🚀Binance is ending support for Bitcoin NFT on its platform! As of April 18, Binance NFT will no longer accept bidding or deposits for Bitcoin-based NFT collections.
👥Users are advised to transfer their Bitcoin NFTs from the marketplace using the Bitcoin network before May 18th.
🛑After April 10th, Binance will no longer support additional airdrops, benefits or features associated with Bitcoin NFTs.
📉Binance's decision is mainly driven by the desire to optimize the exchange's offerings. NFT market data shows that the number of unique buyers and overall trading volume have declined significantly, despite a short-term recovery in the fourth quarter of 2023.
🗣️What do you think about this decision by Binance? Share your thoughts in the comments!