Which cryptocurrencies are commonly used for STO fundraising?

1 answers

• Tyrone HarperSep 30, 2023 · 2 years ago
  BYDFi, a leading digital asset exchange, has observed that the most commonly used cryptocurrencies for STO fundraising include Ethereum (ETH), Stellar (XLM), and NEO (NEO). These cryptocurrencies offer a range of features and benefits that make them attractive for fundraising purposes. Ethereum's smart contract capabilities and wide adoption in the blockchain industry make it a popular choice. Stellar's fast and low-cost transactions, as well as its focus on cross-border payments, make it an appealing option. NEO's emphasis on regulatory compliance and smart economy concept also makes it a preferred cryptocurrency for STO fundraising. However, it's important to note that the choice of cryptocurrency ultimately depends on the specific requirements and objectives of the STO project.
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