Binance, one of the leading digital asset exchanges globally, recently announced its decision to discontinue support for Bitcoin NFTs (Non-Fungible Tokens) on its NFT marketplace. The move, set to take effect on April 18, marks a significant shift in the exchange’s strategy towards its NFT offerings.

The decision, as stated by Binance, is part of the exchange’s ongoing efforts to streamline its product offerings within the NFT marketplace.

The exchange stated:

“Starting from 2024-04-18 06:00 (UTC), users will no longer be able to buy, deposit, bid on, or list NFTs on the Binance NFT Marketplace via the Bitcoin network. All impacted listing orders will be automatically canceled at…

Read more on bitcoinnews