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What are the most popular cryptocurrencies used for buying NFT art on Instagram?

avatarMuzaffar OrtiqovNov 25, 2021 · 3 years ago3 answers

When it comes to buying NFT art on Instagram, which cryptocurrencies are the most popular choices among users? Which digital currencies are commonly used for purchasing non-fungible tokens on the popular social media platform?

What are the most popular cryptocurrencies used for buying NFT art on Instagram?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    The most popular cryptocurrencies used for buying NFT art on Instagram are Ethereum (ETH) and Binance Coin (BNB). These two digital currencies have gained significant traction in the NFT space due to their widespread adoption and compatibility with various NFT marketplaces. Ethereum, being the pioneer in the field of smart contracts, is the go-to choice for many artists and collectors. Binance Coin, on the other hand, offers lower transaction fees and faster processing times, making it an attractive option for those looking for a more efficient NFT buying experience on Instagram.
  • avatarNov 25, 2021 · 3 years ago
    When it comes to purchasing NFT art on Instagram, Ethereum and Binance Coin are the top choices among crypto enthusiasts. Ethereum's smart contract capabilities and established presence in the NFT ecosystem make it a reliable option for artists and collectors. Binance Coin, on the other hand, provides a seamless user experience with its low fees and fast transactions. These two cryptocurrencies have become the go-to options for buying NFT art on Instagram due to their popularity and widespread acceptance in the crypto community.
  • avatarNov 25, 2021 · 3 years ago
    Ethereum (ETH) and Binance Coin (BNB) are the most commonly used cryptocurrencies for buying NFT art on Instagram. Ethereum, being the leading blockchain platform for creating and trading NFTs, offers a wide range of options for artists and collectors. Binance Coin, on the other hand, provides a convenient and cost-effective way to purchase NFT art on Instagram. With its growing popularity and user-friendly features, Binance Coin has become a preferred choice for many individuals interested in buying NFT art on the platform.