Binance NFT platform announced on April 4th its decision to cease Bitcoin NFT trading and deposit services starting from April 18th, 2024, at 14:00 GMT. This change aims to streamline the market offerings and follows a thorough evaluation by Binance.
Service Termination Details:
As of April 18th, 2024, Binance NFT market will cease to accept purchases, deposits, bidding, or listings related to Bitcoin NFTs. Additionally, all affected market orders will be automatically canceled on the same day. This adjustment is part of Binance's efforts to refine and enhance market operations.
Additional Changes:
Termination of Related Airdrops and Benefits Binance also announced the discontinuation of any airdrops, benefits, or applications associated with Bitcoin NFTs starting from April 10th, 2024. Users are advised to withdraw any potential airdrops or benefits before this date to avoid any losses.
Special Instructions for Runestone NFTs:
For users eligible for Runestone NFT airdrops, Binance distributed the corresponding NFTs to eligible accounts before April 4th, 2024, at 18:00 GMT. Users must withdraw these NFTs before April 10th, 2024, at 18:00 GMT, to ensure receipt of any related tokens, applications, and benefits after the support cessation.
Binance emphasizes its non-support for Runestone NFT trading. If users fail to withdraw their NFTs within the specified time frame, the platform will not be liable for any losses. This strategic adjustment by Binance aims to provide users with more focused and efficient services following an assessment of market demand and user experience.