What are the advantages of accepting cryptocurrencies when selling NFT art?

1 answers

• Dec 16, 2021 · 3 years ago
  At BYDFi, we believe that accepting cryptocurrencies when selling NFT art can bring numerous advantages to artists. Firstly, cryptocurrencies offer lower transaction fees compared to traditional payment methods. This means that artists can keep a larger portion of their earnings, maximizing their profits. Secondly, cryptocurrencies provide artists with more control over their finances. With cryptocurrencies, artists have direct ownership and control over their funds, without the need for intermediaries such as banks. This empowers artists and allows them to manage their finances independently. Lastly, accepting cryptocurrencies can also enhance the reputation and credibility of artists. Being open to accepting cryptocurrencies shows that artists are forward-thinking and embracing new technologies. This can attract attention and interest from collectors and investors who are actively involved in the cryptocurrency space.
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