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Which cryptocurrencies are commonly used to buy and sell Bored Ape NFTs?

avatarBruhn GregersenDec 27, 2021 · 3 years ago3 answers

What are the most commonly used cryptocurrencies for purchasing and selling Bored Ape NFTs? I'm interested in knowing which digital currencies are widely accepted and preferred for trading these unique digital assets.

Which cryptocurrencies are commonly used to buy and sell Bored Ape NFTs?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to buying and selling Bored Ape NFTs, Ethereum (ETH) is the most commonly used cryptocurrency. As the majority of Bored Ape NFTs are built on the Ethereum blockchain, ETH is the preferred currency for transactions. It offers a high level of liquidity and is widely accepted by most NFT marketplaces. So, if you're looking to invest in or trade Bored Ape NFTs, having some ETH in your digital wallet would be a good idea.
  • avatarDec 27, 2021 · 3 years ago
    To buy and sell Bored Ape NFTs, you'll need to have some Ethereum (ETH) handy. Ethereum is the go-to cryptocurrency for most NFT transactions, including Bored Ape NFTs. It's the preferred currency due to its widespread adoption and compatibility with the Ethereum blockchain. So, if you're planning to dive into the world of Bored Ape NFTs, make sure you have some ETH ready to go.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to purchasing and selling Bored Ape NFTs, Ethereum (ETH) is the primary cryptocurrency used. Ethereum's smart contract capabilities and established infrastructure make it the ideal choice for trading these unique digital assets. Additionally, other cryptocurrencies like Binance Coin (BNB) and Flow (FLOW) are gaining popularity in the NFT space and are also accepted on certain platforms. However, Ethereum remains the most widely accepted and commonly used cryptocurrency for Bored Ape NFT transactions.