Binance will launch its own NFT platform

Binance's new NFT platform will launch in June this year.

Binance, the world's largest exchange, is entering the non-fungible token market as it prepares to launch its own NFT marketplace. 

The platform will run on Binance Smart Chain. Thanks to this, the developers promise to significantly reduce the cost of NFT transactions. Buying, selling, and creating NFTs will be available to all existing Binance users. 

According to the company's statement, Binance NFT will include two services - a “marketplace”, where you can create your own NFTs and sell them, and a “premium category”, within which exclusive collaborations with famous artists and performers will take place.

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