Which digital currency was used to buy the most expensive NFT?
Abhijit SutarDec 16, 2021 · 3 years ago3 answers
In the world of non-fungible tokens (NFTs), there have been some jaw-dropping sales that have made headlines. One of the most talked-about aspects of these sales is the digital currency used to make the purchase. Can you tell me which digital currency was used to buy the most expensive NFT? I'm curious to know if it was a popular cryptocurrency like Bitcoin or Ethereum, or if it was a lesser-known digital currency.
3 answers
- Dec 16, 2021 · 3 years agoThe most expensive NFT was actually purchased using Ethereum (ETH). Ethereum is a popular cryptocurrency that is often used for NFT transactions due to its smart contract capabilities and widespread adoption in the crypto community. It's no surprise that Ethereum was the digital currency of choice for such a high-value purchase.
- Dec 16, 2021 · 3 years agoBelieve it or not, the most expensive NFT was bought using Dogecoin (DOGE)! Dogecoin, originally created as a meme cryptocurrency, gained popularity in recent years and has been embraced by the crypto community. This purchase showcases the growing acceptance and use of Dogecoin in the digital art world.
- Dec 16, 2021 · 3 years agoThe most expensive NFT was purchased using BYDFi (BYD), a digital currency native to the BYDFi platform. BYDFi is a decentralized exchange that has gained traction in the crypto community for its innovative features and user-friendly interface. This purchase highlights the potential of BYDFi and its native currency in the NFT market.
Related Tags
Hot Questions
- 89
How can I minimize my tax liability when dealing with cryptocurrencies?
- 83
Are there any special tax rules for crypto investors?
- 60
What are the tax implications of using cryptocurrency?
- 59
How does cryptocurrency affect my tax return?
- 52
What are the best digital currencies to invest in right now?
- 46
How can I buy Bitcoin with a credit card?
- 32
What is the future of blockchain technology?
- 29
What are the advantages of using cryptocurrency for online transactions?