Which digital currencies are commonly used to purchase expensive NFTs?

3 answers

• Mar 06, 2022 · 3 years ago
  When it comes to purchasing expensive NFTs, Bitcoin and Ethereum are the most commonly used digital currencies. These two cryptocurrencies have the largest market capitalization and are widely accepted by NFT marketplaces. Their popularity and liquidity make them ideal for buying high-priced NFTs. Additionally, some NFT platforms may accept other popular cryptocurrencies like Binance Coin (BNB) or Solana (SOL) for purchasing expensive NFTs. However, it's important to check the specific payment options available on each platform before making a purchase.
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• Mar 06, 2022 · 3 years ago
  If you're looking to buy expensive NFTs, you'll likely need to use Bitcoin or Ethereum. These two cryptocurrencies are the go-to options for most NFT transactions due to their widespread acceptance and established market presence. While other digital currencies may be accepted on certain platforms, Bitcoin and Ethereum offer the highest level of liquidity and are more likely to be supported by reputable NFT marketplaces.
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• Mar 06, 2022 · 3 years ago
  When it comes to purchasing high-priced NFTs, Bitcoin and Ethereum are the top choices. These two digital currencies have a long-standing reputation and are widely accepted across various NFT platforms. However, it's worth noting that some platforms may also accept other cryptocurrencies like Binance Coin (BNB) or Solana (SOL). It's always a good idea to check the payment options available on the specific platform you're using to ensure you can use your preferred digital currency for purchasing expensive NFTs.
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