Binances NFT Marketplace Withdraws Support for Polygon Network

Binances NFT Marketplace Withdraws Support for Polygon Network

Binance NFT Marketplace Announces Changes to Polygon Network Support

Binance NFT Marketplace is a digital platform where you can buy, sell, and trade non-fungible tokens (NFTs). The marketplace, operated by Binance, was launched on June 24, 2021, and offers a wide range of digital assets such as art, collectibles, and virtual goods. It supports multiple blockchain networks and provides numerous activities like auctions and fixed-price sales.

Nonetheless, on September 8, 2023, Binance NFT Marketplace announced that it would no longer support the Polygon Network starting from September 26, 2023. Users are advised to withdraw their NFTs on the Polygon Network from the marketplace by December 31, 2023. Following the specified date, users will be unable to participate in activities related to the Polygon Network on the platform. The staking program for The Sandbox NFTs will likewise be discontinued. The Binance team apologizes for any inconvenience caused and encourages users to reach out to their Customer Support team for any questions.

Hot Take:

Binance NFT Marketplace’s decision to discontinue support for the Polygon Network is part of their efforts to streamline their product offerings. Although while it may cause some inconvenience for users, it enables  the platform to focus on other blockchain networks and activities. The marketplace continues  to be a trending destination for NFT trading, with collaborations with artists and brands contributing to its diverse range of digital assets. As the NFT market continues  to evolve, Binance NFT Marketplace remains a key player in providing a platform for users to explore and engage with this emerging digital asset class.

Commencing Monday, Bitwise Plans to Launch Ethereum Futures ETF Trading
Author – Contributor at | Website

Ethan Glober emerges as a visionary weaving the roles of crypto analyst, relentless researcher, and editorial artisan into a captivating narrative of insight. Within the dynamic realm of digital assets, Ethan’s insights resonate like an intricate melody, resonating with curious minds from all walks of life. His ability to untangle the most complex threads of crypto intricacies seamlessly melds with his editorial finesse, transforming intricacy into a harmonious composition of understanding.

Kunji Finance: Enhancing Crypto Investor Empowerment through Asset Management
Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Follow us

Latest Crypto News

Share via
Share via
Send this to a friend