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Binance NFT

Binance is a large minting house and marketplace for NFTs
Check out Binance nowLeave or read reviews now

Supported blockchains

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Binance NFT

Overview

Binance is a large minting house and marketplace for NFTs

Binance NFT

fees

Taker fee =
Maker fee =

Binance NFT

supported currencies

Twitter
@binance
Available in the US?
Year founded
2017
Accepted payment forms for
Binance NFT
No items found.

Pros

  • Membership is free, a user only needs to create a Binance account to begin utilizing the NFT Marketplace
  • Binance NFT market place is beginner-friendly
  • It's processes are simple to execute and is easy to navigate
  • Charges low minting fee
  • High security

Cons

  • Minting permissions are more restrictive than other platforms
  • The marketplace is young in comparison to other competitors and, therefore, is not yet capturing the rarest or most sought after NFTs

Features

  • Fixed price sales
  • Reserve-auctions

Binance NFT

Review

What is Binance?

Binance is a reputable cryptocurrency exchange which is currently the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 by Changpeng Zhao and is registered in the Cayman Islands.

It launched it’s NFT marketplace in 2021 where users can create, buy and sell NFT. This marketplace will function primarily on the Binance Smart Chain using the BEP-721 tokens (Binance’s NFT token standard). Additionally, it will also support NFTs on the Ethereum network.

The Binance NFT Marketplace is a platform that allows you to trade and create non-fungible tokens.

Creators can mint their own NFTs on both Binance and Ethereum and even transfer between the two blockchains.

It’s not just about creators, collectors can buy NFTs for a fixed price or through auctions.Binance pays the collector 1% royalty whenever a collectible is sold, on the other hand, depositors receive 1% royalty too whenever their deposited NFTs are purchased.  

Binance supports fiat currency and cryptocurrency.

Year Founded: 
2017
Check out Binance now
@binance

Customer Reviews Of 

Binance NFT