Which cryptocurrencies are commonly traded as NFTs?

3 answers

• Mar 08, 2022 · 3 years ago
  Sure! Some of the most commonly traded cryptocurrencies as NFTs include Ethereum (ETH), Binance Coin (BNB), Flow (FLOW), and Solana (SOL). These cryptocurrencies have gained popularity in the NFT space due to their robust blockchain infrastructure and wide adoption among artists and collectors. Ethereum, being the first and most widely used blockchain for NFTs, continues to dominate the market. Binance Coin, the native cryptocurrency of the Binance exchange, has also seen significant NFT activity on its platform. Flow and Solana have emerged as strong contenders, offering faster transaction speeds and lower fees compared to Ethereum. Overall, these cryptocurrencies provide a solid foundation for NFT trading and have established themselves as key players in the digital art and collectibles market.
  807404
• Mar 08, 2022 · 3 years ago
  Oh, definitely! Ethereum is like the king of NFTs. It's been around for a while and has the largest NFT marketplace called OpenSea. Binance Coin is also quite popular, especially on the Binance NFT platform. Flow and Solana are newer players but gaining traction due to their scalability and low transaction fees. So, if you're looking to get into NFT trading, these cryptocurrencies are a good place to start.
  410137
• Mar 08, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Ethereum is the go-to choice for NFT trading. It has the most established infrastructure and a wide range of NFT marketplaces to choose from. Binance Coin is also worth considering, especially if you're already using the Binance exchange. Flow and Solana are relatively new but have shown great potential in the NFT space. They offer faster transaction speeds and lower fees, which can be advantageous for NFT traders. Overall, these cryptocurrencies have proven themselves in the NFT market and are commonly traded among artists, collectors, and investors.
  622156