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TagsWhich digital currencies are commonly used for purchasing NFTs?
Chapman McLeanDec 29, 2021 · 3 years ago1 answersWhat 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.
1 answers
- 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.Dec 29, 2021 · 3 years ago
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