TL;DR
- Binance NFT will stop supporting exchanges and deposits of Bitcoin NFTs starting April 18, 2024.
- Users must withdraw their Bitcoin NFTs before May 18, 2024.
- Runestone NFTs have been distributed to eligible users and are encouraged to withdraw them by April 10, 2024.
Binance NFT, one of the world’s leading NFT marketplaces, has announced significant changes to its platform that will affect holders of Bitcoin NFTs and Runestone NFTs.
Initially, Binance NFT will discontinue its support for the trading and depositing of Bitcoin NFTs as of April 18, 2024.
This decision means that users will no longer be able to purchase, deposit, bid or list NFTs on the Binance NFT platform using the Bitcoin network.
In order to safeguard your assets, it is recommended that users proceed to withdraw their NFTs prior to May 18, 2024, utilizing the Bitcoin network for this purpose.
Additionally, it has been announced that the NFT Marketplace will no longer offer airdrops, benefits or utilities associated with Bitcoin NFTs after April 10, 2024.
This date marks the end of any opportunity for Binance NFT holders to receive new rewards
Regarding the distribution of Runestone NFTs, Binance NFT has completed the allocation process, ensuring that eligible users have received their respective NFTs on or before April 4, 2024.
Users are urged to withdraw these NFTs before April 10, 2024, to ensure they receive any associated tokens, utilities or benefits after that date.
It is crucial to note that Binance NFT will not facilitate the trading of Runestone NFTs on its platform, thereby necessitating users to take proactive measures to safeguard their assets prior to the specified deadline.
Given the absence of trading support for Runestone NFTs on Binance NFT, users are encouraged to explore alternative platforms or storage solutions to ensure the continued security and accessibility of their assets.
These changes mark a significant milestone in the evolution of the NFT ecosystem, with Binance NFT taking steps to optimize its product and service offering.
Users are encouraged to take necessary steps to protect their assets and take full advantage of the opportunities available on the platform before the specified deadlines.
For any questions or queries, users can contact the company customer support team.
