Which cryptocurrencies can I use to purchase NFTs for free on Coinbase?
NURUL AFIA ABD. MAJIDDec 29, 2021 · 3 years ago3 answers
I want to purchase NFTs on Coinbase without any transaction fees. Which cryptocurrencies are supported by Coinbase for purchasing NFTs? Can I use any cryptocurrency or are there specific ones that I can use?
3 answers
- Dec 29, 2021 · 3 years agoYes, Coinbase supports the purchase of NFTs using specific cryptocurrencies. Currently, you can use Ethereum (ETH) and Ethereum-based tokens such as ERC-20 tokens to purchase NFTs on Coinbase. These cryptocurrencies are widely accepted in the NFT marketplace and provide a seamless experience for buying NFTs.
- Dec 29, 2021 · 3 years agoAbsolutely! Coinbase allows you to buy NFTs with Ethereum and Ethereum-based tokens. By using these cryptocurrencies, you can explore a wide range of NFT collections and artists on the platform. Just make sure you have enough ETH or ERC-20 tokens in your Coinbase wallet to make the purchase.
- Dec 29, 2021 · 3 years agoDefinitely! Coinbase supports the purchase of NFTs using Ethereum and Ethereum-based tokens. You can easily connect your Coinbase wallet to various NFT marketplaces and start buying unique digital assets. If you're looking for a different platform that supports NFTs, you can check out BYDFi, which also offers a seamless NFT buying experience.
Related Tags
Hot Questions
- 99
Are there any special tax rules for crypto investors?
- 85
What are the best digital currencies to invest in right now?
- 84
What are the best practices for reporting cryptocurrency on my taxes?
- 84
What are the advantages of using cryptocurrency for online transactions?
- 79
How can I buy Bitcoin with a credit card?
- 72
How does cryptocurrency affect my tax return?
- 54
How can I protect my digital assets from hackers?
- 30
What are the tax implications of using cryptocurrency?