Are you a crypto investor looking to stay updated on the latest news in the world of NFTs? If so, you’ve come to the right place! Binance NFT, the NFT marketplace operated by the renowned cryptocurrency exchange Binance, has recently announced significant changes regarding Bitcoin NFTs.
In a recent statement, Binance NFT revealed that they will no longer support trades and deposits of Bitcoin NFTs on their platform. To ensure that users retain ownership and control over their assets, it is recommended that all Bitcoin NFTs be withdrawn from the Binance NFT Marketplace via the Bitcoin network before May 18, 2024. After April 18, 2024, users will no longer have the ability to engage in transactions involving Bitcoin NFTs on the platform.
It is crucial to adhere to the specified deadlines, as all affected listing orders will be automatically canceled at the designated date and time. Furthermore, Binance NFT clarified that no additional airdrops, benefits, or utilities related to Bitcoin NFTs will be supported after April 10, 2024.
In addition, Binance NFT addressed the distribution of Runestone NFTs. For eligible users, the Runestone NFTs have already been distributed to their Binance NFT accounts. However, it is recommended that these NFTs be withdrawn before April 10, 2024, to ensure eligibility for any associated tokens, utilities, and benefits.
Please be mindful of these deadlines to avoid potential loss of tokens and benefits. Binance NFT reiterated that the trading of Runestone NFTs will not be permitted on their platform. Users with inquiries or concerns regarding these updates are encouraged to reach out to the Customer Support team for assistance.
As with any investment, it is important to be aware of the risks involved. The value of NFTs can fluctuate significantly, and users should exercise caution and conduct thorough research before participating in the NFT market.
In summary, Binance NFT has announced the discontinuation of Bitcoin NFT support on its platform. To preserve access to associated tokens, utilities, and benefits, users are urged to withdraw their Bitcoin NFTs by May 18, 2024, and Runestone NFTs by April 10, 2024. For more information and guidance, do not hesitate to reach out to Binance NFT’s Customer Support team.
Stay informed, stay ahead of the game, and trust Extreme Investor Network to keep you in the loop on all things crypto and NFT-related.
