Key facts
- Binance is shutting down its NFT marketplace.
- The platform will cease operations on August 13, 2024.
- NFT support will move to the self-custodial Binance Wallet.
- Users have until July 3 to withdraw transferable NFTs.
- Non-transferable NFTs will be provided as PDF certificates from Binance Academy.
Binance, the world's largest cryptocurrency exchange, announced it is shutting down its NFT marketplace on August 13, 2024. Support for NFTs will be moved to its self-custodial Binance Wallet, aiming to provide users with easier access to Web3 and decentralized features. NFT holders have a deadline of July 3 to withdraw their transferable NFTs from the platform. For non-transferable NFTs, Binance Academy will offer PDF certificates of course completion. The closure follows similar moves by other major exchanges like Coinbase and Kraken.