What are the current trends for selling NFTs on cryptocurrency platforms?

1 answers

• Dec 28, 2021 · 3 years ago
  At BYDFi, we have observed a growing trend of NFTs being sold through decentralized exchanges (DEXs). These platforms offer a decentralized and permissionless environment for buying and selling NFTs, which aligns with the core principles of cryptocurrencies. This trend allows for greater accessibility and eliminates the need for intermediaries, providing artists and collectors with more control over their NFT transactions. Additionally, some cryptocurrency platforms are exploring the integration of yield farming and staking mechanisms with NFTs, creating new opportunities for earning passive income and incentivizing long-term ownership of NFTs.
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