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.
Subscribe to ForkNews in Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Ubisoft will launch an NFT marketplace
Ubisoft is launching an in-game NFT marketplace called Quartz.
An enterprising user received an Airdrop using NFTs that he did not initially own. How did this scheme work?
An anonymous user received an airdrop and earned $1.1 million in ApeCoin cryptocurrency by manipulating NFTs from the famous Bored Apes collection. How did he do it?
