatarNov 24, 2021 · 3 years ago
    As an expert in the digital currency industry, I can confidently say that Ethereum (ETH) is the most commonly used cryptocurrency for purchasing NFTs. Its dominance in the NFT space is due to its established infrastructure, widespread adoption, and compatibility with various NFT marketplaces. However, it's worth mentioning that other cryptocurrencies like Binance Coin (BNB) and Flow (FLOW) are also gaining traction in the NFT market. So, while Ethereum is the top choice for now, keep an eye on these emerging players as well.

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