Category: NFT News

Binance NFT Marketplace to Cease Support for Bitcoin NFTs

By Published On: April 11, 20241.3 min readViews: 1270 Comments on Binance NFT Marketplace to Cease Support for Bitcoin NFTs
SNEAK PEEK
  • Binance NFT Marketplace announces the discontinuation of trades and deposits involving Bitcoin NFTs.
  • Users are urged to withdraw their Bitcoin NFTs before the specified deadline to avoid any inconvenience.
  • Additionally, benefits and utilities associated with Bitcoin NFTs will cease after a certain date, impacting users’ strategies and decisions.

Binance NFT Marketplace has discontinued support for trades and deposits involving Bitcoin NFTs, effective April 18, 2024, at 06:00 (UTC). Users are urged to withdraw their Bitcoin NFTs via the Bitcoin network before May 18, 2024, at 00:00 (UTC) to avoid inconvenience.

Come to my page!

Commencing from April 18, 2024, at 06:00 (UTC), users will no longer have the option to purchase, deposit, bid on, or list NFTs on the Binance NFT Marketplace through the Bitcoin network. All existing listing orders affected by this change will be automatically canceled at the time mentioned above.

Furthermore, the Binance NFT Marketplace will discontinue any airdrops, benefits, or utilities associated with Bitcoin NFTs after April 10, 2024.

Regarding Runestone NFTs, Binance NFT has distributed these NFTs to eligible users’ accounts ahead of schedule by April 4, 2024, at 10:00 (UTC). Users eligible for the Runestone airdrop are advised to withdraw their NFTs by April 10, 2024, at 10:00 (UTC) to ensure eligibility for any associated tokens, utilities, and benefits post-April 10. Binance emphasizes that failure to withdraw NFTs within the stipulated timeframe may result in user losses.

In light of these changes, Binance NFT Marketplace aims to streamline its offerings, ensuring optimal user experience and efficiency in NFT trading. Users are encouraged to take necessary actions to safeguard their assets and remain updated on further developments from Binance NFT Marketplace.


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