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Home»NFT»Binance NFT Marketplace now supports Bitcoin NFTs
NFT

Binance NFT Marketplace now supports Bitcoin NFTs

2023-06-06No Comments4 Mins Read
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NFT


Fellow Binancians,

Binance NFT marketplace is pleased to announce that the Bitcoin network has been added to the list of supported chains, further expanding the NFT ecosystem for its community.

The Bitcoin network integration further elevates Binance NFT into a multi-chain, open marketplace ecosystem, where users can now explore and trade a wider variety of NFTs across multiple blockchains, including BNB Smart Chain (BSC), Bitcoin (BTC) network, Ethereum (ETH) network and Polygon (MATIC) network, of their Binance accounts.

Main benefits:

  • Users can now to buy, deposit, pull back And list NFTs from the Bitcoin network on the Binance NFT Marketplace, directly from a Binance account. Users are not required to have a separate BTC wallet.

Comments:

  • Currently alone selected Bitcoin NFT collections on the Bitcoin network are available on the Binance NFT Marketplace. Binance NFT will be launching more NFT collections regularly. Consult the FAQ for the list of supported Bitcoin NFT collections.

  • Users should exercise due diligence by verifying that their deposit address is correct before depositing NFTs. NFTs may not be available for withdrawal if deposited to the incorrect deposit address. For more information, please refer to the FAQ.

  • Users must hold Bitcoin in their spot wallet to withdraw Bitcoin NFTs.

Promotion: Trade Bitcoin NFTs On Binance NFT Marketplace to grab another exclusive Bitcoin NFT

Promotion period: 2023-06-06 10:00 (UTC) to 2023-06-19 23:59 (UTC)

Snapshot Period 1: 2023-06-13

Snapshot Period 2: 6/20/2023

To mark the integration of the Bitcoin network into Binance NFT Marketplace, Binance NFT is launching a new promotion to reward the NFT community. Users who have at least one transaction for Bitcoin NFTs on the Binance NFT Marketplace during the Promotion Period (including purchases or sales), may be eligible to share 80 Bitcoin NFTsaccording to the remuneration structure below.

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Reward structure:

  • For eligible users who have previously participated in Binance NFTs enrollment event from 9 – 15 May 2023:

    • Bee each snapshot, 25 winners is selected using the Price selection rules based on BNB Beacon Chain Hash value Unpleasant each received An Bitcoin NFT from the following Bitcoin NFT collections. Out of this group of eligible users, in total 50 winners are eligible to receive a Bitcoin NFT reward each.

    • Breakdown of available Bitcoin NFT rewards by snapshot period: Bitcoin pizzas (3), DogePunks (1), JOMOHippo (3), PixelBirds Sparrow (2), Ordz heroes (4), NPC ordinal numbers (1), NeoYauto (3), Block legends (8).

  • For all other eligible users:

    • 15winners will be selected based on the Price selection rules based on BNB Beacon Chain Hash value bee each Snapshot period. Each winner will stand to receive An Bitcoin NFT from the following Bitcoin NFT collections. There will be in total 30 winners among this group of users.

    • Breakdown of Available Bitcoin NFT Rewards by Snapshot Period: Bitcoin pizzas (1), DogePunks (1), JOMOHippo (1), PixelBirds Sparrow (1), Ordz heroes (2), NPC ordinal numbers (1), NeoYauto (3), Block legends (5).

Stay tuned as we continue to integrate more platforms and blockchains into Binance NFT Marketplace and optimize our features to expand the reach of our offerings.

Terms and Conditions:

  • Users must full identity verification to list and trade NFTs on the Binance NFT Marketplace.

  • The Bitcoin NFT rewards are automatically distributed to users’ accounts within two weeks after the Promotion has ended. Users can find their NFTs via Binance NFT Marketplace > My NFTs > Collected.

  • Each user can qualify for a maximum of An Bitcoin NFT of the Action.

  • Binance reserves the right to suspend, freeze or cancel the use of Binance accounts that show signs of fraudulent behaviour.

  • Binance reserves the right to disqualify transactions deemed to be illegal bulk registered accounts.

  • Binance reserves the right, at its sole discretion, to determine and/or modify or change these terms and conditions at any time without prior notice, including without limitation to cancel, extend, terminate or suspend this Promotion, the terms and eligibility criteria, the selection and number of winners, and the timing of any action to be taken, and all entrants are bound by these changes.

  • Additional promotional terms and conditions can be consulted here.

See also  Veteran Trader Peter Brandt Issues Bitcoin Warning, Says A 75% Drop Is On The Table After Protracted Consolidation

Binance team

2023-06-06

Trade on the go with Binance’s crypto trading app (iOS/Android)

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Binance reserves the right, in its sole discretion, to change or cancel this announcement at any time and for any reason without prior notice.

Risk warning: The value of your NFT may increase or decrease. NFTs are subject to high market risk. Binance is not responsible for verifying the identity, legitimacy or authenticity of any NFT. NFTs are unregulated in most countries, but make sure you can access our Binance NFT Marketplace based on your circumstances. For more information, see Binance NFT Terms and Conditions, our Terms of Use And Risk warning.


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