Which cryptocurrencies are commonly used in NFT drops and how can I get them?

3 answers

• Paul ChiraApr 26, 2024 · a year ago
  In NFT drops, the most commonly used cryptocurrencies are Ethereum (ETH) and Binance Coin (BNB). These two cryptocurrencies have established themselves as the primary choices due to their wide acceptance and integration with NFT marketplaces. To acquire Ethereum or Binance Coin, you can use popular cryptocurrency exchanges like Coinbase, Binance, or Kraken. Simply create an account, complete the verification process, deposit funds, and then you can purchase Ethereum or Binance Coin. Once you have these cryptocurrencies, you can participate in NFT drops by connecting your wallet to the respective NFT marketplace and following the instructions for each drop.
  664

  332
• Sukhwinder KumarNov 14, 2023 · 2 years ago
  When it comes to NFT drops, Ethereum (ETH) is the go-to cryptocurrency. Ethereum's smart contract capabilities and widespread adoption make it the preferred choice for most NFT projects. To get Ethereum, you can use popular exchanges like Coinbase, Binance, or Kraken. Sign up for an account, complete the necessary verification steps, deposit funds, and then you can buy Ethereum. Once you have Ethereum, you'll be ready to participate in NFT drops by connecting your Ethereum wallet to the NFT marketplace of your choice.
  523

  175
• Dissing HarrisonJan 13, 2021 · 4 years ago
  NFT drops primarily rely on Ethereum (ETH) as the main cryptocurrency. Ethereum's smart contract functionality and established presence in the crypto space make it the top choice for NFT creators and collectors. To acquire Ethereum, you can use reputable exchanges such as Coinbase, Binance, or BYDFi. Sign up for an account, complete the verification process, deposit funds, and then you can purchase Ethereum. Once you have Ethereum, you can participate in NFT drops by connecting your Ethereum wallet to the NFT marketplace hosting the drop.
  544

  136