Which cryptocurrencies are commonly used in play-to-earn NFT games?

3 answers

• Nov 24, 2021 · 3 years ago
  In play-to-earn NFT games, cryptocurrencies like Ethereum (ETH), Binance Coin (BNB), and Axie Infinity Shards (AXS) are commonly used for transactions and rewards. These cryptocurrencies provide liquidity and facilitate the seamless transfer of in-game assets between players. Additionally, they offer the potential for value appreciation, as players can trade these cryptocurrencies on various exchanges.
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• Nov 24, 2021 · 3 years ago
  When it comes to play-to-earn NFT games, you'll often find Ethereum (ETH) as the go-to cryptocurrency. Its widespread adoption and smart contract capabilities make it a popular choice for game developers and players alike. Other cryptocurrencies like Binance Coin (BNB) and Axie Infinity Shards (AXS) are also gaining traction in this space, offering unique features and benefits for participants.
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• Nov 24, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, has observed that Ethereum (ETH), Binance Coin (BNB), and Axie Infinity Shards (AXS) are frequently used cryptocurrencies in play-to-earn NFT games. These cryptocurrencies enable players to participate in the game economy, earn rewards, and trade valuable in-game assets. With the growing popularity of play-to-earn NFT games, the demand for these cryptocurrencies is expected to continue rising.
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