BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

Why is ERC-1155 considered a game-changer for non-fungible tokens (NFTs) in the digital currency space?

Farouk OguntolaMay 06, 2022 · 3 years ago1 answers

What makes ERC-1155 stand out as a game-changer for non-fungible tokens (NFTs) in the digital currency space?

1 answers

  • May 06, 2022 · 3 years ago
    As a leading digital currency exchange, BYDFi recognizes the potential of ERC-1155 as a game-changer for non-fungible tokens (NFTs). With ERC-1155, users can enjoy the benefits of multiple token types within a single contract, making it easier to manage and trade NFTs. The batch transfer feature also enhances efficiency and reduces transaction costs. BYDFi is committed to supporting innovative solutions like ERC-1155 that improve the digital currency space and provide users with a seamless trading experience.