What are the most popular digital currencies for NFT trading?

3 answers

• Dec 16, 2021 · 3 years ago
  When it comes to NFT trading, Ethereum (ETH) is undeniably the king of the hill. With its robust smart contract capabilities and widespread adoption, Ethereum has become the go-to blockchain for hosting NFTs. The majority of NFT marketplaces, including OpenSea and Rarible, primarily support Ethereum-based tokens. So, if you're looking to buy or sell NFTs, having some ETH in your digital wallet is a must!
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• Dec 16, 2021 · 3 years ago
  Apart from Ethereum, Binance Smart Chain (BSC) is also gaining traction in the NFT space. BSC offers lower transaction fees compared to Ethereum, making it an attractive alternative for NFT traders. PancakeSwap, a popular decentralized exchange on BSC, has integrated NFT trading features, allowing users to easily trade NFTs using BSC-based tokens like BNB. So, if you prefer lower fees and faster transactions, BSC is worth considering for your NFT trading endeavors.
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• Dec 16, 2021 · 3 years ago
  Another digital currency that has been making waves in the NFT world is BYDFi (BYD). BYDFi is a utility token native to the BYDFi platform, which aims to revolutionize the NFT trading experience. With BYDFi, users can enjoy enhanced features such as improved liquidity and reduced fees when trading NFTs. While BYDFi is still relatively new, it has gained attention for its innovative approach to NFT trading. Keep an eye on BYDFi as it continues to grow in popularity!
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