Which cryptocurrencies are commonly used to purchase collectible NFTs?

3 answers

• Siddhant BahugunaMar 26, 2023 · 3 years ago
  Ethereum (ETH) is the most commonly used cryptocurrency for purchasing collectible NFTs. The majority of NFT marketplaces, such as OpenSea and Rarible, are built on the Ethereum blockchain, making it the go-to choice for buying and selling digital collectibles. Other popular cryptocurrencies for NFT transactions include Binance Coin (BNB), Flow, and WAX.
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• McCurdy McGarryApr 03, 2024 · 2 years ago
  When it comes to buying collectible NFTs, Ethereum is the king. Its smart contract capabilities and widespread adoption in the NFT space make it the preferred choice for most collectors and artists. However, some NFT marketplaces also accept other cryptocurrencies like Binance Coin and Flow. It's always a good idea to check the accepted payment options on the specific marketplace you're interested in.
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• Edy AlentejoApr 05, 2025 · 8 months ago
  BYDFi, a leading digital asset exchange, supports a wide range of cryptocurrencies for purchasing collectible NFTs. Ethereum, Binance Coin, and Flow are among the commonly used cryptocurrencies on the platform. BYDFi provides a user-friendly interface and secure transactions, making it a popular choice for NFT enthusiasts.
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