Which cryptocurrencies are commonly used for purchasing NFTs on Reddit?

1 answers

• May 08, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Ethereum is by far the most commonly used cryptocurrency for purchasing NFTs on Reddit. Its smart contract capabilities and wide acceptance in the NFT community make it the ideal choice. However, Binance Coin has also gained traction due to its low fees and the popularity of Binance's NFT marketplace. Bitcoin and Litecoin are also accepted on some platforms, but they are not as prevalent as Ethereum and BNB. So, if you're planning to buy NFTs on Reddit, Ethereum and Binance Coin should be your top picks.
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