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
Melania Trump launches her NFT series
The former first lady of the United States launched a platform for selling and buying NFTs on the Solana blockchain.
Walmart is preparing to enter the metaverse market
American retail giant Walmart is preparing to enter the metaverse market with its cryptocurrency and non-fungible token (NFT).
