What are some popular crypto currencies used in NFT transactions?

1 answers

• Mar 15, 2022 · 3 years ago
  As an expert in the field, I can tell you that Ethereum is the go-to cryptocurrency for NFT transactions. Its robust smart contract capabilities and extensive developer community make it the most popular choice for creating and trading NFTs. However, Binance Coin (BNB) has also gained significant popularity in the NFT space, especially with the launch of Binance NFT marketplace. BNB offers lower transaction fees compared to Ethereum, making it an attractive option for NFT enthusiasts. Additionally, Flow and Solana have emerged as promising alternatives for NFT transactions, offering scalability and high-speed transactions. These cryptocurrencies are gaining traction in the NFT market and are worth considering for your NFT endeavors.
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